Proposed Provision: A9. For single/head-of-household/married-filing-separate taxpayers with modified adjusted gross income (MAGI) below $85,000 and for joint filers with MAGI below $170,000 for the prior tax year, use the chain-weighted version of the Consumer Price Index for All Urban Consumers (C-CPI-U) to calculate the cost-of-living adjustment (COLA), beginning with the December 2018 COLA. For those beneficiaries whose MAGI is above the $85,000/$170,000 for the prior tax year, provide no COLA. Index the eligibility income threshold amounts to the CPI-U after December 2018.

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

Year Present Law Provision
2016303303
2017293293
2018277277
2019262263
2020246249
2021231236
2022216222
2023200208
2024183194
2025165179
2026149166
2027132152
2028115138
202998125
203081112
20316499
20324685
20332772
2034858
2035-1144
2036-3030
2037-5016
2038-711
2039-91-13
2040-112-28
2041-133-42
2042-154-57
2043-176-71
2044-197-85
2045-218-98
2046-240-112
2047-262-126
2048-283-140
2049-305-153
2050-327-167
2051-349-180
2052-371-193
2053-393-207
2054-415-220
2055-437-234
2056-460-247
2057-482-261
2058-506-275
2059-529-290
2060-553-305
2061-578-320
2062-603-335
2063-628-351
2064-654-367
2065-680-383
2066-706-400
2067-733-417
2068-760-434
2069-788-451
2070-816-469
2071-845-487
2072-874-505
2073-905-524
2074-935-543
2075-967-563
2076-1000-584
2077-1033-604
2078-1068-626
2079-1102-647
2080-1138-668
2081-1173-690
2082-1208-711
2083-1243-732
2084-1279-753
2085-1314-774
2086-1349-795
2087-1384-816
2088-1419-837
2089-1455-858
2090-1491-880
2091-1528-902
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