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 |
2011 | 353 | 353 |
2012 | 347 | 347 |
2013 | 341 | 342 |
2014 | 334 | 336 |
2015 | 328 | 331 |
2016 | 321 | 326 |
2017 | 314 | 320 |
2018 | 306 | 314 |
2019 | 296 | 306 |
2020 | 284 | 296 |
2021 | 272 | 286 |
2022 | 259 | 275 |
2023 | 245 | 263 |
2024 | 230 | 250 |
2025 | 214 | 237 |
2026 | 198 | 223 |
2027 | 181 | 209 |
2028 | 164 | 194 |
2029 | 145 | 178 |
2030 | 127 | 162 |
2031 | 107 | 145 |
2032 | 87 | 128 |
2033 | 67 | 111 |
2034 | 46 | 93 |
2035 | 25 | 75 |
2036 | 4 | 57 |
2037 | -18 | 39 |
2038 | -40 | 20 |
2039 | -62 | 2 |
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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