Proposed Provision: C1.2. Increase the normal retirement age (NRA) 2 months per year for those age 62 starting in 2027 and ending in 2032 (NRA reaches 68 for those age 62 in 2032).
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2026 | 151 | 151 |
| 2027 | 131 | 131 |
| 2028 | 111 | 111 |
| 2029 | 92 | 93 |
| 2030 | 74 | 75 |
| 2031 | 57 | 58 |
| 2032 | 40 | 42 |
| 2033 | 23 | 26 |
| 2034 | 7 | 11 |
| 2035 | -9 | -5 |
| 2036 | -25 | -20 |
| 2037 | -41 | -35 |
| 2038 | -58 | -51 |
| 2039 | -76 | -67 |
| 2040 | -94 | -83 |
| 2041 | -112 | -100 |
| 2042 | -132 | -118 |
| 2043 | -151 | -135 |
| 2044 | -171 | -153 |
| 2045 | -192 | -172 |
| 2046 | -213 | -191 |
| 2047 | -234 | -210 |
| 2048 | -256 | -230 |
| 2049 | -279 | -250 |
| 2050 | -301 | -270 |
| 2051 | -324 | -291 |
| 2052 | -347 | -311 |
| 2053 | -371 | -332 |
| 2054 | -395 | -354 |
| 2055 | -420 | -375 |
| 2056 | -445 | -398 |
| 2057 | -470 | -420 |
| 2058 | -496 | -443 |
| 2059 | -522 | -467 |
| 2060 | -550 | -491 |
| 2061 | -578 | -516 |
| 2062 | -607 | -542 |
| 2063 | -636 | -568 |
| 2064 | -666 | -595 |
| 2065 | -697 | -623 |
| 2066 | -729 | -651 |
| 2067 | -761 | -680 |
| 2068 | -794 | -710 |
| 2069 | -827 | -740 |
| 2070 | -861 | -770 |
| 2071 | -896 | -802 |
| 2072 | -931 | -834 |
| 2073 | -967 | -867 |
| 2074 | -1004 | -900 |
| 2075 | -1042 | -934 |
| 2076 | -1081 | -970 |
| 2077 | -1121 | -1006 |
| 2078 | -1162 | -1044 |
| 2079 | -1204 | -1082 |
| 2080 | -1248 | -1122 |
| 2081 | -1292 | -1162 |
| 2082 | -1337 | -1203 |
| 2083 | -1384 | -1245 |
| 2084 | -1431 | -1289 |
| 2085 | -1480 | -1334 |
| 2086 | -1530 | -1379 |
| 2087 | -1581 | -1426 |
| 2088 | -1633 | -1473 |
| 2089 | -1686 | -1522 |
| 2090 | -1740 | -1571 |
| 2091 | -1795 | -1621 |
| 2092 | -1850 | -1672 |
| 2093 | -1906 | -1723 |
| 2094 | -1962 | -1774 |
| 2095 | -2019 | -1826 |
| 2096 | -2075 | -1877 |
| 2097 | -2132 | -1929 |
| 2098 | -2189 | -1981 |
| 2099 | -2246 | -2033 |
| 2100 | -2303 | -2085 |
| 2101 | -2359 | -2137 |
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