Proposed Provision: C2.7. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2022 by 3 months per year until EEA reaches 64 in 2029 and NRA reaches 69 in 2030.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2021 | 253 | 253 |
| 2022 | 231 | 231 |
| 2023 | 214 | 214 |
| 2024 | 196 | 197 |
| 2025 | 178 | 180 |
| 2026 | 159 | 161 |
| 2027 | 141 | 144 |
| 2028 | 122 | 126 |
| 2029 | 104 | 108 |
| 2030 | 85 | 91 |
| 2031 | 66 | 74 |
| 2032 | 46 | 56 |
| 2033 | 27 | 39 |
| 2034 | 7 | 22 |
| 2035 | -13 | 5 |
| 2036 | -33 | -13 |
| 2037 | -54 | -31 |
| 2038 | -76 | -49 |
| 2039 | -97 | -67 |
| 2040 | -119 | -86 |
| 2041 | -142 | -105 |
| 2042 | -165 | -124 |
| 2043 | -188 | -143 |
| 2044 | -211 | -163 |
| 2045 | -235 | -182 |
| 2046 | -258 | -202 |
| 2047 | -282 | -221 |
| 2048 | -306 | -241 |
| 2049 | -330 | -260 |
| 2050 | -354 | -280 |
| 2051 | -378 | -300 |
| 2052 | -403 | -320 |
| 2053 | -427 | -339 |
| 2054 | -452 | -359 |
| 2055 | -477 | -379 |
| 2056 | -502 | -399 |
| 2057 | -527 | -419 |
| 2058 | -552 | -439 |
| 2059 | -578 | -459 |
| 2060 | -604 | -479 |
| 2061 | -630 | -500 |
| 2062 | -657 | -521 |
| 2063 | -684 | -543 |
| 2064 | -712 | -565 |
| 2065 | -740 | -587 |
| 2066 | -768 | -609 |
| 2067 | -796 | -632 |
| 2068 | -825 | -656 |
| 2069 | -855 | -680 |
| 2070 | -884 | -703 |
| 2071 | -914 | -728 |
| 2072 | -945 | -753 |
| 2073 | -976 | -777 |
| 2074 | -1007 | -803 |
| 2075 | -1039 | -829 |
| 2076 | -1071 | -855 |
| 2077 | -1105 | -883 |
| 2078 | -1139 | -911 |
| 2079 | -1175 | -940 |
| 2080 | -1211 | -969 |
| 2081 | -1248 | -999 |
| 2082 | -1286 | -1030 |
| 2083 | -1324 | -1061 |
| 2084 | -1363 | -1093 |
| 2085 | -1403 | -1125 |
| 2086 | -1443 | -1157 |
| 2087 | -1483 | -1190 |
| 2088 | -1524 | -1223 |
| 2089 | -1564 | -1257 |
| 2090 | -1604 | -1289 |
| 2091 | -1643 | -1322 |
| 2092 | -1681 | -1353 |
| 2093 | -1718 | -1383 |
| 2094 | -1754 | -1413 |
| 2095 | -1789 | -1442 |
| 2096 | -1825 | -1470 |
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