Proposed Provision: A3. Starting December 2022, 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 |
| 2021 | 253 | 253 |
| 2022 | 231 | 231 |
| 2023 | 214 | 214 |
| 2024 | 196 | 197 |
| 2025 | 178 | 180 |
| 2026 | 159 | 163 |
| 2027 | 141 | 146 |
| 2028 | 122 | 128 |
| 2029 | 104 | 111 |
| 2030 | 85 | 93 |
| 2031 | 66 | 76 |
| 2032 | 46 | 58 |
| 2033 | 27 | 41 |
| 2034 | 7 | 23 |
| 2035 | -13 | 5 |
| 2036 | -33 | -13 |
| 2037 | -54 | -32 |
| 2038 | -76 | -50 |
| 2039 | -97 | -69 |
| 2040 | -119 | -89 |
| 2041 | -142 | -108 |
| 2042 | -165 | -128 |
| 2043 | -188 | -148 |
| 2044 | -211 | -168 |
| 2045 | -235 | -188 |
| 2046 | -258 | -209 |
| 2047 | -282 | -229 |
| 2048 | -306 | -250 |
| 2049 | -330 | -270 |
| 2050 | -354 | -291 |
| 2051 | -378 | -312 |
| 2052 | -403 | -332 |
| 2053 | -427 | -353 |
| 2054 | -452 | -375 |
| 2055 | -477 | -396 |
| 2056 | -502 | -417 |
| 2057 | -527 | -439 |
| 2058 | -552 | -460 |
| 2059 | -578 | -482 |
| 2060 | -604 | -505 |
| 2061 | -630 | -527 |
| 2062 | -657 | -550 |
| 2063 | -684 | -574 |
| 2064 | -712 | -598 |
| 2065 | -740 | -622 |
| 2066 | -768 | -647 |
| 2067 | -796 | -672 |
| 2068 | -825 | -697 |
| 2069 | -855 | -723 |
| 2070 | -884 | -748 |
| 2071 | -914 | -775 |
| 2072 | -945 | -801 |
| 2073 | -976 | -828 |
| 2074 | -1007 | -856 |
| 2075 | -1039 | -884 |
| 2076 | -1071 | -912 |
| 2077 | -1105 | -942 |
| 2078 | -1139 | -972 |
| 2079 | -1175 | -1003 |
| 2080 | -1211 | -1035 |
| 2081 | -1248 | -1067 |
| 2082 | -1286 | -1100 |
| 2083 | -1324 | -1134 |
| 2084 | -1363 | -1168 |
| 2085 | -1403 | -1203 |
| 2086 | -1443 | -1237 |
| 2087 | -1483 | -1272 |
| 2088 | -1524 | -1308 |
| 2089 | -1564 | -1343 |
| 2090 | -1604 | -1377 |
| 2091 | -1643 | -1411 |
| 2092 | -1681 | -1443 |
| 2093 | -1718 | -1475 |
| 2094 | -1754 | -1506 |
| 2095 | -1789 | -1536 |
| 2096 | -1825 | -1566 |
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