Proposed Provision: C1.4. 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 |
Current Law |
Provision |
| 2017 | 298 | 298 |
| 2018 | 287 | 287 |
| 2019 | 273 | 273 |
| 2020 | 259 | 259 |
| 2021 | 245 | 245 |
| 2022 | 230 | 230 |
| 2023 | 215 | 215 |
| 2024 | 199 | 199 |
| 2025 | 182 | 183 |
| 2026 | 165 | 167 |
| 2027 | 148 | 150 |
| 2028 | 130 | 133 |
| 2029 | 112 | 115 |
| 2030 | 94 | 98 |
| 2031 | 75 | 80 |
| 2032 | 56 | 63 |
| 2033 | 37 | 45 |
| 2034 | 16 | 26 |
| 2035 | -4 | 7 |
| 2036 | -26 | -12 |
| 2037 | -47 | -31 |
| 2038 | -70 | -50 |
| 2039 | -92 | -70 |
| 2040 | -115 | -89 |
| 2041 | -138 | -109 |
| 2042 | -161 | -128 |
| 2043 | -184 | -147 |
| 2044 | -207 | -165 |
| 2045 | -230 | -184 |
| 2046 | -253 | -202 |
| 2047 | -276 | -220 |
| 2048 | -300 | -238 |
| 2049 | -323 | -255 |
| 2050 | -346 | -273 |
| 2051 | -370 | -290 |
| 2052 | -393 | -307 |
| 2053 | -417 | -323 |
| 2054 | -440 | -340 |
| 2055 | -464 | -356 |
| 2056 | -487 | -373 |
| 2057 | -511 | -389 |
| 2058 | -536 | -405 |
| 2059 | -560 | -421 |
| 2060 | -585 | -438 |
| 2061 | -611 | -454 |
| 2062 | -637 | -471 |
| 2063 | -663 | -488 |
| 2064 | -690 | -506 |
| 2065 | -717 | -523 |
| 2066 | -745 | -541 |
| 2067 | -772 | -559 |
| 2068 | -801 | -577 |
| 2069 | -829 | -596 |
| 2070 | -858 | -615 |
| 2071 | -888 | -635 |
| 2072 | -918 | -655 |
| 2073 | -949 | -675 |
| 2074 | -981 | -696 |
| 2075 | -1014 | -717 |
| 2076 | -1047 | -739 |
| 2077 | -1082 | -761 |
| 2078 | -1117 | -784 |
| 2079 | -1153 | -808 |
| 2080 | -1190 | -832 |
| 2081 | -1227 | -856 |
| 2082 | -1264 | -880 |
| 2083 | -1300 | -905 |
| 2084 | -1337 | -929 |
| 2085 | -1374 | -953 |
| 2086 | -1410 | -978 |
| 2087 | -1446 | -1001 |
| 2088 | -1483 | -1025 |
| 2089 | -1520 | -1048 |
| 2090 | -1557 | -1072 |
| 2091 | -1595 | -1096 |
| 2092 | -1633 | -1122 |
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