Proposed Provision: C1.3. 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.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Present Law |
Provision |
| 2016 | 303 | 303 |
| 2017 | 293 | 293 |
| 2018 | 277 | 277 |
| 2019 | 262 | 262 |
| 2020 | 246 | 246 |
| 2021 | 231 | 231 |
| 2022 | 216 | 216 |
| 2023 | 200 | 200 |
| 2024 | 183 | 183 |
| 2025 | 165 | 166 |
| 2026 | 149 | 149 |
| 2027 | 132 | 132 |
| 2028 | 115 | 116 |
| 2029 | 98 | 99 |
| 2030 | 81 | 82 |
| 2031 | 64 | 65 |
| 2032 | 46 | 48 |
| 2033 | 27 | 30 |
| 2034 | 8 | 11 |
| 2035 | -11 | -8 |
| 2036 | -30 | -27 |
| 2037 | -50 | -46 |
| 2038 | -71 | -65 |
| 2039 | -91 | -85 |
| 2040 | -112 | -105 |
| 2041 | -133 | -126 |
| 2042 | -154 | -146 |
| 2043 | -176 | -166 |
| 2044 | -197 | -186 |
| 2045 | -218 | -206 |
| 2046 | -240 | -227 |
| 2047 | -262 | -247 |
| 2048 | -283 | -267 |
| 2049 | -305 | -288 |
| 2050 | -327 | -308 |
| 2051 | -349 | -328 |
| 2052 | -371 | -348 |
| 2053 | -393 | -368 |
| 2054 | -415 | -388 |
| 2055 | -437 | -408 |
| 2056 | -460 | -428 |
| 2057 | -482 | -449 |
| 2058 | -506 | -469 |
| 2059 | -529 | -490 |
| 2060 | -553 | -511 |
| 2061 | -578 | -533 |
| 2062 | -603 | -555 |
| 2063 | -628 | -577 |
| 2064 | -654 | -599 |
| 2065 | -680 | -622 |
| 2066 | -706 | -645 |
| 2067 | -733 | -668 |
| 2068 | -760 | -692 |
| 2069 | -788 | -716 |
| 2070 | -816 | -740 |
| 2071 | -845 | -765 |
| 2072 | -874 | -791 |
| 2073 | -905 | -817 |
| 2074 | -935 | -843 |
| 2075 | -967 | -870 |
| 2076 | -1000 | -898 |
| 2077 | -1033 | -926 |
| 2078 | -1068 | -955 |
| 2079 | -1102 | -985 |
| 2080 | -1138 | -1015 |
| 2081 | -1173 | -1045 |
| 2082 | -1208 | -1075 |
| 2083 | -1243 | -1105 |
| 2084 | -1279 | -1135 |
| 2085 | -1314 | -1164 |
| 2086 | -1349 | -1195 |
| 2087 | -1384 | -1225 |
| 2088 | -1419 | -1255 |
| 2089 | -1455 | -1284 |
| 2090 | -1491 | -1312 |
| 2091 | -1528 | -1340 |
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