Proposed Provision: A9. For single/head-of-household/married-filing-separate taxpayers with modified adjusted gross income (MAGI) below $87,200 and for joint filers with MAGI below $174,400 for December 2019 ($85,000 and $170,000 multiplied by estimated CPI-U for 2019), use the chain-weighted version of the Consumer Price Index for All Urban Consumers (C-CPI-U) to calculate the cost-of-living adjustment (COLA), beginning with the December 2019 COLA. For those beneficiaries whose MAGI is above these thresholds, provide no COLA. Use prior tax year income data for this determination. Index the eligibility income threshold amounts to the CPI-U after December 2019.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2017298298
2018287287
2019273273
2020259260
2021245248
2022230235
2023215222
2024199208
2025182194
2026165180
2027148165
2028130151
2029112136
203094122
203175107
20325692
20333777
20341661
2035-445
2036-2629
2037-4713
2038-70-4
2039-92-20
2040-115-36
2041-138-53
2042-161-69
2043-184-85
2044-207-101
2045-230-116
2046-253-131
2047-276-147
2048-300-162
2049-323-177
2050-346-192
2051-370-207
2052-393-221
2053-417-236
2054-440-250
2055-464-265
2056-487-280
2057-511-295
2058-536-310
2059-560-325
2060-585-341
2061-611-357
2062-637-374
2063-663-390
2064-690-407
2065-717-424
2066-745-442
2067-772-459
2068-801-477
2069-829-496
2070-858-514
2071-888-533
2072-918-553
2073-949-573
2074-981-593
2075-1014-614
2076-1047-635
2077-1082-657
2078-1117-679
2079-1153-702
2080-1190-725
2081-1227-747
2082-1264-770
2083-1300-793
2084-1337-815
2085-1374-837
2086-1410-859
2087-1446-881
2088-1483-902
2089-1520-925
2090-1557-947
2091-1595-969
2092-1633-993
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