Proposed Provision: A7. Starting December 2024, reduce the annual COLA by 1 percentage point, but not to less than zero. In cases where the unreduced COLA is less than 1 percentage point, do not carry over the unused reduction into future years.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2023 | 204 | 204 |
| 2024 | 187 | 187 |
| 2025 | 168 | 169 |
| 2026 | 149 | 153 |
| 2027 | 131 | 137 |
| 2028 | 114 | 123 |
| 2029 | 96 | 108 |
| 2030 | 78 | 95 |
| 2031 | 60 | 81 |
| 2032 | 43 | 68 |
| 2033 | 25 | 55 |
| 2034 | 7 | 43 |
| 2035 | -12 | 31 |
| 2036 | -31 | 19 |
| 2037 | -51 | 6 |
| 2038 | -70 | -6 |
| 2039 | -91 | -18 |
| 2040 | -112 | -31 |
| 2041 | -133 | -43 |
| 2042 | -154 | -55 |
| 2043 | -176 | -67 |
| 2044 | -198 | -79 |
| 2045 | -220 | -91 |
| 2046 | -243 | -103 |
| 2047 | -265 | -115 |
| 2048 | -288 | -126 |
| 2049 | -311 | -138 |
| 2050 | -333 | -150 |
| 2051 | -357 | -162 |
| 2052 | -380 | -174 |
| 2053 | -403 | -186 |
| 2054 | -427 | -198 |
| 2055 | -450 | -210 |
| 2056 | -474 | -223 |
| 2057 | -498 | -236 |
| 2058 | -522 | -249 |
| 2059 | -547 | -262 |
| 2060 | -572 | -276 |
| 2061 | -597 | -291 |
| 2062 | -623 | -306 |
| 2063 | -650 | -321 |
| 2064 | -677 | -337 |
| 2065 | -705 | -353 |
| 2066 | -733 | -369 |
| 2067 | -762 | -386 |
| 2068 | -791 | -403 |
| 2069 | -820 | -421 |
| 2070 | -850 | -438 |
| 2071 | -880 | -457 |
| 2072 | -911 | -475 |
| 2073 | -942 | -494 |
| 2074 | -974 | -513 |
| 2075 | -1006 | -533 |
| 2076 | -1039 | -553 |
| 2077 | -1074 | -573 |
| 2078 | -1108 | -594 |
| 2079 | -1144 | -616 |
| 2080 | -1181 | -638 |
| 2081 | -1218 | -660 |
| 2082 | -1256 | -683 |
| 2083 | -1294 | -705 |
| 2084 | -1333 | -728 |
| 2085 | -1373 | -751 |
| 2086 | -1413 | -774 |
| 2087 | -1453 | -797 |
| 2088 | -1494 | -820 |
| 2089 | -1534 | -843 |
| 2090 | -1574 | -865 |
| 2091 | -1613 | -887 |
| 2092 | -1651 | -908 |
| 2093 | -1689 | -928 |
| 2094 | -1726 | -948 |
| 2095 | -1762 | -968 |
| 2096 | -1798 | -987 |
| 2097 | -1833 | -1006 |
| 2098 | -1868 | -1024 |
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