Proposed Provision: C1.6. Starting with those age 62 in 2027, increase the normal retirement age (NRA) 1 month every 2 years until the NRA reaches 69. Also increase the age up to which the delayed retirement credit may be earned at the same rate (from 70 to 72). No change to earliest eligibility age.

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

Year Current Law Provision
2026151151
2027131131
2028111111
20299292
20307474
20315757
20324040
20332324
203478
2035-9-8
2036-25-24
2037-41-40
2038-58-56
2039-76-74
2040-94-91
2041-112-109
2042-132-128
2043-151-147
2044-171-166
2045-192-186
2046-213-206
2047-234-227
2048-256-248
2049-279-269
2050-301-291
2051-324-312
2052-347-334
2053-371-357
2054-395-379
2055-420-402
2056-445-426
2057-470-450
2058-496-474
2059-522-499
2060-550-524
2061-578-550
2062-607-577
2063-636-604
2064-666-632
2065-697-661
2066-729-690
2067-761-720
2068-794-750
2069-827-781
2070-861-813
2071-896-845
2072-931-878
2073-967-911
2074-1004-945
2075-1042-980
2076-1081-1016
2077-1121-1052
2078-1162-1090
2079-1204-1129
2080-1248-1168
2081-1292-1208
2082-1337-1249
2083-1384-1291
2084-1431-1334
2085-1480-1377
2086-1530-1422
2087-1581-1467
2088-1633-1514
2089-1686-1561
2090-1740-1610
2091-1795-1659
2092-1850-1708
2093-1906-1758
2094-1962-1808
2095-2019-1858
2096-2075-1908
2097-2132-1958
2098-2189-2009
2099-2246-2059
2100-2303-2109
2101-2359-2159
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