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Detailed Single Year Tables
Retirement Age

Description of Proposed Provision:
Shorten the hiatus in the NRA by 5 years, that is, start increasing the NRA from 66 to 67 for individuals age 62 in 2012, rather than in 2017. Beginning for those age 62 in 2012, increase the EEA and NRA for retired worker benefits by 2 months per year until the EEA reaches age 63 and the NRA reaches age 67 for those attaining age 62 in 2017. Thereafter, increase both EEA and NRA by 1 month every 2 years. Finally, increase the earliest eligibility age for disabled widow(er)s and aged widow(er)s at the same rate as the increase in the EEA for retired worker benefits.

Financial Estimates for the OASDI Trust Fund Program
  Percentage of taxable payroll
Trust fund
ratio as of
January 1
Calendar
year		 Cost
rate		 Income
rate		 Annual
balance		  
200912.3512.830.48 354
201012.5012.870.37 360
201112.3712.870.50 366
201212.2412.870.63 369
201312.3712.900.53 368
201412.5812.920.34 365
201512.7812.940.16 363
201612.9912.96-0.02 360
201713.2212.99-0.24 356
201813.5013.00-0.50 350
201913.8013.02-0.77 343
202014.1013.05-1.06 333
202114.4013.07-1.34 323
202214.6913.08-1.61 311
202314.9713.10-1.87 299
202415.2413.12-2.12 286
202515.4913.14-2.35 272
202615.7313.15-2.58 257
202715.9513.17-2.78 241
202816.1513.19-2.96 224
202916.3013.20-3.10 207
203016.4413.21-3.23 189
203116.5413.22-3.32 172
203216.6113.23-3.38 153
203316.6713.24-3.43 135
203416.7013.25-3.46 116
203516.7213.25-3.47 97
203616.7313.26-3.47 78
203716.7213.26-3.46 58
203816.6813.26-3.42 39
203916.6213.26-3.36 19
204016.5513.26-3.29 ----
204116.4813.26-3.22 ----
204216.4113.26-3.15 ----
204316.3413.26-3.08 ----
204416.2813.26-3.02 ----
204516.2213.26-2.96 ----
204616.1713.26-2.91 ----
204716.1313.26-2.86 ----
204816.0813.26-2.81 ----
204916.0213.26-2.76 ----
205015.9813.26-2.71 ----
205115.9313.26-2.67 ----
205215.9013.27-2.63 ----
205315.8713.27-2.61 ----
205415.8613.27-2.59 ----
205515.8513.27-2.58 ----
205615.8513.27-2.57 ----
205715.8513.28-2.57 ----
205815.8513.28-2.57 ----
205915.8513.28-2.57 ----
206015.8513.28-2.57 ----
206115.8613.29-2.57 ----
206215.8713.29-2.58 ----
206315.8713.29-2.58 ----
206415.8713.29-2.58 ----
206515.8713.30-2.58 ----
206615.8713.30-2.57 ----
206715.8713.30-2.57 ----
206815.8913.30-2.59 ----
206915.9213.30-2.61 ----
207015.9513.31-2.64 ----
207115.9813.31-2.67 ----
207216.0213.31-2.71 ----
207316.0613.31-2.74 ----
207416.1013.32-2.78 ----
207516.1313.32-2.81 ----
207616.1813.32-2.85 ----
207716.2213.33-2.89 ----
207816.2613.33-2.93 ----
207916.3013.33-2.97 ----
208016.3413.33-3.01 ----
208116.3813.34-3.04 ----
208216.4213.34-3.08 ----
208316.4613.34-3.11 ----
208416.4913.35-3.15 ----


Summarized Rates
Years Cost
rate		 Income
rate		 Actuarial
balance
Change in
actuarial
balance
 
Estimates based on the Intermediate Assumptions of the 2009 Trustees Report
2009-2083 15.47% 14.02% -1.45%
0.56%

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Last reviewed or modified January 27, 2010