Proposed Provision: C1.4. Increase the normal retirement age (NRA) 2 months per year for those age 62 starting in 2026 and ending in 2037 (NRA reaches 69 for those age 62 in 2037). Thereafter, increase the NRA 1 month every 2 years.
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 | 114 |
| 2029 | 95 | 96 |
| 2030 | 78 | 79 |
| 2031 | 60 | 62 |
| 2032 | 43 | 45 |
| 2033 | 26 | 29 |
| 2034 | 9 | 12 |
| 2035 | -9 | -4 |
| 2036 | -27 | -21 |
| 2037 | -45 | -38 |
| 2038 | -63 | -55 |
| 2039 | -83 | -72 |
| 2040 | -102 | -90 |
| 2041 | -122 | -108 |
| 2042 | -143 | -126 |
| 2043 | -164 | -144 |
| 2044 | -185 | -162 |
| 2045 | -206 | -179 |
| 2046 | -228 | -197 |
| 2047 | -250 | -215 |
| 2048 | -272 | -233 |
| 2049 | -295 | -251 |
| 2050 | -317 | -268 |
| 2051 | -340 | -286 |
| 2052 | -363 | -304 |
| 2053 | -386 | -321 |
| 2054 | -409 | -339 |
| 2055 | -433 | -357 |
| 2056 | -457 | -374 |
| 2057 | -481 | -392 |
| 2058 | -505 | -410 |
| 2059 | -530 | -428 |
| 2060 | -556 | -447 |
| 2061 | -582 | -466 |
| 2062 | -609 | -485 |
| 2063 | -636 | -505 |
| 2064 | -664 | -525 |
| 2065 | -692 | -545 |
| 2066 | -721 | -566 |
| 2067 | -750 | -587 |
| 2068 | -780 | -608 |
| 2069 | -810 | -630 |
| 2070 | -840 | -652 |
| 2071 | -871 | -675 |
| 2072 | -903 | -697 |
| 2073 | -935 | -721 |
| 2074 | -967 | -744 |
| 2075 | -1000 | -768 |
| 2076 | -1035 | -793 |
| 2077 | -1070 | -818 |
| 2078 | -1106 | -844 |
| 2079 | -1142 | -870 |
| 2080 | -1180 | -898 |
| 2081 | -1219 | -926 |
| 2082 | -1258 | -954 |
| 2083 | -1298 | -983 |
| 2084 | -1338 | -1012 |
| 2085 | -1380 | -1042 |
| 2086 | -1423 | -1073 |
| 2087 | -1466 | -1104 |
| 2088 | -1510 | -1135 |
| 2089 | -1554 | -1167 |
| 2090 | -1599 | -1198 |
| 2091 | -1643 | -1230 |
| 2092 | -1687 | -1262 |
| 2093 | -1731 | -1294 |
| 2094 | -1774 | -1326 |
| 2095 | -1816 | -1358 |
| 2096 | -1858 | -1390 |
| 2097 | -1900 | -1421 |
| 2098 | -1941 | -1451 |
| 2099 | -1982 | -1479 |
| 2100 | -2022 | -1506 |
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