Proposed Provision: After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 1 month every 2 years until the NRA reaches 68.

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

Year Present Law Provision
2015308308
2016298298
2017280280
2018264264
2019248248
2020233233
2021219219
2022204204
2023189189
2024173173
2025157158
2026142142
2027126127
2028110111
20299495
20307778
20316061
20324244
20332325
203446
2035-16-13
2036-36-33
2037-57-53
2038-78-73
2039-100-94
2040-122-115
2041-144-136
2042-166-158
2043-189-179
2044-211-201
2045-234-222
2046-257-244
2047-280-266
2048-303-288
2049-327-310
2050-351-332
2051-375-354
2052-398-376
2053-423-398
2054-447-420
2055-472-442
2056-496-465
2057-522-487
2058-548-511
2059-574-534
2060-601-559
2061-629-583
2062-657-608
2063-685-634
2064-714-660
2065-744-686
2066-774-713
2067-804-740
2068-835-767
2069-867-796
2070-899-824
2071-932-853
2072-965-883
2073-1000-914
2074-1035-946
2075-1072-978
2076-1110-1012
2077-1148-1046
2078-1188-1081
2079-1228-1117
2080-1268-1153
2081-1309-1189
2082-1350-1226
2083-1391-1262
2084-1432-1299
2085-1472-1335
2086-1514-1372
2087-1555-1410
2088-1597-1447
2089-1640-1485
2090-1683-1524
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