Proposed Provision: A6. Starting December 2023, 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 |
2021 | 253 | 253 |
2022 | 231 | 231 |
2023 | 214 | 214 |
2024 | 196 | 196 |
2025 | 178 | 177 |
2026 | 159 | 158 |
2027 | 141 | 139 |
2028 | 122 | 120 |
2029 | 104 | 100 |
2030 | 85 | 80 |
2031 | 66 | 60 |
2032 | 46 | 40 |
2033 | 27 | 20 |
2034 | 7 | -1 |
2035 | -13 | -23 |
2036 | -33 | -45 |
2037 | -54 | -67 |
2038 | -76 | -90 |
2039 | -97 | -113 |
2040 | -119 | -137 |
2041 | -142 | -161 |
2042 | -165 | -186 |
2043 | -188 | -211 |
2044 | -211 | -236 |
2045 | -235 | -262 |
2046 | -258 | -287 |
2047 | -282 | -313 |
2048 | -306 | -339 |
2049 | -330 | -365 |
2050 | -354 | -392 |
2051 | -378 | -418 |
2052 | -403 | -445 |
2053 | -427 | -472 |
2054 | -452 | -499 |
2055 | -477 | -526 |
2056 | -502 | -553 |
2057 | -527 | -581 |
2058 | -552 | -608 |
2059 | -578 | -636 |
2060 | -604 | -664 |
2061 | -630 | -693 |
2062 | -657 | -722 |
2063 | -684 | -752 |
2064 | -712 | -781 |
2065 | -740 | -812 |
2066 | -768 | -842 |
2067 | -796 | -873 |
2068 | -825 | -905 |
2069 | -855 | -936 |
2070 | -884 | -968 |
2071 | -914 | -1001 |
2072 | -945 | -1034 |
2073 | -976 | -1067 |
2074 | -1007 | -1100 |
2075 | -1039 | -1135 |
2076 | -1071 | -1170 |
2077 | -1105 | -1206 |
2078 | -1139 | -1243 |
2079 | -1175 | -1282 |
2080 | -1211 | -1321 |
2081 | -1248 | -1361 |
2082 | -1286 | -1401 |
2083 | -1324 | -1442 |
2084 | -1363 | -1485 |
2085 | -1403 | -1527 |
2086 | -1443 | -1571 |
2087 | -1483 | -1614 |
2088 | -1524 | -1658 |
2089 | -1564 | -1702 |
2090 | -1604 | -1746 |
2091 | -1643 | -1788 |
2092 | -1681 | -1829 |
2093 | -1718 | -1869 |
2094 | -1754 | -1909 |
2095 | -1789 | -1948 |
2096 | -1825 | -1986 |
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