Proposed Provision: C1.2. After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until the NRA reaches 68.

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

Year Current Law Provision
2020261261
2021248248
2022233233
2023217217
2024200201
2025183184
2026165166
2027148150
2028130132
2029112115
20309498
20317680
20325863
20333946
20342028
2035111
2036-19-7
2037-38-25
2038-59-44
2039-80-63
2040-101-82
2041-122-101
2042-144-121
2043-166-140
2044-188-160
2045-210-180
2046-232-200
2047-255-220
2048-277-239
2049-299-259
2050-322-279
2051-344-298
2052-367-318
2053-389-337
2054-412-357
2055-434-377
2056-457-396
2057-480-416
2058-504-436
2059-527-456
2060-551-477
2061-575-497
2062-599-518
2063-624-540
2064-650-562
2065-676-584
2066-702-607
2067-728-630
2068-755-653
2069-782-677
2070-809-701
2071-837-725
2072-866-751
2073-895-776
2074-925-802
2075-955-829
2076-986-856
2077-1018-884
2078-1051-913
2079-1084-942
2080-1119-973
2081-1154-1004
2082-1190-1035
2083-1226-1067
2084-1263-1099
2085-1300-1132
2086-1337-1165
2087-1374-1197
2088-1411-1230
2089-1448-1262
2090-1484-1294
2091-1520-1326
2092-1554-1357
2093-1589-1387
2094-1623-1417
2095-1657-1447
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