Proposed Provision: Starting December 2017, compute the COLA using a chained version of the consumer price index for wage and salary workers (CPI-W). We estimate this new computation will reduce the annual COLA by about 0.3 percentage point, on average.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2016303303
2017293293
2018277278
2019262263
2020246249
2021231236
2022216221
2023200206
2024183191
2025165175
2026149160
2027132145
2028115131
202998116
203081101
20316486
20324671
20332755
2034839
2035-1122
2036-306
2037-50-11
2038-71-28
2039-91-46
2040-112-63
2041-133-81
2042-154-99
2043-176-116
2044-197-134
2045-218-151
2046-240-169
2047-262-187
2048-283-205
2049-305-222
2050-327-240
2051-349-258
2052-371-276
2053-393-294
2054-415-312
2055-437-330
2056-460-348
2057-482-367
2058-506-386
2059-529-406
2060-553-426
2061-578-446
2062-603-467
2063-628-488
2064-654-509
2065-680-531
2066-706-553
2067-733-576
2068-760-599
2069-788-622
2070-816-646
2071-845-670
2072-874-695
2073-905-721
2074-935-747
2075-967-774
2076-1000-802
2077-1033-830
2078-1068-859
2079-1102-888
2080-1138-918
2081-1173-948
2082-1208-978
2083-1243-1007
2084-1279-1037
2085-1314-1067
2086-1349-1096
2087-1384-1126
2088-1419-1156
2089-1455-1186
2090-1491-1217
2091-1528-1248
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