Proposed Provision: C2.7. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2024 by 3 months per year until EEA reaches 64 in 2031 and NRA reaches 69 in 2031.

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

Year Current Law Provision
2023204204
2024187187
2025168169
2026149151
2027131134
2028114117
202996100
20307884
20316068
20324352
20332536
2034720
2035-124
2036-31-12
2037-51-28
2038-70-45
2039-91-62
2040-112-79
2041-133-96
2042-154-114
2043-176-132
2044-198-149
2045-220-167
2046-243-185
2047-265-203
2048-288-221
2049-311-239
2050-333-257
2051-357-276
2052-380-294
2053-403-312
2054-427-331
2055-450-349
2056-474-368
2057-498-386
2058-522-405
2059-547-424
2060-572-444
2061-597-464
2062-623-485
2063-650-506
2064-677-528
2065-705-550
2066-733-572
2067-762-595
2068-791-618
2069-820-642
2070-850-666
2071-880-691
2072-911-716
2073-942-741
2074-974-766
2075-1006-793
2076-1039-819
2077-1074-847
2078-1108-875
2079-1144-905
2080-1181-934
2081-1218-965
2082-1256-995
2083-1294-1026
2084-1333-1058
2085-1373-1090
2086-1413-1122
2087-1453-1155
2088-1494-1188
2089-1534-1221
2090-1574-1253
2091-1613-1285
2092-1651-1316
2093-1689-1347
2094-1726-1377
2095-1762-1406
2096-1798-1435
2097-1833-1464
2098-1868-1492
back