Detailed Single Year Tables
Description of Proposed Provision:
A2: Starting December 2025, reduce the annual COLA by 0.5 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 | 15.13 | 13.07 | -2.06 | 153 | -0.07 | -0.00 | 0.07 | ||
| 2027 | 15.21 | 13.10 | -2.11 | 136 | -0.15 | -0.01 | 0.14 | ||
| 2028 | 15.20 | 13.12 | -2.08 | 120 | -0.22 | -0.01 | 0.21 | ||
| 2029 | 15.18 | 13.15 | -2.03 | 105 | -0.29 | -0.01 | 0.28 | ||
| 2030 | 15.17 | 13.16 | -2.01 | 91 | -0.36 | -0.02 | 0.34 | ||
| 2031 | 15.15 | 13.18 | -1.97 | 77 | -0.43 | -0.02 | 0.40 | ||
| 2032 | 15.11 | 13.19 | -1.92 | 63 | -0.49 | -0.03 | 0.46 | ||
| 2033 | 15.11 | 13.23 | -1.88 | 51 | -0.55 | -0.03 | 0.52 | ||
| 2034 | 15.16 | 13.24 | -1.92 | 38 | -0.61 | -0.04 | 0.58 | ||
| 2035 | 15.22 | 13.25 | -1.97 | 26 | -0.67 | -0.04 | 0.63 | ||
| 2036 | 15.27 | 13.25 | -2.01 | 13 | -0.72 | -0.04 | 0.68 | ||
| 2037 | 15.32 | 13.26 | -2.06 | 1 | -0.77 | -0.05 | 0.73 | ||
| 2038 | 15.35 | 13.26 | -2.09 | — | -0.82 | -0.05 | 0.77 | ||
| 2039 | 15.38 | 13.27 | -2.12 | — | -0.87 | -0.05 | 0.82 | ||
| 2040 | 15.41 | 13.27 | -2.14 | — | -0.91 | -0.05 | 0.86 | ||
| 2041 | 15.44 | 13.27 | -2.16 | — | -0.95 | -0.06 | 0.89 | ||
| 2042 | 15.45 | 13.28 | -2.18 | — | -0.98 | -0.06 | 0.92 | ||
| 2043 | 15.46 | 13.28 | -2.19 | — | -1.01 | -0.06 | 0.95 | ||
| 2044 | 15.48 | 13.28 | -2.20 | — | -1.04 | -0.06 | 0.98 | ||
| 2045 | 15.48 | 13.28 | -2.20 | — | -1.07 | -0.06 | 1.00 | ||
| 2046 | 15.50 | 13.28 | -2.21 | — | -1.09 | -0.07 | 1.03 | ||
| 2047 | 15.51 | 13.28 | -2.23 | — | -1.11 | -0.07 | 1.04 | ||
| 2048 | 15.53 | 13.29 | -2.25 | — | -1.13 | -0.07 | 1.06 | ||
| 2049 | 15.56 | 13.29 | -2.27 | — | -1.15 | -0.07 | 1.08 | ||
| 2050 | 15.60 | 13.29 | -2.31 | — | -1.16 | -0.07 | 1.09 | ||
| 2051 | 15.64 | 13.30 | -2.34 | — | -1.17 | -0.07 | 1.10 | ||
| 2052 | 15.69 | 13.30 | -2.38 | — | -1.18 | -0.07 | 1.11 | ||
| 2053 | 15.74 | 13.31 | -2.43 | — | -1.20 | -0.07 | 1.12 | ||
| 2054 | 15.80 | 13.31 | -2.49 | — | -1.21 | -0.07 | 1.13 | ||
| 2055 | 15.86 | 13.32 | -2.55 | — | -1.21 | -0.07 | 1.14 | ||
| 2056 | 15.93 | 13.32 | -2.61 | — | -1.22 | -0.07 | 1.15 | ||
| 2057 | 16.01 | 13.33 | -2.68 | — | -1.23 | -0.08 | 1.16 | ||
| 2058 | 16.09 | 13.33 | -2.75 | — | -1.24 | -0.08 | 1.17 | ||
| 2059 | 16.17 | 13.34 | -2.82 | — | -1.25 | -0.08 | 1.17 | ||
| 2060 | 16.24 | 13.35 | -2.89 | — | -1.26 | -0.08 | 1.18 | ||
| 2061 | 16.31 | 13.35 | -2.96 | — | -1.27 | -0.08 | 1.19 | ||
| 2062 | 16.38 | 13.36 | -3.02 | — | -1.28 | -0.08 | 1.20 | ||
| 2063 | 16.44 | 13.36 | -3.07 | — | -1.29 | -0.08 | 1.21 | ||
| 2064 | 16.49 | 13.37 | -3.12 | — | -1.30 | -0.08 | 1.22 | ||
| 2065 | 16.55 | 13.37 | -3.17 | — | -1.31 | -0.08 | 1.23 | ||
| 2066 | 16.60 | 13.38 | -3.22 | — | -1.32 | -0.08 | 1.23 | ||
| 2067 | 16.66 | 13.38 | -3.27 | — | -1.33 | -0.08 | 1.24 | ||
| 2068 | 16.71 | 13.39 | -3.33 | — | -1.33 | -0.08 | 1.25 | ||
| 2069 | 16.77 | 13.39 | -3.38 | — | -1.34 | -0.08 | 1.26 | ||
| 2070 | 16.83 | 13.40 | -3.43 | — | -1.35 | -0.08 | 1.27 | ||
| 2071 | 16.89 | 13.40 | -3.49 | — | -1.36 | -0.08 | 1.28 | ||
| 2072 | 16.94 | 13.40 | -3.54 | — | -1.37 | -0.09 | 1.29 | ||
| 2073 | 17.00 | 13.41 | -3.59 | — | -1.38 | -0.09 | 1.29 | ||
| 2074 | 17.04 | 13.41 | -3.63 | — | -1.39 | -0.09 | 1.30 | ||
| 2075 | 17.09 | 13.42 | -3.67 | — | -1.40 | -0.09 | 1.31 | ||
| 2076 | 17.12 | 13.42 | -3.70 | — | -1.40 | -0.09 | 1.32 | ||
| 2077 | 17.15 | 13.42 | -3.73 | — | -1.41 | -0.09 | 1.32 | ||
| 2078 | 17.17 | 13.42 | -3.74 | — | -1.42 | -0.09 | 1.33 | ||
| 2079 | 17.17 | 13.42 | -3.75 | — | -1.42 | -0.09 | 1.33 | ||
| 2080 | 17.17 | 13.43 | -3.75 | — | -1.42 | -0.09 | 1.34 | ||
| 2081 | 17.16 | 13.43 | -3.74 | — | -1.43 | -0.09 | 1.34 | ||
| 2082 | 17.14 | 13.42 | -3.72 | — | -1.43 | -0.09 | 1.34 | ||
| 2083 | 17.11 | 13.42 | -3.69 | — | -1.43 | -0.09 | 1.34 | ||
| 2084 | 17.08 | 13.42 | -3.66 | — | -1.43 | -0.09 | 1.34 | ||
| 2085 | 17.04 | 13.42 | -3.62 | — | -1.43 | -0.09 | 1.34 | ||
| 2086 | 16.98 | 13.42 | -3.57 | — | -1.43 | -0.09 | 1.34 | ||
| 2087 | 16.93 | 13.41 | -3.52 | — | -1.43 | -0.09 | 1.34 | ||
| 2088 | 16.87 | 13.41 | -3.46 | — | -1.43 | -0.09 | 1.34 | ||
| 2089 | 16.81 | 13.40 | -3.41 | — | -1.43 | -0.09 | 1.34 | ||
| 2090 | 16.76 | 13.40 | -3.36 | — | -1.43 | -0.09 | 1.34 | ||
| 2091 | 16.71 | 13.40 | -3.32 | — | -1.43 | -0.09 | 1.34 | ||
| 2092 | 16.68 | 13.40 | -3.28 | — | -1.43 | -0.09 | 1.34 | ||
| 2093 | 16.66 | 13.39 | -3.26 | — | -1.43 | -0.09 | 1.34 | ||
| 2094 | 16.64 | 13.39 | -3.25 | — | -1.42 | -0.09 | 1.33 | ||
| 2095 | 16.64 | 13.39 | -3.25 | — | -1.42 | -0.09 | 1.33 | ||
| 2096 | 16.65 | 13.39 | -3.26 | — | -1.42 | -0.09 | 1.33 | ||
| 2097 | 16.67 | 13.40 | -3.28 | — | -1.42 | -0.09 | 1.33 | ||
| 2098 | 16.70 | 13.40 | -3.30 | — | -1.42 | -0.09 | 1.33 | ||
| 2099 | 16.73 | 13.40 | -3.33 | — | -1.43 | -0.09 | 1.34 | ||
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 | 16.22% | 13.73% | -2.48% | 2037 | -1.08% | -0.07% | 1.01% | ||
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.