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 |
| 2021 | 253 | 253 |
| 2022 | 231 | 231 |
| 2023 | 214 | 214 |
| 2024 | 196 | 196 |
| 2025 | 178 | 179 |
| 2026 | 159 | 160 |
| 2027 | 141 | 143 |
| 2028 | 122 | 124 |
| 2029 | 104 | 106 |
| 2030 | 85 | 88 |
| 2031 | 66 | 70 |
| 2032 | 46 | 51 |
| 2033 | 27 | 33 |
| 2034 | 7 | 14 |
| 2035 | -13 | -4 |
| 2036 | -33 | -23 |
| 2037 | -54 | -42 |
| 2038 | -76 | -62 |
| 2039 | -97 | -82 |
| 2040 | -119 | -102 |
| 2041 | -142 | -122 |
| 2042 | -165 | -143 |
| 2043 | -188 | -164 |
| 2044 | -211 | -185 |
| 2045 | -235 | -207 |
| 2046 | -258 | -228 |
| 2047 | -282 | -249 |
| 2048 | -306 | -271 |
| 2049 | -330 | -292 |
| 2050 | -354 | -314 |
| 2051 | -378 | -335 |
| 2052 | -403 | -357 |
| 2053 | -427 | -379 |
| 2054 | -452 | -401 |
| 2055 | -477 | -423 |
| 2056 | -502 | -445 |
| 2057 | -527 | -467 |
| 2058 | -552 | -489 |
| 2059 | -578 | -511 |
| 2060 | -604 | -534 |
| 2061 | -630 | -557 |
| 2062 | -657 | -580 |
| 2063 | -684 | -604 |
| 2064 | -712 | -628 |
| 2065 | -740 | -653 |
| 2066 | -768 | -678 |
| 2067 | -796 | -703 |
| 2068 | -825 | -728 |
| 2069 | -855 | -754 |
| 2070 | -884 | -781 |
| 2071 | -914 | -807 |
| 2072 | -945 | -834 |
| 2073 | -976 | -862 |
| 2074 | -1007 | -889 |
| 2075 | -1039 | -918 |
| 2076 | -1071 | -947 |
| 2077 | -1105 | -977 |
| 2078 | -1139 | -1007 |
| 2079 | -1175 | -1039 |
| 2080 | -1211 | -1071 |
| 2081 | -1248 | -1104 |
| 2082 | -1286 | -1138 |
| 2083 | -1324 | -1172 |
| 2084 | -1363 | -1206 |
| 2085 | -1403 | -1241 |
| 2086 | -1443 | -1276 |
| 2087 | -1483 | -1312 |
| 2088 | -1524 | -1348 |
| 2089 | -1564 | -1384 |
| 2090 | -1604 | -1419 |
| 2091 | -1643 | -1454 |
| 2092 | -1681 | -1488 |
| 2093 | -1718 | -1520 |
| 2094 | -1754 | -1553 |
| 2095 | -1789 | -1584 |
| 2096 | -1825 | -1616 |
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