Proposed Provision: A5. Starting December 2017, add 1 percentage point to the annual COLA for beneficiaries who have lived past a "specified age". The "specified age" is the sum of: (1) 65 and (2) the unisex cohort life expectancy at age 65.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 277 |
2019 | 262 | 261 |
2020 | 246 | 245 |
2021 | 231 | 230 |
2022 | 216 | 214 |
2023 | 200 | 198 |
2024 | 183 | 181 |
2025 | 165 | 163 |
2026 | 149 | 146 |
2027 | 132 | 129 |
2028 | 115 | 112 |
2029 | 98 | 94 |
2030 | 81 | 77 |
2031 | 64 | 59 |
2032 | 46 | 41 |
2033 | 27 | 22 |
2034 | 8 | 3 |
2035 | -11 | -17 |
2036 | -30 | -37 |
2037 | -50 | -57 |
2038 | -71 | -78 |
2039 | -91 | -99 |
2040 | -112 | -121 |
2041 | -133 | -142 |
2042 | -154 | -164 |
2043 | -176 | -186 |
2044 | -197 | -208 |
2045 | -218 | -230 |
2046 | -240 | -252 |
2047 | -262 | -274 |
2048 | -283 | -296 |
2049 | -305 | -319 |
2050 | -327 | -341 |
2051 | -349 | -364 |
2052 | -371 | -387 |
2053 | -393 | -409 |
2054 | -415 | -432 |
2055 | -437 | -455 |
2056 | -460 | -478 |
2057 | -482 | -502 |
2058 | -506 | -526 |
2059 | -529 | -550 |
2060 | -553 | -575 |
2061 | -578 | -600 |
2062 | -603 | -626 |
2063 | -628 | -652 |
2064 | -654 | -678 |
2065 | -680 | -705 |
2066 | -706 | -732 |
2067 | -733 | -760 |
2068 | -760 | -788 |
2069 | -788 | -816 |
2070 | -816 | -845 |
2071 | -845 | -874 |
2072 | -874 | -904 |
2073 | -905 | -935 |
2074 | -935 | -966 |
2075 | -967 | -999 |
2076 | -1000 | -1033 |
2077 | -1033 | -1067 |
2078 | -1068 | -1102 |
2079 | -1102 | -1138 |
2080 | -1138 | -1173 |
2081 | -1173 | -1210 |
2082 | -1208 | -1246 |
2083 | -1243 | -1282 |
2084 | -1279 | -1318 |
2085 | -1314 | -1353 |
2086 | -1349 | -1389 |
2087 | -1384 | -1425 |
2088 | -1419 | -1461 |
2089 | -1455 | -1498 |
2090 | -1491 | -1535 |
2091 | -1528 | -1572 |
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