Proposed Provision: Starting December 2012, 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
2011353353
2012347349
2013341347
2014334344
2015328342
2016321341
2017314340
2018306338
2019296334
2020284329
2021272323
2022259316
2023245309
2024230302
2025214294
2026198286
2027181277
2028164268
2029145258
2030127248
2031107238
203287228
203367218
203446207
203525197
20364186
2037-18176
2038-40166
2039-62156
2040-85146
2041-108137
2042-130127
2043-153118
2044-176108
2045-20099
2046-22390
2047-24780
2048-27171
2049-29562
2050-31952
2051-34343
2052-36833
2053-39324
2054-41814
2055-4434
2056-468-6
2057-494-17
2058-521-28
2059-548-38
2060-575-49
2061-602-61
2062-630-72
2063-659-84
2064-687-95
2065-716-107
2066-746-119
2067-775-132
2068-805-144
2069-835-157
2070-866-170
2071-897-183
2072-928-196
2073-960-210
2074-992-224
2075-1025-238
2076-1058-253
2077-1092-268
2078-1126-283
2079-1161-299
2080-1196-315
2081-1232-331
2082-1268-348
2083-1305-365
2084-1342-382
2085-1380-400
2086-1419-418
back