Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase both the NRA and the earliest eligibility age (EEA) by 36/47 of a month per year until the NRA and EEA reach 65 and 70 respectively. For each year, the computed EEA and NRA rounds down to the next lower full month.

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

Year Present Law Provision
2013330330
2014315315
2015301301
2016286286
2017271271
2018257257
2019244244
2020231231
2021218218
2022204204
2023189189
2024173174
2025158158
2026142142
2027125126
2028108109
20299091
20307173
20315254
20323135
20331115
2034-11-6
2035-32-26
2036-55-48
2037-78-69
2038-101-91
2039-124-113
2040-148-135
2041-172-158
2042-196-180
2043-220-203
2044-245-225
2045-269-247
2046-294-270
2047-319-293
2048-345-316
2049-371-339
2050-397-361
2051-423-385
2052-449-407
2053-476-430
2054-502-453
2055-530-476
2056-557-499
2057-585-523
2058-613-546
2059-642-571
2060-671-595
2061-701-620
2062-732-645
2063-763-671
2064-794-698
2065-826-724
2066-859-752
2067-892-779
2068-925-806
2069-959-834
2070-993-862
2071-1028-890
2072-1064-919
2073-1101-948
2074-1139-979
2075-1178-1010
2076-1217-1043
2077-1258-1075
2078-1299-1108
2079-1340-1141
2080-1382-1173
2081-1424-1205
2082-1466-1237
2083-1508-1268
2084-1550-1300
2085-1592-1331
2086-1635-1363
2087-1678-1395
2088-1722-1427
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