Proposed Provision: C2.7. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2020 by 3 months per year until EEA reaches 64 in 2027 and NRA reaches 69 in 2029.
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 | 230 |
| 2023 | 213 | 214 |
| 2024 | 197 | 198 |
| 2025 | 180 | 183 |
| 2026 | 163 | 167 |
| 2027 | 147 | 152 |
| 2028 | 130 | 137 |
| 2029 | 114 | 122 |
| 2030 | 97 | 108 |
| 2031 | 80 | 94 |
| 2032 | 63 | 79 |
| 2033 | 46 | 65 |
| 2034 | 28 | 50 |
| 2035 | 10 | 35 |
| 2036 | -9 | 20 |
| 2037 | -28 | 5 |
| 2038 | -47 | -11 |
| 2039 | -67 | -27 |
| 2040 | -87 | -44 |
| 2041 | -108 | -60 |
| 2042 | -129 | -77 |
| 2043 | -150 | -93 |
| 2044 | -171 | -110 |
| 2045 | -192 | -126 |
| 2046 | -213 | -143 |
| 2047 | -234 | -159 |
| 2048 | -255 | -175 |
| 2049 | -276 | -191 |
| 2050 | -297 | -207 |
| 2051 | -318 | -222 |
| 2052 | -338 | -238 |
| 2053 | -359 | -253 |
| 2054 | -380 | -268 |
| 2055 | -401 | -284 |
| 2056 | -422 | -299 |
| 2057 | -444 | -314 |
| 2058 | -465 | -330 |
| 2059 | -487 | -345 |
| 2060 | -509 | -361 |
| 2061 | -531 | -377 |
| 2062 | -554 | -394 |
| 2063 | -577 | -411 |
| 2064 | -601 | -428 |
| 2065 | -625 | -446 |
| 2066 | -649 | -464 |
| 2067 | -674 | -483 |
| 2068 | -699 | -501 |
| 2069 | -724 | -520 |
| 2070 | -749 | -540 |
| 2071 | -776 | -560 |
| 2072 | -802 | -580 |
| 2073 | -830 | -601 |
| 2074 | -857 | -622 |
| 2075 | -885 | -643 |
| 2076 | -914 | -665 |
| 2077 | -944 | -688 |
| 2078 | -975 | -712 |
| 2079 | -1007 | -736 |
| 2080 | -1039 | -761 |
| 2081 | -1072 | -786 |
| 2082 | -1106 | -812 |
| 2083 | -1139 | -838 |
| 2084 | -1173 | -865 |
| 2085 | -1207 | -891 |
| 2086 | -1242 | -918 |
| 2087 | -1275 | -944 |
| 2088 | -1309 | -970 |
| 2089 | -1342 | -996 |
| 2090 | -1375 | -1022 |
| 2091 | -1407 | -1047 |
| 2092 | -1439 | -1072 |
| 2093 | -1471 | -1097 |
| 2094 | -1503 | -1122 |
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