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 |
| 2019 | 273 | 273 |
| 2020 | 260 | 260 |
| 2021 | 245 | 245 |
| 2022 | 229 | 229 |
| 2023 | 213 | 214 |
| 2024 | 197 | 198 |
| 2025 | 180 | 181 |
| 2026 | 163 | 165 |
| 2027 | 147 | 149 |
| 2028 | 130 | 133 |
| 2029 | 114 | 118 |
| 2030 | 97 | 102 |
| 2031 | 80 | 86 |
| 2032 | 63 | 70 |
| 2033 | 46 | 54 |
| 2034 | 28 | 38 |
| 2035 | 10 | 22 |
| 2036 | -9 | 6 |
| 2037 | -28 | -11 |
| 2038 | -47 | -28 |
| 2039 | -67 | -44 |
| 2040 | -87 | -61 |
| 2041 | -108 | -78 |
| 2042 | -129 | -95 |
| 2043 | -150 | -112 |
| 2044 | -171 | -129 |
| 2045 | -192 | -145 |
| 2046 | -213 | -161 |
| 2047 | -234 | -177 |
| 2048 | -255 | -193 |
| 2049 | -276 | -208 |
| 2050 | -297 | -223 |
| 2051 | -318 | -238 |
| 2052 | -338 | -252 |
| 2053 | -359 | -267 |
| 2054 | -380 | -281 |
| 2055 | -401 | -295 |
| 2056 | -422 | -309 |
| 2057 | -444 | -323 |
| 2058 | -465 | -336 |
| 2059 | -487 | -350 |
| 2060 | -509 | -364 |
| 2061 | -531 | -378 |
| 2062 | -554 | -392 |
| 2063 | -577 | -406 |
| 2064 | -601 | -421 |
| 2065 | -625 | -436 |
| 2066 | -649 | -450 |
| 2067 | -674 | -466 |
| 2068 | -699 | -481 |
| 2069 | -724 | -497 |
| 2070 | -749 | -514 |
| 2071 | -776 | -531 |
| 2072 | -802 | -548 |
| 2073 | -830 | -565 |
| 2074 | -857 | -583 |
| 2075 | -885 | -601 |
| 2076 | -914 | -619 |
| 2077 | -944 | -638 |
| 2078 | -975 | -657 |
| 2079 | -1007 | -678 |
| 2080 | -1039 | -698 |
| 2081 | -1072 | -719 |
| 2082 | -1106 | -740 |
| 2083 | -1139 | -760 |
| 2084 | -1173 | -782 |
| 2085 | -1207 | -804 |
| 2086 | -1242 | -826 |
| 2087 | -1275 | -848 |
| 2088 | -1309 | -869 |
| 2089 | -1342 | -890 |
| 2090 | -1375 | -910 |
| 2091 | -1407 | -930 |
| 2092 | -1439 | -950 |
| 2093 | -1471 | -969 |
| 2094 | -1503 | -989 |
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