Detailed Single Year Tables
Description of Proposed Provision:
A3: Starting December 2026, 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 |
|||
| 2025 | 15.15 | 12.80 | -2.35 | 169 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.29 | 13.03 | -2.25 | 149 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.43 | 13.08 | -2.35 | 131 | -0.04 | -0.00 | 0.04 | ||
| 2028 | 15.50 | 13.11 | -2.39 | 114 | -0.09 | -0.00 | 0.09 | ||
| 2029 | 15.56 | 13.13 | -2.43 | 97 | -0.13 | -0.01 | 0.13 | ||
| 2030 | 15.62 | 13.15 | -2.47 | 80 | -0.18 | -0.01 | 0.17 | ||
| 2031 | 15.69 | 13.17 | -2.52 | 64 | -0.22 | -0.01 | 0.21 | ||
| 2032 | 15.74 | 13.19 | -2.55 | 48 | -0.26 | -0.01 | 0.25 | ||
| 2033 | 15.75 | 13.23 | -2.52 | 32 | -0.32 | -0.02 | 0.30 | ||
| 2034 | 15.80 | 13.25 | -2.56 | 16 | -0.34 | -0.02 | 0.32 | ||
| 2035 | 15.85 | 13.25 | -2.60 | 0 | -0.38 | -0.02 | 0.36 | ||
| 2036 | 15.91 | 13.26 | -2.65 | — | -0.42 | -0.02 | 0.39 | ||
| 2037 | 15.96 | 13.27 | -2.70 | — | -0.45 | -0.03 | 0.42 | ||
| 2038 | 16.01 | 13.27 | -2.73 | — | -0.48 | -0.03 | 0.45 | ||
| 2039 | 16.04 | 13.28 | -2.76 | — | -0.51 | -0.03 | 0.48 | ||
| 2040 | 16.07 | 13.28 | -2.78 | — | -0.54 | -0.03 | 0.51 | ||
| 2041 | 16.08 | 13.29 | -2.80 | — | -0.56 | -0.03 | 0.53 | ||
| 2042 | 16.09 | 13.29 | -2.80 | — | -0.59 | -0.03 | 0.55 | ||
| 2043 | 16.10 | 13.29 | -2.81 | — | -0.61 | -0.04 | 0.57 | ||
| 2044 | 16.12 | 13.29 | -2.82 | — | -0.63 | -0.04 | 0.59 | ||
| 2045 | 16.13 | 13.30 | -2.83 | — | -0.64 | -0.04 | 0.61 | ||
| 2046 | 16.14 | 13.30 | -2.84 | — | -0.66 | -0.04 | 0.62 | ||
| 2047 | 16.16 | 13.30 | -2.86 | — | -0.67 | -0.04 | 0.63 | ||
| 2048 | 16.19 | 13.31 | -2.89 | — | -0.69 | -0.04 | 0.64 | ||
| 2049 | 16.23 | 13.31 | -2.92 | — | -0.70 | -0.04 | 0.66 | ||
| 2050 | 16.26 | 13.31 | -2.95 | — | -0.71 | -0.04 | 0.67 | ||
| 2051 | 16.30 | 13.32 | -2.99 | — | -0.72 | -0.04 | 0.67 | ||
| 2052 | 16.36 | 13.32 | -3.03 | — | -0.72 | -0.04 | 0.68 | ||
| 2053 | 16.41 | 13.33 | -3.09 | — | -0.73 | -0.04 | 0.69 | ||
| 2054 | 16.48 | 13.33 | -3.14 | — | -0.74 | -0.04 | 0.69 | ||
| 2055 | 16.55 | 13.34 | -3.21 | — | -0.75 | -0.04 | 0.70 | ||
| 2056 | 16.63 | 13.35 | -3.29 | — | -0.75 | -0.05 | 0.71 | ||
| 2057 | 16.72 | 13.35 | -3.36 | — | -0.76 | -0.05 | 0.71 | ||
| 2058 | 16.81 | 13.36 | -3.45 | — | -0.76 | -0.05 | 0.72 | ||
| 2059 | 16.89 | 13.37 | -3.52 | — | -0.77 | -0.05 | 0.72 | ||
| 2060 | 16.97 | 13.38 | -3.59 | — | -0.78 | -0.05 | 0.73 | ||
| 2061 | 17.04 | 13.38 | -3.66 | — | -0.78 | -0.05 | 0.73 | ||
| 2062 | 17.11 | 13.39 | -3.72 | — | -0.79 | -0.05 | 0.74 | ||
| 2063 | 17.17 | 13.39 | -3.78 | — | -0.79 | -0.05 | 0.74 | ||
| 2064 | 17.23 | 13.40 | -3.83 | — | -0.80 | -0.05 | 0.75 | ||
| 2065 | 17.30 | 13.40 | -3.89 | — | -0.80 | -0.05 | 0.75 | ||
| 2066 | 17.36 | 13.41 | -3.95 | — | -0.81 | -0.05 | 0.76 | ||
| 2067 | 17.42 | 13.42 | -4.01 | — | -0.82 | -0.05 | 0.76 | ||
| 2068 | 17.49 | 13.42 | -4.07 | — | -0.82 | -0.05 | 0.77 | ||
| 2069 | 17.55 | 13.43 | -4.13 | — | -0.83 | -0.05 | 0.78 | ||
| 2070 | 17.62 | 13.43 | -4.19 | — | -0.83 | -0.05 | 0.78 | ||
| 2071 | 17.69 | 13.44 | -4.25 | — | -0.84 | -0.05 | 0.79 | ||
| 2072 | 17.76 | 13.44 | -4.31 | — | -0.84 | -0.05 | 0.79 | ||
| 2073 | 17.82 | 13.45 | -4.37 | — | -0.85 | -0.05 | 0.80 | ||
| 2074 | 17.88 | 13.45 | -4.43 | — | -0.86 | -0.05 | 0.80 | ||
| 2075 | 17.94 | 13.46 | -4.48 | — | -0.86 | -0.05 | 0.81 | ||
| 2076 | 17.99 | 13.46 | -4.52 | — | -0.87 | -0.05 | 0.81 | ||
| 2077 | 18.02 | 13.47 | -4.56 | — | -0.87 | -0.05 | 0.82 | ||
| 2078 | 18.05 | 13.47 | -4.58 | — | -0.87 | -0.05 | 0.82 | ||
| 2079 | 18.07 | 13.47 | -4.60 | — | -0.88 | -0.05 | 0.82 | ||
| 2080 | 18.07 | 13.47 | -4.60 | — | -0.88 | -0.06 | 0.83 | ||
| 2081 | 18.07 | 13.47 | -4.60 | — | -0.88 | -0.06 | 0.83 | ||
| 2082 | 18.06 | 13.47 | -4.59 | — | -0.89 | -0.06 | 0.83 | ||
| 2083 | 18.05 | 13.47 | -4.57 | — | -0.89 | -0.06 | 0.83 | ||
| 2084 | 18.02 | 13.47 | -4.55 | — | -0.89 | -0.06 | 0.83 | ||
| 2085 | 17.98 | 13.47 | -4.51 | — | -0.89 | -0.06 | 0.83 | ||
| 2086 | 17.93 | 13.47 | -4.46 | — | -0.89 | -0.06 | 0.84 | ||
| 2087 | 17.87 | 13.46 | -4.41 | — | -0.89 | -0.06 | 0.84 | ||
| 2088 | 17.81 | 13.46 | -4.35 | — | -0.89 | -0.06 | 0.83 | ||
| 2089 | 17.75 | 13.46 | -4.29 | — | -0.89 | -0.06 | 0.83 | ||
| 2090 | 17.69 | 13.45 | -4.24 | — | -0.89 | -0.06 | 0.83 | ||
| 2091 | 17.63 | 13.45 | -4.18 | — | -0.89 | -0.06 | 0.83 | ||
| 2092 | 17.58 | 13.45 | -4.13 | — | -0.89 | -0.06 | 0.83 | ||
| 2093 | 17.54 | 13.44 | -4.09 | — | -0.88 | -0.06 | 0.83 | ||
| 2094 | 17.50 | 13.44 | -4.06 | — | -0.88 | -0.06 | 0.83 | ||
| 2095 | 17.48 | 13.44 | -4.04 | — | -0.88 | -0.06 | 0.83 | ||
| 2096 | 17.46 | 13.44 | -4.02 | — | -0.88 | -0.06 | 0.83 | ||
| 2097 | 17.45 | 13.44 | -4.01 | — | -0.88 | -0.06 | 0.83 | ||
| 2098 | 17.45 | 13.44 | -4.01 | — | -0.88 | -0.06 | 0.82 | ||
| 2099 | 17.46 | 13.44 | -4.02 | — | -0.88 | -0.06 | 0.82 | ||
| 2100 | 17.47 | 13.44 | -4.03 | — | -0.88 | -0.06 | 0.82 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2025-2099 | 16.95% | 13.75% | -3.20% | 2035 | -0.67% | -0.04% | 0.63% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2025 Trustees Report.