Detailed Single Year Tables
Description of Proposed Provision:
A6: Starting December 2026, compute the COLA using the Consumer Price Index for the Elderly (CPI-E). We estimate this new computation will increase the annual COLA by about 0.2 percentage point, on average.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2024 | 14.71 | 13.03 | -1.68 | 188 | 0.00 | 0.00 | 0.00 | ||
| 2025 | 15.00 | 12.89 | -2.11 | 171 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.20 | 13.07 | -2.13 | 152 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.39 | 13.11 | -2.28 | 134 | 0.03 | 0.00 | -0.03 | ||
| 2028 | 15.48 | 13.14 | -2.34 | 117 | 0.06 | 0.00 | -0.06 | ||
| 2029 | 15.56 | 13.17 | -2.39 | 100 | 0.09 | 0.00 | -0.08 | ||
| 2030 | 15.65 | 13.18 | -2.46 | 83 | 0.12 | 0.01 | -0.11 | ||
| 2031 | 15.72 | 13.21 | -2.51 | 66 | 0.15 | 0.01 | -0.14 | ||
| 2032 | 15.78 | 13.23 | -2.55 | 50 | 0.17 | 0.01 | -0.16 | ||
| 2033 | 15.86 | 13.28 | -2.59 | 33 | 0.20 | 0.01 | -0.19 | ||
| 2034 | 16.00 | 13.29 | -2.71 | 17 | 0.23 | 0.01 | -0.21 | ||
| 2035 | 16.14 | 13.30 | -2.84 | 1 | 0.25 | 0.01 | -0.24 | ||
| 2036 | 16.27 | 13.31 | -2.95 | — | 0.28 | 0.02 | -0.26 | ||
| 2037 | 16.39 | 13.32 | -3.07 | — | 0.30 | 0.02 | -0.28 | ||
| 2038 | 16.50 | 13.33 | -3.17 | — | 0.32 | 0.02 | -0.30 | ||
| 2039 | 16.59 | 13.34 | -3.26 | — | 0.34 | 0.02 | -0.32 | ||
| 2040 | 16.68 | 13.35 | -3.34 | — | 0.36 | 0.02 | -0.34 | ||
| 2041 | 16.76 | 13.35 | -3.41 | — | 0.38 | 0.02 | -0.36 | ||
| 2042 | 16.83 | 13.36 | -3.47 | — | 0.40 | 0.02 | -0.37 | ||
| 2043 | 16.89 | 13.36 | -3.53 | — | 0.41 | 0.02 | -0.39 | ||
| 2044 | 16.95 | 13.37 | -3.58 | — | 0.43 | 0.03 | -0.40 | ||
| 2045 | 16.99 | 13.37 | -3.62 | — | 0.44 | 0.03 | -0.41 | ||
| 2046 | 17.04 | 13.38 | -3.66 | — | 0.45 | 0.03 | -0.42 | ||
| 2047 | 17.09 | 13.38 | -3.71 | — | 0.46 | 0.03 | -0.43 | ||
| 2048 | 17.13 | 13.38 | -3.75 | — | 0.47 | 0.03 | -0.44 | ||
| 2049 | 17.19 | 13.39 | -3.80 | — | 0.48 | 0.03 | -0.45 | ||
| 2050 | 17.25 | 13.39 | -3.85 | — | 0.49 | 0.03 | -0.46 | ||
| 2051 | 17.30 | 13.40 | -3.91 | — | 0.49 | 0.03 | -0.46 | ||
| 2052 | 17.37 | 13.40 | -3.97 | — | 0.50 | 0.03 | -0.47 | ||
| 2053 | 17.44 | 13.41 | -4.03 | — | 0.50 | 0.03 | -0.47 | ||
| 2054 | 17.51 | 13.42 | -4.10 | — | 0.51 | 0.03 | -0.48 | ||
| 2055 | 17.59 | 13.42 | -4.17 | — | 0.51 | 0.03 | -0.48 | ||
| 2056 | 17.68 | 13.43 | -4.25 | — | 0.52 | 0.03 | -0.49 | ||
| 2057 | 17.77 | 13.44 | -4.33 | — | 0.52 | 0.03 | -0.49 | ||
| 2058 | 17.86 | 13.44 | -4.42 | — | 0.53 | 0.03 | -0.50 | ||
| 2059 | 17.95 | 13.45 | -4.50 | — | 0.53 | 0.03 | -0.50 | ||
| 2060 | 18.04 | 13.46 | -4.58 | — | 0.54 | 0.03 | -0.50 | ||
| 2061 | 18.12 | 13.46 | -4.66 | — | 0.54 | 0.03 | -0.51 | ||
| 2062 | 18.20 | 13.47 | -4.73 | — | 0.55 | 0.03 | -0.51 | ||
| 2063 | 18.27 | 13.48 | -4.80 | — | 0.55 | 0.03 | -0.52 | ||
| 2064 | 18.34 | 13.48 | -4.86 | — | 0.55 | 0.03 | -0.52 | ||
| 2065 | 18.41 | 13.49 | -4.92 | — | 0.56 | 0.03 | -0.52 | ||
| 2066 | 18.48 | 13.49 | -4.99 | — | 0.56 | 0.03 | -0.53 | ||
| 2067 | 18.55 | 13.50 | -5.05 | — | 0.57 | 0.04 | -0.53 | ||
| 2068 | 18.62 | 13.50 | -5.11 | — | 0.57 | 0.04 | -0.54 | ||
| 2069 | 18.69 | 13.51 | -5.18 | — | 0.57 | 0.04 | -0.54 | ||
| 2070 | 18.76 | 13.52 | -5.25 | — | 0.58 | 0.04 | -0.54 | ||
| 2071 | 18.83 | 13.52 | -5.31 | — | 0.58 | 0.04 | -0.55 | ||
| 2072 | 18.90 | 13.53 | -5.37 | — | 0.59 | 0.04 | -0.55 | ||
| 2073 | 18.97 | 13.53 | -5.43 | — | 0.59 | 0.04 | -0.55 | ||
| 2074 | 19.03 | 13.54 | -5.49 | — | 0.59 | 0.04 | -0.56 | ||
| 2075 | 19.08 | 13.54 | -5.54 | — | 0.60 | 0.04 | -0.56 | ||
| 2076 | 19.13 | 13.55 | -5.58 | — | 0.60 | 0.04 | -0.56 | ||
| 2077 | 19.16 | 13.55 | -5.62 | — | 0.60 | 0.04 | -0.57 | ||
| 2078 | 19.19 | 13.55 | -5.64 | — | 0.61 | 0.04 | -0.57 | ||
| 2079 | 19.20 | 13.55 | -5.65 | — | 0.61 | 0.04 | -0.57 | ||
| 2080 | 19.21 | 13.55 | -5.65 | — | 0.61 | 0.04 | -0.57 | ||
| 2081 | 19.20 | 13.55 | -5.65 | — | 0.61 | 0.04 | -0.57 | ||
| 2082 | 19.19 | 13.55 | -5.63 | — | 0.61 | 0.04 | -0.58 | ||
| 2083 | 19.16 | 13.55 | -5.61 | — | 0.61 | 0.04 | -0.58 | ||
| 2084 | 19.13 | 13.55 | -5.58 | — | 0.62 | 0.04 | -0.58 | ||
| 2085 | 19.09 | 13.55 | -5.54 | — | 0.62 | 0.04 | -0.58 | ||
| 2086 | 19.04 | 13.55 | -5.49 | — | 0.62 | 0.04 | -0.58 | ||
| 2087 | 18.98 | 13.54 | -5.44 | — | 0.62 | 0.04 | -0.58 | ||
| 2088 | 18.92 | 13.54 | -5.38 | — | 0.62 | 0.04 | -0.58 | ||
| 2089 | 18.86 | 13.53 | -5.33 | — | 0.62 | 0.04 | -0.58 | ||
| 2090 | 18.80 | 13.53 | -5.27 | — | 0.61 | 0.04 | -0.58 | ||
| 2091 | 18.76 | 13.53 | -5.23 | — | 0.61 | 0.04 | -0.58 | ||
| 2092 | 18.72 | 13.52 | -5.19 | — | 0.61 | 0.04 | -0.57 | ||
| 2093 | 18.69 | 13.52 | -5.17 | — | 0.61 | 0.04 | -0.57 | ||
| 2094 | 18.68 | 13.52 | -5.16 | — | 0.61 | 0.04 | -0.57 | ||
| 2095 | 18.68 | 13.52 | -5.16 | — | 0.61 | 0.04 | -0.57 | ||
| 2096 | 18.69 | 13.52 | -5.17 | — | 0.61 | 0.04 | -0.57 | ||
| 2097 | 18.71 | 13.52 | -5.18 | — | 0.61 | 0.04 | -0.57 | ||
| 2098 | 18.74 | 13.53 | -5.21 | — | 0.61 | 0.04 | -0.57 | ||
| 2099 | 18.77 | 13.53 | -5.24 | — | 0.61 | 0.04 | -0.57 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2024-2098 | 17.75% | 13.83% | -3.92% | 2035 | 0.45% | 0.03% | -0.42% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2035. |
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Based on Intermediate Assumptions of the 2024 Trustees Report.