Proposed Provision: C2.4. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase both the NRA and the earliest eligibility age (EEA) by 36/47 of a month per year until the NRA and EEA reach 70 and 65 respectively. For each year, the computed NRA and EEA round down to the next lower full month.

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

Year Current Law Provision
2019273273
2020260260
2021245245
2022229229
2023213213
2024197197
2025180181
2026163164
2027147148
2028130132
2029114116
203097100
20318083
20326367
20334650
20342833
20351016
2036-9-2
2037-28-20
2038-47-39
2039-67-57
2040-87-76
2041-108-95
2042-129-114
2043-150-134
2044-171-153
2045-192-172
2046-213-191
2047-234-210
2048-255-228
2049-276-247
2050-297-265
2051-318-283
2052-338-301
2053-359-319
2054-380-337
2055-401-354
2056-422-371
2057-444-389
2058-465-406
2059-487-424
2060-509-441
2061-531-459
2062-554-477
2063-577-496
2064-601-515
2065-625-534
2066-649-553
2067-674-573
2068-699-592
2069-724-612
2070-749-632
2071-776-652
2072-802-672
2073-830-693
2074-857-715
2075-885-737
2076-914-760
2077-944-783
2078-975-807
2079-1007-832
2080-1039-856
2081-1072-882
2082-1106-907
2083-1139-932
2084-1173-957
2085-1207-981
2086-1242-1005
2087-1275-1029
2088-1309-1052
2089-1342-1075
2090-1375-1097
2091-1407-1119
2092-1439-1141
2093-1471-1163
2094-1503-1185
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