Proposed Provision: Starting December 2012, 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 |
2011 | 353 | 353 |
2012 | 347 | 347 |
2013 | 341 | 340 |
2014 | 334 | 333 |
2015 | 328 | 326 |
2016 | 321 | 319 |
2017 | 314 | 312 |
2018 | 306 | 303 |
2019 | 296 | 293 |
2020 | 284 | 281 |
2021 | 272 | 268 |
2022 | 259 | 255 |
2023 | 245 | 240 |
2024 | 230 | 225 |
2025 | 214 | 210 |
2026 | 198 | 193 |
2027 | 181 | 176 |
2028 | 164 | 158 |
2029 | 145 | 139 |
2030 | 127 | 120 |
2031 | 107 | 100 |
2032 | 87 | 80 |
2033 | 67 | 59 |
2034 | 46 | 38 |
2035 | 25 | 17 |
2036 | 4 | -5 |
2037 | -18 | -28 |
2038 | -40 | -50 |
2039 | -62 | -73 |
2040 | -85 | -96 |
2041 | -108 | -119 |
2042 | -130 | -142 |
2043 | -153 | -166 |
2044 | -176 | -189 |
2045 | -200 | -213 |
2046 | -223 | -237 |
2047 | -247 | -262 |
2048 | -271 | -286 |
2049 | -295 | -311 |
2050 | -319 | -336 |
2051 | -343 | -361 |
2052 | -368 | -387 |
2053 | -393 | -412 |
2054 | -418 | -438 |
2055 | -443 | -464 |
2056 | -468 | -490 |
2057 | -494 | -517 |
2058 | -521 | -544 |
2059 | -548 | -572 |
2060 | -575 | -600 |
2061 | -602 | -628 |
2062 | -630 | -657 |
2063 | -659 | -686 |
2064 | -687 | -716 |
2065 | -716 | -746 |
2066 | -746 | -776 |
2067 | -775 | -806 |
2068 | -805 | -837 |
2069 | -835 | -868 |
2070 | -866 | -899 |
2071 | -897 | -931 |
2072 | -928 | -963 |
2073 | -960 | -996 |
2074 | -992 | -1029 |
2075 | -1025 | -1062 |
2076 | -1058 | -1096 |
2077 | -1092 | -1131 |
2078 | -1126 | -1166 |
2079 | -1161 | -1201 |
2080 | -1196 | -1238 |
2081 | -1232 | -1274 |
2082 | -1268 | -1312 |
2083 | -1305 | -1350 |
2084 | -1342 | -1388 |
2085 | -1380 | -1427 |
2086 | -1419 | -1466 |
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