Proposed Provision: C1.4. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until it reaches 69 for individuals attaining age 62 in 2034. Thereafter, increase the NRA 1 month every 2 years.

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

Year Current Law Provision
2020261261
2021248248
2022233233
2023217217
2024200201
2025183184
2026165167
2027148150
2028130132
2029112115
20309498
20317681
20325863
20333946
20342029
2035112
2036-19-6
2037-38-23
2038-59-41
2039-80-59
2040-101-76
2041-122-94
2042-144-112
2043-166-130
2044-188-148
2045-210-166
2046-232-184
2047-255-201
2048-277-218
2049-299-235
2050-322-252
2051-344-268
2052-367-285
2053-389-301
2054-412-317
2055-434-333
2056-457-350
2057-480-366
2058-504-381
2059-527-397
2060-551-413
2061-575-429
2062-599-445
2063-624-462
2064-650-479
2065-676-496
2066-702-513
2067-728-530
2068-755-548
2069-782-566
2070-809-585
2071-837-605
2072-866-624
2073-895-644
2074-925-664
2075-955-685
2076-986-706
2077-1018-727
2078-1051-749
2079-1084-772
2080-1119-796
2081-1154-819
2082-1190-843
2083-1226-868
2084-1263-892
2085-1300-917
2086-1337-942
2087-1374-966
2088-1411-991
2089-1448-1017
2090-1484-1042
2091-1520-1068
2092-1554-1093
2093-1589-1117
2094-1623-1140
2095-1657-1162
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