Proposed Provision: A5. Starting December 2023, 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 |
| 2022 | 230 | 230 |
| 2023 | 211 | 211 |
| 2024 | 194 | 194 |
| 2025 | 177 | 177 |
| 2026 | 160 | 159 |
| 2027 | 143 | 142 |
| 2028 | 126 | 124 |
| 2029 | 109 | 107 |
| 2030 | 91 | 90 |
| 2031 | 74 | 72 |
| 2032 | 57 | 54 |
| 2033 | 39 | 36 |
| 2034 | 21 | 18 |
| 2035 | 3 | -1 |
| 2036 | -16 | -20 |
| 2037 | -35 | -40 |
| 2038 | -54 | -60 |
| 2039 | -74 | -80 |
| 2040 | -95 | -101 |
| 2041 | -116 | -123 |
| 2042 | -137 | -144 |
| 2043 | -158 | -166 |
| 2044 | -180 | -189 |
| 2045 | -202 | -211 |
| 2046 | -224 | -234 |
| 2047 | -246 | -257 |
| 2048 | -268 | -279 |
| 2049 | -291 | -303 |
| 2050 | -313 | -326 |
| 2051 | -336 | -349 |
| 2052 | -359 | -373 |
| 2053 | -383 | -397 |
| 2054 | -406 | -421 |
| 2055 | -430 | -445 |
| 2056 | -453 | -470 |
| 2057 | -477 | -494 |
| 2058 | -501 | -519 |
| 2059 | -525 | -544 |
| 2060 | -550 | -569 |
| 2061 | -575 | -595 |
| 2062 | -601 | -621 |
| 2063 | -627 | -648 |
| 2064 | -654 | -676 |
| 2065 | -681 | -703 |
| 2066 | -708 | -731 |
| 2067 | -736 | -760 |
| 2068 | -764 | -788 |
| 2069 | -792 | -817 |
| 2070 | -821 | -847 |
| 2071 | -850 | -877 |
| 2072 | -880 | -907 |
| 2073 | -910 | -937 |
| 2074 | -940 | -968 |
| 2075 | -971 | -1000 |
| 2076 | -1003 | -1032 |
| 2077 | -1036 | -1065 |
| 2078 | -1069 | -1099 |
| 2079 | -1104 | -1134 |
| 2080 | -1139 | -1170 |
| 2081 | -1175 | -1207 |
| 2082 | -1212 | -1245 |
| 2083 | -1249 | -1283 |
| 2084 | -1286 | -1321 |
| 2085 | -1324 | -1360 |
| 2086 | -1363 | -1400 |
| 2087 | -1402 | -1440 |
| 2088 | -1442 | -1480 |
| 2089 | -1481 | -1520 |
| 2090 | -1520 | -1560 |
| 2091 | -1558 | -1599 |
| 2092 | -1595 | -1637 |
| 2093 | -1632 | -1674 |
| 2094 | -1668 | -1711 |
| 2095 | -1703 | -1747 |
| 2096 | -1738 | -1783 |
| 2097 | -1773 | -1818 |
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