Proposed Provision: 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.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Present Law Provision
2014320320
2015306306
2016292293
2017277279
2018262265
2019248252
2020233239
2021219226
2022203212
2023187198
2024171183
2025154168
2026137153
2027119137
2028101122
202983105
20306489
20314471
20322353
2033235
2034-2016
2035-42-4
2036-65-23
2037-88-43
2038-112-64
2039-136-84
2040-160-105
2041-185-126
2042-210-147
2043-235-168
2044-260-189
2045-285-210
2046-310-232
2047-336-253
2048-362-275
2049-388-297
2050-415-319
2051-442-342
2052-468-364
2053-495-387
2054-523-409
2055-550-432
2056-578-456
2057-606-480
2058-635-504
2059-664-529
2060-694-554
2061-725-580
2062-756-606
2063-787-633
2064-819-661
2065-852-688
2066-885-716
2067-918-745
2068-952-774
2069-987-804
2070-1022-834
2071-1057-865
2072-1094-896
2073-1132-929
2074-1171-962
2075-1210-996
2076-1251-1031
2077-1293-1067
2078-1335-1103
2079-1378-1140
2080-1421-1177
2081-1464-1214
2082-1507-1251
2083-1550-1288
2084-1593-1325
2085-1636-1362
2086-1680-1400
2087-1724-1438
2088-1769-1476
2089-1814-1515
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