Proposed Provision: C2.2. 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 2019.
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 | 240 |
| 2022 | 223 | 223 |
| 2023 | 206 | 207 |
| 2024 | 188 | 190 |
| 2025 | 171 | 173 |
| 2026 | 154 | 156 |
| 2027 | 137 | 140 |
| 2028 | 120 | 124 |
| 2029 | 104 | 107 |
| 2030 | 86 | 91 |
| 2031 | 69 | 74 |
| 2032 | 51 | 57 |
| 2033 | 33 | 39 |
| 2034 | 14 | 21 |
| 2035 | -5 | 2 |
| 2036 | -25 | -17 |
| 2037 | -46 | -36 |
| 2038 | -67 | -56 |
| 2039 | -88 | -77 |
| 2040 | -110 | -97 |
| 2041 | -132 | -118 |
| 2042 | -154 | -139 |
| 2043 | -176 | -161 |
| 2044 | -199 | -182 |
| 2045 | -221 | -203 |
| 2046 | -244 | -224 |
| 2047 | -267 | -245 |
| 2048 | -289 | -266 |
| 2049 | -312 | -287 |
| 2050 | -335 | -308 |
| 2051 | -358 | -329 |
| 2052 | -381 | -350 |
| 2053 | -403 | -371 |
| 2054 | -426 | -392 |
| 2055 | -450 | -413 |
| 2056 | -473 | -433 |
| 2057 | -496 | -454 |
| 2058 | -520 | -475 |
| 2059 | -544 | -496 |
| 2060 | -569 | -518 |
| 2061 | -594 | -540 |
| 2062 | -619 | -562 |
| 2063 | -645 | -585 |
| 2064 | -671 | -608 |
| 2065 | -698 | -632 |
| 2066 | -725 | -656 |
| 2067 | -752 | -680 |
| 2068 | -780 | -704 |
| 2069 | -808 | -729 |
| 2070 | -837 | -753 |
| 2071 | -866 | -778 |
| 2072 | -896 | -804 |
| 2073 | -927 | -831 |
| 2074 | -958 | -857 |
| 2075 | -990 | -885 |
| 2076 | -1023 | -913 |
| 2077 | -1057 | -942 |
| 2078 | -1092 | -973 |
| 2079 | -1128 | -1004 |
| 2080 | -1165 | -1036 |
| 2081 | -1202 | -1069 |
| 2082 | -1240 | -1102 |
| 2083 | -1278 | -1135 |
| 2084 | -1316 | -1168 |
| 2085 | -1354 | -1200 |
| 2086 | -1392 | -1232 |
| 2087 | -1430 | -1264 |
| 2088 | -1468 | -1295 |
| 2089 | -1505 | -1326 |
| 2090 | -1543 | -1357 |
| 2091 | -1580 | -1388 |
| 2092 | -1618 | -1420 |
| 2093 | -1655 | -1452 |
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