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
2022230230
2023211211
2024194194
2025177177
2026160159
2027143142
2028126124
2029109107
20309190
20317472
20325754
20333936
20342118
20353-1
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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