Proposed Provision: Starting December 2015, 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 | 
      
    
    
      | 2014 | 320 | 320 |       
| 2015 | 306 | 306 |       
| 2016 | 292 | 293 |       
| 2017 | 277 | 279 |       
| 2018 | 262 | 265 |       
| 2019 | 248 | 252 |       
| 2020 | 233 | 239 |       
| 2021 | 219 | 226 |       
| 2022 | 203 | 212 |       
| 2023 | 187 | 198 |       
| 2024 | 171 | 183 |       
| 2025 | 154 | 168 |       
| 2026 | 137 | 153 |       
| 2027 | 119 | 137 |       
| 2028 | 101 | 122 |       
| 2029 | 83 | 105 |       
| 2030 | 64 | 89 |       
| 2031 | 44 | 71 |       
| 2032 | 23 | 53 |       
| 2033 | 2 | 35 |       
| 2034 | -20 | 16 |       
| 2035 | -42 | -4 |       
| 2036 | -65 | -23 |       
| 2037 | -88 | -43 |       
| 2038 | -112 | -64 |       
| 2039 | -136 | -84 |       
| 2040 | -160 | -105 |       
| 2041 | -185 | -126 |       
| 2042 | -210 | -147 |       
| 2043 | -235 | -168 |       
| 2044 | -260 | -189 |       
| 2045 | -285 | -210 |       
| 2046 | -310 | -232 |       
| 2047 | -336 | -253 |       
| 2048 | -362 | -275 |       
| 2049 | -388 | -297 |       
| 2050 | -415 | -319 |       
| 2051 | -442 | -342 |       
| 2052 | -468 | -364 |       
| 2053 | -495 | -387 |       
| 2054 | -523 | -409 |       
| 2055 | -550 | -432 |       
| 2056 | -578 | -456 |       
| 2057 | -606 | -480 |       
| 2058 | -635 | -504 |       
| 2059 | -664 | -529 |       
| 2060 | -694 | -554 |       
| 2061 | -725 | -580 |       
| 2062 | -756 | -606 |       
| 2063 | -787 | -633 |       
| 2064 | -819 | -661 |       
| 2065 | -852 | -688 |       
| 2066 | -885 | -716 |       
| 2067 | -918 | -745 |       
| 2068 | -952 | -774 |       
| 2069 | -987 | -804 |       
| 2070 | -1022 | -834 |       
| 2071 | -1057 | -865 |       
| 2072 | -1094 | -896 |       
| 2073 | -1132 | -929 |       
| 2074 | -1171 | -962 |       
| 2075 | -1210 | -996 |       
| 2076 | -1251 | -1031 |       
| 2077 | -1293 | -1067 |       
| 2078 | -1335 | -1103 |       
| 2079 | -1378 | -1140 |       
| 2080 | -1421 | -1177 |       
| 2081 | -1464 | -1214 |       
| 2082 | -1507 | -1251 |       
| 2083 | -1550 | -1288 |       
| 2084 | -1593 | -1325 |       
| 2085 | -1636 | -1362 |       
| 2086 | -1680 | -1400 |       
| 2087 | -1724 | -1438 |       
| 2088 | -1769 | -1476 |       
| 2089 | -1814 | -1515 | 
    
    
  
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