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 |
| 2021 | 253 | 253 |
| 2022 | 231 | 231 |
| 2023 | 214 | 214 |
| 2024 | 196 | 196 |
| 2025 | 178 | 179 |
| 2026 | 159 | 161 |
| 2027 | 141 | 143 |
| 2028 | 122 | 125 |
| 2029 | 104 | 107 |
| 2030 | 85 | 88 |
| 2031 | 66 | 70 |
| 2032 | 46 | 52 |
| 2033 | 27 | 34 |
| 2034 | 7 | 15 |
| 2035 | -13 | -3 |
| 2036 | -33 | -22 |
| 2037 | -54 | -40 |
| 2038 | -76 | -59 |
| 2039 | -97 | -78 |
| 2040 | -119 | -97 |
| 2041 | -142 | -116 |
| 2042 | -165 | -135 |
| 2043 | -188 | -155 |
| 2044 | -211 | -174 |
| 2045 | -235 | -193 |
| 2046 | -258 | -213 |
| 2047 | -282 | -232 |
| 2048 | -306 | -251 |
| 2049 | -330 | -270 |
| 2050 | -354 | -289 |
| 2051 | -378 | -308 |
| 2052 | -403 | -326 |
| 2053 | -427 | -345 |
| 2054 | -452 | -364 |
| 2055 | -477 | -382 |
| 2056 | -502 | -401 |
| 2057 | -527 | -419 |
| 2058 | -552 | -438 |
| 2059 | -578 | -456 |
| 2060 | -604 | -475 |
| 2061 | -630 | -493 |
| 2062 | -657 | -512 |
| 2063 | -684 | -531 |
| 2064 | -712 | -550 |
| 2065 | -740 | -570 |
| 2066 | -768 | -589 |
| 2067 | -796 | -609 |
| 2068 | -825 | -629 |
| 2069 | -855 | -650 |
| 2070 | -884 | -671 |
| 2071 | -914 | -693 |
| 2072 | -945 | -715 |
| 2073 | -976 | -737 |
| 2074 | -1007 | -759 |
| 2075 | -1039 | -781 |
| 2076 | -1071 | -804 |
| 2077 | -1105 | -828 |
| 2078 | -1139 | -852 |
| 2079 | -1175 | -877 |
| 2080 | -1211 | -903 |
| 2081 | -1248 | -929 |
| 2082 | -1286 | -956 |
| 2083 | -1324 | -982 |
| 2084 | -1363 | -1010 |
| 2085 | -1403 | -1037 |
| 2086 | -1443 | -1065 |
| 2087 | -1483 | -1094 |
| 2088 | -1524 | -1122 |
| 2089 | -1564 | -1149 |
| 2090 | -1604 | -1176 |
| 2091 | -1643 | -1203 |
| 2092 | -1681 | -1230 |
| 2093 | -1718 | -1257 |
| 2094 | -1754 | -1283 |
| 2095 | -1789 | -1309 |
| 2096 | -1825 | -1336 |
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