Proposed Provision: C1.7. Increase the normal retirement age (NRA) 3 months per year for those age 62 starting in 2026 and ending in 2033 (NRA reaches 69 for those age 62 in 2033). Increase the age up to which delayed retirement credits may be earned from 70 to 72 on the same schedule. Increase the widow(er) NRA in the same manner. The earliest eligibility age (EEA) for worker's and widow(er)'s benefit is unchanged.

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

Year Current Law Provision
2025169169
2026149150
2027131131
2028113114
20299597
20307880
20316063
20324347
20332631
2034914
2035-9-1
2036-27-18
2037-45-34
2038-63-50
2039-83-66
2040-102-83
2041-122-100
2042-143-116
2043-164-133
2044-185-151
2045-206-168
2046-228-185
2047-250-202
2048-272-220
2049-295-237
2050-317-255
2051-340-272
2052-363-290
2053-386-307
2054-409-325
2055-433-343
2056-457-361
2057-481-379
2058-505-397
2059-530-416
2060-556-435
2061-582-455
2062-609-475
2063-636-496
2064-664-517
2065-692-538
2066-721-560
2067-750-583
2068-780-606
2069-810-629
2070-840-653
2071-871-677
2072-903-702
2073-935-727
2074-967-752
2075-1000-778
2076-1035-804
2077-1070-832
2078-1106-860
2079-1142-889
2080-1180-918
2081-1219-949
2082-1258-980
2083-1298-1011
2084-1338-1043
2085-1380-1076
2086-1423-1109
2087-1466-1143
2088-1510-1178
2089-1554-1213
2090-1599-1248
2091-1643-1283
2092-1687-1318
2093-1731-1352
2094-1774-1386
2095-1816-1420
2096-1858-1453
2097-1900-1485
2098-1941-1518
2099-1982-1550
2100-2022-1581
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