Proposed Provision: Starting December 2015, 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 Cost Rates and Income Rates
(as a percentage of taxable payroll)

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
201412.712.714.014.0
201512.912.914.014.0
201612.912.914.013.8
201712.912.914.013.7
201812.912.914.013.7
201912.912.914.113.7
202013.012.914.313.7
202113.013.014.513.8
202213.013.014.713.9
202313.013.015.014.1
202413.113.015.314.3
202513.113.015.514.4
202613.113.015.814.6
202713.113.016.014.7
202813.113.116.214.9
202913.113.116.415.0
203013.113.116.615.1
203113.213.116.715.1
203213.213.116.915.2
203313.213.117.015.2
203413.213.117.015.2
203513.213.117.115.2
203613.213.117.115.2
203713.213.117.115.2
203813.213.117.115.2
203913.213.117.115.1
204013.213.117.115.1
204113.213.117.015.0
204213.213.117.015.0
204313.213.117.014.9
204413.213.117.014.9
204513.213.116.914.8
204613.213.116.914.8
204713.213.116.914.8
204813.213.116.914.8
204913.213.116.914.8
205013.213.116.914.8
205113.213.116.914.8
205213.213.116.914.8
205313.213.116.914.8
205413.213.117.014.9
205513.213.117.014.9
205613.213.117.114.9
205713.213.117.115.0
205813.213.117.215.0
205913.213.117.215.1
206013.213.117.315.1
206113.213.117.315.2
206213.213.117.415.2
206313.213.117.415.2
206413.213.117.415.3
206513.213.117.515.3
206613.213.117.515.3
206713.313.117.615.4
206813.313.117.615.4
206913.313.117.715.5
207013.313.117.715.5
207113.313.117.815.5
207213.313.117.815.5
207313.313.217.815.6
207413.313.217.915.6
207513.313.217.915.6
207613.313.217.915.6
207713.313.217.915.6
207813.313.217.915.6
207913.313.217.915.6
208013.313.217.915.6
208113.313.217.915.6
208213.313.217.915.6
208313.313.218.015.6
208413.313.218.015.7
208513.313.218.015.7
208613.313.218.115.7
208713.313.218.115.8
208813.313.218.215.8
208913.313.218.215.9
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