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Detailed Single Year Tables
Retirement Age

Description of Proposed Provision:
Index benefits to longevity after the normal retirement age (NRA) reaches age 67 under current law. Under current law, the NRA reaches 67 for individuals who attain age 62 in 2022 and later. Under this provision, the NRA would be further increased by one month for those attaining age 62 in every other year after 2022.

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
201312.3812.900.52 367
201412.6212.920.30 364
201512.8812.940.06 359
201613.1812.96-0.22 354
201713.4912.98-0.51 347
201813.8313.00-0.83 338
201914.1713.02-1.15 327
202014.5013.04-1.46 315
202114.8113.06-1.75 302
202215.0913.08-2.01 289
202315.3713.10-2.27 275
202415.6213.12-2.50 260
202515.8513.13-2.72 244
202616.0513.15-2.91 227
202716.2413.16-3.08 210
202816.4113.17-3.24 192
202916.5513.19-3.37 174
203016.6813.20-3.48 155
203116.7713.21-3.57 136
203216.8513.22-3.63 116
203316.9013.22-3.67 96
203416.9213.23-3.69 76
203516.9313.23-3.69 55
203616.9213.24-3.68 35
203716.8913.24-3.65 14
203816.8513.24-3.61 ----
203916.7813.24-3.54 ----
204016.7113.24-3.47 ----
204116.6213.24-3.38 ----
204216.5413.24-3.30 ----
204316.4613.24-3.23 ----
204416.3913.23-3.16 ----
204516.3313.23-3.10 ----
204616.2813.23-3.05 ----
204716.2413.23-3.00 ----
204816.1813.23-2.95 ----
204916.1213.23-2.89 ----
205016.0713.23-2.84 ----
205116.0213.23-2.79 ----
205215.9813.23-2.75 ----
205315.9513.23-2.72 ----
205415.9313.23-2.70 ----
205515.9113.23-2.68 ----
205615.9113.23-2.67 ----
205715.9013.23-2.67 ----
205815.9013.23-2.66 ----
205915.8913.24-2.66 ----
206015.8913.24-2.65 ----
206115.8913.24-2.65 ----
206215.8913.24-2.65 ----
206315.8913.24-2.65 ----
206415.8813.24-2.64 ----
206515.8713.24-2.63 ----
206615.8513.24-2.60 ----
206715.8413.24-2.59 ----
206815.8513.25-2.60 ----
206915.8713.25-2.62 ----
207015.9013.25-2.65 ----
207115.9413.25-2.69 ----
207215.9813.26-2.73 ----
207316.0213.26-2.76 ----
207416.0613.26-2.80 ----
207516.1013.26-2.83 ----
207616.1313.27-2.87 ----
207716.1713.27-2.91 ----
207816.2113.27-2.94 ----
207916.2613.27-2.98 ----
208016.3013.28-3.02 ----
208116.3413.28-3.06 ----
208216.3813.28-3.10 ----
208316.4313.29-3.14 ----
208416.4713.29-3.18 ----


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 15.60% 14.00% -1.60%
0.40%

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Last reviewed or modified November 16, 2009