Proposed Provision: Starting December 2014, 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 |
| 2013 | 330 | 330 |
| 2014 | 315 | 315 |
| 2015 | 301 | 303 |
| 2016 | 286 | 292 |
| 2017 | 271 | 281 |
| 2018 | 257 | 271 |
| 2019 | 244 | 263 |
| 2020 | 231 | 254 |
| 2021 | 218 | 246 |
| 2022 | 204 | 238 |
| 2023 | 189 | 229 |
| 2024 | 173 | 220 |
| 2025 | 158 | 211 |
| 2026 | 142 | 202 |
| 2027 | 125 | 192 |
| 2028 | 108 | 183 |
| 2029 | 90 | 173 |
| 2030 | 71 | 163 |
| 2031 | 52 | 152 |
| 2032 | 31 | 141 |
| 2033 | 11 | 129 |
| 2034 | -11 | 118 |
| 2035 | -32 | 106 |
| 2036 | -55 | 94 |
| 2037 | -78 | 82 |
| 2038 | -101 | 70 |
| 2039 | -124 | 58 |
| 2040 | -148 | 47 |
| 2041 | -172 | 35 |
| 2042 | -196 | 24 |
| 2043 | -220 | 12 |
| 2044 | -245 | 1 |
| 2045 | -269 | -10 |
| 2046 | -294 | -21 |
| 2047 | -319 | -33 |
| 2048 | -345 | -44 |
| 2049 | -371 | -56 |
| 2050 | -397 | -67 |
| 2051 | -423 | -79 |
| 2052 | -449 | -91 |
| 2053 | -476 | -103 |
| 2054 | -502 | -115 |
| 2055 | -530 | -128 |
| 2056 | -557 | -140 |
| 2057 | -585 | -154 |
| 2058 | -613 | -167 |
| 2059 | -642 | -181 |
| 2060 | -671 | -195 |
| 2061 | -701 | -210 |
| 2062 | -732 | -225 |
| 2063 | -763 | -241 |
| 2064 | -794 | -257 |
| 2065 | -826 | -273 |
| 2066 | -859 | -289 |
| 2067 | -892 | -306 |
| 2068 | -925 | -323 |
| 2069 | -959 | -341 |
| 2070 | -993 | -359 |
| 2071 | -1028 | -377 |
| 2072 | -1064 | -396 |
| 2073 | -1101 | -415 |
| 2074 | -1139 | -435 |
| 2075 | -1178 | -455 |
| 2076 | -1217 | -476 |
| 2077 | -1258 | -497 |
| 2078 | -1299 | -519 |
| 2079 | -1340 | -540 |
| 2080 | -1382 | -562 |
| 2081 | -1424 | -584 |
| 2082 | -1466 | -605 |
| 2083 | -1508 | -627 |
| 2084 | -1550 | -649 |
| 2085 | -1592 | -672 |
| 2086 | -1635 | -694 |
| 2087 | -1678 | -717 |
| 2088 | -1722 | -741 |
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