Proposed Provision: A6. Starting December 2021, compute the COLA using the Consumer Price Index for the Elderly (CPI-E). We estimate this new computation will increase the annual COLA by about 0.2 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 | 245 |
2022 | 229 | 229 |
2023 | 213 | 212 |
2024 | 197 | 195 |
2025 | 180 | 178 |
2026 | 163 | 160 |
2027 | 147 | 143 |
2028 | 130 | 125 |
2029 | 114 | 108 |
2030 | 97 | 90 |
2031 | 80 | 72 |
2032 | 63 | 54 |
2033 | 46 | 35 |
2034 | 28 | 16 |
2035 | 10 | -4 |
2036 | -9 | -25 |
2037 | -28 | -45 |
2038 | -47 | -67 |
2039 | -67 | -88 |
2040 | -87 | -110 |
2041 | -108 | -133 |
2042 | -129 | -156 |
2043 | -150 | -179 |
2044 | -171 | -202 |
2045 | -192 | -225 |
2046 | -213 | -248 |
2047 | -234 | -272 |
2048 | -255 | -295 |
2049 | -276 | -319 |
2050 | -297 | -342 |
2051 | -318 | -365 |
2052 | -338 | -389 |
2053 | -359 | -412 |
2054 | -380 | -436 |
2055 | -401 | -459 |
2056 | -422 | -483 |
2057 | -444 | -507 |
2058 | -465 | -530 |
2059 | -487 | -555 |
2060 | -509 | -579 |
2061 | -531 | -604 |
2062 | -554 | -629 |
2063 | -577 | -655 |
2064 | -601 | -681 |
2065 | -625 | -708 |
2066 | -649 | -735 |
2067 | -674 | -762 |
2068 | -699 | -789 |
2069 | -724 | -817 |
2070 | -749 | -845 |
2071 | -776 | -874 |
2072 | -802 | -903 |
2073 | -830 | -933 |
2074 | -857 | -964 |
2075 | -885 | -995 |
2076 | -914 | -1026 |
2077 | -944 | -1059 |
2078 | -975 | -1093 |
2079 | -1007 | -1128 |
2080 | -1039 | -1163 |
2081 | -1072 | -1199 |
2082 | -1106 | -1236 |
2083 | -1139 | -1273 |
2084 | -1173 | -1310 |
2085 | -1207 | -1348 |
2086 | -1242 | -1385 |
2087 | -1275 | -1423 |
2088 | -1309 | -1460 |
2089 | -1342 | -1496 |
2090 | -1375 | -1532 |
2091 | -1407 | -1568 |
2092 | -1439 | -1603 |
2093 | -1471 | -1639 |
2094 | -1503 | -1674 |
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