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
2021253253
2022231231
2023214214
2024196196
2025178179
2026159160
2027141143
2028122124
2029104106
20308588
20316670
20324651
20332733
2034714
2035-13-4
2036-33-23
2037-54-42
2038-76-62
2039-97-82
2040-119-102
2041-142-122
2042-165-143
2043-188-164
2044-211-185
2045-235-207
2046-258-228
2047-282-249
2048-306-271
2049-330-292
2050-354-314
2051-378-335
2052-403-357
2053-427-379
2054-452-401
2055-477-423
2056-502-445
2057-527-467
2058-552-489
2059-578-511
2060-604-534
2061-630-557
2062-657-580
2063-684-604
2064-712-628
2065-740-653
2066-768-678
2067-796-703
2068-825-728
2069-855-754
2070-884-781
2071-914-807
2072-945-834
2073-976-862
2074-1007-889
2075-1039-918
2076-1071-947
2077-1105-977
2078-1139-1007
2079-1175-1039
2080-1211-1071
2081-1248-1104
2082-1286-1138
2083-1324-1172
2084-1363-1206
2085-1403-1241
2086-1443-1276
2087-1483-1312
2088-1524-1348
2089-1564-1384
2090-1604-1419
2091-1643-1454
2092-1681-1488
2093-1718-1520
2094-1754-1553
2095-1789-1584
2096-1825-1616
back