Proposed Provision: A8. Starting December 2021, for OASI beneficiaries only (DI beneficiaries would only be affected when their benefit converts to OASI at NRA), the annual COLA would be based on the chain-weighted version of the CPI-U.
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 | 202 |
2025 | 183 | 186 |
2026 | 165 | 169 |
2027 | 148 | 153 |
2028 | 130 | 137 |
2029 | 112 | 120 |
2030 | 94 | 103 |
2031 | 76 | 87 |
2032 | 58 | 70 |
2033 | 39 | 54 |
2034 | 20 | 37 |
2035 | 1 | 20 |
2036 | -19 | 2 |
2037 | -38 | -15 |
2038 | -59 | -33 |
2039 | -80 | -51 |
2040 | -101 | -70 |
2041 | -122 | -88 |
2042 | -144 | -107 |
2043 | -166 | -126 |
2044 | -188 | -146 |
2045 | -210 | -165 |
2046 | -232 | -184 |
2047 | -255 | -203 |
2048 | -277 | -222 |
2049 | -299 | -241 |
2050 | -322 | -261 |
2051 | -344 | -280 |
2052 | -367 | -299 |
2053 | -389 | -318 |
2054 | -412 | -338 |
2055 | -434 | -357 |
2056 | -457 | -377 |
2057 | -480 | -397 |
2058 | -504 | -417 |
2059 | -527 | -437 |
2060 | -551 | -457 |
2061 | -575 | -478 |
2062 | -599 | -500 |
2063 | -624 | -521 |
2064 | -650 | -544 |
2065 | -676 | -566 |
2066 | -702 | -589 |
2067 | -728 | -612 |
2068 | -755 | -636 |
2069 | -782 | -660 |
2070 | -809 | -684 |
2071 | -837 | -709 |
2072 | -866 | -734 |
2073 | -895 | -760 |
2074 | -925 | -786 |
2075 | -955 | -813 |
2076 | -986 | -841 |
2077 | -1018 | -869 |
2078 | -1051 | -898 |
2079 | -1084 | -928 |
2080 | -1119 | -959 |
2081 | -1154 | -990 |
2082 | -1190 | -1021 |
2083 | -1226 | -1053 |
2084 | -1263 | -1086 |
2085 | -1300 | -1118 |
2086 | -1337 | -1151 |
2087 | -1374 | -1184 |
2088 | -1411 | -1217 |
2089 | -1448 | -1249 |
2090 | -1484 | -1280 |
2091 | -1520 | -1311 |
2092 | -1554 | -1342 |
2093 | -1589 | -1372 |
2094 | -1623 | -1402 |
2095 | -1657 | -1431 |
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