Proposed Provision: Starting with the December 2012 cost-of-living adjustment (COLA), compute the COLA using a chained version of the consumer price index for wage and salary workers (CPI-W). This new computation is estimated to result in an annual COLA that is 0.3 percentage point less, on average.

OASDI Cost Rates and Income Rates
(as a percentage of taxable payroll)

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
201012.312.313.113.1
201112.912.913.013.0
201212.912.912.812.8
201312.912.912.812.8
201412.912.912.912.8
201512.912.913.012.9
201613.013.013.113.0
201713.013.013.313.1
201813.013.013.513.3
201913.013.013.813.6
202013.013.014.113.9
202113.113.114.514.2
202213.113.114.714.4
202313.113.115.014.7
202413.113.115.314.9
202513.113.115.515.1
202613.113.115.815.3
202713.213.116.015.5
202813.213.116.115.6
202913.213.216.315.8
203013.213.216.415.9
203113.213.216.516.0
203213.213.216.616.0
203313.213.216.716.1
203413.213.216.716.1
203513.213.216.716.1
203613.213.216.716.1
203713.213.216.716.1
203813.213.216.716.1
203913.213.216.716.0
204013.213.216.616.0
204113.213.216.615.9
204213.213.216.615.9
204313.213.216.515.8
204413.213.216.515.8
204513.213.216.415.8
204613.213.216.415.8
204713.213.216.415.7
204813.213.216.415.7
204913.213.216.415.7
205013.213.216.315.7
205113.213.216.315.7
205213.213.216.315.7
205313.213.216.315.7
205413.213.216.315.7
205513.213.216.415.7
205613.213.216.415.7
205713.213.216.415.7
205813.213.216.415.8
205913.213.216.515.8
206013.213.216.515.8
206113.213.216.515.8
206213.213.216.515.9
206313.213.216.615.9
206413.313.216.615.9
206513.313.216.615.9
206613.313.216.716.0
206713.313.216.716.0
206813.313.216.716.0
206913.313.216.816.1
207013.313.216.816.1
207113.313.216.816.1
207213.313.216.916.2
207313.313.216.916.2
207413.313.217.016.3
207513.313.217.016.3
207613.313.217.116.4
207713.313.217.116.4
207813.313.317.216.4
207913.313.317.216.5
208013.313.317.316.5
208113.313.317.316.6
208213.313.317.316.6
208313.313.317.416.6
208413.313.317.416.7
208513.313.317.516.7
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