Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until the NRA reaches 68.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2014 | 320 | 320 |
| 2015 | 306 | 306 |
| 2016 | 292 | 292 |
| 2017 | 277 | 277 |
| 2018 | 262 | 262 |
| 2019 | 248 | 248 |
| 2020 | 233 | 233 |
| 2021 | 219 | 219 |
| 2022 | 203 | 203 |
| 2023 | 187 | 188 |
| 2024 | 171 | 172 |
| 2025 | 154 | 155 |
| 2026 | 137 | 139 |
| 2027 | 119 | 122 |
| 2028 | 101 | 104 |
| 2029 | 83 | 87 |
| 2030 | 64 | 68 |
| 2031 | 44 | 49 |
| 2032 | 23 | 30 |
| 2033 | 2 | 10 |
| 2034 | -20 | -10 |
| 2035 | -42 | -31 |
| 2036 | -65 | -52 |
| 2037 | -88 | -74 |
| 2038 | -112 | -95 |
| 2039 | -136 | -117 |
| 2040 | -160 | -140 |
| 2041 | -185 | -162 |
| 2042 | -210 | -185 |
| 2043 | -235 | -207 |
| 2044 | -260 | -230 |
| 2045 | -285 | -252 |
| 2046 | -310 | -275 |
| 2047 | -336 | -298 |
| 2048 | -362 | -322 |
| 2049 | -388 | -345 |
| 2050 | -415 | -369 |
| 2051 | -442 | -392 |
| 2052 | -468 | -416 |
| 2053 | -495 | -440 |
| 2054 | -523 | -463 |
| 2055 | -550 | -487 |
| 2056 | -578 | -512 |
| 2057 | -606 | -536 |
| 2058 | -635 | -562 |
| 2059 | -664 | -587 |
| 2060 | -694 | -613 |
| 2061 | -725 | -639 |
| 2062 | -756 | -666 |
| 2063 | -787 | -694 |
| 2064 | -819 | -722 |
| 2065 | -852 | -750 |
| 2066 | -885 | -779 |
| 2067 | -918 | -808 |
| 2068 | -952 | -838 |
| 2069 | -987 | -868 |
| 2070 | -1022 | -899 |
| 2071 | -1057 | -931 |
| 2072 | -1094 | -963 |
| 2073 | -1132 | -996 |
| 2074 | -1171 | -1030 |
| 2075 | -1210 | -1065 |
| 2076 | -1251 | -1100 |
| 2077 | -1293 | -1137 |
| 2078 | -1335 | -1174 |
| 2079 | -1378 | -1212 |
| 2080 | -1421 | -1250 |
| 2081 | -1464 | -1288 |
| 2082 | -1507 | -1327 |
| 2083 | -1550 | -1365 |
| 2084 | -1593 | -1403 |
| 2085 | -1636 | -1442 |
| 2086 | -1680 | -1480 |
| 2087 | -1724 | -1519 |
| 2088 | -1769 | -1559 |
| 2089 | -1814 | -1599 |
back