Proposed Provision: A4. Starting December 2028, 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. The new COLA will not apply to DI benefits. It will apply to OASI benefits, except for those of formerly disabled-workers who converted to retired-worker status.

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

Year Current Law Provision
2025169169
2026149149
2027131131
2028113113
20299596
20307878
20316062
20324345
20332628
2034912
2035-9-5
2036-27-21
2037-45-38
2038-63-55
2039-83-73
2040-102-91
2041-122-109
2042-143-128
2043-164-147
2044-185-166
2045-206-185
2046-228-205
2047-250-224
2048-272-244
2049-295-264
2050-317-284
2051-340-304
2052-363-325
2053-386-345
2054-409-366
2055-433-387
2056-457-408
2057-481-429
2058-505-451
2059-530-473
2060-556-496
2061-582-520
2062-609-544
2063-636-568
2064-664-593
2065-692-619
2066-721-645
2067-750-671
2068-780-698
2069-810-725
2070-840-753
2071-871-781
2072-903-809
2073-935-838
2074-967-868
2075-1000-898
2076-1035-929
2077-1070-961
2078-1106-994
2079-1142-1027
2080-1180-1062
2081-1219-1097
2082-1258-1132
2083-1298-1169
2084-1338-1206
2085-1380-1244
2086-1423-1283
2087-1466-1322
2088-1510-1362
2089-1554-1402
2090-1599-1442
2091-1643-1482
2092-1687-1522
2093-1731-1561
2094-1774-1600
2095-1816-1638
2096-1858-1676
2097-1900-1713
2098-1941-1750
2099-1982-1786
2100-2022-1823
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