Proposed Provision: C1.3. Starting for those age 62 in 2025, index the normal retirement age (NRA) to maintain a constant ratio of expected retirement years (life expectancy at NRA) to potential work years (NRA minus 20). We assume the NRA will increase 1 month every 2 years.

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

Year Current Law Provision
2024188188
2025171171
2026152152
2027134135
2028117118
2029101101
20308485
20316869
20325354
20333738
20342224
203578
2036-9-7
2037-26-23
2038-43-40
2039-60-57
2040-78-74
2041-96-92
2042-115-110
2043-135-128
2044-154-147
2045-174-166
2046-194-185
2047-215-205
2048-235-224
2049-256-244
2050-277-264
2051-299-284
2052-320-304
2053-342-324
2054-364-344
2055-386-365
2056-409-385
2057-431-406
2058-455-427
2059-478-449
2060-502-471
2061-527-493
2062-553-517
2063-579-540
2064-605-564
2065-632-588
2066-660-613
2067-688-638
2068-716-663
2069-745-689
2070-774-715
2071-803-742
2072-834-769
2073-864-796
2074-895-824
2075-927-852
2076-960-881
2077-993-910
2078-1027-941
2079-1062-971
2080-1098-1003
2081-1134-1035
2082-1172-1067
2083-1209-1100
2084-1248-1134
2085-1287-1168
2086-1327-1202
2087-1368-1237
2088-1409-1273
2089-1450-1309
2090-1491-1345
2091-1532-1380
2092-1573-1415
2093-1612-1450
2094-1651-1485
2095-1689-1519
2096-1727-1554
2097-1764-1587
2098-1801-1618
2099-1838-1648
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