1996 OASDI Trustees Report

July 1996

Description

The 1996 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Disability Insurance Trust Funds was issued on June 5, 1996 as a printed document of over 200 pages. The Trustees Report has three main sections, with eight or nine subsections in each section. There are 67 tables and 13 charts. We split the report by subsection, and further split the tables and charts into separate files. Each of the subsections, tables, and charts has an entry in the table of contents, list of tables, or list of charts, respectively. In addition, to assist lay readers, we have added hypertext links from the main report documents to the appropriate spots in the Trustees Report Glossary (Appendix G).

The hypertext markup language used to create documents has a method to create tables, but it is not yet available in all readers. Therefore, we have created our tables using a simple tabular design. This may add some inconvenience when reading the tables; on the other hand, the lack of markup symbols in the tables will make it easier to download the figures in the tables and incorporate them in other work.

CONTENTS

I. OVERVIEW

• A. INTRODUCTION
• B. ADVISORY COUNCIL
• C. HIGHLIGHTS
• D. TRUST FUND FINANCIAL OPERATIONS
• E. INTRODUCTION TO ACTUARIAL ESTIMATES
• F. ECONOMIC AND DEMOGRAPHIC ASSUMPTIONS
• G. SHORT-RANGE ACTUARIAL ESTIMATES
• H. LONG-RANGE ACTUARIAL ESTIMATES
• I. CONCLUSION

II. ACTUARIAL ANALYSIS

• A. SOCIAL SECURITY AMENDMENTS SINCE THE 1995 REPORT
• B. DESCRIPTION OF THE TRUST FUNDS
• C. SUMMARY OF THE OPERATIONS OF THE OLD-AGE AND SURVIVORS INSURANCE AND DISABILITY INSURANCE TRUST FUNDS, FISCAL YEAR 1995
• D. PRINCIPAL ECONOMIC AND DEMOGRAPHIC ASSUMPTIONS
• E. AUTOMATIC ADJUSTMENTS
• F. ACTUARIAL ESTIMATES
• G. LONG-RANGE SENSITIVITY ANALYSIS
• H. ASSUMPTIONS AND METHODS UNDERLYING THE ACTUARIAL ESTIMATES

III. APPENDICES

• A. ACTUARIAL ESTIMATES FOR THE OASDI AND HI PROGRAMS, COMBINED
• B. LONG-RANGE ESTIMATES OF SOCIAL SECURITY TRUST FUND OPERATIONS IN DOLLARS
• C. LONG-RANGE ESTIMATES OF SOCIAL SECURITY TRUST FUND OPERATIONS AS A PERCENTAGE OF THE GROSS DOMESTIC PRODUCT
• D. TEN YEAR HISTORY OF ACTUARIAL BALANCE ESTIMATES
• E. ACTUARIAL ANALYSIS OF BENEFIT DISBURSEMENTS FROM THE FEDERAL OLD-AGE AND SURVIVORS INSURANCE TRUST FUND WITH RESPECT TO DISABLED BENEFICIARIES
• F. FEDERAL REGISTER NOTICE
• G. GLOSSARY
• H. STATEMENT OF ACTUARIAL OPINION