Detailed Single Year Tables
Description of Proposed Provision:
A3: Starting December 2027, 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.
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 |
|||
| 2026 | 15.37 | 12.91 | -2.45 | 151 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.62 | 12.85 | -2.77 | 131 | 0.00 | 0.00 | 0.00 | ||
| 2028 | 15.66 | 13.01 | -2.65 | 111 | -0.05 | -0.00 | 0.04 | ||
| 2029 | 15.65 | 13.06 | -2.59 | 93 | -0.09 | -0.00 | 0.09 | ||
| 2030 | 15.60 | 13.07 | -2.54 | 76 | -0.13 | -0.01 | 0.13 | ||
| 2031 | 15.54 | 13.08 | -2.47 | 59 | -0.18 | -0.01 | 0.17 | ||
| 2032 | 15.50 | 13.08 | -2.42 | 43 | -0.22 | -0.01 | 0.21 | ||
| 2033 | 15.46 | 13.12 | -2.34 | 28 | -0.26 | -0.01 | 0.25 | ||
| 2034 | 15.44 | 13.12 | -2.32 | 13 | -0.30 | -0.01 | 0.28 | ||
| 2035 | 15.44 | 13.15 | -2.29 | — | -0.33 | -0.02 | 0.32 | ||
| 2036 | 15.48 | 13.15 | -2.33 | — | -0.37 | -0.02 | 0.35 | ||
| 2037 | 15.55 | 13.16 | -2.39 | — | -0.41 | -0.02 | 0.38 | ||
| 2038 | 15.61 | 13.16 | -2.44 | — | -0.44 | -0.02 | 0.42 | ||
| 2039 | 15.66 | 13.17 | -2.49 | — | -0.47 | -0.02 | 0.44 | ||
| 2040 | 15.71 | 13.17 | -2.53 | — | -0.50 | -0.03 | 0.47 | ||
| 2041 | 15.75 | 13.18 | -2.57 | — | -0.53 | -0.03 | 0.50 | ||
| 2042 | 15.79 | 13.18 | -2.61 | — | -0.55 | -0.03 | 0.52 | ||
| 2043 | 15.84 | 13.18 | -2.66 | — | -0.57 | -0.03 | 0.54 | ||
| 2044 | 15.90 | 13.19 | -2.71 | — | -0.60 | -0.03 | 0.56 | ||
| 2045 | 15.96 | 13.19 | -2.77 | — | -0.62 | -0.03 | 0.58 | ||
| 2046 | 16.00 | 13.19 | -2.81 | — | -0.63 | -0.03 | 0.60 | ||
| 2047 | 16.05 | 13.20 | -2.86 | — | -0.65 | -0.03 | 0.62 | ||
| 2048 | 16.11 | 13.20 | -2.91 | — | -0.66 | -0.03 | 0.63 | ||
| 2049 | 16.17 | 13.21 | -2.96 | — | -0.68 | -0.04 | 0.64 | ||
| 2050 | 16.24 | 13.21 | -3.03 | — | -0.69 | -0.04 | 0.65 | ||
| 2051 | 16.32 | 13.22 | -3.10 | — | -0.70 | -0.04 | 0.67 | ||
| 2052 | 16.41 | 13.22 | -3.19 | — | -0.71 | -0.04 | 0.68 | ||
| 2053 | 16.51 | 13.23 | -3.28 | — | -0.72 | -0.04 | 0.69 | ||
| 2054 | 16.62 | 13.23 | -3.38 | — | -0.73 | -0.04 | 0.69 | ||
| 2055 | 16.74 | 13.24 | -3.49 | — | -0.74 | -0.04 | 0.70 | ||
| 2056 | 16.86 | 13.25 | -3.61 | — | -0.75 | -0.04 | 0.71 | ||
| 2057 | 16.98 | 13.26 | -3.73 | — | -0.76 | -0.04 | 0.72 | ||
| 2058 | 17.11 | 13.27 | -3.84 | — | -0.77 | -0.04 | 0.73 | ||
| 2059 | 17.24 | 13.27 | -3.96 | — | -0.78 | -0.04 | 0.74 | ||
| 2060 | 17.36 | 13.28 | -4.08 | — | -0.79 | -0.04 | 0.74 | ||
| 2061 | 17.48 | 13.29 | -4.19 | — | -0.79 | -0.04 | 0.75 | ||
| 2062 | 17.59 | 13.30 | -4.30 | — | -0.80 | -0.04 | 0.76 | ||
| 2063 | 17.70 | 13.30 | -4.40 | — | -0.81 | -0.04 | 0.77 | ||
| 2064 | 17.81 | 13.31 | -4.50 | — | -0.82 | -0.04 | 0.77 | ||
| 2065 | 17.92 | 13.32 | -4.60 | — | -0.83 | -0.04 | 0.78 | ||
| 2066 | 18.02 | 13.32 | -4.70 | — | -0.84 | -0.04 | 0.79 | ||
| 2067 | 18.13 | 13.33 | -4.80 | — | -0.84 | -0.05 | 0.80 | ||
| 2068 | 18.23 | 13.34 | -4.90 | — | -0.85 | -0.05 | 0.81 | ||
| 2069 | 18.34 | 13.34 | -5.00 | — | -0.86 | -0.05 | 0.81 | ||
| 2070 | 18.46 | 13.35 | -5.10 | — | -0.87 | -0.05 | 0.82 | ||
| 2071 | 18.57 | 13.36 | -5.21 | — | -0.88 | -0.05 | 0.83 | ||
| 2072 | 18.68 | 13.37 | -5.31 | — | -0.89 | -0.05 | 0.84 | ||
| 2073 | 18.79 | 13.37 | -5.41 | — | -0.89 | -0.05 | 0.85 | ||
| 2074 | 18.89 | 13.38 | -5.51 | — | -0.90 | -0.05 | 0.85 | ||
| 2075 | 18.99 | 13.39 | -5.60 | — | -0.91 | -0.05 | 0.86 | ||
| 2076 | 19.08 | 13.39 | -5.69 | — | -0.92 | -0.05 | 0.87 | ||
| 2077 | 19.16 | 13.40 | -5.76 | — | -0.92 | -0.05 | 0.87 | ||
| 2078 | 19.23 | 13.40 | -5.83 | — | -0.93 | -0.05 | 0.88 | ||
| 2079 | 19.29 | 13.41 | -5.89 | — | -0.94 | -0.05 | 0.89 | ||
| 2080 | 19.35 | 13.41 | -5.94 | — | -0.94 | -0.05 | 0.89 | ||
| 2081 | 19.39 | 13.41 | -5.98 | — | -0.95 | -0.05 | 0.90 | ||
| 2082 | 19.43 | 13.42 | -6.01 | — | -0.95 | -0.05 | 0.90 | ||
| 2083 | 19.46 | 13.42 | -6.04 | — | -0.96 | -0.05 | 0.91 | ||
| 2084 | 19.48 | 13.42 | -6.06 | — | -0.96 | -0.05 | 0.91 | ||
| 2085 | 19.49 | 13.42 | -6.06 | — | -0.97 | -0.05 | 0.91 | ||
| 2086 | 19.48 | 13.42 | -6.06 | — | -0.97 | -0.05 | 0.92 | ||
| 2087 | 19.47 | 13.42 | -6.05 | — | -0.97 | -0.05 | 0.92 | ||
| 2088 | 19.44 | 13.42 | -6.02 | — | -0.97 | -0.05 | 0.92 | ||
| 2089 | 19.41 | 13.42 | -5.99 | — | -0.97 | -0.05 | 0.92 | ||
| 2090 | 19.37 | 13.42 | -5.96 | — | -0.98 | -0.05 | 0.92 | ||
| 2091 | 19.33 | 13.41 | -5.92 | — | -0.98 | -0.05 | 0.92 | ||
| 2092 | 19.29 | 13.41 | -5.88 | — | -0.98 | -0.05 | 0.92 | ||
| 2093 | 19.25 | 13.41 | -5.84 | — | -0.98 | -0.05 | 0.92 | ||
| 2094 | 19.21 | 13.41 | -5.80 | — | -0.98 | -0.05 | 0.92 | ||
| 2095 | 19.17 | 13.41 | -5.77 | — | -0.98 | -0.05 | 0.92 | ||
| 2096 | 19.14 | 13.40 | -5.73 | — | -0.98 | -0.05 | 0.92 | ||
| 2097 | 19.11 | 13.40 | -5.71 | — | -0.98 | -0.05 | 0.92 | ||
| 2098 | 19.08 | 13.40 | -5.68 | — | -0.98 | -0.05 | 0.92 | ||
| 2099 | 19.06 | 13.40 | -5.66 | — | -0.97 | -0.05 | 0.92 | ||
| 2100 | 19.05 | 13.40 | -5.65 | — | -0.97 | -0.05 | 0.92 | ||
| 2101 | 19.04 | 13.40 | -5.65 | — | -0.97 | -0.05 | 0.92 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2026-2100 | 17.42% | 13.64% | -3.78% | 2034 | -0.68% | -0.04% | 0.65% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
|||||||||
Based on Intermediate Assumptions of the 2026 Trustees Report.