Proposed Provision: C1.2. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until the NRA reaches 68.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2018 | 288 | 288 |
| 2019 | 272 | 272 |
| 2020 | 256 | 256 |
| 2021 | 239 | 239 |
| 2022 | 223 | 223 |
| 2023 | 206 | 206 |
| 2024 | 188 | 189 |
| 2025 | 171 | 172 |
| 2026 | 154 | 155 |
| 2027 | 137 | 139 |
| 2028 | 120 | 123 |
| 2029 | 104 | 107 |
| 2030 | 86 | 90 |
| 2031 | 69 | 74 |
| 2032 | 51 | 57 |
| 2033 | 33 | 40 |
| 2034 | 14 | 23 |
| 2035 | -5 | 5 |
| 2036 | -25 | -13 |
| 2037 | -46 | -32 |
| 2038 | -67 | -51 |
| 2039 | -88 | -71 |
| 2040 | -110 | -90 |
| 2041 | -132 | -110 |
| 2042 | -154 | -130 |
| 2043 | -176 | -150 |
| 2044 | -199 | -170 |
| 2045 | -221 | -190 |
| 2046 | -244 | -210 |
| 2047 | -267 | -230 |
| 2048 | -289 | -250 |
| 2049 | -312 | -270 |
| 2050 | -335 | -290 |
| 2051 | -358 | -310 |
| 2052 | -381 | -329 |
| 2053 | -403 | -349 |
| 2054 | -426 | -369 |
| 2055 | -450 | -389 |
| 2056 | -473 | -408 |
| 2057 | -496 | -428 |
| 2058 | -520 | -449 |
| 2059 | -544 | -469 |
| 2060 | -569 | -490 |
| 2061 | -594 | -511 |
| 2062 | -619 | -533 |
| 2063 | -645 | -555 |
| 2064 | -671 | -577 |
| 2065 | -698 | -600 |
| 2066 | -725 | -623 |
| 2067 | -752 | -647 |
| 2068 | -780 | -671 |
| 2069 | -808 | -695 |
| 2070 | -837 | -720 |
| 2071 | -866 | -745 |
| 2072 | -896 | -771 |
| 2073 | -927 | -798 |
| 2074 | -958 | -825 |
| 2075 | -990 | -853 |
| 2076 | -1023 | -881 |
| 2077 | -1057 | -911 |
| 2078 | -1092 | -941 |
| 2079 | -1128 | -972 |
| 2080 | -1165 | -1004 |
| 2081 | -1202 | -1036 |
| 2082 | -1240 | -1069 |
| 2083 | -1278 | -1102 |
| 2084 | -1316 | -1136 |
| 2085 | -1354 | -1169 |
| 2086 | -1392 | -1202 |
| 2087 | -1430 | -1235 |
| 2088 | -1468 | -1268 |
| 2089 | -1505 | -1301 |
| 2090 | -1543 | -1334 |
| 2091 | -1580 | -1367 |
| 2092 | -1618 | -1400 |
| 2093 | -1655 | -1433 |
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