Proposed Provision: A7. Starting December 2021, 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 |
Current Law |
Provision |
| 2020 | 261 | 261 |
| 2021 | 248 | 248 |
| 2022 | 233 | 235 |
| 2023 | 217 | 222 |
| 2024 | 200 | 208 |
| 2025 | 183 | 194 |
| 2026 | 165 | 181 |
| 2027 | 148 | 168 |
| 2028 | 130 | 154 |
| 2029 | 112 | 141 |
| 2030 | 94 | 129 |
| 2031 | 76 | 117 |
| 2032 | 58 | 105 |
| 2033 | 39 | 93 |
| 2034 | 20 | 82 |
| 2035 | 1 | 71 |
| 2036 | -19 | 59 |
| 2037 | -38 | 48 |
| 2038 | -59 | 37 |
| 2039 | -80 | 26 |
| 2040 | -101 | 15 |
| 2041 | -122 | 3 |
| 2042 | -144 | -8 |
| 2043 | -166 | -19 |
| 2044 | -188 | -30 |
| 2045 | -210 | -40 |
| 2046 | -232 | -51 |
| 2047 | -255 | -61 |
| 2048 | -277 | -72 |
| 2049 | -299 | -82 |
| 2050 | -322 | -92 |
| 2051 | -344 | -103 |
| 2052 | -367 | -113 |
| 2053 | -389 | -123 |
| 2054 | -412 | -134 |
| 2055 | -434 | -144 |
| 2056 | -457 | -155 |
| 2057 | -480 | -166 |
| 2058 | -504 | -177 |
| 2059 | -527 | -189 |
| 2060 | -551 | -200 |
| 2061 | -575 | -212 |
| 2062 | -599 | -225 |
| 2063 | -624 | -238 |
| 2064 | -650 | -251 |
| 2065 | -676 | -264 |
| 2066 | -702 | -278 |
| 2067 | -728 | -292 |
| 2068 | -755 | -307 |
| 2069 | -782 | -322 |
| 2070 | -809 | -337 |
| 2071 | -837 | -352 |
| 2072 | -866 | -368 |
| 2073 | -895 | -385 |
| 2074 | -925 | -401 |
| 2075 | -955 | -418 |
| 2076 | -986 | -436 |
| 2077 | -1018 | -454 |
| 2078 | -1051 | -473 |
| 2079 | -1084 | -492 |
| 2080 | -1119 | -511 |
| 2081 | -1154 | -531 |
| 2082 | -1190 | -550 |
| 2083 | -1226 | -570 |
| 2084 | -1263 | -591 |
| 2085 | -1300 | -611 |
| 2086 | -1337 | -631 |
| 2087 | -1374 | -651 |
| 2088 | -1411 | -671 |
| 2089 | -1448 | -690 |
| 2090 | -1484 | -709 |
| 2091 | -1520 | -728 |
| 2092 | -1554 | -747 |
| 2093 | -1589 | -765 |
| 2094 | -1623 | -783 |
| 2095 | -1657 | -801 |
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