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
2020261261
2021248248
2022233233
2023217217
2024200200
2025183183
2026165166
2027148149
2028130131
2029112114
20309496
20317678
20325861
20333943
20342025
203516
2036-19-12
2037-38-31
2038-59-51
2039-80-70
2040-101-90
2041-122-110
2042-144-130
2043-166-150
2044-188-171
2045-210-191
2046-232-212
2047-255-232
2048-277-252
2049-299-272
2050-322-292
2051-344-312
2052-367-332
2053-389-351
2054-412-371
2055-434-390
2056-457-409
2057-480-429
2058-504-448
2059-527-468
2060-551-487
2061-575-507
2062-599-527
2063-624-548
2064-650-569
2065-676-590
2066-702-612
2067-728-634
2068-755-655
2069-782-677
2070-809-699
2071-837-721
2072-866-744
2073-895-768
2074-925-792
2075-955-816
2076-986-842
2077-1018-867
2078-1051-894
2079-1084-921
2080-1119-949
2081-1154-977
2082-1190-1005
2083-1226-1033
2084-1263-1062
2085-1300-1091
2086-1337-1119
2087-1374-1148
2088-1411-1175
2089-1448-1203
2090-1484-1229
2091-1520-1255
2092-1554-1280
2093-1589-1305
2094-1623-1329
2095-1657-1353
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