Proposed Provision: C2.6. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2020-21 to 68 and 63, respectively, and then by 3 months per year in 2022-25 to 69 and 64, respectively.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 277 |
2019 | 262 | 262 |
2020 | 246 | 247 |
2021 | 231 | 233 |
2022 | 216 | 218 |
2023 | 200 | 204 |
2024 | 183 | 189 |
2025 | 165 | 175 |
2026 | 149 | 161 |
2027 | 132 | 148 |
2028 | 115 | 136 |
2029 | 98 | 123 |
2030 | 81 | 111 |
2031 | 64 | 98 |
2032 | 46 | 85 |
2033 | 27 | 72 |
2034 | 8 | 58 |
2035 | -11 | 43 |
2036 | -30 | 29 |
2037 | -50 | 14 |
2038 | -71 | -1 |
2039 | -91 | -17 |
2040 | -112 | -32 |
2041 | -133 | -48 |
2042 | -154 | -63 |
2043 | -176 | -79 |
2044 | -197 | -94 |
2045 | -218 | -109 |
2046 | -240 | -124 |
2047 | -262 | -140 |
2048 | -283 | -155 |
2049 | -305 | -170 |
2050 | -327 | -185 |
2051 | -349 | -200 |
2052 | -371 | -216 |
2053 | -393 | -231 |
2054 | -415 | -246 |
2055 | -437 | -261 |
2056 | -460 | -276 |
2057 | -482 | -292 |
2058 | -506 | -308 |
2059 | -529 | -324 |
2060 | -553 | -341 |
2061 | -578 | -358 |
2062 | -603 | -376 |
2063 | -628 | -394 |
2064 | -654 | -412 |
2065 | -680 | -431 |
2066 | -706 | -450 |
2067 | -733 | -469 |
2068 | -760 | -489 |
2069 | -788 | -509 |
2070 | -816 | -530 |
2071 | -845 | -551 |
2072 | -874 | -573 |
2073 | -905 | -595 |
2074 | -935 | -617 |
2075 | -967 | -641 |
2076 | -1000 | -665 |
2077 | -1033 | -689 |
2078 | -1068 | -715 |
2079 | -1102 | -740 |
2080 | -1138 | -767 |
2081 | -1173 | -793 |
2082 | -1208 | -820 |
2083 | -1243 | -846 |
2084 | -1279 | -872 |
2085 | -1314 | -899 |
2086 | -1349 | -925 |
2087 | -1384 | -952 |
2088 | -1419 | -979 |
2089 | -1455 | -1005 |
2090 | -1491 | -1033 |
2091 | -1528 | -1060 |
back