Proposed Provision: Shorten the hiatus in the normal retirement age (start increasing to age 67 for those age 62 in 2009) and then increase the NRA by 2 months every year until the NRA reaches age 68
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| | |
| 2008 | 359 | 359 |
| 2009 | 369 | 369 |
| 2010 | 378 | 379 |
| 2011 | 386 | 387 |
| 2012 | 392 | 393 |
| 2013 | 394 | 397 |
| 2014 | 395 | 399 |
| 2015 | 393 | 400 |
| 2016 | 390 | 400 |
| 2017 | 385 | 399 |
| 2018 | 378 | 397 |
| 2019 | 371 | 393 |
| 2020 | 361 | 388 |
| 2021 | 351 | 383 |
| 2022 | 341 | 376 |
| 2023 | 329 | 368 |
| 2024 | 316 | 360 |
| 2025 | 302 | 350 |
| 2026 | 287 | 339 |
| 2027 | 272 | 327 |
| 2028 | 256 | 314 |
| 2029 | 239 | 301 |
| 2030 | 221 | 287 |
| 2031 | 203 | 273 |
| 2032 | 185 | 259 |
| 2033 | 166 | 244 |
| 2034 | 147 | 229 |
| 2035 | 127 | 214 |
| 2036 | 108 | 199 |
| 2037 | 88 | 183 |
| 2038 | 67 | 168 |
| 2039 | 47 | 152 |
| 2040 | 26 | 137 |
| 2041 | 6 | 121 |
| 2042 | -15 | 105 |
| 2043 | -36 | 90 |
| 2044 | -57 | 74 |
| 2045 | -78 | 58 |
| 2046 | -100 | 42 |
| 2047 | -121 | 27 |
| 2048 | -143 | 10 |
| 2049 | -165 | -6 |
| 2050 | -187 | -22 |
| 2051 | -209 | -39 |
| 2052 | -232 | -55 |
| 2053 | -254 | -72 |
| 2054 | -277 | -89 |
| 2055 | -300 | -107 |
| 2056 | -324 | -125 |
| 2057 | -347 | -143 |
| 2058 | -372 | -161 |
| 2059 | -396 | -180 |
| 2060 | -421 | -199 |
| 2061 | -447 | -218 |
| 2062 | -472 | -238 |
| 2063 | -498 | -258 |
| 2064 | -525 | -278 |
| 2065 | -552 | -299 |
| 2066 | -579 | -320 |
| 2067 | -607 | -341 |
| 2068 | -635 | -363 |
| 2069 | -664 | -385 |
| 2070 | -693 | -408 |
| 2071 | -722 | -431 |
| 2072 | -752 | -454 |
| 2073 | -782 | -478 |
| 2074 | -813 | -502 |
| 2075 | -845 | -526 |
| 2076 | -876 | -551 |
| 2077 | -909 | -577 |
| 2078 | -942 | -603 |
| 2079 | -975 | -629 |
| 2080 | -1009 | -656 |
| 2081 | -1044 | -684 |
| 2082 | -1079 | -712 |
| 2083 | -1114 | -740 |
| 2084 | -1151 | -769 |
| 2085 | -1188 | -799 |
back