He spent six months calculating the chemical formula and equations needed to produce the polymer.

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It will also replace the existing formula for calculating payments with a simpler system.

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Earlier this month, President Barack Obama proposed to tweak the formula for calculating the cost-of-living adjustment, or COLA, for Social Security recipients.

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The government changed the formula for calculating rail fare increases from 2012.

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Based on the formula for calculating income, the allowable distribution was only about 29K per year representing an allowance of less than 4%.

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Price indexing involves changing the fundamental Social Security benefit formula for calculating the future benefits workers would receive at retirement (not the post-retirement Social Security COLA).

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What is needed is a combination of steps: some immediate limitation on COLAS, some intermediate move to prevent inflation from pushing up benefits faster than the rise in wages and payroll taxes, some long-range measures to raise the retirement age and keep the formula for calculating benefits from straining the resources of society.

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