Number 
Table and graph selection 
A1 
Starting December 2017, reduce the annual COLA by 1 percentage point.
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A2 
Starting December 2017, reduce the annual COLA by 0.5 percentage point.
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A3 
Starting December 2017, compute the COLA using a chained version of the
consumer price index for wage and salary workers (CPIW). We estimate this
new computation will reduce the annual COLA by about 0.3 percentage point,
on average.
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A4 
Starting December 2019, compute the COLA using a chained version of the
consumer price index for wage and salary workers (CPIW). We estimate this
new computation will reduce the annual COLA by about 0.3 percentage point,
on average. The new COLA will not apply to DI benefits. It will apply to OASI
benefits, except for those of formerly disabledworkers who converted to
retiredworker status.
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A5 
Starting December 2017, add 1 percentage point to the annual COLA for
beneficiaries who have lived past a "specified age". The "specified age"
is the sum of: (1) 65 and (2) the unisex cohort life expectancy at age 65.
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A6 
Starting December 2018, compute the COLA using the Consumer Price Index for
the Elderly (CPIE). We estimate this new computation will increase the annual
COLA by about 0.2 percentage point, on average.
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A7 
Starting December 2017, 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.
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A8 
Starting December 2017, for OASI beneficiaries only (DI beneficiaries would
only be affected when their benefit converts to OASI at NRA), the annual COLA
would be based on the chainweighted version of the CPIU.
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Memorandum containing this or a similar provision:


Above provisions
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