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
2013330330
2014315315
2015301301
2016286286
2017271272
2018257259
2019244247
2020231235
2021218223
2022204211
2023189199
2024173186
2025158174
2026142161
2027125147
2028108134
202990120
203071105
20315290
20323174
20331158
2034-1142
2035-3225
2036-558
2037-78-10
2038-101-28
2039-124-46
2040-148-64
2041-172-82
2042-196-100
2043-220-118
2044-245-137
2045-269-155
2046-294-173
2047-319-191
2048-345-210
2049-371-229
2050-397-247
2051-423-266
2052-449-285
2053-476-304
2054-502-323
2055-530-342
2056-557-361
2057-585-381
2058-613-401
2059-642-422
2060-671-443
2061-701-465
2062-732-487
2063-763-509
2064-794-532
2065-826-556
2066-859-580
2067-892-604
2068-925-629
2069-959-654
2070-993-680
2071-1028-706
2072-1064-732
2073-1101-760
2074-1139-788
2075-1178-817
2076-1217-847
2077-1258-877
2078-1299-908
2079-1340-939
2080-1382-970
2081-1424-1001
2082-1466-1033
2083-1508-1064
2084-1550-1095
2085-1592-1127
2086-1635-1159
2087-1678-1191
2088-1722-1224
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