Proposed Provision: A1. Starting December 2022, reduce the annual COLA by 1 percentage point.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2021 | 253 | 253 |
2022 | 231 | 231 |
2023 | 214 | 216 |
2024 | 196 | 201 |
2025 | 178 | 186 |
2026 | 159 | 171 |
2027 | 141 | 156 |
2028 | 122 | 142 |
2029 | 104 | 128 |
2030 | 85 | 114 |
2031 | 66 | 101 |
2032 | 46 | 88 |
2033 | 27 | 75 |
2034 | 7 | 62 |
2035 | -13 | 50 |
2036 | -33 | 38 |
2037 | -54 | 25 |
2038 | -76 | 13 |
2039 | -97 | 1 |
2040 | -119 | -11 |
2041 | -142 | -23 |
2042 | -165 | -35 |
2043 | -188 | -47 |
2044 | -211 | -59 |
2045 | -235 | -71 |
2046 | -258 | -83 |
2047 | -282 | -94 |
2048 | -306 | -106 |
2049 | -330 | -118 |
2050 | -354 | -129 |
2051 | -378 | -141 |
2052 | -403 | -153 |
2053 | -427 | -165 |
2054 | -452 | -177 |
2055 | -477 | -190 |
2056 | -502 | -202 |
2057 | -527 | -215 |
2058 | -552 | -227 |
2059 | -578 | -240 |
2060 | -604 | -254 |
2061 | -630 | -268 |
2062 | -657 | -282 |
2063 | -684 | -296 |
2064 | -712 | -311 |
2065 | -740 | -326 |
2066 | -768 | -341 |
2067 | -796 | -357 |
2068 | -825 | -373 |
2069 | -855 | -389 |
2070 | -884 | -405 |
2071 | -914 | -422 |
2072 | -945 | -439 |
2073 | -976 | -456 |
2074 | -1007 | -474 |
2075 | -1039 | -492 |
2076 | -1071 | -511 |
2077 | -1105 | -530 |
2078 | -1139 | -549 |
2079 | -1175 | -570 |
2080 | -1211 | -590 |
2081 | -1248 | -611 |
2082 | -1286 | -632 |
2083 | -1324 | -653 |
2084 | -1363 | -674 |
2085 | -1403 | -696 |
2086 | -1443 | -718 |
2087 | -1483 | -739 |
2088 | -1524 | -761 |
2089 | -1564 | -782 |
2090 | -1604 | -803 |
2091 | -1643 | -822 |
2092 | -1681 | -842 |
2093 | -1718 | -860 |
2094 | -1754 | -878 |
2095 | -1789 | -896 |
2096 | -1825 | -914 |
back