Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase both the NRA and the earliest eligibility age (EEA) by 36/47 of a month per year until the NRA and EEA reach 65 and 70 respectively. For each year, the computed EEA and NRA rounds down to the next lower full month.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2014320320
2015306306
2016292292
2017277277
2018262262
2019248248
2020233233
2021219219
2022203203
2023187188
2024171171
2025154155
2026137138
2027119121
2028101103
20298385
20306466
20314447
20322327
203326
2034-20-15
2035-42-36
2036-65-58
2037-88-80
2038-112-103
2039-136-126
2040-160-149
2041-185-172
2042-210-195
2043-235-218
2044-260-242
2045-285-265
2046-310-288
2047-336-312
2048-362-336
2049-388-360
2050-415-384
2051-442-408
2052-468-431
2053-495-455
2054-523-479
2055-550-503
2056-578-527
2057-606-551
2058-635-576
2059-664-601
2060-694-627
2061-725-653
2062-756-679
2063-787-706
2064-819-733
2065-852-761
2066-885-789
2067-918-817
2068-952-845
2069-987-874
2070-1022-903
2071-1057-931
2072-1094-961
2073-1132-992
2074-1171-1025
2075-1210-1058
2076-1251-1092
2077-1293-1127
2078-1335-1162
2079-1378-1196
2080-1421-1231
2081-1464-1265
2082-1507-1300
2083-1550-1334
2084-1593-1368
2085-1636-1402
2086-1680-1436
2087-1724-1470
2088-1769-1505
2089-1814-1541
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