Detailed Single Year Tables

Cost-of-Living Adjustment	Description of Proposed Provision: Starting December 2016, 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.

			Financial Estimates for the OASDI Trust Fund Program

	Proposal				Change from Present Law
	Expressed as a percentage of present-law taxable payroll			Trust fund ratio as of January 1	Expressed as a percentage of present-law taxable payroll
Calendar year	Cost rate	Income rate	Annual balance	Trust fund ratio as of January 1	Cost rate	Income rate	Annual balance
2015	14.13	12.82	-1.31	308	0.00	0.00	0.00
2016	13.88	12.88	-1.00	298	0.00	0.00	0.00
2017	13.91	12.91	-1.00	280	0.01	0.00	-0.01
2018	13.99	12.94	-1.06	263	0.02	0.00	-0.02
2019	14.12	12.95	-1.17	248	0.03	0.00	-0.03
2020	14.27	12.97	-1.30	232	0.04	0.00	-0.04
2021	14.40	12.99	-1.41	217	0.05	0.00	-0.05
2022	14.58	13.02	-1.56	202	0.06	0.00	-0.05
2023	14.78	13.03	-1.75	186	0.06	0.00	-0.06
2024	15.02	13.07	-1.95	170	0.06	0.00	-0.06
2025	15.23	13.08	-2.15	155	0.07	0.00	-0.06
2026	15.43	13.10	-2.33	139	0.07	0.00	-0.07
2027	15.63	13.12	-2.51	123	0.07	0.00	-0.07
2028	15.82	13.13	-2.69	107	0.07	0.00	-0.07
2029	16.01	13.15	-2.86	90	0.08	0.00	-0.07
2030	16.17	13.16	-3.02	73	0.08	0.00	-0.07
2031	16.32	13.17	-3.15	55	0.08	0.00	-0.08
2032	16.46	13.18	-3.28	36	0.09	0.00	-0.08
2033	16.57	13.19	-3.38	17	0.09	0.00	-0.08
2034	16.64	13.20	-3.45	----	0.09	0.00	-0.09
2035	16.71	13.20	-3.51	----	0.09	0.00	-0.09
2036	16.77	13.21	-3.57	----	0.09	0.01	-0.09
2037	16.81	13.21	-3.60	----	0.10	0.01	-0.09
2038	16.83	13.22	-3.61	----	0.10	0.01	-0.09
2039	16.83	13.22	-3.61	----	0.10	0.01	-0.09
2040	16.81	13.22	-3.59	----	0.10	0.01	-0.10
2041	16.79	13.22	-3.57	----	0.10	0.01	-0.10
2042	16.77	13.22	-3.55	----	0.11	0.01	-0.10
2043	16.75	13.22	-3.53	----	0.11	0.01	-0.10
2044	16.73	13.22	-3.50	----	0.11	0.01	-0.10
2045	16.71	13.22	-3.49	----	0.11	0.01	-0.11
2046	16.69	13.22	-3.47	----	0.11	0.01	-0.11
2047	16.68	13.22	-3.45	----	0.12	0.01	-0.11
2048	16.67	13.22	-3.44	----	0.12	0.01	-0.11
2049	16.66	13.23	-3.44	----	0.12	0.01	-0.12
2050	16.67	13.23	-3.44	----	0.12	0.01	-0.12
2051	16.68	13.23	-3.45	----	0.13	0.01	-0.12
2052	16.70	13.23	-3.47	----	0.13	0.01	-0.12
2053	16.73	13.23	-3.49	----	0.12	0.01	-0.12
2054	16.76	13.24	-3.53	----	0.12	0.01	-0.11
2055	16.81	13.24	-3.57	----	0.12	0.01	-0.11
2056	16.86	13.24	-3.61	----	0.12	0.01	-0.11
2057	16.91	13.25	-3.66	----	0.12	0.01	-0.11
2058	16.96	13.25	-3.71	----	0.11	0.01	-0.11
2059	17.01	13.25	-3.76	----	0.11	0.01	-0.11
2060	17.06	13.26	-3.81	----	0.11	0.01	-0.11
2061	17.11	13.26	-3.85	----	0.11	0.01	-0.10
2062	17.17	13.27	-3.90	----	0.11	0.01	-0.10
2063	17.22	13.27	-3.95	----	0.11	0.01	-0.10
2064	17.27	13.27	-4.00	----	0.11	0.01	-0.10
2065	17.32	13.28	-4.05	----	0.11	0.01	-0.10
2066	17.38	13.28	-4.10	----	0.11	0.01	-0.10
2067	17.44	13.28	-4.15	----	0.11	0.01	-0.10
2068	17.50	13.29	-4.21	----	0.11	0.01	-0.10
2069	17.56	13.29	-4.26	----	0.11	0.01	-0.10
2070	17.61	13.29	-4.32	----	0.11	0.01	-0.10
2071	17.66	13.30	-4.37	----	0.11	0.01	-0.11
2072	17.71	13.30	-4.41	----	0.11	0.01	-0.10
2073	17.74	13.30	-4.44	----	0.11	0.01	-0.10
2074	17.77	13.31	-4.47	----	0.11	0.01	-0.10
2075	17.79	13.31	-4.48	----	0.11	0.01	-0.10
2076	17.80	13.31	-4.50	----	0.11	0.01	-0.10
2077	17.81	13.31	-4.50	----	0.11	0.01	-0.10
2078	17.81	13.31	-4.50	----	0.11	0.01	-0.10
2079	17.81	13.31	-4.51	----	0.11	0.01	-0.10
2080	17.82	13.31	-4.51	----	0.11	0.01	-0.10
2081	17.82	13.31	-4.51	----	0.11	0.01	-0.10
2082	17.84	13.31	-4.53	----	0.11	0.01	-0.10
2083	17.86	13.31	-4.55	----	0.11	0.01	-0.10
2084	17.89	13.31	-4.57	----	0.11	0.01	-0.10
2085	17.92	13.31	-4.61	----	0.11	0.01	-0.11
2086	17.96	13.32	-4.64	----	0.11	0.01	-0.11
2087	18.00	13.32	-4.68	----	0.11	0.01	-0.11
2088	18.04	13.32	-4.72	----	0.11	0.01	-0.11
2089	18.09	13.32	-4.76	----	0.12	0.01	-0.11
2090	18.13	13.33	-4.80	----	0.12	0.01	-0.11

				Summarized Estimates

	Proposal				Change from Present Law
Years	Cost rate	Income rate	Actuarial balance	Year of reserve depletion¹	Cost rate	Income rate	Actuarial balance

Based on Intermediate Assumptions of the 2015 Trustees Report.
2015-2089	16.64%	13.87%	-2.77%	2033	0.09%	0.01%	-0.09%

¹ Under present law, the year of Trust Fund reserve depletion is 2034.


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Detailed Single Year Tables

Description of Proposed Provision: Starting December 2016, 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.

Financial Estimates for the OASDI Trust Fund Program

Summarized Estimates

Description of Proposed Provision:
Starting December 2016, 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.