Proposed Provision: A3. Starting December 2021, 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 |
Current Law |
Provision |
| 2020 | 261 | 261 |
| 2021 | 248 | 248 |
| 2022 | 233 | 233 |
| 2023 | 217 | 218 |
| 2024 | 200 | 203 |
| 2025 | 183 | 186 |
| 2026 | 165 | 170 |
| 2027 | 148 | 154 |
| 2028 | 130 | 138 |
| 2029 | 112 | 121 |
| 2030 | 94 | 105 |
| 2031 | 76 | 88 |
| 2032 | 58 | 72 |
| 2033 | 39 | 56 |
| 2034 | 20 | 39 |
| 2035 | 1 | 22 |
| 2036 | -19 | 5 |
| 2037 | -38 | -12 |
| 2038 | -59 | -30 |
| 2039 | -80 | -48 |
| 2040 | -101 | -66 |
| 2041 | -122 | -84 |
| 2042 | -144 | -102 |
| 2043 | -166 | -121 |
| 2044 | -188 | -140 |
| 2045 | -210 | -159 |
| 2046 | -232 | -177 |
| 2047 | -255 | -196 |
| 2048 | -277 | -215 |
| 2049 | -299 | -234 |
| 2050 | -322 | -252 |
| 2051 | -344 | -271 |
| 2052 | -367 | -290 |
| 2053 | -389 | -308 |
| 2054 | -412 | -327 |
| 2055 | -434 | -346 |
| 2056 | -457 | -365 |
| 2057 | -480 | -385 |
| 2058 | -504 | -404 |
| 2059 | -527 | -424 |
| 2060 | -551 | -444 |
| 2061 | -575 | -465 |
| 2062 | -599 | -485 |
| 2063 | -624 | -507 |
| 2064 | -650 | -528 |
| 2065 | -676 | -550 |
| 2066 | -702 | -573 |
| 2067 | -728 | -595 |
| 2068 | -755 | -618 |
| 2069 | -782 | -642 |
| 2070 | -809 | -665 |
| 2071 | -837 | -690 |
| 2072 | -866 | -714 |
| 2073 | -895 | -740 |
| 2074 | -925 | -765 |
| 2075 | -955 | -792 |
| 2076 | -986 | -819 |
| 2077 | -1018 | -846 |
| 2078 | -1051 | -875 |
| 2079 | -1084 | -904 |
| 2080 | -1119 | -934 |
| 2081 | -1154 | -964 |
| 2082 | -1190 | -995 |
| 2083 | -1226 | -1026 |
| 2084 | -1263 | -1058 |
| 2085 | -1300 | -1090 |
| 2086 | -1337 | -1122 |
| 2087 | -1374 | -1154 |
| 2088 | -1411 | -1186 |
| 2089 | -1448 | -1218 |
| 2090 | -1484 | -1248 |
| 2091 | -1520 | -1279 |
| 2092 | -1554 | -1309 |
| 2093 | -1589 | -1338 |
| 2094 | -1623 | -1367 |
| 2095 | -1657 | -1396 |
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