Proposed Provision: A3. Starting December 2017, compute the COLA using a chained version of the consumer price index for wage and salary workers (CPI-W). We estimate this new computation will reduce the annual COLA by about 0.3 percentage point, on average.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 278 |
2019 | 262 | 263 |
2020 | 246 | 249 |
2021 | 231 | 236 |
2022 | 216 | 221 |
2023 | 200 | 206 |
2024 | 183 | 191 |
2025 | 165 | 175 |
2026 | 149 | 160 |
2027 | 132 | 145 |
2028 | 115 | 131 |
2029 | 98 | 116 |
2030 | 81 | 101 |
2031 | 64 | 86 |
2032 | 46 | 71 |
2033 | 27 | 55 |
2034 | 8 | 39 |
2035 | -11 | 22 |
2036 | -30 | 6 |
2037 | -50 | -11 |
2038 | -71 | -28 |
2039 | -91 | -46 |
2040 | -112 | -63 |
2041 | -133 | -81 |
2042 | -154 | -99 |
2043 | -176 | -116 |
2044 | -197 | -134 |
2045 | -218 | -151 |
2046 | -240 | -169 |
2047 | -262 | -187 |
2048 | -283 | -205 |
2049 | -305 | -222 |
2050 | -327 | -240 |
2051 | -349 | -258 |
2052 | -371 | -276 |
2053 | -393 | -294 |
2054 | -415 | -312 |
2055 | -437 | -330 |
2056 | -460 | -348 |
2057 | -482 | -367 |
2058 | -506 | -386 |
2059 | -529 | -406 |
2060 | -553 | -426 |
2061 | -578 | -446 |
2062 | -603 | -467 |
2063 | -628 | -488 |
2064 | -654 | -509 |
2065 | -680 | -531 |
2066 | -706 | -553 |
2067 | -733 | -576 |
2068 | -760 | -599 |
2069 | -788 | -622 |
2070 | -816 | -646 |
2071 | -845 | -670 |
2072 | -874 | -695 |
2073 | -905 | -721 |
2074 | -935 | -747 |
2075 | -967 | -774 |
2076 | -1000 | -802 |
2077 | -1033 | -830 |
2078 | -1068 | -859 |
2079 | -1102 | -888 |
2080 | -1138 | -918 |
2081 | -1173 | -948 |
2082 | -1208 | -978 |
2083 | -1243 | -1007 |
2084 | -1279 | -1037 |
2085 | -1314 | -1067 |
2086 | -1349 | -1096 |
2087 | -1384 | -1126 |
2088 | -1419 | -1156 |
2089 | -1455 | -1186 |
2090 | -1491 | -1217 |
2091 | -1528 | -1248 |
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