Proposed Provision: C2.2. Starting for those age 62 in 2026, index the normal retirement age (NRA) to maintain a constant ratio of expected retirement years (life expectancy at NRA) to potential work years (NRA minus 20). We assume the NRA will increase 1 month every 2 years. Also, raise the earliest eligibility age (EEA) for retired-workers, aged widow(er)s, and disabled widow(er)s by the same amount as the NRA starting for those attaining 62 in 2026.
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 | 79 |
2031 | 60 | 62 |
2032 | 43 | 44 |
2033 | 26 | 27 |
2034 | 9 | 11 |
2035 | -9 | -6 |
2036 | -27 | -23 |
2037 | -45 | -41 |
2038 | -63 | -59 |
2039 | -83 | -78 |
2040 | -102 | -97 |
2041 | -122 | -116 |
2042 | -143 | -136 |
2043 | -164 | -156 |
2044 | -185 | -176 |
2045 | -206 | -196 |
2046 | -228 | -217 |
2047 | -250 | -238 |
2048 | -272 | -259 |
2049 | -295 | -280 |
2050 | -317 | -301 |
2051 | -340 | -322 |
2052 | -363 | -344 |
2053 | -386 | -365 |
2054 | -409 | -387 |
2055 | -433 | -409 |
2056 | -457 | -431 |
2057 | -481 | -453 |
2058 | -505 | -475 |
2059 | -530 | -498 |
2060 | -556 | -521 |
2061 | -582 | -545 |
2062 | -609 | -569 |
2063 | -636 | -594 |
2064 | -664 | -619 |
2065 | -692 | -645 |
2066 | -721 | -671 |
2067 | -750 | -697 |
2068 | -780 | -724 |
2069 | -810 | -751 |
2070 | -840 | -779 |
2071 | -871 | -806 |
2072 | -903 | -835 |
2073 | -935 | -863 |
2074 | -967 | -892 |
2075 | -1000 | -922 |
2076 | -1035 | -952 |
2077 | -1070 | -983 |
2078 | -1106 | -1015 |
2079 | -1142 | -1048 |
2080 | -1180 | -1081 |
2081 | -1219 | -1115 |
2082 | -1258 | -1150 |
2083 | -1298 | -1186 |
2084 | -1338 | -1221 |
2085 | -1380 | -1258 |
2086 | -1423 | -1295 |
2087 | -1466 | -1333 |
2088 | -1510 | -1372 |
2089 | -1554 | -1411 |
2090 | -1599 | -1450 |
2091 | -1643 | -1490 |
2092 | -1687 | -1529 |
2093 | -1731 | -1568 |
2094 | -1774 | -1607 |
2095 | -1816 | -1645 |
2096 | -1858 | -1684 |
2097 | -1900 | -1721 |
2098 | -1941 | -1757 |
2099 | -1982 | -1792 |
2100 | -2022 | -1826 |
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