Proposed Provision: C2.7. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2021 by 3 months per year until EEA reaches 64 in 2028 and NRA reaches 69 in 2030.

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

Year Current Law Provision
2020261261
2021248248
2022233233
2023217218
2024200202
2025183185
2026165168
2027148152
2028130135
2029112119
203094103
20317687
20325871
20333955
20342039
2035123
2036-196
2037-38-10
2038-59-27
2039-80-45
2040-101-62
2041-122-79
2042-144-97
2043-166-115
2044-188-133
2045-210-151
2046-232-169
2047-255-186
2048-277-204
2049-299-222
2050-322-239
2051-344-257
2052-367-274
2053-389-291
2054-412-309
2055-434-326
2056-457-343
2057-480-361
2058-504-378
2059-527-396
2060-551-414
2061-575-432
2062-599-451
2063-624-470
2064-650-489
2065-676-509
2066-702-530
2067-728-550
2068-755-571
2069-782-593
2070-809-614
2071-837-636
2072-866-659
2073-895-682
2074-925-705
2075-955-729
2076-986-754
2077-1018-779
2078-1051-805
2079-1084-832
2080-1119-859
2081-1154-887
2082-1190-916
2083-1226-945
2084-1263-974
2085-1300-1004
2086-1337-1034
2087-1374-1064
2088-1411-1094
2089-1448-1123
2090-1484-1152
2091-1520-1181
2092-1554-1210
2093-1589-1237
2094-1623-1265
2095-1657-1292
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