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Policy Option Projections

Below are our projections of the effects of various retirement policy proposals on Social Security beneficiaries. For each proposal, we also link to SSA's actuarial projections of the effects on the Social Security trust fund.

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  1. Benefit Formula
  2. Cost of Living
    Adjustment Changes
  3. Covered Worker
  4. Retirement
    Age Increases
  5. Taxation

Cost of Living Adjustment Changes

Details on current COLAs »

Proposal Start/End Date(s) Proposed by? Projected Effects on…
Beneficiaries in… Trust Fundsa
Increase the cost of living adjustment
Base it on the CPI-E 2016/NA NASI 2030 |  2050 |  2070 OACT A6
Reduce the cost of living adjustment
Base it on the Chained CPI 2013/NA SSAB 2030 |  2050 |  2070 OACT A3

NOTE: OACT = Office of the Chief Actuary, SSAB = Social Security Advisory Board.

a. Because the timing of OACT updates to Trust Fund projections may not coincide with the timing of our updates, the specifications used to make these projections (e.g., years and amounts) may differ.