Proposed Provision: Starting December 2016, 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
2015308308
2016298298
2017280283
2018264270
2019248257
2020233246
2021219236
2022204226
2023189216
2024173206
2025157196
2026142187
2027126178
2028110169
202994160
203077151
203160142
203242132
203323123
20344113
2035-16103
2036-3693
2037-5782
2038-7872
2039-10062
2040-12251
2041-14441
2042-16631
2043-18921
2044-21112
2045-2342
2046-257-8
2047-280-17
2048-303-27
2049-327-37
2050-351-47
2051-375-56
2052-398-66
2053-423-76
2054-447-87
2055-472-97
2056-496-108
2057-522-120
2058-548-131
2059-574-143
2060-601-156
2061-629-169
2062-657-182
2063-685-196
2064-714-210
2065-744-224
2066-774-239
2067-804-254
2068-835-269
2069-867-285
2070-899-301
2071-932-318
2072-965-335
2073-1000-353
2074-1035-371
2075-1072-390
2076-1110-409
2077-1148-429
2078-1188-449
2079-1228-469
2080-1268-490
2081-1309-510
2082-1350-531
2083-1391-551
2084-1432-572
2085-1472-593
2086-1514-614
2087-1555-635
2088-1597-657
2089-1640-679
2090-1683-702
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