Proposed Provision: C2.8. Starting in 2021, convert all disabled-worker beneficiaries to retired-worker status upon attainment of their earliest eligibility age (EEA) rather than their normal retirement age (NRA). After conversion, apply the early retirement reduction for retirement at EEA (currently about 29.2 percent for those age 62 in 2021) phased in over 40 years.

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

Year Current Law Provision
2018288288
2019272272
2020256256
2021239240
2022223223
2023206207
2024188190
2025171174
2026154157
2027137142
2028120126
2029104110
20308694
20316977
20325160
20333343
20341425
2035-57
2036-25-12
2037-46-31
2038-67-50
2039-88-70
2040-110-91
2041-132-111
2042-154-132
2043-176-153
2044-199-174
2045-221-194
2046-244-215
2047-267-236
2048-289-257
2049-312-278
2050-335-298
2051-358-319
2052-381-340
2053-403-360
2054-426-381
2055-450-402
2056-473-423
2057-496-444
2058-520-465
2059-544-486
2060-569-508
2061-594-530
2062-619-553
2063-645-576
2064-671-599
2065-698-623
2066-725-647
2067-752-671
2068-780-696
2069-808-721
2070-837-746
2071-866-772
2072-896-798
2073-927-825
2074-958-852
2075-990-880
2076-1023-909
2077-1057-939
2078-1092-970
2079-1128-1001
2080-1165-1033
2081-1202-1066
2082-1240-1099
2083-1278-1132
2084-1316-1166
2085-1354-1199
2086-1392-1233
2087-1430-1266
2088-1468-1299
2089-1505-1332
2090-1543-1365
2091-1580-1397
2092-1618-1430
2093-1655-1463
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