Skip to content
Social Security Online
Actuarial Publications
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables

Description of Proposed Provision:
Increase both the earliest eligibility age (EEA) and the normal retirement age (NRA) at a rate of 36/47 of a month per year starting for those reaching age 62 in 2023, until reaching an EEA of 65 and an NRA of 70 for those reaching age 62 in 2069. For each year, the computed EEA and NRA would be rounded down to the next lower full month.

 

Financial Estimates for the OASDI Trust Fund Program

 
  Proposal
  Change from Present Law
  Expressed as a percentage of
present-law taxable payroll

Trust fund
ratio as of
January 1
Expressed as a percentage of
present-law taxable payroll
Calendar
year
Cost
rate
Income
rate
Annual
balance

Cost
rate
Income
rate
Annual
balance
201013.0912.33-0.76
355
0.000.000.00
201113.0412.91-0.12
353
0.000.000.00
201212.8412.870.03
350
0.000.000.00
201312.8212.900.08
346
0.000.000.00
201412.8612.920.06
341
0.000.000.00
201512.9812.94-0.04
335
0.000.000.00
201613.1012.96-0.14
330
0.000.000.00
201713.3012.99-0.32
324
0.000.000.00
201813.5513.01-0.53
317
0.000.000.00
201913.8413.03-0.81
309
0.000.000.00
202014.1513.05-1.10
299
0.000.000.00
202114.4513.07-1.39
289
0.000.000.00
202214.7513.08-1.66
277
0.000.000.00
202315.0313.10-1.93
264
0.000.000.00
202415.2813.12-2.16
251
-0.010.000.01
202515.5113.13-2.38
237
-0.020.000.02
202615.7213.15-2.57
222
-0.040.000.04
202715.9113.16-2.74
206
-0.050.000.05
202816.0713.17-2.89
190
-0.060.000.07
202916.2113.19-3.02
173
-0.080.000.08
203016.3113.20-3.12
156
-0.090.000.10
203116.3913.20-3.18
139
-0.120.000.12
203216.4413.21-3.23
121
-0.150.000.15
203316.4813.22-3.26
103
-0.180.000.18
203416.4913.22-3.27
85
-0.210.000.21
203516.4913.22-3.26
66
-0.240.000.24
203616.4613.23-3.24
48
-0.270.000.27
203716.4313.23-3.20
29
-0.310.000.31
203816.3813.23-3.15
11
-0.340.000.34
203916.3013.23-3.08
----
-0.380.000.37
204016.2313.23-3.01
----
-0.410.000.41
204116.1513.23-2.93
----
-0.440.000.44
204216.0713.22-2.85
----
-0.480.000.48
204315.9913.22-2.77
----
-0.520.000.52
204415.9213.22-2.70
----
-0.560.000.55
204515.8513.22-2.63
----
-0.590.000.59
204615.7913.22-2.57
----
-0.630.000.62
204715.7313.22-2.51
----
-0.67-0.010.66
204815.6713.22-2.45
----
-0.71-0.010.70
204915.6013.22-2.39
----
-0.75-0.010.74
205015.5413.22-2.32
----
-0.79-0.010.79
205115.4813.22-2.26
----
-0.85-0.010.84
205215.4313.22-2.21
----
-0.89-0.010.89
205315.4013.22-2.18
----
-0.94-0.010.93
205415.3713.22-2.15
----
-0.98-0.010.97
205515.3513.22-2.13
----
-1.01-0.011.00
205615.3513.23-2.12
----
-1.04-0.011.03
205715.3413.23-2.12
----
-1.07-0.011.06
205815.3313.23-2.11
----
-1.11-0.011.10
205915.3213.23-2.09
----
-1.14-0.011.13
206015.3113.23-2.08
----
-1.17-0.011.16
206115.3113.23-2.08
----
-1.20-0.011.19
206215.3013.24-2.07
----
-1.23-0.011.22
206315.2913.24-2.05
----
-1.27-0.011.25
206415.2813.24-2.04
----
-1.31-0.011.29
206515.2713.24-2.03
----
-1.35-0.011.33
206615.2613.24-2.02
----
-1.39-0.011.37
206715.2613.24-2.01
----
-1.43-0.011.41
206815.2613.25-2.01
----
-1.47-0.021.45
206915.2613.25-2.01
----
-1.51-0.021.49
207015.2613.25-2.01
----
-1.55-0.021.53
207115.2613.25-2.01
----
-1.58-0.021.57
207215.2713.26-2.01
----
-1.62-0.021.60
207315.2813.26-2.02
----
-1.66-0.021.64
207415.2813.26-2.03
----
-1.70-0.021.68
207515.2913.26-2.03
----
-1.73-0.021.71
207615.3013.26-2.04
----
-1.77-0.021.74
207715.3113.26-2.05
----
-1.80-0.031.78
207815.3213.26-2.06
----
-1.84-0.031.81
207915.3413.26-2.07
----
-1.87-0.031.84
208015.3513.26-2.08
----
-1.90-0.031.87
208115.3613.27-2.09
----
-1.93-0.031.90
208215.3713.27-2.11
----
-1.97-0.041.93
208315.3913.27-2.12
----
-2.00-0.041.96
208415.4013.27-2.13
----
-2.03-0.041.99
208515.4113.27-2.14
----
-2.05-0.042.01



 

Summarized Estimates

 
  Proposal
  Change from Present Law
Years Cost
rate
Income
rate
Actuarial
balance

Year of
exhaustion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2010 Trustees Report.
2010-2084 15.30% 14.00% -1.30%
2038
-0.63% -0.01% 0.62%
 
1 Under present law, the year of exhaustion is 2037.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified April 27, 2011