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 Current Law Provision
2017298298
2018287287
2019273273
2020259259
2021245245
2022230230
2023215215
2024199199
2025182183
2026165166
2027148148
2028130131
2029112113
20309495
20317577
20325658
20333739
20341619
2035-4-1
2036-26-22
2037-47-43
2038-70-65
2039-92-87
2040-115-109
2041-138-131
2042-161-153
2043-184-175
2044-207-197
2045-230-219
2046-253-241
2047-276-263
2048-300-285
2049-323-306
2050-346-328
2051-370-350
2052-393-372
2053-417-393
2054-440-415
2055-464-436
2056-487-458
2057-511-479
2058-536-501
2059-560-523
2060-585-545
2061-611-568
2062-637-591
2063-663-614
2064-690-638
2065-717-662
2066-745-686
2067-772-710
2068-801-735
2069-829-760
2070-858-785
2071-888-812
2072-918-838
2073-949-865
2074-981-892
2075-1014-920
2076-1047-949
2077-1082-978
2078-1117-1009
2079-1153-1040
2080-1190-1072
2081-1227-1103
2082-1264-1135
2083-1300-1166
2084-1337-1198
2085-1374-1230
2086-1410-1262
2087-1446-1294
2088-1483-1325
2089-1520-1355
2090-1557-1384
2091-1595-1417
2092-1633-1449
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