Number |
Table and graph selection |
A1 |
Starting December 2013, reduce the annual COLA by 1 percentage point.
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A2 |
Starting December 2013, reduce the annual COLA by 0.5 percentage point.
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A3 |
Starting December 2013, 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.
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A4 |
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. The new COLA will not apply to DI benefits. It will
apply to OASI benefits, except for those of formerly disabled-workers who
converted to retired-worker status.
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A5 |
Starting December 2013, add 1 percentage point to the annual COLA for
beneficiaries who have lived past a "specified age". The "specified age"
is the sum of: (1) 65 and (2) the unisex cohort life expectancy at age 65.
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A6 |
Starting December 2014, compute the COLA using the Consumer Price Index
for the Elderly (CPI-E). We estimate this new computation will increase
the annual COLA by about 0.2 percentage point, on average.
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A7 |
Starting December 2013, reduce the annual COLA by 1 percentage point, but not
to less than zero. In cases where the unreduced COLA is less than 1 percentage
point, do not carry over the unused reduction into future years.
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Memorandum containing this or a similar provision:
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Above provisions
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