Proposed Provision: Starting December 2014, 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
2013330330
2014315315
2015301302
2016286287
2017271274
2018257262
2019244250
2020231238
2021218227
2022204214
2023189201
2024173188
2025158174
2026142160
2027125146
2028108131
202990115
20307199
20315282
20323165
20331147
2034-1129
2035-3210
2036-55-9
2037-78-29
2038-101-49
2039-124-69
2040-148-89
2041-172-109
2042-196-129
2043-220-150
2044-245-170
2045-269-191
2046-294-211
2047-319-232
2048-345-253
2049-371-275
2050-397-296
2051-423-318
2052-449-340
2053-476-362
2054-502-384
2055-530-407
2056-557-430
2057-585-453
2058-613-477
2059-642-501
2060-671-526
2061-701-551
2062-732-577
2063-763-603
2064-794-630
2065-826-657
2066-859-684
2067-892-712
2068-925-741
2069-959-770
2070-993-799
2071-1028-829
2072-1064-860
2073-1101-891
2074-1139-924
2075-1178-957
2076-1217-991
2077-1258-1025
2078-1299-1060
2079-1340-1096
2080-1382-1131
2081-1424-1167
2082-1466-1203
2083-1508-1238
2084-1550-1274
2085-1592-1311
2086-1635-1347
2087-1678-1384
2088-1722-1422
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