Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until it reaches 69 for individuals attaining age 62 in 2034. Thereafter, increase the NRA 1 month every 2 years.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2014 | 320 | 320 |
| 2015 | 306 | 306 |
| 2016 | 292 | 292 |
| 2017 | 277 | 277 |
| 2018 | 262 | 262 |
| 2019 | 248 | 248 |
| 2020 | 233 | 233 |
| 2021 | 219 | 219 |
| 2022 | 203 | 203 |
| 2023 | 187 | 188 |
| 2024 | 171 | 172 |
| 2025 | 154 | 155 |
| 2026 | 137 | 139 |
| 2027 | 119 | 122 |
| 2028 | 101 | 104 |
| 2029 | 83 | 87 |
| 2030 | 64 | 68 |
| 2031 | 44 | 49 |
| 2032 | 23 | 30 |
| 2033 | 2 | 10 |
| 2034 | -20 | -10 |
| 2035 | -42 | -30 |
| 2036 | -65 | -51 |
| 2037 | -88 | -72 |
| 2038 | -112 | -93 |
| 2039 | -136 | -114 |
| 2040 | -160 | -135 |
| 2041 | -185 | -156 |
| 2042 | -210 | -177 |
| 2043 | -235 | -198 |
| 2044 | -260 | -219 |
| 2045 | -285 | -239 |
| 2046 | -310 | -260 |
| 2047 | -336 | -280 |
| 2048 | -362 | -301 |
| 2049 | -388 | -322 |
| 2050 | -415 | -343 |
| 2051 | -442 | -363 |
| 2052 | -468 | -384 |
| 2053 | -495 | -404 |
| 2054 | -523 | -424 |
| 2055 | -550 | -445 |
| 2056 | -578 | -465 |
| 2057 | -606 | -486 |
| 2058 | -635 | -507 |
| 2059 | -664 | -528 |
| 2060 | -694 | -549 |
| 2061 | -725 | -571 |
| 2062 | -756 | -592 |
| 2063 | -787 | -614 |
| 2064 | -819 | -637 |
| 2065 | -852 | -659 |
| 2066 | -885 | -682 |
| 2067 | -918 | -705 |
| 2068 | -952 | -729 |
| 2069 | -987 | -753 |
| 2070 | -1022 | -778 |
| 2071 | -1057 | -804 |
| 2072 | -1094 | -830 |
| 2073 | -1132 | -857 |
| 2074 | -1171 | -884 |
| 2075 | -1210 | -912 |
| 2076 | -1251 | -940 |
| 2077 | -1293 | -968 |
| 2078 | -1335 | -997 |
| 2079 | -1378 | -1028 |
| 2080 | -1421 | -1059 |
| 2081 | -1464 | -1090 |
| 2082 | -1507 | -1122 |
| 2083 | -1550 | -1153 |
| 2084 | -1593 | -1184 |
| 2085 | -1636 | -1214 |
| 2086 | -1680 | -1246 |
| 2087 | -1724 | -1276 |
| 2088 | -1769 | -1307 |
| 2089 | -1814 | -1338 |
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