Proposed Provision: A9. For single/head-of-household/married-filing-separate taxpayers with modified adjusted gross income (MAGI) below $110,800 and for joint filers with MAGI below $221,500 for December 2026 ($85,000 and $170,000 multiplied by estimated CPI-U for 2018-2026), use the chain-weighted version of the Consumer Price Index for All Urban Consumers (C-CPI-U) to calculate the cost-of-living adjustment (COLA), beginning with the December 2026 COLA. For those beneficiaries whose MAGI is above these thresholds, provide no COLA. Use prior tax year income data for this determination. Use the chain-weighted CPI for the COLA for years prior to benefit receipt. Index the eligibility income threshold amounts to the CPI-U after December 2026.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2024188188
2025171171
2026152152
2027134135
2028117119
2029101103
20308489
20316874
20325361
20333748
20342235
2035723
2036-910
2037-26-3
2038-43-17
2039-60-30
2040-78-44
2041-96-58
2042-115-72
2043-135-87
2044-154-101
2045-174-116
2046-194-130
2047-215-145
2048-235-160
2049-256-175
2050-277-190
2051-299-205
2052-320-220
2053-342-236
2054-364-251
2055-386-267
2056-409-283
2057-431-299
2058-455-316
2059-478-333
2060-502-350
2061-527-369
2062-553-387
2063-579-406
2064-605-426
2065-632-445
2066-660-466
2067-688-486
2068-716-507
2069-745-528
2070-774-549
2071-803-571
2072-834-594
2073-864-616
2074-895-639
2075-927-663
2076-960-687
2077-993-711
2078-1027-737
2079-1062-762
2080-1098-789
2081-1134-816
2082-1172-843
2083-1209-870
2084-1248-898
2085-1287-927
2086-1327-956
2087-1368-985
2088-1409-1014
2089-1450-1044
2090-1491-1073
2091-1532-1101
2092-1573-1129
2093-1612-1156
2094-1651-1183
2095-1689-1209
2096-1727-1234
2097-1764-1259
2098-1801-1284
2099-1838-1308
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