Proposed Provision: A3. Starting December 2018, 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 Current Law Provision
2017298298
2018287287
2019273274
2020259260
2021245248
2022230234
2023215220
2024199206
2025182191
2026165175
2027148160
2028130144
2029112128
203094112
20317595
20325679
20333761
20341644
2035-426
2036-267
2037-47-12
2038-70-31
2039-92-50
2040-115-70
2041-138-89
2042-161-109
2043-184-128
2044-207-148
2045-230-167
2046-253-186
2047-276-205
2048-300-224
2049-323-244
2050-346-263
2051-370-282
2052-393-301
2053-417-321
2054-440-340
2055-464-359
2056-487-379
2057-511-399
2058-536-419
2059-560-439
2060-585-460
2061-611-482
2062-637-503
2063-663-525
2064-690-548
2065-717-571
2066-745-594
2067-772-617
2068-801-641
2069-829-665
2070-858-690
2071-888-715
2072-918-741
2073-949-768
2074-981-795
2075-1014-822
2076-1047-851
2077-1082-880
2078-1117-910
2079-1153-941
2080-1190-972
2081-1227-1003
2082-1264-1035
2083-1300-1066
2084-1337-1097
2085-1374-1128
2086-1410-1158
2087-1446-1189
2088-1483-1220
2089-1520-1252
2090-1557-1283
2091-1595-1315
2092-1633-1348
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