Proposed Provision: C1.2. Increase the normal retirement age (NRA) 2 months per year for those age 62 starting in 2026 and ending in 2031 (NRA reaches 68 for those age 62 in 2031).

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2025169169
2026149149
2027131131
2028113114
20299596
20307879
20316062
20324346
20332629
2034912
2035-9-4
2036-27-21
2037-45-38
2038-63-55
2039-83-73
2040-102-91
2041-122-109
2042-143-128
2043-164-147
2044-185-166
2045-206-186
2046-228-205
2047-250-225
2048-272-245
2049-295-265
2050-317-285
2051-340-305
2052-363-325
2053-386-346
2054-409-366
2055-433-387
2056-457-408
2057-481-429
2058-505-450
2059-530-472
2060-556-495
2061-582-518
2062-609-541
2063-636-565
2064-664-590
2065-692-615
2066-721-640
2067-750-666
2068-780-692
2069-810-719
2070-840-746
2071-871-773
2072-903-802
2073-935-830
2074-967-859
2075-1000-888
2076-1035-919
2077-1070-950
2078-1106-982
2079-1142-1015
2080-1180-1049
2081-1219-1083
2082-1258-1118
2083-1298-1154
2084-1338-1190
2085-1380-1228
2086-1423-1266
2087-1466-1304
2088-1510-1343
2089-1554-1383
2090-1599-1423
2091-1643-1463
2092-1687-1502
2093-1731-1541
2094-1774-1580
2095-1816-1617
2096-1858-1655
2097-1900-1692
2098-1941-1729
2099-1982-1765
2100-2022-1801
back