Detailed Single Year Tables
Description of Proposed Provision:
C1.3: 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.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2025 | 15.15 | 12.80 | -2.35 | 169 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.28 | 13.03 | -2.25 | 149 | -0.00 | -0.00 | 0.00 | ||
| 2027 | 15.47 | 13.08 | -2.38 | 131 | -0.01 | -0.00 | 0.01 | ||
| 2028 | 15.57 | 13.11 | -2.46 | 113 | -0.01 | -0.00 | 0.01 | ||
| 2029 | 15.67 | 13.14 | -2.53 | 96 | -0.02 | -0.00 | 0.02 | ||
| 2030 | 15.77 | 13.16 | -2.62 | 78 | -0.03 | -0.00 | 0.02 | ||
| 2031 | 15.88 | 13.18 | -2.70 | 61 | -0.03 | -0.00 | 0.03 | ||
| 2032 | 15.97 | 13.20 | -2.76 | 44 | -0.04 | -0.00 | 0.04 | ||
| 2033 | 16.03 | 13.24 | -2.79 | 27 | -0.04 | -0.00 | 0.04 | ||
| 2034 | 16.09 | 13.26 | -2.83 | 10 | -0.05 | -0.00 | 0.05 | ||
| 2035 | 16.16 | 13.27 | -2.89 | — | -0.07 | -0.00 | 0.06 | ||
| 2036 | 16.25 | 13.28 | -2.97 | — | -0.07 | -0.00 | 0.07 | ||
| 2037 | 16.33 | 13.29 | -3.04 | — | -0.09 | -0.00 | 0.08 | ||
| 2038 | 16.38 | 13.30 | -3.09 | — | -0.10 | -0.00 | 0.10 | ||
| 2039 | 16.43 | 13.30 | -3.12 | — | -0.12 | -0.00 | 0.12 | ||
| 2040 | 16.46 | 13.31 | -3.15 | — | -0.14 | -0.01 | 0.14 | ||
| 2041 | 16.48 | 13.31 | -3.17 | — | -0.17 | -0.01 | 0.16 | ||
| 2042 | 16.49 | 13.32 | -3.17 | — | -0.19 | -0.01 | 0.18 | ||
| 2043 | 16.50 | 13.32 | -3.18 | — | -0.21 | -0.01 | 0.20 | ||
| 2044 | 16.51 | 13.32 | -3.19 | — | -0.23 | -0.01 | 0.22 | ||
| 2045 | 16.52 | 13.32 | -3.19 | — | -0.26 | -0.01 | 0.25 | ||
| 2046 | 16.52 | 13.33 | -3.19 | — | -0.28 | -0.01 | 0.27 | ||
| 2047 | 16.53 | 13.33 | -3.20 | — | -0.31 | -0.01 | 0.29 | ||
| 2048 | 16.54 | 13.33 | -3.21 | — | -0.33 | -0.01 | 0.32 | ||
| 2049 | 16.56 | 13.34 | -3.23 | — | -0.36 | -0.02 | 0.35 | ||
| 2050 | 16.58 | 13.34 | -3.24 | — | -0.39 | -0.02 | 0.37 | ||
| 2051 | 16.60 | 13.34 | -3.26 | — | -0.42 | -0.02 | 0.40 | ||
| 2052 | 16.63 | 13.35 | -3.28 | — | -0.45 | -0.02 | 0.43 | ||
| 2053 | 16.66 | 13.35 | -3.31 | — | -0.48 | -0.02 | 0.46 | ||
| 2054 | 16.70 | 13.35 | -3.35 | — | -0.52 | -0.02 | 0.49 | ||
| 2055 | 16.75 | 13.36 | -3.39 | — | -0.55 | -0.03 | 0.52 | ||
| 2056 | 16.80 | 13.36 | -3.43 | — | -0.59 | -0.03 | 0.56 | ||
| 2057 | 16.85 | 13.37 | -3.48 | — | -0.63 | -0.03 | 0.60 | ||
| 2058 | 16.91 | 13.38 | -3.54 | — | -0.66 | -0.03 | 0.63 | ||
| 2059 | 16.97 | 13.38 | -3.59 | — | -0.69 | -0.03 | 0.66 | ||
| 2060 | 17.02 | 13.39 | -3.63 | — | -0.72 | -0.04 | 0.69 | ||
| 2061 | 17.07 | 13.39 | -3.68 | — | -0.75 | -0.04 | 0.71 | ||
| 2062 | 17.12 | 13.40 | -3.72 | — | -0.78 | -0.04 | 0.74 | ||
| 2063 | 17.16 | 13.40 | -3.76 | — | -0.81 | -0.04 | 0.76 | ||
| 2064 | 17.19 | 13.40 | -3.79 | — | -0.84 | -0.04 | 0.79 | ||
| 2065 | 17.23 | 13.41 | -3.82 | — | -0.87 | -0.05 | 0.83 | ||
| 2066 | 17.26 | 13.41 | -3.85 | — | -0.91 | -0.05 | 0.86 | ||
| 2067 | 17.30 | 13.42 | -3.88 | — | -0.94 | -0.05 | 0.89 | ||
| 2068 | 17.33 | 13.42 | -3.91 | — | -0.98 | -0.05 | 0.93 | ||
| 2069 | 17.37 | 13.42 | -3.94 | — | -1.01 | -0.05 | 0.96 | ||
| 2070 | 17.41 | 13.43 | -3.98 | — | -1.05 | -0.06 | 1.00 | ||
| 2071 | 17.44 | 13.43 | -4.01 | — | -1.09 | -0.06 | 1.03 | ||
| 2072 | 17.48 | 13.44 | -4.04 | — | -1.12 | -0.06 | 1.07 | ||
| 2073 | 17.51 | 13.44 | -4.07 | — | -1.16 | -0.06 | 1.10 | ||
| 2074 | 17.55 | 13.44 | -4.11 | — | -1.19 | -0.06 | 1.13 | ||
| 2075 | 17.58 | 13.45 | -4.13 | — | -1.22 | -0.07 | 1.16 | ||
| 2076 | 17.60 | 13.45 | -4.15 | — | -1.25 | -0.07 | 1.18 | ||
| 2077 | 17.62 | 13.45 | -4.17 | — | -1.28 | -0.07 | 1.21 | ||
| 2078 | 17.62 | 13.45 | -4.17 | — | -1.30 | -0.07 | 1.23 | ||
| 2079 | 17.61 | 13.45 | -4.16 | — | -1.33 | -0.07 | 1.26 | ||
| 2080 | 17.60 | 13.45 | -4.14 | — | -1.36 | -0.07 | 1.29 | ||
| 2081 | 17.56 | 13.45 | -4.11 | — | -1.40 | -0.08 | 1.32 | ||
| 2082 | 17.52 | 13.45 | -4.07 | — | -1.43 | -0.08 | 1.35 | ||
| 2083 | 17.48 | 13.45 | -4.03 | — | -1.45 | -0.08 | 1.37 | ||
| 2084 | 17.43 | 13.45 | -3.99 | — | -1.47 | -0.08 | 1.39 | ||
| 2085 | 17.38 | 13.44 | -3.93 | — | -1.49 | -0.08 | 1.41 | ||
| 2086 | 17.32 | 13.44 | -3.88 | — | -1.50 | -0.08 | 1.42 | ||
| 2087 | 17.25 | 13.44 | -3.81 | — | -1.52 | -0.08 | 1.43 | ||
| 2088 | 17.17 | 13.43 | -3.74 | — | -1.54 | -0.09 | 1.45 | ||
| 2089 | 17.08 | 13.43 | -3.66 | — | -1.56 | -0.09 | 1.47 | ||
| 2090 | 16.99 | 13.42 | -3.57 | — | -1.58 | -0.09 | 1.50 | ||
| 2091 | 16.91 | 13.42 | -3.50 | — | -1.61 | -0.09 | 1.52 | ||
| 2092 | 16.83 | 13.41 | -3.42 | — | -1.63 | -0.09 | 1.54 | ||
| 2093 | 16.76 | 13.41 | -3.35 | — | -1.67 | -0.09 | 1.57 | ||
| 2094 | 16.68 | 13.40 | -3.28 | — | -1.70 | -0.09 | 1.61 | ||
| 2095 | 16.62 | 13.40 | -3.22 | — | -1.74 | -0.10 | 1.64 | ||
| 2096 | 16.55 | 13.40 | -3.15 | — | -1.79 | -0.10 | 1.69 | ||
| 2097 | 16.49 | 13.39 | -3.10 | — | -1.84 | -0.10 | 1.74 | ||
| 2098 | 16.46 | 13.39 | -3.06 | — | -1.87 | -0.10 | 1.77 | ||
| 2099 | 16.44 | 13.39 | -3.05 | — | -1.90 | -0.10 | 1.80 | ||
| 2100 | 16.43 | 13.39 | -3.04 | — | -1.92 | -0.11 | 1.82 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2025-2099 | 16.88% | 13.75% | -3.13% | 2034 | -0.73% | -0.04% | 0.69% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2025 Trustees Report.