Detailed Single Year Tables
Description of Proposed Provision:
C2.2: Starting for those age 62 in 2027, 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 2027.
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 |
|||
| 2026 | 15.37 | 12.91 | -2.45 | 151 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.61 | 12.85 | -2.76 | 131 | -0.01 | 0.00 | 0.01 | ||
| 2028 | 15.68 | 13.01 | -2.67 | 111 | -0.02 | 0.00 | 0.02 | ||
| 2029 | 15.71 | 13.06 | -2.65 | 93 | -0.03 | 0.00 | 0.03 | ||
| 2030 | 15.70 | 13.07 | -2.63 | 75 | -0.04 | 0.00 | 0.04 | ||
| 2031 | 15.67 | 13.09 | -2.59 | 58 | -0.05 | 0.00 | 0.05 | ||
| 2032 | 15.66 | 13.09 | -2.57 | 41 | -0.06 | 0.00 | 0.06 | ||
| 2033 | 15.65 | 13.13 | -2.52 | 25 | -0.07 | 0.00 | 0.07 | ||
| 2034 | 15.66 | 13.14 | -2.52 | 9 | -0.08 | 0.00 | 0.08 | ||
| 2035 | 15.68 | 13.17 | -2.52 | — | -0.09 | 0.00 | 0.09 | ||
| 2036 | 15.76 | 13.17 | -2.59 | — | -0.09 | 0.00 | 0.10 | ||
| 2037 | 15.85 | 13.18 | -2.67 | — | -0.11 | 0.00 | 0.11 | ||
| 2038 | 15.92 | 13.19 | -2.74 | — | -0.12 | 0.00 | 0.12 | ||
| 2039 | 15.99 | 13.19 | -2.80 | — | -0.14 | 0.00 | 0.14 | ||
| 2040 | 16.04 | 13.20 | -2.84 | — | -0.16 | 0.00 | 0.16 | ||
| 2041 | 16.10 | 13.20 | -2.89 | — | -0.18 | 0.00 | 0.18 | ||
| 2042 | 16.15 | 13.21 | -2.94 | — | -0.20 | 0.00 | 0.20 | ||
| 2043 | 16.20 | 13.21 | -2.98 | — | -0.22 | 0.00 | 0.22 | ||
| 2044 | 16.26 | 13.22 | -3.04 | — | -0.24 | 0.00 | 0.24 | ||
| 2045 | 16.32 | 13.22 | -3.09 | — | -0.26 | 0.00 | 0.26 | ||
| 2046 | 16.35 | 13.23 | -3.13 | — | -0.28 | 0.00 | 0.28 | ||
| 2047 | 16.39 | 13.23 | -3.16 | — | -0.31 | -0.00 | 0.31 | ||
| 2048 | 16.44 | 13.24 | -3.20 | — | -0.33 | -0.00 | 0.33 | ||
| 2049 | 16.49 | 13.24 | -3.25 | — | -0.36 | -0.00 | 0.36 | ||
| 2050 | 16.54 | 13.25 | -3.30 | — | -0.39 | -0.00 | 0.39 | ||
| 2051 | 16.61 | 13.25 | -3.35 | — | -0.41 | -0.00 | 0.41 | ||
| 2052 | 16.68 | 13.26 | -3.43 | — | -0.44 | -0.00 | 0.44 | ||
| 2053 | 16.76 | 13.26 | -3.50 | — | -0.47 | -0.00 | 0.47 | ||
| 2054 | 16.85 | 13.27 | -3.58 | — | -0.50 | -0.00 | 0.50 | ||
| 2055 | 16.94 | 13.28 | -3.67 | — | -0.53 | -0.00 | 0.53 | ||
| 2056 | 17.04 | 13.29 | -3.75 | — | -0.57 | -0.00 | 0.56 | ||
| 2057 | 17.14 | 13.29 | -3.85 | — | -0.60 | -0.00 | 0.60 | ||
| 2058 | 17.24 | 13.30 | -3.94 | — | -0.63 | -0.01 | 0.63 | ||
| 2059 | 17.35 | 13.31 | -4.04 | — | -0.67 | -0.01 | 0.66 | ||
| 2060 | 17.45 | 13.32 | -4.13 | — | -0.70 | -0.01 | 0.69 | ||
| 2061 | 17.55 | 13.32 | -4.22 | — | -0.73 | -0.01 | 0.72 | ||
| 2062 | 17.64 | 13.33 | -4.31 | — | -0.76 | -0.01 | 0.75 | ||
| 2063 | 17.73 | 13.34 | -4.39 | — | -0.79 | -0.01 | 0.78 | ||
| 2064 | 17.81 | 13.35 | -4.47 | — | -0.82 | -0.01 | 0.81 | ||
| 2065 | 17.90 | 13.35 | -4.54 | — | -0.85 | -0.01 | 0.84 | ||
| 2066 | 17.98 | 13.36 | -4.62 | — | -0.88 | -0.01 | 0.87 | ||
| 2067 | 18.07 | 13.37 | -4.70 | — | -0.91 | -0.01 | 0.90 | ||
| 2068 | 18.15 | 13.37 | -4.78 | — | -0.94 | -0.01 | 0.93 | ||
| 2069 | 18.24 | 13.38 | -4.86 | — | -0.97 | -0.01 | 0.96 | ||
| 2070 | 18.32 | 13.39 | -4.94 | — | -1.00 | -0.01 | 0.99 | ||
| 2071 | 18.41 | 13.39 | -5.01 | — | -1.04 | -0.01 | 1.03 | ||
| 2072 | 18.49 | 13.40 | -5.09 | — | -1.07 | -0.01 | 1.06 | ||
| 2073 | 18.58 | 13.41 | -5.17 | — | -1.10 | -0.01 | 1.09 | ||
| 2074 | 18.66 | 13.42 | -5.25 | — | -1.13 | -0.01 | 1.12 | ||
| 2075 | 18.74 | 13.42 | -5.32 | — | -1.16 | -0.01 | 1.14 | ||
| 2076 | 18.82 | 13.43 | -5.39 | — | -1.18 | -0.01 | 1.17 | ||
| 2077 | 18.88 | 13.43 | -5.45 | — | -1.20 | -0.01 | 1.19 | ||
| 2078 | 18.94 | 13.44 | -5.50 | — | -1.22 | -0.01 | 1.21 | ||
| 2079 | 18.98 | 13.44 | -5.54 | — | -1.25 | -0.01 | 1.23 | ||
| 2080 | 19.02 | 13.45 | -5.57 | — | -1.27 | -0.01 | 1.25 | ||
| 2081 | 19.05 | 13.45 | -5.60 | — | -1.30 | -0.02 | 1.28 | ||
| 2082 | 19.06 | 13.45 | -5.61 | — | -1.32 | -0.02 | 1.30 | ||
| 2083 | 19.08 | 13.45 | -5.62 | — | -1.34 | -0.02 | 1.32 | ||
| 2084 | 19.08 | 13.46 | -5.63 | — | -1.36 | -0.02 | 1.34 | ||
| 2085 | 19.07 | 13.46 | -5.61 | — | -1.38 | -0.02 | 1.36 | ||
| 2086 | 19.05 | 13.46 | -5.59 | — | -1.40 | -0.02 | 1.38 | ||
| 2087 | 19.02 | 13.46 | -5.57 | — | -1.42 | -0.02 | 1.40 | ||
| 2088 | 18.98 | 13.45 | -5.53 | — | -1.43 | -0.02 | 1.41 | ||
| 2089 | 18.94 | 13.45 | -5.48 | — | -1.45 | -0.02 | 1.43 | ||
| 2090 | 18.88 | 13.45 | -5.43 | — | -1.47 | -0.02 | 1.45 | ||
| 2091 | 18.84 | 13.45 | -5.39 | — | -1.47 | -0.02 | 1.45 | ||
| 2092 | 18.78 | 13.45 | -5.34 | — | -1.49 | -0.02 | 1.47 | ||
| 2093 | 18.72 | 13.44 | -5.28 | — | -1.51 | -0.02 | 1.49 | ||
| 2094 | 18.66 | 13.44 | -5.21 | — | -1.53 | -0.02 | 1.51 | ||
| 2095 | 18.59 | 13.44 | -5.15 | — | -1.56 | -0.02 | 1.54 | ||
| 2096 | 18.51 | 13.44 | -5.08 | — | -1.60 | -0.02 | 1.58 | ||
| 2097 | 18.45 | 13.43 | -5.02 | — | -1.63 | -0.02 | 1.61 | ||
| 2098 | 18.40 | 13.43 | -4.96 | — | -1.66 | -0.02 | 1.64 | ||
| 2099 | 18.36 | 13.43 | -4.92 | — | -1.68 | -0.02 | 1.66 | ||
| 2100 | 18.33 | 13.43 | -4.90 | — | -1.69 | -0.02 | 1.67 | ||
| 2101 | 18.32 | 13.43 | -4.89 | — | -1.70 | -0.02 | 1.68 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2026-2100 | 17.41% | 13.67% | -3.74% | 2034 | -0.69% | -0.01% | 0.68% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2026 Trustees Report.