Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, index the NRA to maintain a constant ratio of expected retirement years (life expectancy at NRA) to potential work years (NRA minus 20). We assume the NRA will increase 1 month every 2 years. Also, raise the earliest eligibility age (EEA) for retired-workers, aged widow(er)s, and disabled widow(er)s by the same amount as the NRA starting for those attaining EEA in 2017.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2012 | 340 | 340 |
| 2013 | 329 | 329 |
| 2014 | 315 | 315 |
| 2015 | 302 | 302 |
| 2016 | 290 | 290 |
| 2017 | 277 | 277 |
| 2018 | 265 | 265 |
| 2019 | 253 | 253 |
| 2020 | 240 | 240 |
| 2021 | 227 | 227 |
| 2022 | 212 | 212 |
| 2023 | 197 | 197 |
| 2024 | 181 | 181 |
| 2025 | 164 | 165 |
| 2026 | 147 | 148 |
| 2027 | 129 | 130 |
| 2028 | 110 | 112 |
| 2029 | 90 | 92 |
| 2030 | 70 | 72 |
| 2031 | 49 | 52 |
| 2032 | 27 | 31 |
| 2033 | 5 | 9 |
| 2034 | -18 | -13 |
| 2035 | -41 | -36 |
| 2036 | -65 | -58 |
| 2037 | -89 | -82 |
| 2038 | -114 | -105 |
| 2039 | -138 | -129 |
| 2040 | -163 | -153 |
| 2041 | -189 | -177 |
| 2042 | -215 | -201 |
| 2043 | -240 | -226 |
| 2044 | -266 | -250 |
| 2045 | -292 | -275 |
| 2046 | -319 | -300 |
| 2047 | -346 | -325 |
| 2048 | -373 | -350 |
| 2049 | -400 | -375 |
| 2050 | -428 | -401 |
| 2051 | -456 | -427 |
| 2052 | -484 | -453 |
| 2053 | -512 | -478 |
| 2054 | -540 | -504 |
| 2055 | -569 | -530 |
| 2056 | -598 | -556 |
| 2057 | -628 | -583 |
| 2058 | -657 | -609 |
| 2059 | -688 | -637 |
| 2060 | -719 | -664 |
| 2061 | -750 | -692 |
| 2062 | -782 | -720 |
| 2063 | -814 | -749 |
| 2064 | -847 | -778 |
| 2065 | -880 | -807 |
| 2066 | -913 | -836 |
| 2067 | -946 | -865 |
| 2068 | -980 | -895 |
| 2069 | -1014 | -924 |
| 2070 | -1049 | -955 |
| 2071 | -1084 | -985 |
| 2072 | -1120 | -1016 |
| 2073 | -1156 | -1048 |
| 2074 | -1193 | -1079 |
| 2075 | -1230 | -1112 |
| 2076 | -1268 | -1144 |
| 2077 | -1307 | -1177 |
| 2078 | -1346 | -1211 |
| 2079 | -1385 | -1245 |
| 2080 | -1425 | -1280 |
| 2081 | -1465 | -1317 |
| 2082 | -1505 | -1353 |
| 2083 | -1547 | -1389 |
| 2084 | -1588 | -1423 |
| 2085 | -1631 | -1458 |
| 2086 | -1673 | -1491 |
| 2087 | -1717 | -1525 |
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