Proposed Provision: A6. Starting December 2020, 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 |
2018 | 288 | 288 |
2019 | 272 | 272 |
2020 | 256 | 256 |
2021 | 239 | 239 |
2022 | 223 | 222 |
2023 | 206 | 204 |
2024 | 188 | 186 |
2025 | 171 | 168 |
2026 | 154 | 150 |
2027 | 137 | 132 |
2028 | 120 | 114 |
2029 | 104 | 96 |
2030 | 86 | 78 |
2031 | 69 | 59 |
2032 | 51 | 40 |
2033 | 33 | 21 |
2034 | 14 | 0 |
2035 | -5 | -21 |
2036 | -25 | -42 |
2037 | -46 | -65 |
2038 | -67 | -87 |
2039 | -88 | -111 |
2040 | -110 | -134 |
2041 | -132 | -158 |
2042 | -154 | -183 |
2043 | -176 | -207 |
2044 | -199 | -232 |
2045 | -221 | -257 |
2046 | -244 | -282 |
2047 | -267 | -307 |
2048 | -289 | -332 |
2049 | -312 | -358 |
2050 | -335 | -383 |
2051 | -358 | -408 |
2052 | -381 | -434 |
2053 | -403 | -459 |
2054 | -426 | -485 |
2055 | -450 | -511 |
2056 | -473 | -537 |
2057 | -496 | -563 |
2058 | -520 | -589 |
2059 | -544 | -616 |
2060 | -569 | -643 |
2061 | -594 | -671 |
2062 | -619 | -699 |
2063 | -645 | -727 |
2064 | -671 | -756 |
2065 | -698 | -786 |
2066 | -725 | -816 |
2067 | -752 | -846 |
2068 | -780 | -876 |
2069 | -808 | -907 |
2070 | -837 | -939 |
2071 | -866 | -971 |
2072 | -896 | -1004 |
2073 | -927 | -1037 |
2074 | -958 | -1071 |
2075 | -990 | -1106 |
2076 | -1023 | -1142 |
2077 | -1057 | -1180 |
2078 | -1092 | -1218 |
2079 | -1128 | -1257 |
2080 | -1165 | -1297 |
2081 | -1202 | -1338 |
2082 | -1240 | -1379 |
2083 | -1278 | -1421 |
2084 | -1316 | -1463 |
2085 | -1354 | -1505 |
2086 | -1392 | -1547 |
2087 | -1430 | -1589 |
2088 | -1468 | -1630 |
2089 | -1505 | -1671 |
2090 | -1543 | -1712 |
2091 | -1580 | -1753 |
2092 | -1618 | -1795 |
2093 | -1655 | -1836 |
back