Proposed Provision: Starting December 2015, 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
2014320320
2015306306
2016292295
2017277283
2018262272
2019248261
2020233251
2021219242
2022203232
2023187221
2024171211
2025154200
2026137189
2027119178
2028101167
202983156
203064145
203144134
203223122
20332110
2034-2097
2035-4285
2036-6572
2037-8859
2038-11247
2039-13634
2040-16021
2041-1859
2042-210-3
2043-235-16
2044-260-28
2045-285-40
2046-310-52
2047-336-64
2048-362-76
2049-388-89
2050-415-101
2051-442-113
2052-468-126
2053-495-139
2054-523-151
2055-550-165
2056-578-178
2057-606-192
2058-635-206
2059-664-221
2060-694-236
2061-725-252
2062-756-268
2063-787-284
2064-819-301
2065-852-318
2066-885-335
2067-918-353
2068-952-371
2069-987-389
2070-1022-408
2071-1057-428
2072-1094-447
2073-1132-468
2074-1171-489
2075-1210-510
2076-1251-532
2077-1293-555
2078-1335-578
2079-1378-600
2080-1421-623
2081-1464-647
2082-1507-670
2083-1550-693
2084-1593-716
2085-1636-740
2086-1680-763
2087-1724-787
2088-1769-812
2089-1814-837
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