Proposed Provision: A3. Starting December 2019, 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
2018288288
2019272272
2020256257
2021239241
2022223225
2023206209
2024188193
2025171178
2026154162
2027137147
2028120132
2029104117
203086102
20316986
20325171
20333355
20341438
2035-522
2036-254
2037-46-13
2038-67-31
2039-88-49
2040-110-68
2041-132-87
2042-154-105
2043-176-124
2044-199-143
2045-221-162
2046-244-181
2047-267-199
2048-289-218
2049-312-237
2050-335-255
2051-358-274
2052-381-293
2053-403-312
2054-426-330
2055-450-349
2056-473-369
2057-496-388
2058-520-407
2059-544-427
2060-569-448
2061-594-468
2062-619-490
2063-645-511
2064-671-533
2065-698-556
2066-725-578
2067-752-602
2068-780-625
2069-808-649
2070-837-673
2071-866-698
2072-896-724
2073-927-750
2074-958-776
2075-990-803
2076-1023-831
2077-1057-860
2078-1092-890
2079-1128-921
2080-1165-952
2081-1202-984
2082-1240-1015
2083-1278-1048
2084-1316-1080
2085-1354-1112
2086-1392-1145
2087-1430-1177
2088-1468-1208
2089-1505-1240
2090-1543-1272
2091-1580-1303
2092-1618-1335
2093-1655-1367
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