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
2013330330
2014315315
2015301301
2016286286
2017271271
2018257257
2019244244
2020231231
2021218219
2022204207
2023189195
2024173183
2025158170
2026142159
2027125147
2028108135
202990122
203071108
20315294
20323180
20331164
2034-1148
2035-3232
2036-5515
2037-78-2
2038-101-19
2039-124-36
2040-148-54
2041-172-71
2042-196-89
2043-220-107
2044-245-125
2045-269-142
2046-294-160
2047-319-178
2048-345-196
2049-371-214
2050-397-232
2051-423-251
2052-449-269
2053-476-287
2054-502-306
2055-530-325
2056-557-344
2057-585-363
2058-613-383
2059-642-404
2060-671-425
2061-701-446
2062-732-468
2063-763-490
2064-794-513
2065-826-536
2066-859-560
2067-892-584
2068-925-609
2069-959-634
2070-993-659
2071-1028-685
2072-1064-711
2073-1101-739
2074-1139-767
2075-1178-795
2076-1217-825
2077-1258-855
2078-1299-885
2079-1340-916
2080-1382-947
2081-1424-978
2082-1466-1009
2083-1508-1040
2084-1550-1071
2085-1592-1102
2086-1635-1134
2087-1678-1166
2088-1722-1199
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