Proposed Provision: A8. Starting December 2023, for OASI beneficiaries only (DI beneficiaries would only be affected when their benefit converts to OASI at NRA), the annual COLA would be based on the chain-weighted version of the CPI-U.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2022 | 230 | 230 |
2023 | 211 | 211 |
2024 | 194 | 195 |
2025 | 177 | 178 |
2026 | 160 | 162 |
2027 | 143 | 146 |
2028 | 126 | 129 |
2029 | 109 | 113 |
2030 | 91 | 98 |
2031 | 74 | 82 |
2032 | 57 | 66 |
2033 | 39 | 50 |
2034 | 21 | 34 |
2035 | 3 | 17 |
2036 | -16 | 0 |
2037 | -35 | -17 |
2038 | -54 | -34 |
2039 | -74 | -52 |
2040 | -95 | -70 |
2041 | -116 | -88 |
2042 | -137 | -107 |
2043 | -158 | -125 |
2044 | -180 | -144 |
2045 | -202 | -163 |
2046 | -224 | -182 |
2047 | -246 | -201 |
2048 | -268 | -221 |
2049 | -291 | -240 |
2050 | -313 | -260 |
2051 | -336 | -280 |
2052 | -359 | -300 |
2053 | -383 | -320 |
2054 | -406 | -340 |
2055 | -430 | -361 |
2056 | -453 | -381 |
2057 | -477 | -402 |
2058 | -501 | -423 |
2059 | -525 | -444 |
2060 | -550 | -466 |
2061 | -575 | -488 |
2062 | -601 | -511 |
2063 | -627 | -534 |
2064 | -654 | -557 |
2065 | -681 | -581 |
2066 | -708 | -605 |
2067 | -736 | -630 |
2068 | -764 | -655 |
2069 | -792 | -680 |
2070 | -821 | -706 |
2071 | -850 | -732 |
2072 | -880 | -758 |
2073 | -910 | -785 |
2074 | -940 | -812 |
2075 | -971 | -839 |
2076 | -1003 | -868 |
2077 | -1036 | -897 |
2078 | -1069 | -927 |
2079 | -1104 | -958 |
2080 | -1139 | -989 |
2081 | -1175 | -1021 |
2082 | -1212 | -1054 |
2083 | -1249 | -1087 |
2084 | -1286 | -1120 |
2085 | -1324 | -1154 |
2086 | -1363 | -1188 |
2087 | -1402 | -1223 |
2088 | -1442 | -1258 |
2089 | -1481 | -1292 |
2090 | -1520 | -1326 |
2091 | -1558 | -1360 |
2092 | -1595 | -1392 |
2093 | -1632 | -1425 |
2094 | -1668 | -1456 |
2095 | -1703 | -1487 |
2096 | -1738 | -1517 |
2097 | -1773 | -1547 |
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