Proposed Provision: A8. Starting December 2022, for OASI beneficiaries only (DI beneficiaries would only be affected when their benefit converts to OASI at NRA), the annual COLA would be based on the chain-weighted version of the CPI-U.

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

Year Current Law Provision
2021253253
2022231231
2023214214
2024196197
2025178180
2026159162
2027141145
2028122128
2029104110
20308592
20316675
20324657
20332739
2034721
2035-133
2036-33-15
2037-54-34
2038-76-53
2039-97-73
2040-119-92
2041-142-112
2042-165-132
2043-188-153
2044-211-173
2045-235-194
2046-258-215
2047-282-235
2048-306-256
2049-330-277
2050-354-298
2051-378-319
2052-403-341
2053-427-362
2054-452-384
2055-477-406
2056-502-427
2057-527-449
2058-552-472
2059-578-494
2060-604-517
2061-630-540
2062-657-564
2063-684-588
2064-712-612
2065-740-637
2066-768-662
2067-796-688
2068-825-713
2069-855-739
2070-884-766
2071-914-793
2072-945-820
2073-976-847
2074-1007-875
2075-1039-904
2076-1071-933
2077-1105-963
2078-1139-994
2079-1175-1026
2080-1211-1058
2081-1248-1091
2082-1286-1125
2083-1324-1159
2084-1363-1194
2085-1403-1229
2086-1443-1265
2087-1483-1300
2088-1524-1337
2089-1564-1372
2090-1604-1407
2091-1643-1442
2092-1681-1475
2093-1718-1507
2094-1754-1539
2095-1789-1570
2096-1825-1601
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