Proposed Provision: Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 in 2020-21 to 68 and 63, respectively and then by 3 months per year in 2022-25 to 69 and 64, respectively.

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

Year Present Law Provision
2011353353
2012347347
2013341341
2014334334
2015328328
2016321321
2017314314
2018306306
2019296296
2020284285
2021272274
2022259263
2023245251
2024230240
2025214228
2026198217
2027181205
2028164192
2029145179
2030127166
2031107152
203287137
203367122
203446107
20352592
2036476
2037-1861
2038-4045
2039-6229
2040-8513
2041-108-3
2042-130-19
2043-153-35
2044-176-51
2045-200-66
2046-223-82
2047-247-98
2048-271-114
2049-295-130
2050-319-146
2051-343-162
2052-368-178
2053-393-195
2054-418-211
2055-443-227
2056-468-244
2057-494-261
2058-521-278
2059-548-296
2060-575-314
2061-602-332
2062-630-350
2063-659-369
2064-687-388
2065-716-407
2066-746-427
2067-775-447
2068-805-467
2069-835-487
2070-866-508
2071-897-529
2072-928-550
2073-960-572
2074-992-594
2075-1025-616
2076-1058-639
2077-1092-662
2078-1126-686
2079-1161-710
2080-1196-734
2081-1232-759
2082-1268-785
2083-1305-810
2084-1342-836
2085-1380-863
2086-1419-890
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