Proposed Provision: Beginning December 2011, add 1 percentage point to the annual cost-of-living adjustment for OASDI monthly benefits for beneficiaries who have lived past a "specified age", which reflects their age 65 life expectancy. The "specified age" is based on the beneficiary's year of birth and is determined as the sum of: (1) 65 and (2) the unisex cohort life expectancy at age 65 for the Social Security area population with the same year of birth as the beneficiary.

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

Year Present Law Provision
2010355355
2011353353
2012350350
2013346345
2014341339
2015335334
2016330328
2017324321
2018317314
2019309305
2020299296
2021289285
2022277273
2023264260
2024251246
2025237231
2026221216
2027205199
2028189182
2029171165
2030154147
2031136128
2032117109
20339890
20347970
20355950
20363930
2037199
2038-1-12
2039-21-33
2040-42-54
2041-63-75
2042-84-97
2043-105-118
2044-126-140
2045-147-162
2046-168-184
2047-189-206
2048-211-228
2049-233-251
2050-255-273
2051-277-296
2052-299-319
2053-321-342
2054-344-365
2055-366-389
2056-389-413
2057-412-437
2058-436-461
2059-460-486
2060-485-511
2061-509-537
2062-534-563
2063-560-589
2064-586-616
2065-612-643
2066-638-670
2067-665-698
2068-692-726
2069-720-754
2070-748-783
2071-776-813
2072-805-842
2073-834-872
2074-864-903
2075-894-934
2076-925-966
2077-957-998
2078-989-1031
2079-1021-1064
2080-1054-1098
2081-1087-1132
2082-1121-1167
2083-1156-1202
2084-1191-1238
2085-1227-1275
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