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. Also, raise the earliest eligibility age (EEA) for retired-workers, aged widow(er)s, and disabled widow(er)s by the same amount as the NRA starting for those attaining EEA in 2017.
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 | 258 |
| 2019 | 244 | 245 |
| 2020 | 231 | 232 |
| 2021 | 218 | 219 |
| 2022 | 204 | 206 |
| 2023 | 189 | 192 |
| 2024 | 173 | 177 |
| 2025 | 158 | 162 |
| 2026 | 142 | 146 |
| 2027 | 125 | 130 |
| 2028 | 108 | 114 |
| 2029 | 90 | 97 |
| 2030 | 71 | 79 |
| 2031 | 52 | 60 |
| 2032 | 31 | 41 |
| 2033 | 11 | 21 |
| 2034 | -11 | 1 |
| 2035 | -32 | -20 |
| 2036 | -55 | -41 |
| 2037 | -78 | -63 |
| 2038 | -101 | -84 |
| 2039 | -124 | -106 |
| 2040 | -148 | -129 |
| 2041 | -172 | -151 |
| 2042 | -196 | -174 |
| 2043 | -220 | -196 |
| 2044 | -245 | -219 |
| 2045 | -269 | -242 |
| 2046 | -294 | -265 |
| 2047 | -319 | -288 |
| 2048 | -345 | -311 |
| 2049 | -371 | -335 |
| 2050 | -397 | -358 |
| 2051 | -423 | -382 |
| 2052 | -449 | -406 |
| 2053 | -476 | -429 |
| 2054 | -502 | -453 |
| 2055 | -530 | -477 |
| 2056 | -557 | -501 |
| 2057 | -585 | -526 |
| 2058 | -613 | -551 |
| 2059 | -642 | -576 |
| 2060 | -671 | -602 |
| 2061 | -701 | -628 |
| 2062 | -732 | -655 |
| 2063 | -763 | -683 |
| 2064 | -794 | -710 |
| 2065 | -826 | -739 |
| 2066 | -859 | -767 |
| 2067 | -892 | -796 |
| 2068 | -925 | -825 |
| 2069 | -959 | -855 |
| 2070 | -993 | -885 |
| 2071 | -1028 | -915 |
| 2072 | -1064 | -946 |
| 2073 | -1101 | -977 |
| 2074 | -1139 | -1010 |
| 2075 | -1178 | -1044 |
| 2076 | -1217 | -1078 |
| 2077 | -1258 | -1113 |
| 2078 | -1299 | -1149 |
| 2079 | -1340 | -1186 |
| 2080 | -1382 | -1223 |
| 2081 | -1424 | -1261 |
| 2082 | -1466 | -1298 |
| 2083 | -1508 | -1334 |
| 2084 | -1550 | -1369 |
| 2085 | -1592 | -1404 |
| 2086 | -1635 | -1440 |
| 2087 | -1678 | -1477 |
| 2088 | -1722 | -1514 |
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