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
2020261261
2021248248
2022233233
2023217216
2024200199
2025183182
2026165164
2027148146
2028130128
2029112110
20309491
20317673
20325854
20333935
20342016
20351-4
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
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