Proposed Provision: Starting with the December 2010 cost-of-living adjustment (COLA), compute the COLA using a chained version of the consumer price index for wage and salary workers (CPI-W). This new computation is estimated to result in an annual COLA that is 0.3 percentage point less, on average.

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

Year Present Law Provision
2009354354
2010360360
2011366366
2012369370
2013367370
2014364368
2015359365
2016354361
2017347356
2018338348
2019327340
2020315330
2021302319
2022289308
2023275296
2024260283
2025244270
2026227256
2027209241
2028191225
2029173209
2030153193
2031133176
2032113158
203392141
203471123
203550105
20362987
2037769
2038-1650
2039-3831
2040-6113
2041-83-6
2042-106-24
2043-129-43
2044-152-62
2045-175-81
2046-199-99
2047-222-118
2048-246-137
2049-270-157
2050-294-176
2051-318-195
2052-342-215
2053-366-234
2054-391-254
2055-415-274
2056-440-294
2057-466-314
2058-491-335
2059-517-356
2060-544-378
2061-570-399
2062-598-422
2063-625-444
2064-653-467
2065-681-490
2066-710-513
2067-739-537
2068-768-561
2069-798-586
2070-828-611
2071-859-636
2072-890-662
2073-922-688
2074-954-715
2075-987-742
2076-1020-769
2077-1054-798
2078-1089-826
2079-1124-855
2080-1159-885
2081-1195-915
2082-1232-946
2083-1270-977
2084-1308-1009
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