Short-Range Actuarial Projections |
|||||
ACTUARIAL STUDY NO. 119
by Chris Motsiopoulos and Richard B. Tucker | |||||
Calendar
period |
FICA
|
SECA
|
State deposits
|
Adjustments
|
Refunds
|
Total
|
|||
---|---|---|---|---|---|---|---|---|---|
Tax receipts
|
Credit 1
|
Tax receipts
|
Credit 1
|
Tax receipts
|
Credit 1
|
||||
1980
|
$10,932.0
|
...
|
$716.0
|
...
|
$1,576.0
|
...
|
$93.7
|
-$63.0
|
$13,254.7
|
1981
|
14,334.0
|
...
|
657.0
|
...
|
1,579.0
|
...
|
215.1
|
-47.0
|
16,738.1
|
1982
|
19,112.0
|
...
|
916.0
|
...
|
2,185.0
|
...
|
-186.9
|
-31.0
|
21,995.1
|
1983
|
15,291.0
|
...
|
872.0
|
...
|
1,819.0
|
...
|
-383.0
|
-52.8
|
17,546.2
|
1984
|
13,244.0
|
$344.0
|
746.0
|
$60.0
|
1,539.0
|
$38.0
|
-79.3
|
-38.8
|
15,852.9
|
1985
|
14,379.0
|
6.3
|
757.0
|
170.0
|
1,693.0
|
3.0
|
199.8
|
-49.0
|
17,159.1
|
1986
|
15,448.0
|
6.3
|
831.0
|
145.6
|
1,848.0
|
-.2
|
142.8
|
-53.0
|
18,368.5
|
1987
|
18,313.0
|
.5
|
940.0
|
152.3
|
235.0
|
-.1
|
58.0
|
-28.6
|
19,670.1
|
1988
|
20,704.0
|
.2
|
1,191.0
|
201.7
|
4.0
|
...
|
-40.7
|
-48.5
|
22,011.7
|
1989
|
22,580.0
|
.1
|
1,309.0
|
195.7
|
1.0
|
.2
|
-44.9
|
-77.0
|
23,964.1
|
1990
|
27,193.0
|
.1
|
1,600.0
|
136.1
|
-4.0
|
...
|
-359.1
|
-75.8
|
28,490.3
|
1991
|
27,598.0
|
...
|
1,908.0
|
9.2
|
-2.7
|
...
|
-346.0
|
-66.1
|
29,100.4
|
1992
|
28,614.0
|
...
|
1,931.0
|
-11.7
|
-.1
|
-.2
|
-358.6
|
-73.4
|
30,101.0
|
1993
|
29,919.0
|
...
|
1,833.0
|
3.8
|
.4
|
...
|
-552.5
|
-51.3
|
31,152.4
|
1994
|
35,960.0
|
...
|
2,477.0
|
.6
|
...
|
...
|
12,965.2
|
-79.9
|
51,322.9
|
1995
|
51,649.0
|
...
|
3,269.0
|
-3.7
|
.1
|
...
|
-444.2
|
-119.4
|
54,350.8
|
1996
|
54,289.0
|
...
|
3,326.0
|
.1
|
-6.2
|
...
|
-191.3
|
-139.4
|
57,278.2
|
1997
|
52,781.0
|
...
|
3,315.0
|
.1
|
.5
|
...
|
65.2
|
-158.0
|
56,003.8
|
1998
|
56,085.0
|
...
|
3,257.0
|
.1
|
-.5
|
...
|
-121.6
|
-292.8
|
58,927.2
|
1999
|
59,546.0
|
...
|
3,386.0
|
...
|
1.8
|
...
|
438.7
|
-205.6
|
63,166.9
|
2000
|
67,542.0
|
...
|
3,700.0
|
.1
|
2.5
|
...
|
117.8
|
-270.4
|
71,092.0
|
2001
|
71,067.0
|
...
|
3,932.0
|
.1
|
...
|
...
|
379.2
|
-446.5
|
74,931.8
|
2002
|
73,519.0
|
...
|
4,045.0
|
.1
|
...
|
...
|
-139.9
|
-152.2
|
77,272.0
|
2003
|
74,964.0
|
...
|
4,092.0
|
...
|
...
|
...
|
-1,368.3
|
-246.0
|
77,441.7
|
2004
|
76,841.0
|
...
|
4,516.0
|
...
|
...
|
...
|
-978.7
|
-202.2
|
80,176.1
|
2005-I
|
20,565.0
|
...
|
928.0
|
...
|
...
|
...
|
-100.2
|
...
|
21,392.8
|
2005-II
|
20,805.0
|
...
|
2,636.0
|
...
|
...
|
...
|
183.8
|
...
|
23,624.8
|
2005-III
|
19,802.0
|
...
|
878.0
|
...
|
...
|
...
|
-160.4
|
-260.0
|
20,259.6
|
2005-IV
|
19,127.0
|
...
|
104.0
|
...
|
...
|
...
|
-185.9
|
...
|
19,045.1
|
2006-I
|
22,080.0
|
...
|
975.0
|
...
|
...
|
...
|
88.2
|
...
|
23,143.2
|
2006-II
|
22,121.0
|
...
|
2,767.0
|
...
|
...
|
...
|
372.3
|
...
|
25,260.3
|
2006-III
|
20,619.0
|
...
|
924.0
|
...
|
...
|
...
|
46.6
|
-283.0
|
21,306.6
|
2006-IV
|
20,113.0
|
...
|
109.0
|
...
|
...
|
...
|
-156.9
|
...
|
20,065.1
|
2007-I
|
23,381.0
|
...
|
1,026.0
|
...
|
...
|
...
|
61.1
|
...
|
24,468.1
|
2007-II
|
23,307.0
|
...
|
2,913.0
|
...
|
...
|
...
|
37.0
|
...
|
26,257.0
|
2007-III
|
21,711.0
|
...
|
972.0
|
...
|
...
|
...
|
48.8
|
-305.0
|
22,426.8
|
2007-IV
|
21,111.0
|
...
|
115.0
|
...
|
...
|
...
|
-164.8
|
...
|
21,061.2
|
2008-I
|
24,505.0
|
...
|
1,080.0
|
...
|
...
|
...
|
64.2
|
...
|
25,649.2
|
2008-II
|
24,433.0
|
...
|
3,068.0
|
...
|
...
|
...
|
38.9
|
...
|
27,539.9
|
2008-III
|
22,718.0
|
...
|
1,025.0
|
...
|
...
|
...
|
51.3
|
-326.0
|
23,468.3
|
2008-IV
|
22,324.0
|
...
|
121.0
|
...
|
...
|
...
|
-173.5
|
...
|
22,271.5
|
2009-I
|
25,608.0
|
...
|
1,138.0
|
...
|
...
|
...
|
67.6
|
...
|
26,813.6
|
2009-II
|
25,503.0
|
...
|
3,234.0
|
...
|
...
|
...
|
40.9
|
...
|
28,777.9
|
2009-III
|
23,702.0
|
...
|
1,080.0
|
...
|
...
|
...
|
53.9
|
-344.0
|
24,491.9
|
2009-IV
|
23,775.0
|
...
|
128.0
|
...
|
...
|
...
|
-182.6
|
...
|
23,720.4
|
2010-I
|
26,505.0
|
...
|
1,200.0
|
...
|
...
|
...
|
71.1
|
...
|
27,776.1
|
2010-II
|
26,903.0
|
...
|
3,409.0
|
...
|
...
|
...
|
43.0
|
...
|
30,355.0
|
2010-III
|
25,203.0
|
...
|
1,139.0
|
...
|
...
|
...
|
56.7
|
-362.0
|
26,036.7
|
2010-IV
|
24,751.0
|
...
|
135.0
|
...
|
...
|
...
|
-192.6
|
...
|
24,693.4
|
2011-I
|
27,964.0
|
...
|
1,265.0
|
...
|
...
|
...
|
74.9
|
...
|
29,303.9
|
2011-II
|
28,265.0
|
...
|
3,593.0
|
...
|
...
|
...
|
45.3
|
...
|
31,903.3
|
2011-III
|
26,552.0
|
...
|
1,200.0
|
...
|
...
|
...
|
59.7
|
-381.0
|
27,430.7
|
2011-IV
|
25,533.0
|
...
|
142.0
|
...
|
...
|
...
|
-203.0
|
...
|
25,472.0
|
2012-I
|
29,622.0
|
...
|
1,333.0
|
...
|
...
|
...
|
78.9
|
...
|
31,033.9
|
2012-II
|
29,521.0
|
...
|
3,782.0
|
...
|
...
|
...
|
47.7
|
...
|
33,350.7
|
2012-III
|
27,473.0
|
...
|
1,262.0
|
...
|
...
|
...
|
62.9
|
-400.0
|
28,397.9
|
2012-IV
|
26,696.0
|
...
|
149.0
|
...
|
...
|
...
|
-214.0
|
...
|
26,631.0
|
2013-I
|
30,849.0
|
...
|
1,400.0
|
...
|
...
|
...
|
83.2
|
...
|
32,332.2
|
2013-II
|
30,931.0
|
...
|
3,972.0
|
...
|
...
|
...
|
50.3
|
...
|
34,953.3
|
2013-III
|
28,654.0
|
...
|
1,324.0
|
...
|
...
|
...
|
66.3
|
-422.0
|
29,622.3
|
2013-IV
|
27,893.0
|
...
|
156.0
|
...
|
...
|
...
|
-225.5
|
...
|
27,823.5
|
2014-I
|
32,257.0
|
...
|
1,470.0
|
...
|
...
|
...
|
87.7
|
...
|
33,814.7
|
2014-II
|
32,148.0
|
...
|
4,170.0
|
...
|
...
|
...
|
53.0
|
...
|
36,371.0
|
2014-III
|
29,859.0
|
...
|
1,391.0
|
...
|
...
|
...
|
69.9
|
-443.0
|
30,876.9
|
2014-IV
|
29,323.0
|
...
|
164.0
|
...
|
...
|
...
|
-236.8
|
...
|
29,250.2
|
1Credit against FICA and SECA tax liability not applicable until 1984. |
Sources:
Note: Future estimates based on 2005 Trustees Report intermediate set of assumptions.