## Summary Measures and Graphs

__Description of Proposed Provision__:

C2.7: Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2022 by 3 months per year until EEA reaches 64 in 2029 and NRA reaches 69 in 2030.

__Description of Proposed Provision__:

C2.7: Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2022 by 3 months per year until EEA reaches 64 in 2029 and NRA reaches 69 in 2030.

*Estimates based on the intermediate assumptions of the 2021 Trustees Report*

Summary Measures | |||||||
---|---|---|---|---|---|---|---|

Current law [percent of payroll] |
Change from current law [percent of payroll] |
Shortfall eliminated | |||||

Long-range actuarial balance |
Annual balance in 75th year |
Long-range actuarial balance |
Annual balance in 75th year |
Long-range actuarial balance |
Annual balance in 75th year |
||

-3.54 | -4.34 | 0.83 | 1.06 | 23% | 24% |