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
2021253253
2022231231
2023214214
2024196196
2025178178
2026159160
2027141142
2028122124
2029104105
20308587
20316668
20324649
20332730
2034711
2035-13-8
2036-33-28
2037-54-48
2038-76-68
2039-97-89
2040-119-110
2041-142-131
2042-165-152
2043-188-174
2044-211-196
2045-235-218
2046-258-239
2047-282-261
2048-306-283
2049-330-305
2050-354-327
2051-378-349
2052-403-371
2053-427-393
2054-452-415
2055-477-437
2056-502-459
2057-527-480
2058-552-502
2059-578-524
2060-604-547
2061-630-569
2062-657-592
2063-684-615
2064-712-639
2065-740-662
2066-768-686
2067-796-710
2068-825-735
2069-855-759
2070-884-784
2071-914-808
2072-945-833
2073-976-859
2074-1007-885
2075-1039-912
2076-1071-939
2077-1105-968
2078-1139-997
2079-1175-1026
2080-1211-1056
2081-1248-1087
2082-1286-1117
2083-1324-1148
2084-1363-1180
2085-1403-1212
2086-1443-1244
2087-1483-1276
2088-1524-1308
2089-1564-1340
2090-1604-1370
2091-1643-1399
2092-1681-1427
2093-1718-1454
2094-1754-1480
2095-1789-1505
2096-1825-1531
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