Proposed Provision: C2.8. Starting in 2022, 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 30 percent for those age 62 in 2022) phased in over 40 years.

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

Year Current Law Provision
2019273273
2020260260
2021245245
2022229229
2023213214
2024197198
2025180182
2026163166
2027147150
2028130135
2029114119
203097103
20318087
20326371
20334655
20342838
20351021
2036-94
2037-28-14
2038-47-32
2039-67-51
2040-87-70
2041-108-89
2042-129-109
2043-150-128
2044-171-147
2045-192-167
2046-213-186
2047-234-205
2048-255-225
2049-276-244
2050-297-263
2051-318-282
2052-338-301
2053-359-319
2054-380-338
2055-401-357
2056-422-376
2057-444-395
2058-465-414
2059-487-433
2060-509-453
2061-531-473
2062-554-493
2063-577-513
2064-601-534
2065-625-555
2066-649-577
2067-674-598
2068-699-620
2069-724-643
2070-749-665
2071-776-688
2072-802-712
2073-830-736
2074-857-760
2075-885-784
2076-914-810
2077-944-836
2078-975-863
2079-1007-890
2080-1039-919
2081-1072-947
2082-1106-976
2083-1139-1006
2084-1173-1035
2085-1207-1065
2086-1242-1095
2087-1275-1125
2088-1309-1154
2089-1342-1183
2090-1375-1211
2091-1407-1239
2092-1439-1267
2093-1471-1295
2094-1503-1322
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