Proposed Provision: A1. Starting December 2021, reduce the annual COLA by 1 percentage point.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2020 | 261 | 261 |
2021 | 248 | 248 |
2022 | 233 | 235 |
2023 | 217 | 222 |
2024 | 200 | 208 |
2025 | 183 | 195 |
2026 | 165 | 182 |
2027 | 148 | 169 |
2028 | 130 | 156 |
2029 | 112 | 144 |
2030 | 94 | 131 |
2031 | 76 | 120 |
2032 | 58 | 108 |
2033 | 39 | 97 |
2034 | 20 | 86 |
2035 | 1 | 76 |
2036 | -19 | 65 |
2037 | -38 | 54 |
2038 | -59 | 44 |
2039 | -80 | 33 |
2040 | -101 | 23 |
2041 | -122 | 13 |
2042 | -144 | 2 |
2043 | -166 | -8 |
2044 | -188 | -18 |
2045 | -210 | -28 |
2046 | -232 | -38 |
2047 | -255 | -47 |
2048 | -277 | -57 |
2049 | -299 | -66 |
2050 | -322 | -76 |
2051 | -344 | -85 |
2052 | -367 | -94 |
2053 | -389 | -104 |
2054 | -412 | -113 |
2055 | -434 | -123 |
2056 | -457 | -133 |
2057 | -480 | -143 |
2058 | -504 | -153 |
2059 | -527 | -164 |
2060 | -551 | -175 |
2061 | -575 | -186 |
2062 | -599 | -198 |
2063 | -624 | -210 |
2064 | -650 | -222 |
2065 | -676 | -235 |
2066 | -702 | -247 |
2067 | -728 | -261 |
2068 | -755 | -274 |
2069 | -782 | -288 |
2070 | -809 | -302 |
2071 | -837 | -317 |
2072 | -866 | -332 |
2073 | -895 | -348 |
2074 | -925 | -363 |
2075 | -955 | -380 |
2076 | -986 | -396 |
2077 | -1018 | -413 |
2078 | -1051 | -431 |
2079 | -1084 | -449 |
2080 | -1119 | -467 |
2081 | -1154 | -485 |
2082 | -1190 | -504 |
2083 | -1226 | -523 |
2084 | -1263 | -542 |
2085 | -1300 | -561 |
2086 | -1337 | -580 |
2087 | -1374 | -598 |
2088 | -1411 | -617 |
2089 | -1448 | -635 |
2090 | -1484 | -653 |
2091 | -1520 | -671 |
2092 | -1554 | -688 |
2093 | -1589 | -705 |
2094 | -1623 | -722 |
2095 | -1657 | -739 |
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