Proposed Provision: C1.7. After the normal retirement age (NRA) reaches 67 for those attaining age 62 in 2022, increase the NRA by 3 months per year starting for attaining age 62 in 2023 until it reaches 69 for those attaining age 62 in 2030. Increase the age up to which delayed retirement credits may be earned from 70 to 72 on the same schedule. Increase the widow(er) NRA in the same manner. The earliest eligibility age (EEA) for worker's and widow(er)'s benefit is unchanged.

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

Year Current Law Provision
2017298298
2018287287
2019273273
2020259259
2021245245
2022230230
2023215215
2024199200
2025182184
2026165167
2027148150
2028130133
2029112116
20309499
20317582
20325665
20333748
20341630
2035-413
2036-26-6
2037-47-24
2038-70-42
2039-92-61
2040-115-80
2041-138-98
2042-161-117
2043-184-135
2044-207-153
2045-230-171
2046-253-189
2047-276-207
2048-300-224
2049-323-242
2050-346-259
2051-370-276
2052-393-294
2053-417-310
2054-440-327
2055-464-344
2056-487-361
2057-511-378
2058-536-395
2059-560-412
2060-585-430
2061-611-448
2062-637-466
2063-663-485
2064-690-504
2065-717-523
2066-745-543
2067-772-563
2068-801-583
2069-829-604
2070-858-625
2071-888-647
2072-918-669
2073-949-692
2074-981-716
2075-1014-739
2076-1047-764
2077-1082-789
2078-1117-815
2079-1153-842
2080-1190-869
2081-1227-896
2082-1264-923
2083-1300-951
2084-1337-978
2085-1374-1006
2086-1410-1034
2087-1446-1061
2088-1483-1089
2089-1520-1117
2090-1557-1145
2091-1595-1174
2092-1633-1204
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