2013 OASDI Trustees Report

Index

A

Actuarial balance 1, 2, 3, 4, 5

Actuarial deficit 1, 2, 3, 4, 5

Actuarial estimates, LR

Actuarial estimates, SR

Adjusted program amounts

Administrative expenses 1, 2, 3, 4, 5, 6, 7, 8

Advance tax transfers 1, 2

Amendments

Annual balance 1, 2, 3

Asset reserves 1, 2, 3, 4, 5, 6, 7, 8, 9

Assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11

Automatic cost-of-living benefit increase 1, 2, 3

Auxiliary benefits

Average benefits

Average earnings assumptions

Average indexed monthly earnings (AIME)

Average wage index 1, 2

Award

B

Baby-boom generation 1, 2, 3, 4, 5, 6

Bend points

Beneficiaries, DI

Beneficiary 1, 2, 3, 4, 5, 6, 7, 8, 9, 10

Beneficiary, OASI

Benefit payments 1, 2, 3, 4, 5

Benefit termination

Best estimate 1, 2, 3, 4

Board of Trustees 1, 2, 3

C

Constant dollars

Consumer Price Index 1, 2, 3, 4

Contribution and benefit base 1, 2, 3, 4

Contributions 1, 2, 3, 4, 5, 6, 7

Cost 1, 2

Cost rate 1, 2, 3, 4

Cost-of-living adjustment

Covered earnings 1, 2, 3

Covered employment 1, 2, 3, 4, 5, 6

Covered worker 1, 2, 3

Creditable earnings

Current dollars

Current-payment status 1, 2, 3, 4, 5

D

Delayed retirement credit

Demographic assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9

Deterministic model 1, 2

DI beneficiaries

Disability 1, 2, 3

Disability conversion ratio

Disability incidence rate 1, 2, 3, 4, 5, 6

Disability Insurance Trust Fund

Disability prevalence rate 1, 2

Disability termination rate

Disabled-worker benefit 1, 2

Disbursements 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12

E

Earnings 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13

Earnings test 1, 2, 3

Economic assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10

Excess wages

Expenditures 1, 2, 3, 4, 5, 6, 7

F

Federal Insurance Contributions Act 1, 2

Fertility assumptions

Financial interchange 1, 2, 3

Fiscal year 1, 2, 3

Full advance funding

G

General Fund of the Treasury 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11

General fund reimbursement

Gross domestic product 1, 2, 3, 4, 5, 6, 7

Gross domestic product projections

H

High-cost assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14

Hospital Insurance program 1, 2

Hospital Insurance Trust Fund

I

Immigration 1, 2, 3, 4, 5, 6, 7, 8, 9

Immigration assumptions

Income rate 1, 2, 3, 4

Infinite horizon

Inflation 1, 2, 3, 4, 5

Inflation assumptions

Insured population 1, 2

Insured status

Interest 1, 2, 3, 4, 5, 6, 7

Interest rate 1, 2, 3, 4

Interest rate projections

Interest rates

Interfund borrowing 1, 2

Intermediate assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16

L

Labor force projections

Legal immigration 1, 2, 3, 4, 5

Life expectancy 1, 2, 3, 4, 5, 6

Life expectancy estimates

Long range 1, 2, 3, 4, 5, 6, 7

Low-cost assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12

Lump-sum death payment

M

Medicare 1, 2

Military service 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11

N

National average wage index 1, 2

Normal retirement age 1, 2, 3, 4

O

OASI beneficiaries

Old-Age and Survivors Insurance Trust Fund 1, 2

Old-law base

Other immigration 1, 2, 3, 4

P

Par value

Partial advance funding

Pay-as-you-go financing

Payroll taxes 1, 2, 3, 4, 5, 6, 7, 8

Population estimates

Population in the Social Security area 1, 2, 3, 4

Present value

Primary insurance amount (PIA)

Productivity assumptions

Q

Quarters of coverage

R

Railroad Retirement 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12

Reallocation of tax rates

Real-wage differential 1, 2

Recession 1, 2, 3

Retired-worker benefit 1, 2, 3

Retirement age 1, 2, 3

Retirement earnings test 1, 2

Retirement eligibility age

S

Scenario-based model

Scheduled benefits 1, 2, 3, 4, 5

Self-employment 1, 2, 3

Self-Employment Contributions Act 1, 2

Sensitivity analysis

Short range 1, 2, 3

Social Security Act 1, 2, 3, 4, 5

Social Security amendments

Solvency

Special public-debt obligation 1, 2, 3

Stochastic projections

Substantial gainful activity 1, 2

Summarized balance

Summarized income and cost rates 1, 2, 3, 4, 5

Supplemental Security Income

Supplementary Medical Insurance program 1, 2

Survivor benefit 1, 2, 3, 4

Sustainable solvency 1, 2

T

Taxable earnings 1, 2, 3, 4, 5

Taxable payroll 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11

Taxable self-employment income

Taxable wages 1, 2, 3

Taxation of benefits 1, 2, 3, 4, 5

Taxes 1, 2, 3

Termination

Termination rate 1, 2, 3, 4

Test of short-range financial adequacy 1, 2, 3

Total fertility rate 1, 2

Trust fund financial operations 1, 2, 3, 4

Trust fund ratio 1, 2, 3, 4, 5, 6, 7

Trust fund reserves

U

Unemployment projections

Unfunded obligation 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15

Unnegotiated check

V

Valuation period 1, 2, 3, 4, 5, 6

Vocational rehabilitation 1, 2, 3, 4, 5, 6, 7

Y

Year of depletion 1, 2 3, 4