## Summary Measures and Graphs

__Description of Proposed Provision__:

C2.6: Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2023-2024 to 68 and 63, respectively, and then by 3 months per year in 2025-2028 to 69 and 64, respectively.

__Description of Proposed Provision__:

C2.6: Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2023-2024 to 68 and 63, respectively, and then by 3 months per year in 2025-2028 to 69 and 64, respectively.

*Estimates based on the intermediate assumptions of the 2022 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 |
||

-3.42 | -4.25 | 0.92 | 1.07 | 27% | 25% |