Detailed Single Year Tables
Description of Proposed Provision:
A1: Starting December 2025, reduce the annual COLA by 1 percentage point.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2024 | 14.71 | 13.03 | -1.68 | 188 | 0.00 | 0.00 | 0.00 | ||
| 2025 | 15.00 | 12.89 | -2.11 | 171 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.06 | 13.07 | -1.99 | 154 | -0.15 | -0.01 | 0.14 | ||
| 2027 | 15.07 | 13.09 | -1.97 | 138 | -0.29 | -0.01 | 0.28 | ||
| 2028 | 14.98 | 13.11 | -1.87 | 123 | -0.44 | -0.02 | 0.41 | ||
| 2029 | 14.89 | 13.13 | -1.76 | 110 | -0.58 | -0.03 | 0.55 | ||
| 2030 | 14.82 | 13.14 | -1.67 | 97 | -0.71 | -0.04 | 0.68 | ||
| 2031 | 14.73 | 13.16 | -1.58 | 86 | -0.84 | -0.05 | 0.80 | ||
| 2032 | 14.64 | 13.17 | -1.47 | 75 | -0.97 | -0.05 | 0.91 | ||
| 2033 | 14.58 | 13.20 | -1.37 | 65 | -1.08 | -0.06 | 1.02 | ||
| 2034 | 14.57 | 13.21 | -1.37 | 55 | -1.20 | -0.07 | 1.13 | ||
| 2035 | 14.57 | 13.21 | -1.36 | 46 | -1.31 | -0.08 | 1.23 | ||
| 2036 | 14.57 | 13.21 | -1.36 | 37 | -1.41 | -0.08 | 1.33 | ||
| 2037 | 14.58 | 13.22 | -1.36 | 28 | -1.51 | -0.09 | 1.42 | ||
| 2038 | 14.57 | 13.22 | -1.36 | 19 | -1.60 | -0.09 | 1.51 | ||
| 2039 | 14.56 | 13.22 | -1.34 | 10 | -1.69 | -0.10 | 1.59 | ||
| 2040 | 14.55 | 13.22 | -1.34 | 1 | -1.77 | -0.10 | 1.66 | ||
| 2041 | 14.55 | 13.22 | -1.33 | — | -1.84 | -0.11 | 1.73 | ||
| 2042 | 14.53 | 13.22 | -1.31 | — | -1.90 | -0.11 | 1.79 | ||
| 2043 | 14.52 | 13.22 | -1.30 | — | -1.96 | -0.12 | 1.84 | ||
| 2044 | 14.50 | 13.22 | -1.28 | — | -2.01 | -0.12 | 1.89 | ||
| 2045 | 14.49 | 13.22 | -1.27 | — | -2.06 | -0.12 | 1.94 | ||
| 2046 | 14.49 | 13.22 | -1.26 | — | -2.10 | -0.13 | 1.97 | ||
| 2047 | 14.49 | 13.22 | -1.26 | — | -2.14 | -0.13 | 2.01 | ||
| 2048 | 14.49 | 13.22 | -1.27 | — | -2.17 | -0.13 | 2.04 | ||
| 2049 | 14.51 | 13.23 | -1.28 | — | -2.20 | -0.13 | 2.07 | ||
| 2050 | 14.53 | 13.23 | -1.30 | — | -2.23 | -0.13 | 2.09 | ||
| 2051 | 14.56 | 13.23 | -1.33 | — | -2.25 | -0.14 | 2.11 | ||
| 2052 | 14.60 | 13.24 | -1.36 | — | -2.27 | -0.14 | 2.13 | ||
| 2053 | 14.64 | 13.24 | -1.40 | — | -2.29 | -0.14 | 2.15 | ||
| 2054 | 14.69 | 13.24 | -1.45 | — | -2.31 | -0.14 | 2.17 | ||
| 2055 | 14.75 | 13.25 | -1.50 | — | -2.32 | -0.14 | 2.18 | ||
| 2056 | 14.82 | 13.25 | -1.56 | — | -2.34 | -0.14 | 2.20 | ||
| 2057 | 14.88 | 13.26 | -1.63 | — | -2.36 | -0.14 | 2.21 | ||
| 2058 | 14.96 | 13.27 | -1.69 | — | -2.38 | -0.15 | 2.23 | ||
| 2059 | 15.02 | 13.27 | -1.75 | — | -2.39 | -0.15 | 2.25 | ||
| 2060 | 15.09 | 13.28 | -1.81 | — | -2.41 | -0.15 | 2.26 | ||
| 2061 | 15.15 | 13.28 | -1.87 | — | -2.43 | -0.15 | 2.28 | ||
| 2062 | 15.21 | 13.29 | -1.92 | — | -2.45 | -0.15 | 2.30 | ||
| 2063 | 15.26 | 13.29 | -1.97 | — | -2.46 | -0.15 | 2.31 | ||
| 2064 | 15.31 | 13.29 | -2.01 | — | -2.48 | -0.15 | 2.33 | ||
| 2065 | 15.36 | 13.30 | -2.06 | — | -2.50 | -0.15 | 2.34 | ||
| 2066 | 15.40 | 13.30 | -2.10 | — | -2.51 | -0.16 | 2.36 | ||
| 2067 | 15.45 | 13.31 | -2.14 | — | -2.53 | -0.16 | 2.37 | ||
| 2068 | 15.50 | 13.31 | -2.19 | — | -2.55 | -0.16 | 2.39 | ||
| 2069 | 15.55 | 13.31 | -2.23 | — | -2.57 | -0.16 | 2.41 | ||
| 2070 | 15.60 | 13.32 | -2.28 | — | -2.58 | -0.16 | 2.42 | ||
| 2071 | 15.65 | 13.32 | -2.33 | — | -2.60 | -0.16 | 2.44 | ||
| 2072 | 15.70 | 13.33 | -2.37 | — | -2.62 | -0.16 | 2.45 | ||
| 2073 | 15.74 | 13.33 | -2.41 | — | -2.63 | -0.16 | 2.47 | ||
| 2074 | 15.78 | 13.33 | -2.45 | — | -2.65 | -0.17 | 2.48 | ||
| 2075 | 15.82 | 13.34 | -2.48 | — | -2.66 | -0.17 | 2.50 | ||
| 2076 | 15.85 | 13.34 | -2.51 | — | -2.68 | -0.17 | 2.51 | ||
| 2077 | 15.87 | 13.34 | -2.53 | — | -2.69 | -0.17 | 2.52 | ||
| 2078 | 15.89 | 13.34 | -2.54 | — | -2.70 | -0.17 | 2.53 | ||
| 2079 | 15.89 | 13.34 | -2.54 | — | -2.71 | -0.17 | 2.54 | ||
| 2080 | 15.88 | 13.34 | -2.54 | — | -2.71 | -0.17 | 2.54 | ||
| 2081 | 15.87 | 13.34 | -2.52 | — | -2.72 | -0.17 | 2.55 | ||
| 2082 | 15.85 | 13.34 | -2.50 | — | -2.73 | -0.17 | 2.55 | ||
| 2083 | 15.82 | 13.34 | -2.47 | — | -2.73 | -0.17 | 2.56 | ||
| 2084 | 15.78 | 13.34 | -2.44 | — | -2.73 | -0.17 | 2.56 | ||
| 2085 | 15.74 | 13.34 | -2.40 | — | -2.73 | -0.17 | 2.56 | ||
| 2086 | 15.69 | 13.33 | -2.35 | — | -2.73 | -0.17 | 2.56 | ||
| 2087 | 15.63 | 13.33 | -2.30 | — | -2.73 | -0.17 | 2.56 | ||
| 2088 | 15.57 | 13.33 | -2.25 | — | -2.73 | -0.17 | 2.56 | ||
| 2089 | 15.52 | 13.32 | -2.20 | — | -2.73 | -0.17 | 2.55 | ||
| 2090 | 15.47 | 13.32 | -2.15 | — | -2.72 | -0.17 | 2.55 | ||
| 2091 | 15.42 | 13.32 | -2.11 | — | -2.72 | -0.17 | 2.55 | ||
| 2092 | 15.39 | 13.32 | -2.08 | — | -2.71 | -0.17 | 2.54 | ||
| 2093 | 15.37 | 13.31 | -2.05 | — | -2.71 | -0.17 | 2.54 | ||
| 2094 | 15.36 | 13.31 | -2.05 | — | -2.71 | -0.17 | 2.54 | ||
| 2095 | 15.36 | 13.31 | -2.05 | — | -2.71 | -0.17 | 2.54 | ||
| 2096 | 15.37 | 13.31 | -2.05 | — | -2.71 | -0.17 | 2.54 | ||
| 2097 | 15.39 | 13.32 | -2.07 | — | -2.71 | -0.17 | 2.54 | ||
| 2098 | 15.41 | 13.32 | -2.10 | — | -2.71 | -0.17 | 2.54 | ||
| 2099 | 15.45 | 13.32 | -2.13 | — | -2.71 | -0.17 | 2.54 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2024-2098 | 15.23% | 13.67% | -1.55% | 2040 | -2.07% | -0.13% | 1.95% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2035. |
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Based on Intermediate Assumptions of the 2024 Trustees Report.