Proposed Provision: C1.4. Increase the normal retirement age (NRA) 2 months per year for those age 62 starting in 2027 and ending in 2038 (NRA reaches 69 for those age 62 in 2038). Thereafter, increase the NRA 1 month every 2 years.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2026 | 151 | 151 |
| 2027 | 131 | 131 |
| 2028 | 111 | 111 |
| 2029 | 92 | 93 |
| 2030 | 74 | 75 |
| 2031 | 57 | 58 |
| 2032 | 40 | 42 |
| 2033 | 23 | 26 |
| 2034 | 7 | 11 |
| 2035 | -9 | -5 |
| 2036 | -25 | -20 |
| 2037 | -41 | -35 |
| 2038 | -58 | -51 |
| 2039 | -76 | -67 |
| 2040 | -94 | -83 |
| 2041 | -112 | -99 |
| 2042 | -132 | -116 |
| 2043 | -151 | -132 |
| 2044 | -171 | -149 |
| 2045 | -192 | -167 |
| 2046 | -213 | -184 |
| 2047 | -234 | -202 |
| 2048 | -256 | -219 |
| 2049 | -279 | -237 |
| 2050 | -301 | -255 |
| 2051 | -324 | -273 |
| 2052 | -347 | -291 |
| 2053 | -371 | -309 |
| 2054 | -395 | -328 |
| 2055 | -420 | -347 |
| 2056 | -445 | -366 |
| 2057 | -470 | -386 |
| 2058 | -496 | -405 |
| 2059 | -522 | -426 |
| 2060 | -550 | -446 |
| 2061 | -578 | -467 |
| 2062 | -607 | -489 |
| 2063 | -636 | -511 |
| 2064 | -666 | -534 |
| 2065 | -697 | -558 |
| 2066 | -729 | -582 |
| 2067 | -761 | -606 |
| 2068 | -794 | -632 |
| 2069 | -827 | -657 |
| 2070 | -861 | -683 |
| 2071 | -896 | -710 |
| 2072 | -931 | -737 |
| 2073 | -967 | -765 |
| 2074 | -1004 | -793 |
| 2075 | -1042 | -822 |
| 2076 | -1081 | -852 |
| 2077 | -1121 | -883 |
| 2078 | -1162 | -915 |
| 2079 | -1204 | -948 |
| 2080 | -1248 | -981 |
| 2081 | -1292 | -1016 |
| 2082 | -1337 | -1052 |
| 2083 | -1384 | -1088 |
| 2084 | -1431 | -1125 |
| 2085 | -1480 | -1162 |
| 2086 | -1530 | -1200 |
| 2087 | -1581 | -1240 |
| 2088 | -1633 | -1280 |
| 2089 | -1686 | -1322 |
| 2090 | -1740 | -1364 |
| 2091 | -1795 | -1406 |
| 2092 | -1850 | -1450 |
| 2093 | -1906 | -1494 |
| 2094 | -1962 | -1540 |
| 2095 | -2019 | -1585 |
| 2096 | -2075 | -1632 |
| 2097 | -2132 | -1678 |
| 2098 | -2189 | -1723 |
| 2099 | -2246 | -1768 |
| 2100 | -2303 | -1811 |
| 2101 | -2359 | -1853 |
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