Proposed Provision: Index benefits to longevity after the normal retirement age (NRA) reaches age 67 under current law. Under current law, the NRA reaches 67 for individuals who attain age 62 in 2022 and later. Under this provision, the NRA would be further increased by one month for those attaining age 62 in every other year after 2022.

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

Year Present Law Provision
2008359359
2009369369
2010378378
2011386386
2012392392
2013394394
2014395395
2015393393
2016390390
2017385385
2018378378
2019371371
2020361361
2021351351
2022341341
2023329329
2024316316
2025302302
2026287288
2027272273
2028256257
2029239240
2030221223
2031203206
2032185188
2033166170
2034147152
2035127133
2036108114
20378895
20386776
20394757
20402638
2041619
2042-150
2043-36-20
2044-57-39
2045-78-58
2046-100-77
2047-121-97
2048-143-116
2049-165-136
2050-187-155
2051-209-175
2052-232-195
2053-254-214
2054-277-234
2055-300-254
2056-324-274
2057-347-294
2058-372-315
2059-396-335
2060-421-356
2061-447-377
2062-472-399
2063-498-421
2064-525-443
2065-552-465
2066-579-489
2067-607-512
2068-635-535
2069-664-558
2070-693-580
2071-722-602
2072-752-625
2073-782-649
2074-813-673
2075-845-697
2076-876-722
2077-909-748
2078-942-774
2079-975-801
2080-1009-828
2081-1044-856
2082-1079-884
2083-1114-913
2084-1151-942
2085-1188-972
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