Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, index the NRA to maintain a constant ratio of expected retirement years (life expectancy at NRA) to potential work years (NRA minus 20). We assume the NRA will increase 1 month every 2 years.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2013 | 330 | 330 |
| 2014 | 315 | 315 |
| 2015 | 301 | 301 |
| 2016 | 286 | 286 |
| 2017 | 271 | 271 |
| 2018 | 257 | 257 |
| 2019 | 244 | 244 |
| 2020 | 231 | 231 |
| 2021 | 218 | 218 |
| 2022 | 204 | 204 |
| 2023 | 189 | 189 |
| 2024 | 173 | 174 |
| 2025 | 158 | 158 |
| 2026 | 142 | 142 |
| 2027 | 125 | 125 |
| 2028 | 108 | 108 |
| 2029 | 90 | 91 |
| 2030 | 71 | 72 |
| 2031 | 52 | 53 |
| 2032 | 31 | 33 |
| 2033 | 11 | 13 |
| 2034 | -11 | -8 |
| 2035 | -32 | -30 |
| 2036 | -55 | -51 |
| 2037 | -78 | -73 |
| 2038 | -101 | -96 |
| 2039 | -124 | -119 |
| 2040 | -148 | -141 |
| 2041 | -172 | -164 |
| 2042 | -196 | -188 |
| 2043 | -220 | -211 |
| 2044 | -245 | -234 |
| 2045 | -269 | -258 |
| 2046 | -294 | -281 |
| 2047 | -319 | -305 |
| 2048 | -345 | -329 |
| 2049 | -371 | -353 |
| 2050 | -397 | -378 |
| 2051 | -423 | -402 |
| 2052 | -449 | -426 |
| 2053 | -476 | -451 |
| 2054 | -502 | -475 |
| 2055 | -530 | -500 |
| 2056 | -557 | -525 |
| 2057 | -585 | -551 |
| 2058 | -613 | -576 |
| 2059 | -642 | -602 |
| 2060 | -671 | -629 |
| 2061 | -701 | -656 |
| 2062 | -732 | -684 |
| 2063 | -763 | -711 |
| 2064 | -794 | -740 |
| 2065 | -826 | -768 |
| 2066 | -859 | -797 |
| 2067 | -892 | -827 |
| 2068 | -925 | -857 |
| 2069 | -959 | -887 |
| 2070 | -993 | -917 |
| 2071 | -1028 | -949 |
| 2072 | -1064 | -981 |
| 2073 | -1101 | -1014 |
| 2074 | -1139 | -1047 |
| 2075 | -1178 | -1082 |
| 2076 | -1217 | -1117 |
| 2077 | -1258 | -1152 |
| 2078 | -1299 | -1189 |
| 2079 | -1340 | -1226 |
| 2080 | -1382 | -1263 |
| 2081 | -1424 | -1301 |
| 2082 | -1466 | -1338 |
| 2083 | -1508 | -1375 |
| 2084 | -1550 | -1411 |
| 2085 | -1592 | -1448 |
| 2086 | -1635 | -1485 |
| 2087 | -1678 | -1522 |
| 2088 | -1722 | -1558 |
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