Proposed Provision: Starting December 2012, 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
2011353353
2012347347
2013341342
2014334336
2015328331
2016321326
2017314320
2018306314
2019296306
2020284296
2021272286
2022259275
2023245263
2024230250
2025214237
2026198223
2027181209
2028164194
2029145178
2030127162
2031107145
203287128
203367111
20344693
20352575
2036457
2037-1839
2038-4020
2039-622
2040-85-17
2041-108-36
2042-130-55
2043-153-73
2044-176-92
2045-200-111
2046-223-130
2047-247-150
2048-271-169
2049-295-189
2050-319-208
2051-343-228
2052-368-248
2053-393-268
2054-418-289
2055-443-309
2056-468-330
2057-494-351
2058-521-373
2059-548-395
2060-575-417
2061-602-440
2062-630-463
2063-659-486
2064-687-509
2065-716-533
2066-746-557
2067-775-582
2068-805-606
2069-835-631
2070-866-656
2071-897-682
2072-928-708
2073-960-734
2074-992-760
2075-1025-788
2076-1058-815
2077-1092-843
2078-1126-872
2079-1161-901
2080-1196-930
2081-1232-960
2082-1268-990
2083-1305-1021
2084-1342-1052
2085-1380-1084
2086-1419-1116
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