Estimates Under the 2023 Trustees Report

COLAs & AWI increases under
the intermediate assumptions
of the 2023 Trustees Report
Calendar year COLA
(percent)
Increase in
AWI (percent)
2023 3.2a 4.2
2024 2.4 3.7
2025 2.4 4.1
2026 2.4 4.1
2027 2.4 4.1
2028 2.4 4.0
2029 2.4 4.0
2030 2.4 4.0
2031 2.4 4.0
2032 2.4 3.8

a Actual amount, as determined under automatic-adjustment provisions.