Proposed Provision: Starting with the December 2011 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 Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2010355355
2011353353
2012350351
2013346348
2014341344
2015335341
2016330337
2017324332
2018317327
2019309321
2020299314
2021289306
2022277296
2023264286
2024251274
2025237263
2026221250
2027205236
2028189222
2029171208
2030154193
2031136178
2032117162
203398146
203479130
203559114
20363998
20371981
2038-164
2039-2148
2040-4231
2041-6315
2042-84-2
2043-105-19
2044-126-36
2045-147-52
2046-168-69
2047-189-86
2048-211-103
2049-233-120
2050-255-137
2051-277-155
2052-299-172
2053-321-190
2054-344-207
2055-366-225
2056-389-243
2057-412-262
2058-436-281
2059-460-300
2060-485-319
2061-509-339
2062-534-359
2063-560-379
2064-586-400
2065-612-421
2066-638-442
2067-665-464
2068-692-486
2069-720-508
2070-748-531
2071-776-554
2072-805-577
2073-834-601
2074-864-625
2075-894-650
2076-925-675
2077-957-701
2078-989-727
2079-1021-754
2080-1054-781
2081-1087-808
2082-1121-836
2083-1156-865
2084-1191-894
2085-1227-924
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