Proposed Provision: A3. Starting December 2024, 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 |
| 2023 | 204 | 204 |
| 2024 | 187 | 187 |
| 2025 | 168 | 168 |
| 2026 | 149 | 150 |
| 2027 | 131 | 133 |
| 2028 | 114 | 116 |
| 2029 | 96 | 100 |
| 2030 | 78 | 83 |
| 2031 | 60 | 67 |
| 2032 | 43 | 51 |
| 2033 | 25 | 34 |
| 2034 | 7 | 18 |
| 2035 | -12 | 1 |
| 2036 | -31 | -16 |
| 2037 | -51 | -33 |
| 2038 | -70 | -51 |
| 2039 | -91 | -69 |
| 2040 | -112 | -87 |
| 2041 | -133 | -106 |
| 2042 | -154 | -124 |
| 2043 | -176 | -143 |
| 2044 | -198 | -162 |
| 2045 | -220 | -181 |
| 2046 | -243 | -200 |
| 2047 | -265 | -220 |
| 2048 | -288 | -239 |
| 2049 | -311 | -258 |
| 2050 | -333 | -278 |
| 2051 | -357 | -298 |
| 2052 | -380 | -318 |
| 2053 | -403 | -337 |
| 2054 | -427 | -357 |
| 2055 | -450 | -378 |
| 2056 | -474 | -398 |
| 2057 | -498 | -418 |
| 2058 | -522 | -439 |
| 2059 | -547 | -460 |
| 2060 | -572 | -482 |
| 2061 | -597 | -504 |
| 2062 | -623 | -527 |
| 2063 | -650 | -550 |
| 2064 | -677 | -574 |
| 2065 | -705 | -598 |
| 2066 | -733 | -623 |
| 2067 | -762 | -648 |
| 2068 | -791 | -673 |
| 2069 | -820 | -699 |
| 2070 | -850 | -725 |
| 2071 | -880 | -752 |
| 2072 | -911 | -779 |
| 2073 | -942 | -806 |
| 2074 | -974 | -834 |
| 2075 | -1006 | -862 |
| 2076 | -1039 | -892 |
| 2077 | -1074 | -921 |
| 2078 | -1108 | -952 |
| 2079 | -1144 | -984 |
| 2080 | -1181 | -1016 |
| 2081 | -1218 | -1049 |
| 2082 | -1256 | -1082 |
| 2083 | -1294 | -1116 |
| 2084 | -1333 | -1150 |
| 2085 | -1373 | -1184 |
| 2086 | -1413 | -1219 |
| 2087 | -1453 | -1254 |
| 2088 | -1494 | -1289 |
| 2089 | -1534 | -1324 |
| 2090 | -1574 | -1358 |
| 2091 | -1613 | -1392 |
| 2092 | -1651 | -1426 |
| 2093 | -1689 | -1458 |
| 2094 | -1726 | -1490 |
| 2095 | -1762 | -1521 |
| 2096 | -1798 | -1552 |
| 2097 | -1833 | -1582 |
| 2098 | -1868 | -1612 |
back