Proposed Provision: Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2016 by 3 months per year until EEA reaches 64 in 2023 and NRA reaches 69 in 2027.

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

Year Present Law Provision
2012340340
2013329329
2014315315
2015302302
2016290290
2017277278
2018265267
2019253256
2020240244
2021227233
2022212221
2023197208
2024181195
2025164181
2026147167
2027129152
2028110136
202990120
203070104
20314987
20322769
2033552
2034-1834
2035-4115
2036-65-3
2037-89-22
2038-114-42
2039-138-61
2040-163-80
2041-189-100
2042-215-120
2043-240-140
2044-266-159
2045-292-179
2046-319-199
2047-346-219
2048-373-239
2049-400-259
2050-428-280
2051-456-300
2052-484-321
2053-512-341
2054-540-361
2055-569-382
2056-598-403
2057-628-424
2058-657-445
2059-688-467
2060-719-489
2061-750-512
2062-782-535
2063-814-558
2064-847-582
2065-880-606
2066-913-630
2067-946-654
2068-980-679
2069-1014-704
2070-1049-729
2071-1084-755
2072-1120-781
2073-1156-807
2074-1193-834
2075-1230-862
2076-1268-890
2077-1307-918
2078-1346-947
2079-1385-976
2080-1425-1006
2081-1465-1036
2082-1505-1066
2083-1547-1096
2084-1588-1127
2085-1631-1159
2086-1673-1191
2087-1717-1223
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