Proposed Provision: Shorten the hiatus in the normal retirement age (start increasing to age 67 for those age 62 in 2010, rather than those age 62 in 2017) and then index the normal retirement age (by 1 month every 2 years) until the NRA reaches age 70.

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

Year Present Law Provision
2009354354
2010360360
2011366367
2012369369
2013367368
2014364366
2015359363
2016354360
2017347355
2018338348
2019327339
2020315330
2021302319
2022289308
2023275296
2024260283
2025244269
2026227254
2027209238
2028191221
2029173204
2030153187
2031133169
2032113151
203392133
203471114
20355095
20362976
2037757
2038-1638
2039-3818
2040-61-1
2041-83-21
2042-106-40
2043-129-59
2044-152-79
2045-175-98
2046-199-118
2047-222-137
2048-246-156
2049-270-176
2050-294-196
2051-318-215
2052-342-235
2053-366-254
2054-391-274
2055-415-293
2056-440-313
2057-466-333
2058-491-353
2059-517-373
2060-544-394
2061-570-414
2062-598-435
2063-625-456
2064-653-478
2065-681-500
2066-710-522
2067-739-545
2068-768-567
2069-798-589
2070-828-611
2071-859-634
2072-890-657
2073-922-680
2074-954-703
2075-987-727
2076-1020-752
2077-1054-777
2078-1089-802
2079-1124-828
2080-1159-854
2081-1195-881
2082-1232-909
2083-1270-937
2084-1308-965
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