Proposed Provision: A7. Starting December 2022, 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
2021253253
2022231231
2023214216
2024196200
2025178185
2026159170
2027141155
2028122141
2029104127
203085112
20316699
20324685
20332772
2034758
2035-1346
2036-3333
2037-5420
2038-767
2039-97-5
2040-119-18
2041-142-31
2042-165-44
2043-188-57
2044-211-69
2045-235-82
2046-258-95
2047-282-107
2048-306-120
2049-330-132
2050-354-145
2051-378-157
2052-403-170
2053-427-183
2054-452-196
2055-477-209
2056-502-222
2057-527-236
2058-552-249
2059-578-263
2060-604-278
2061-630-292
2062-657-307
2063-684-322
2064-712-338
2065-740-354
2066-768-370
2067-796-387
2068-825-403
2069-855-420
2070-884-438
2071-914-455
2072-945-473
2073-976-492
2074-1007-510
2075-1039-529
2076-1071-549
2077-1105-569
2078-1139-589
2079-1175-611
2080-1211-632
2081-1248-654
2082-1286-676
2083-1324-698
2084-1363-721
2085-1403-744
2086-1443-767
2087-1483-790
2088-1524-813
2089-1564-835
2090-1604-857
2091-1643-878
2092-1681-898
2093-1718-918
2094-1754-938
2095-1789-957
2096-1825-975
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