Proposed Provision: A5. Starting December 2021, 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 |
Current Law |
Provision |
| 2020 | 261 | 261 |
| 2021 | 248 | 248 |
| 2022 | 233 | 233 |
| 2023 | 217 | 216 |
| 2024 | 200 | 199 |
| 2025 | 183 | 182 |
| 2026 | 165 | 164 |
| 2027 | 148 | 146 |
| 2028 | 130 | 128 |
| 2029 | 112 | 110 |
| 2030 | 94 | 91 |
| 2031 | 76 | 73 |
| 2032 | 58 | 54 |
| 2033 | 39 | 35 |
| 2034 | 20 | 16 |
| 2035 | 1 | -4 |
| 2036 | -19 | -24 |
| 2037 | -38 | -44 |
| 2038 | -59 | -65 |
| 2039 | -80 | -86 |
| 2040 | -101 | -108 |
| 2041 | -122 | -130 |
| 2042 | -144 | -152 |
| 2043 | -166 | -174 |
| 2044 | -188 | -197 |
| 2045 | -210 | -220 |
| 2046 | -232 | -243 |
| 2047 | -255 | -266 |
| 2048 | -277 | -289 |
| 2049 | -299 | -312 |
| 2050 | -322 | -335 |
| 2051 | -344 | -358 |
| 2052 | -367 | -381 |
| 2053 | -389 | -404 |
| 2054 | -412 | -428 |
| 2055 | -434 | -451 |
| 2056 | -457 | -475 |
| 2057 | -480 | -499 |
| 2058 | -504 | -522 |
| 2059 | -527 | -547 |
| 2060 | -551 | -571 |
| 2061 | -575 | -596 |
| 2062 | -599 | -621 |
| 2063 | -624 | -647 |
| 2064 | -650 | -673 |
| 2065 | -676 | -699 |
| 2066 | -702 | -726 |
| 2067 | -728 | -753 |
| 2068 | -755 | -781 |
| 2069 | -782 | -808 |
| 2070 | -809 | -836 |
| 2071 | -837 | -865 |
| 2072 | -866 | -894 |
| 2073 | -895 | -924 |
| 2074 | -925 | -954 |
| 2075 | -955 | -985 |
| 2076 | -986 | -1016 |
| 2077 | -1018 | -1049 |
| 2078 | -1051 | -1082 |
| 2079 | -1084 | -1116 |
| 2080 | -1119 | -1151 |
| 2081 | -1154 | -1187 |
| 2082 | -1190 | -1224 |
| 2083 | -1226 | -1261 |
| 2084 | -1263 | -1299 |
| 2085 | -1300 | -1336 |
| 2086 | -1337 | -1375 |
| 2087 | -1374 | -1413 |
| 2088 | -1411 | -1451 |
| 2089 | -1448 | -1488 |
| 2090 | -1484 | -1525 |
| 2091 | -1520 | -1561 |
| 2092 | -1554 | -1597 |
| 2093 | -1589 | -1632 |
| 2094 | -1623 | -1667 |
| 2095 | -1657 | -1701 |
back