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 2026 by 3 months per year until EEA reaches 64 in 2033 and NRA reaches 69 in 2033.
Estimates based on the intermediate assumptions
of the 2025 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 |
||
-3.82 | -4.84 | 0.91 | 1.14 | 24% | 24% |
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