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 |
| 2014 | 320 | 320 |
| 2015 | 306 | 306 |
| 2016 | 292 | 292 |
| 2017 | 277 | 277 |
| 2018 | 262 | 263 |
| 2019 | 248 | 248 |
| 2020 | 233 | 234 |
| 2021 | 219 | 220 |
| 2022 | 203 | 205 |
| 2023 | 187 | 189 |
| 2024 | 171 | 173 |
| 2025 | 154 | 157 |
| 2026 | 137 | 140 |
| 2027 | 119 | 123 |
| 2028 | 101 | 106 |
| 2029 | 83 | 88 |
| 2030 | 64 | 69 |
| 2031 | 44 | 50 |
| 2032 | 23 | 30 |
| 2033 | 2 | 10 |
| 2034 | -20 | -11 |
| 2035 | -42 | -32 |
| 2036 | -65 | -54 |
| 2037 | -88 | -77 |
| 2038 | -112 | -99 |
| 2039 | -136 | -122 |
| 2040 | -160 | -145 |
| 2041 | -185 | -169 |
| 2042 | -210 | -192 |
| 2043 | -235 | -216 |
| 2044 | -260 | -239 |
| 2045 | -285 | -263 |
| 2046 | -310 | -287 |
| 2047 | -336 | -311 |
| 2048 | -362 | -335 |
| 2049 | -388 | -360 |
| 2050 | -415 | -385 |
| 2051 | -442 | -410 |
| 2052 | -468 | -434 |
| 2053 | -495 | -459 |
| 2054 | -523 | -484 |
| 2055 | -550 | -509 |
| 2056 | -578 | -534 |
| 2057 | -606 | -560 |
| 2058 | -635 | -586 |
| 2059 | -664 | -612 |
| 2060 | -694 | -639 |
| 2061 | -725 | -667 |
| 2062 | -756 | -694 |
| 2063 | -787 | -723 |
| 2064 | -819 | -752 |
| 2065 | -852 | -781 |
| 2066 | -885 | -811 |
| 2067 | -918 | -841 |
| 2068 | -952 | -871 |
| 2069 | -987 | -902 |
| 2070 | -1022 | -933 |
| 2071 | -1057 | -965 |
| 2072 | -1094 | -997 |
| 2073 | -1132 | -1031 |
| 2074 | -1171 | -1066 |
| 2075 | -1210 | -1101 |
| 2076 | -1251 | -1138 |
| 2077 | -1293 | -1175 |
| 2078 | -1335 | -1213 |
| 2079 | -1378 | -1252 |
| 2080 | -1421 | -1292 |
| 2081 | -1464 | -1333 |
| 2082 | -1507 | -1373 |
| 2083 | -1550 | -1412 |
| 2084 | -1593 | -1450 |
| 2085 | -1636 | -1488 |
| 2086 | -1680 | -1525 |
| 2087 | -1724 | -1564 |
| 2088 | -1769 | -1603 |
| 2089 | -1814 | -1642 |
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