Proposed Provision: A7. Starting December 2017, reduce the annual COLA by 1 percentage point, but not to less than zero. In cases where the unreduced COLA is less than 1 percentage point, do not carry over the unused reduction into future years.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 279 |
2019 | 262 | 267 |
2020 | 246 | 255 |
2021 | 231 | 244 |
2022 | 216 | 233 |
2023 | 200 | 222 |
2024 | 183 | 210 |
2025 | 165 | 198 |
2026 | 149 | 187 |
2027 | 132 | 176 |
2028 | 115 | 166 |
2029 | 98 | 156 |
2030 | 81 | 146 |
2031 | 64 | 137 |
2032 | 46 | 127 |
2033 | 27 | 117 |
2034 | 8 | 107 |
2035 | -11 | 98 |
2036 | -30 | 88 |
2037 | -50 | 78 |
2038 | -71 | 68 |
2039 | -91 | 58 |
2040 | -112 | 48 |
2041 | -133 | 39 |
2042 | -154 | 29 |
2043 | -176 | 20 |
2044 | -197 | 11 |
2045 | -218 | 2 |
2046 | -240 | -7 |
2047 | -262 | -16 |
2048 | -283 | -24 |
2049 | -305 | -33 |
2050 | -327 | -42 |
2051 | -349 | -50 |
2052 | -371 | -59 |
2053 | -393 | -68 |
2054 | -415 | -77 |
2055 | -437 | -86 |
2056 | -460 | -95 |
2057 | -482 | -105 |
2058 | -506 | -115 |
2059 | -529 | -125 |
2060 | -553 | -136 |
2061 | -578 | -147 |
2062 | -603 | -158 |
2063 | -628 | -170 |
2064 | -654 | -182 |
2065 | -680 | -194 |
2066 | -706 | -207 |
2067 | -733 | -220 |
2068 | -760 | -233 |
2069 | -788 | -247 |
2070 | -816 | -260 |
2071 | -845 | -275 |
2072 | -874 | -289 |
2073 | -905 | -304 |
2074 | -935 | -320 |
2075 | -967 | -336 |
2076 | -1000 | -352 |
2077 | -1033 | -368 |
2078 | -1068 | -385 |
2079 | -1102 | -402 |
2080 | -1138 | -420 |
2081 | -1173 | -437 |
2082 | -1208 | -454 |
2083 | -1243 | -471 |
2084 | -1279 | -489 |
2085 | -1314 | -506 |
2086 | -1349 | -523 |
2087 | -1384 | -541 |
2088 | -1419 | -558 |
2089 | -1455 | -576 |
2090 | -1491 | -595 |
2091 | -1528 | -614 |
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