Proposed Provision: Starting December 2016, 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
2015308308
2016298298
2017280281
2018264266
2019248251
2020233237
2021219224
2022204211
2023189197
2024173183
2025157169
2026142156
2027126142
2028110128
202994114
203077100
20316085
20324269
20332353
2034437
2035-1620
2036-363
2037-57-15
2038-78-33
2039-100-51
2040-122-69
2041-144-88
2042-166-106
2043-189-125
2044-211-143
2045-234-162
2046-257-181
2047-280-200
2048-303-219
2049-327-239
2050-351-258
2051-375-278
2052-398-297
2053-423-317
2054-447-337
2055-472-357
2056-496-378
2057-522-399
2058-548-420
2059-574-442
2060-601-465
2061-629-488
2062-657-511
2063-685-535
2064-714-560
2065-744-585
2066-774-610
2067-804-636
2068-835-662
2069-867-689
2070-899-716
2071-932-744
2072-965-773
2073-1000-802
2074-1035-832
2075-1072-863
2076-1110-895
2077-1148-928
2078-1188-962
2079-1228-996
2080-1268-1030
2081-1309-1065
2082-1350-1100
2083-1391-1134
2084-1432-1169
2085-1472-1204
2086-1514-1239
2087-1555-1274
2088-1597-1310
2089-1640-1346
2090-1683-1383
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