Proposed Provision: A2. Starting December 2023, reduce the annual COLA by 0.5 percentage point.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2022 | 230 | 230 |
2023 | 211 | 211 |
2024 | 194 | 195 |
2025 | 177 | 179 |
2026 | 160 | 163 |
2027 | 143 | 148 |
2028 | 126 | 133 |
2029 | 109 | 118 |
2030 | 91 | 103 |
2031 | 74 | 88 |
2032 | 57 | 74 |
2033 | 39 | 59 |
2034 | 21 | 45 |
2035 | 3 | 30 |
2036 | -16 | 15 |
2037 | -35 | 0 |
2038 | -54 | -16 |
2039 | -74 | -31 |
2040 | -95 | -47 |
2041 | -116 | -63 |
2042 | -137 | -79 |
2043 | -158 | -95 |
2044 | -180 | -112 |
2045 | -202 | -128 |
2046 | -224 | -145 |
2047 | -246 | -161 |
2048 | -268 | -178 |
2049 | -291 | -194 |
2050 | -313 | -211 |
2051 | -336 | -228 |
2052 | -359 | -245 |
2053 | -383 | -262 |
2054 | -406 | -280 |
2055 | -430 | -297 |
2056 | -453 | -315 |
2057 | -477 | -333 |
2058 | -501 | -351 |
2059 | -525 | -369 |
2060 | -550 | -388 |
2061 | -575 | -407 |
2062 | -601 | -427 |
2063 | -627 | -447 |
2064 | -654 | -468 |
2065 | -681 | -489 |
2066 | -708 | -510 |
2067 | -736 | -531 |
2068 | -764 | -553 |
2069 | -792 | -575 |
2070 | -821 | -598 |
2071 | -850 | -621 |
2072 | -880 | -644 |
2073 | -910 | -667 |
2074 | -940 | -691 |
2075 | -971 | -716 |
2076 | -1003 | -741 |
2077 | -1036 | -766 |
2078 | -1069 | -793 |
2079 | -1104 | -820 |
2080 | -1139 | -848 |
2081 | -1175 | -876 |
2082 | -1212 | -905 |
2083 | -1249 | -934 |
2084 | -1286 | -963 |
2085 | -1324 | -993 |
2086 | -1363 | -1023 |
2087 | -1402 | -1053 |
2088 | -1442 | -1083 |
2089 | -1481 | -1113 |
2090 | -1520 | -1143 |
2091 | -1558 | -1172 |
2092 | -1595 | -1200 |
2093 | -1632 | -1228 |
2094 | -1668 | -1255 |
2095 | -1703 | -1282 |
2096 | -1738 | -1308 |
2097 | -1773 | -1334 |
back