Proposed Provision: C1.1. Starting with those age 62 in 2026, increase the normal retirement age (NRA) 1 month every 2 years until the NRA reaches 68.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2025 | 169 | 169 |
2026 | 149 | 149 |
2027 | 131 | 131 |
2028 | 113 | 113 |
2029 | 95 | 96 |
2030 | 78 | 78 |
2031 | 60 | 61 |
2032 | 43 | 44 |
2033 | 26 | 27 |
2034 | 9 | 10 |
2035 | -9 | -8 |
2036 | -27 | -25 |
2037 | -45 | -43 |
2038 | -63 | -61 |
2039 | -83 | -80 |
2040 | -102 | -99 |
2041 | -122 | -119 |
2042 | -143 | -139 |
2043 | -164 | -159 |
2044 | -185 | -179 |
2045 | -206 | -200 |
2046 | -228 | -221 |
2047 | -250 | -242 |
2048 | -272 | -263 |
2049 | -295 | -284 |
2050 | -317 | -306 |
2051 | -340 | -327 |
2052 | -363 | -349 |
2053 | -386 | -370 |
2054 | -409 | -392 |
2055 | -433 | -414 |
2056 | -457 | -436 |
2057 | -481 | -458 |
2058 | -505 | -481 |
2059 | -530 | -504 |
2060 | -556 | -527 |
2061 | -582 | -551 |
2062 | -609 | -575 |
2063 | -636 | -600 |
2064 | -664 | -626 |
2065 | -692 | -651 |
2066 | -721 | -678 |
2067 | -750 | -704 |
2068 | -780 | -731 |
2069 | -810 | -758 |
2070 | -840 | -786 |
2071 | -871 | -814 |
2072 | -903 | -843 |
2073 | -935 | -872 |
2074 | -967 | -901 |
2075 | -1000 | -931 |
2076 | -1035 | -962 |
2077 | -1070 | -994 |
2078 | -1106 | -1026 |
2079 | -1142 | -1060 |
2080 | -1180 | -1094 |
2081 | -1219 | -1129 |
2082 | -1258 | -1164 |
2083 | -1298 | -1200 |
2084 | -1338 | -1237 |
2085 | -1380 | -1275 |
2086 | -1423 | -1313 |
2087 | -1466 | -1353 |
2088 | -1510 | -1392 |
2089 | -1554 | -1432 |
2090 | -1599 | -1473 |
2091 | -1643 | -1513 |
2092 | -1687 | -1553 |
2093 | -1731 | -1593 |
2094 | -1774 | -1632 |
2095 | -1816 | -1670 |
2096 | -1858 | -1708 |
2097 | -1900 | -1745 |
2098 | -1941 | -1783 |
2099 | -1982 | -1819 |
2100 | -2022 | -1856 |
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