Proposed Provision: C1.1. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 1 month every 2 years until the NRA reaches 68.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2018288288
2019272272
2020256256
2021239239
2022223223
2023206206
2024188188
2025171171
2026154154
2027137138
2028120121
2029104105
20308688
20316970
20325153
20333335
20341417
2035-5-2
2036-25-22
2037-46-42
2038-67-62
2039-88-83
2040-110-103
2041-132-125
2042-154-146
2043-176-167
2044-199-189
2045-221-210
2046-244-232
2047-267-253
2048-289-274
2049-312-296
2050-335-317
2051-358-338
2052-381-359
2053-403-380
2054-426-400
2055-450-421
2056-473-442
2057-496-463
2058-520-485
2059-544-506
2060-569-528
2061-594-550
2062-619-572
2063-645-595
2064-671-619
2065-698-642
2066-725-666
2067-752-690
2068-780-715
2069-808-740
2070-837-766
2071-866-792
2072-896-818
2073-927-845
2074-958-873
2075-990-901
2076-1023-930
2077-1057-960
2078-1092-991
2079-1128-1023
2080-1165-1055
2081-1202-1088
2082-1240-1122
2083-1278-1155
2084-1316-1189
2085-1354-1223
2086-1392-1257
2087-1430-1291
2088-1468-1324
2089-1505-1358
2090-1543-1391
2091-1580-1424
2092-1618-1458
2093-1655-1491
back