Proposed Provision: Starting December 2013, reduce the annual COLA by 1 percentage point, but not to less than zero. In cases where the unreduced COLA is less than 1 percentage point, do not carry over the unused reduction into future years.

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

Year Present Law Provision
2012340340
2013329329
2014315318
2015302308
2016290300
2017277292
2018265285
2019253278
2020240270
2021227262
2022212254
2023197245
2024181235
2025164225
2026147215
2027129204
2028110193
202990181
203070169
203149156
203227143
20335130
2034-18117
2035-41104
2036-6590
2037-8977
2038-11464
2039-13850
2040-16337
2041-18924
2042-21511
2043-240-2
2044-266-15
2045-292-28
2046-319-41
2047-346-54
2048-373-68
2049-400-81
2050-428-94
2051-456-107
2052-484-121
2053-512-134
2054-540-148
2055-569-162
2056-598-176
2057-628-190
2058-657-205
2059-688-219
2060-719-235
2061-750-250
2062-782-266
2063-814-281
2064-847-297
2065-880-313
2066-913-330
2067-946-346
2068-980-363
2069-1014-380
2070-1049-397
2071-1084-415
2072-1120-432
2073-1156-451
2074-1193-469
2075-1230-488
2076-1268-507
2077-1307-527
2078-1346-547
2079-1385-567
2080-1425-587
2081-1465-608
2082-1505-629
2083-1547-650
2084-1588-672
2085-1631-694
2086-1673-716
2087-1717-739
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