Proposed Provision: A3. Starting December 2023, 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 |
| 2022 | 230 | 230 |
| 2023 | 211 | 211 |
| 2024 | 194 | 195 |
| 2025 | 177 | 178 |
| 2026 | 160 | 162 |
| 2027 | 143 | 146 |
| 2028 | 126 | 130 |
| 2029 | 109 | 114 |
| 2030 | 91 | 98 |
| 2031 | 74 | 83 |
| 2032 | 57 | 67 |
| 2033 | 39 | 51 |
| 2034 | 21 | 35 |
| 2035 | 3 | 19 |
| 2036 | -16 | 2 |
| 2037 | -35 | -14 |
| 2038 | -54 | -31 |
| 2039 | -74 | -49 |
| 2040 | -95 | -67 |
| 2041 | -116 | -85 |
| 2042 | -137 | -103 |
| 2043 | -158 | -121 |
| 2044 | -180 | -140 |
| 2045 | -202 | -158 |
| 2046 | -224 | -177 |
| 2047 | -246 | -196 |
| 2048 | -268 | -215 |
| 2049 | -291 | -234 |
| 2050 | -313 | -253 |
| 2051 | -336 | -273 |
| 2052 | -359 | -292 |
| 2053 | -383 | -312 |
| 2054 | -406 | -332 |
| 2055 | -430 | -352 |
| 2056 | -453 | -372 |
| 2057 | -477 | -392 |
| 2058 | -501 | -412 |
| 2059 | -525 | -433 |
| 2060 | -550 | -455 |
| 2061 | -575 | -476 |
| 2062 | -601 | -498 |
| 2063 | -627 | -521 |
| 2064 | -654 | -544 |
| 2065 | -681 | -567 |
| 2066 | -708 | -591 |
| 2067 | -736 | -615 |
| 2068 | -764 | -639 |
| 2069 | -792 | -664 |
| 2070 | -821 | -689 |
| 2071 | -850 | -715 |
| 2072 | -880 | -740 |
| 2073 | -910 | -767 |
| 2074 | -940 | -793 |
| 2075 | -971 | -820 |
| 2076 | -1003 | -848 |
| 2077 | -1036 | -877 |
| 2078 | -1069 | -906 |
| 2079 | -1104 | -936 |
| 2080 | -1139 | -967 |
| 2081 | -1175 | -998 |
| 2082 | -1212 | -1030 |
| 2083 | -1249 | -1063 |
| 2084 | -1286 | -1095 |
| 2085 | -1324 | -1129 |
| 2086 | -1363 | -1162 |
| 2087 | -1402 | -1196 |
| 2088 | -1442 | -1230 |
| 2089 | -1481 | -1264 |
| 2090 | -1520 | -1297 |
| 2091 | -1558 | -1330 |
| 2092 | -1595 | -1362 |
| 2093 | -1632 | -1394 |
| 2094 | -1668 | -1424 |
| 2095 | -1703 | -1455 |
| 2096 | -1738 | -1484 |
| 2097 | -1773 | -1514 |
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