Proposed Provision: A3. Starting December 2019, 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 |
| 2018 | 288 | 288 |
| 2019 | 272 | 272 |
| 2020 | 256 | 257 |
| 2021 | 239 | 241 |
| 2022 | 223 | 225 |
| 2023 | 206 | 209 |
| 2024 | 188 | 193 |
| 2025 | 171 | 178 |
| 2026 | 154 | 162 |
| 2027 | 137 | 147 |
| 2028 | 120 | 132 |
| 2029 | 104 | 117 |
| 2030 | 86 | 102 |
| 2031 | 69 | 86 |
| 2032 | 51 | 71 |
| 2033 | 33 | 55 |
| 2034 | 14 | 38 |
| 2035 | -5 | 22 |
| 2036 | -25 | 4 |
| 2037 | -46 | -13 |
| 2038 | -67 | -31 |
| 2039 | -88 | -49 |
| 2040 | -110 | -68 |
| 2041 | -132 | -87 |
| 2042 | -154 | -105 |
| 2043 | -176 | -124 |
| 2044 | -199 | -143 |
| 2045 | -221 | -162 |
| 2046 | -244 | -181 |
| 2047 | -267 | -199 |
| 2048 | -289 | -218 |
| 2049 | -312 | -237 |
| 2050 | -335 | -255 |
| 2051 | -358 | -274 |
| 2052 | -381 | -293 |
| 2053 | -403 | -312 |
| 2054 | -426 | -330 |
| 2055 | -450 | -349 |
| 2056 | -473 | -369 |
| 2057 | -496 | -388 |
| 2058 | -520 | -407 |
| 2059 | -544 | -427 |
| 2060 | -569 | -448 |
| 2061 | -594 | -468 |
| 2062 | -619 | -490 |
| 2063 | -645 | -511 |
| 2064 | -671 | -533 |
| 2065 | -698 | -556 |
| 2066 | -725 | -578 |
| 2067 | -752 | -602 |
| 2068 | -780 | -625 |
| 2069 | -808 | -649 |
| 2070 | -837 | -673 |
| 2071 | -866 | -698 |
| 2072 | -896 | -724 |
| 2073 | -927 | -750 |
| 2074 | -958 | -776 |
| 2075 | -990 | -803 |
| 2076 | -1023 | -831 |
| 2077 | -1057 | -860 |
| 2078 | -1092 | -890 |
| 2079 | -1128 | -921 |
| 2080 | -1165 | -952 |
| 2081 | -1202 | -984 |
| 2082 | -1240 | -1015 |
| 2083 | -1278 | -1048 |
| 2084 | -1316 | -1080 |
| 2085 | -1354 | -1112 |
| 2086 | -1392 | -1145 |
| 2087 | -1430 | -1177 |
| 2088 | -1468 | -1208 |
| 2089 | -1505 | -1240 |
| 2090 | -1543 | -1272 |
| 2091 | -1580 | -1303 |
| 2092 | -1618 | -1335 |
| 2093 | -1655 | -1367 |
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