Proposed Provision: C2.6. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2020-2021 to 68 and 63, respectively, and then by 3 months per year in 2022-2025 to 69 and 64, respectively.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2018 | 288 | 288 |
2019 | 272 | 272 |
2020 | 256 | 256 |
2021 | 239 | 241 |
2022 | 223 | 225 |
2023 | 206 | 210 |
2024 | 188 | 195 |
2025 | 171 | 180 |
2026 | 154 | 166 |
2027 | 137 | 153 |
2028 | 120 | 140 |
2029 | 104 | 126 |
2030 | 86 | 113 |
2031 | 69 | 100 |
2032 | 51 | 86 |
2033 | 33 | 72 |
2034 | 14 | 58 |
2035 | -5 | 43 |
2036 | -25 | 27 |
2037 | -46 | 12 |
2038 | -67 | -5 |
2039 | -88 | -21 |
2040 | -110 | -38 |
2041 | -132 | -54 |
2042 | -154 | -71 |
2043 | -176 | -88 |
2044 | -199 | -105 |
2045 | -221 | -122 |
2046 | -244 | -138 |
2047 | -267 | -155 |
2048 | -289 | -171 |
2049 | -312 | -188 |
2050 | -335 | -204 |
2051 | -358 | -220 |
2052 | -381 | -237 |
2053 | -403 | -253 |
2054 | -426 | -269 |
2055 | -450 | -285 |
2056 | -473 | -302 |
2057 | -496 | -318 |
2058 | -520 | -335 |
2059 | -544 | -352 |
2060 | -569 | -370 |
2061 | -594 | -388 |
2062 | -619 | -406 |
2063 | -645 | -425 |
2064 | -671 | -444 |
2065 | -698 | -463 |
2066 | -725 | -483 |
2067 | -752 | -504 |
2068 | -780 | -524 |
2069 | -808 | -546 |
2070 | -837 | -567 |
2071 | -866 | -589 |
2072 | -896 | -612 |
2073 | -927 | -634 |
2074 | -958 | -658 |
2075 | -990 | -682 |
2076 | -1023 | -707 |
2077 | -1057 | -732 |
2078 | -1092 | -759 |
2079 | -1128 | -786 |
2080 | -1165 | -814 |
2081 | -1202 | -842 |
2082 | -1240 | -870 |
2083 | -1278 | -899 |
2084 | -1316 | -928 |
2085 | -1354 | -958 |
2086 | -1392 | -987 |
2087 | -1430 | -1016 |
2088 | -1468 | -1045 |
2089 | -1505 | -1074 |
2090 | -1543 | -1103 |
2091 | -1580 | -1131 |
2092 | -1618 | -1160 |
2093 | -1655 | -1189 |
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