Proposed Provision: A3. Starting December 2026, compute the COLA using a chained version of the consumer price index for wage and salary workers (CPI-W). We estimate this new computation will reduce the annual COLA by about 0.3 percentage point, on average.

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

Year Current Law Provision
2025169169
2026149149
2027131131
2028113114
20299597
20307880
20316064
20324348
20332632
2034916
2035-90
2036-27-16
2037-45-32
2038-63-49
2039-83-66
2040-102-83
2041-122-101
2042-143-119
2043-164-137
2044-185-156
2045-206-174
2046-228-193
2047-250-212
2048-272-231
2049-295-250
2050-317-269
2051-340-289
2052-363-308
2053-386-328
2054-409-348
2055-433-368
2056-457-389
2057-481-410
2058-505-431
2059-530-452
2060-556-475
2061-582-497
2062-609-521
2063-636-545
2064-664-569
2065-692-594
2066-721-619
2067-750-645
2068-780-671
2069-810-697
2070-840-724
2071-871-751
2072-903-779
2073-935-807
2074-967-836
2075-1000-866
2076-1035-896
2077-1070-927
2078-1106-959
2079-1142-992
2080-1180-1025
2081-1219-1059
2082-1258-1094
2083-1298-1129
2084-1338-1165
2085-1380-1202
2086-1423-1240
2087-1466-1278
2088-1510-1317
2089-1554-1356
2090-1599-1395
2091-1643-1434
2092-1687-1473
2093-1731-1511
2094-1774-1548
2095-1816-1585
2096-1858-1622
2097-1900-1658
2098-1941-1694
2099-1982-1730
2100-2022-1765
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