Proposed Provision: A5. Starting December 2022, 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 |
| 2021 | 253 | 253 |
| 2022 | 231 | 231 |
| 2023 | 214 | 214 |
| 2024 | 196 | 195 |
| 2025 | 178 | 177 |
| 2026 | 159 | 158 |
| 2027 | 141 | 140 |
| 2028 | 122 | 121 |
| 2029 | 104 | 102 |
| 2030 | 85 | 83 |
| 2031 | 66 | 63 |
| 2032 | 46 | 44 |
| 2033 | 27 | 24 |
| 2034 | 7 | 4 |
| 2035 | -13 | -17 |
| 2036 | -33 | -38 |
| 2037 | -54 | -59 |
| 2038 | -76 | -81 |
| 2039 | -97 | -103 |
| 2040 | -119 | -126 |
| 2041 | -142 | -149 |
| 2042 | -165 | -172 |
| 2043 | -188 | -196 |
| 2044 | -211 | -220 |
| 2045 | -235 | -244 |
| 2046 | -258 | -268 |
| 2047 | -282 | -292 |
| 2048 | -306 | -317 |
| 2049 | -330 | -342 |
| 2050 | -354 | -367 |
| 2051 | -378 | -392 |
| 2052 | -403 | -417 |
| 2053 | -427 | -442 |
| 2054 | -452 | -467 |
| 2055 | -477 | -493 |
| 2056 | -502 | -519 |
| 2057 | -527 | -544 |
| 2058 | -552 | -570 |
| 2059 | -578 | -596 |
| 2060 | -604 | -623 |
| 2061 | -630 | -650 |
| 2062 | -657 | -678 |
| 2063 | -684 | -705 |
| 2064 | -712 | -734 |
| 2065 | -740 | -762 |
| 2066 | -768 | -791 |
| 2067 | -796 | -821 |
| 2068 | -825 | -850 |
| 2069 | -855 | -880 |
| 2070 | -884 | -910 |
| 2071 | -914 | -941 |
| 2072 | -945 | -972 |
| 2073 | -976 | -1003 |
| 2074 | -1007 | -1035 |
| 2075 | -1039 | -1067 |
| 2076 | -1071 | -1101 |
| 2077 | -1105 | -1135 |
| 2078 | -1139 | -1170 |
| 2079 | -1175 | -1206 |
| 2080 | -1211 | -1243 |
| 2081 | -1248 | -1281 |
| 2082 | -1286 | -1319 |
| 2083 | -1324 | -1358 |
| 2084 | -1363 | -1398 |
| 2085 | -1403 | -1439 |
| 2086 | -1443 | -1479 |
| 2087 | -1483 | -1521 |
| 2088 | -1524 | -1562 |
| 2089 | -1564 | -1604 |
| 2090 | -1604 | -1644 |
| 2091 | -1643 | -1684 |
| 2092 | -1681 | -1723 |
| 2093 | -1718 | -1760 |
| 2094 | -1754 | -1797 |
| 2095 | -1789 | -1834 |
| 2096 | -1825 | -1870 |
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