Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 1 month every 2 years until the NRA reaches 68.

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

Year Present Law Provision
2012340340
2013329329
2014315315
2015302302
2016290290
2017277277
2018265265
2019253253
2020240240
2021227227
2022212212
2023197197
2024181181
2025164165
2026147147
2027129129
2028110111
20299091
20307071
20314950
20322729
203357
2034-18-16
2035-41-39
2036-65-62
2037-89-85
2038-114-109
2039-138-133
2040-163-157
2041-189-182
2042-215-207
2043-240-231
2044-266-256
2045-292-281
2046-319-307
2047-346-332
2048-373-358
2049-400-384
2050-428-410
2051-456-435
2052-484-461
2053-512-487
2054-540-514
2055-569-540
2056-598-567
2057-628-593
2058-657-620
2059-688-648
2060-719-676
2061-750-704
2062-782-733
2063-814-762
2064-847-791
2065-880-821
2066-913-851
2067-946-880
2068-980-911
2069-1014-941
2070-1049-972
2071-1084-1003
2072-1120-1035
2073-1156-1067
2074-1193-1100
2075-1230-1133
2076-1268-1167
2077-1307-1201
2078-1346-1236
2079-1385-1271
2080-1425-1306
2081-1465-1342
2082-1505-1378
2083-1547-1415
2084-1588-1452
2085-1631-1490
2086-1673-1528
2087-1717-1567
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