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
2012340340
2013329329
2014315315
2015302302
2016290290
2017277277
2018265265
2019253253
2020240242
2021227230
2022212217
2023197204
2024181191
2025164177
2026147164
2027129151
2028110137
202990122
203070107
20314991
20322774
2033557
2034-1840
2035-4122
2036-654
2037-89-15
2038-114-33
2039-138-52
2040-163-71
2041-189-90
2042-215-110
2043-240-129
2044-266-148
2045-292-167
2046-319-187
2047-346-206
2048-373-226
2049-400-246
2050-428-265
2051-456-285
2052-484-305
2053-512-325
2054-540-345
2055-569-366
2056-598-386
2057-628-407
2058-657-428
2059-688-450
2060-719-471
2061-750-494
2062-782-516
2063-814-539
2064-847-563
2065-880-586
2066-913-610
2067-946-635
2068-980-659
2069-1014-684
2070-1049-709
2071-1084-734
2072-1120-760
2073-1156-786
2074-1193-813
2075-1230-840
2076-1268-868
2077-1307-896
2078-1346-925
2079-1385-953
2080-1425-983
2081-1465-1012
2082-1505-1042
2083-1547-1072
2084-1588-1103
2085-1631-1134
2086-1673-1166
2087-1717-1198
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