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
2025169169
2026149149
2027131131
2028113113
20299596
20307879
20316062
20324344
20332627
2034911
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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