Proposed Provision: A3. Starting December 2020, 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 |
| 2019 | 273 | 273 |
| 2020 | 260 | 260 |
| 2021 | 245 | 246 |
| 2022 | 229 | 231 |
| 2023 | 213 | 216 |
| 2024 | 197 | 201 |
| 2025 | 180 | 185 |
| 2026 | 163 | 170 |
| 2027 | 147 | 155 |
| 2028 | 130 | 140 |
| 2029 | 114 | 125 |
| 2030 | 97 | 110 |
| 2031 | 80 | 95 |
| 2032 | 63 | 80 |
| 2033 | 46 | 65 |
| 2034 | 28 | 50 |
| 2035 | 10 | 34 |
| 2036 | -9 | 18 |
| 2037 | -28 | 2 |
| 2038 | -47 | -15 |
| 2039 | -67 | -31 |
| 2040 | -87 | -49 |
| 2041 | -108 | -66 |
| 2042 | -129 | -83 |
| 2043 | -150 | -101 |
| 2044 | -171 | -118 |
| 2045 | -192 | -136 |
| 2046 | -213 | -153 |
| 2047 | -234 | -170 |
| 2048 | -255 | -187 |
| 2049 | -276 | -204 |
| 2050 | -297 | -221 |
| 2051 | -318 | -238 |
| 2052 | -338 | -255 |
| 2053 | -359 | -272 |
| 2054 | -380 | -289 |
| 2055 | -401 | -306 |
| 2056 | -422 | -324 |
| 2057 | -444 | -341 |
| 2058 | -465 | -358 |
| 2059 | -487 | -376 |
| 2060 | -509 | -394 |
| 2061 | -531 | -413 |
| 2062 | -554 | -432 |
| 2063 | -577 | -451 |
| 2064 | -601 | -471 |
| 2065 | -625 | -490 |
| 2066 | -649 | -511 |
| 2067 | -674 | -531 |
| 2068 | -699 | -552 |
| 2069 | -724 | -574 |
| 2070 | -749 | -595 |
| 2071 | -776 | -617 |
| 2072 | -802 | -640 |
| 2073 | -830 | -663 |
| 2074 | -857 | -686 |
| 2075 | -885 | -710 |
| 2076 | -914 | -735 |
| 2077 | -944 | -760 |
| 2078 | -975 | -786 |
| 2079 | -1007 | -813 |
| 2080 | -1039 | -841 |
| 2081 | -1072 | -869 |
| 2082 | -1106 | -897 |
| 2083 | -1139 | -925 |
| 2084 | -1173 | -954 |
| 2085 | -1207 | -983 |
| 2086 | -1242 | -1011 |
| 2087 | -1275 | -1040 |
| 2088 | -1309 | -1068 |
| 2089 | -1342 | -1096 |
| 2090 | -1375 | -1123 |
| 2091 | -1407 | -1150 |
| 2092 | -1439 | -1177 |
| 2093 | -1471 | -1204 |
| 2094 | -1503 | -1231 |
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