Proposed Provision: C1.4. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until it reaches 69 for individuals attaining age 62 in 2034. Thereafter, increase the NRA 1 month every 2 years.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2022 | 230 | 230 |
| 2023 | 211 | 211 |
| 2024 | 194 | 195 |
| 2025 | 177 | 178 |
| 2026 | 160 | 161 |
| 2027 | 143 | 145 |
| 2028 | 126 | 128 |
| 2029 | 109 | 112 |
| 2030 | 91 | 96 |
| 2031 | 74 | 79 |
| 2032 | 57 | 63 |
| 2033 | 39 | 47 |
| 2034 | 21 | 31 |
| 2035 | 3 | 14 |
| 2036 | -16 | -2 |
| 2037 | -35 | -19 |
| 2038 | -54 | -36 |
| 2039 | -74 | -53 |
| 2040 | -95 | -70 |
| 2041 | -116 | -87 |
| 2042 | -137 | -104 |
| 2043 | -158 | -122 |
| 2044 | -180 | -139 |
| 2045 | -202 | -157 |
| 2046 | -224 | -174 |
| 2047 | -246 | -191 |
| 2048 | -268 | -208 |
| 2049 | -291 | -226 |
| 2050 | -313 | -243 |
| 2051 | -336 | -260 |
| 2052 | -359 | -277 |
| 2053 | -383 | -294 |
| 2054 | -406 | -311 |
| 2055 | -430 | -328 |
| 2056 | -453 | -345 |
| 2057 | -477 | -361 |
| 2058 | -501 | -378 |
| 2059 | -525 | -395 |
| 2060 | -550 | -412 |
| 2061 | -575 | -430 |
| 2062 | -601 | -447 |
| 2063 | -627 | -465 |
| 2064 | -654 | -483 |
| 2065 | -681 | -502 |
| 2066 | -708 | -520 |
| 2067 | -736 | -539 |
| 2068 | -764 | -558 |
| 2069 | -792 | -578 |
| 2070 | -821 | -598 |
| 2071 | -850 | -619 |
| 2072 | -880 | -640 |
| 2073 | -910 | -661 |
| 2074 | -940 | -682 |
| 2075 | -971 | -703 |
| 2076 | -1003 | -725 |
| 2077 | -1036 | -748 |
| 2078 | -1069 | -771 |
| 2079 | -1104 | -795 |
| 2080 | -1139 | -819 |
| 2081 | -1175 | -844 |
| 2082 | -1212 | -870 |
| 2083 | -1249 | -895 |
| 2084 | -1286 | -920 |
| 2085 | -1324 | -946 |
| 2086 | -1363 | -973 |
| 2087 | -1402 | -999 |
| 2088 | -1442 | -1026 |
| 2089 | -1481 | -1051 |
| 2090 | -1520 | -1077 |
| 2091 | -1558 | -1103 |
| 2092 | -1595 | -1130 |
| 2093 | -1632 | -1156 |
| 2094 | -1668 | -1181 |
| 2095 | -1703 | -1206 |
| 2096 | -1738 | -1233 |
| 2097 | -1773 | -1257 |
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