Table VI.F7.-Selected Economic Variables
Calendar Years 2003-80
High Cost Assumptions
[GDP and taxable payroll in billions]
Calendar
year		 Adjusted
CPI 1		 SSA average
wage index 2		 Taxable
payroll 3		 Gross
domestic
product		 Compound
interest-rate
factor 4
2003 97.54 $33,909.16 $4,340 $10,935 0.9568
2004 100.00 34,689.53 4,454 11,381 1.0000
2005 102.57 36,681.63 4,725 12,062 1.0615
2006 104.89 38,198.10 4,962 12,697 1.1206
2007 108.84 39,367.07 5,163 13,181 1.1841
2008 114.66 41,635.34 5,448 14,075 1.2770
2009 121.00 44,708.10 5,867 15,336 1.3916
2010 126.67 47,176.90 6,240 16,354 1.4937
2011 131.66 49,289.76 6,581 17,235 1.5875
2012 136.66 51,481.02 6,918 18,177 1.6842
2013 141.86 53,687.37 7,263 19,191 1.7868
2014 147.25 56,028.90 7,621 20,185 1.8956
2015 152.85 58,448.97 7,996 21,230 2.0110
2016 158.65 60,997.37 8,386 22,318 2.1335
2017 164.68 63,662.71 8,792 23,459 2.2634
2018 170.94 66,419.86 9,216 24,655 2.4013
2019 177.44 69,325.56 9,653 25,891 2.5475
2020 184.18 72,375.61 10,110 27,185 2.7027
2021 191.18 75,503.21 10,581 28,525 2.8672
2022 198.44 78,914.29 11,072 29,929 3.0419
2023 205.98 82,448.41 11,579 31,382 3.2271
2024 213.81 86,072.27 12,109 32,904 3.4236
2025 221.93 89,807.59 12,663 34,502 3.6321
2026 230.37 93,698.61 13,243 36,180 3.8533
2027 239.12 97,944.56 13,850 37,941 4.0880
2028 248.21 102,365.64 14,480 39,776 4.3370
2029 257.64 106,874.83 15,138 41,698 4.6011
2030 267.43 111,528.28 15,827 43,713 4.8813
2031 277.59 116,378.07 16,547 45,826 5.1786
2032 288.14 121,657.24 17,300 48,046 5.4939
2033 299.09 127,173.04 18,089 50,374 5.8285
2034 310.46 132,800.63 18,912 52,808 6.1835
2035 322.25 138,589.64 19,770 55,354 6.5600
2036 334.50 144,631.57 20,665 58,016 6.9595
2037 347.21 151,170.65 21,598 60,800 7.3834
2038 360.40 158,020.31 22,576 63,726 7.8330
2039 374.10 165,036.80 23,600 66,793 8.3101
2040 388.32 172,247.21 24,662 69,987 8.8161
2041 403.07 179,724.61 25,769 73,328 9.3531
2042 418.39 187,776.24 26,920 76,815 9.9227
2043 434.29 196,250.83 28,117 80,452 10.5269
2044 450.79 204,982.49 29,361 84,238 11.1680
2045 467.92 213,952.21 30,649 88,180 11.8482
2046 485.70 223,213.03 31,998 92,317 12.5697
2047 504.16 233,131.62 33,408 96,657 13.3352
2048 523.32 243,566.79 34,870 101,173 14.1473
2049 543.20 254,302.74 36,387 105,874 15.0089
2050 563.84 265,336.92 37,964 110,773 15.9229
2051 585.27 276,761.08 39,603 115,884 16.8926
2052 607.51 288,984.75 41,302 121,200 17.9214
2053 630.60 301,866.31 43,068 126,747 19.0128
2054 654.56 315,141.17 44,909 132,541 20.1707
2055 679.43 328,834.68 46,835 138,621 21.3991
2056 705.25 343,001.38 48,849 144,994 22.7023
2057 732.05 358,134.35 50,931 151,610 24.0849
2058 759.87 374,040.55 53,099 158,521 25.5516
2059 788.74 390,426.55 55,359 165,745 27.1077
2060 818.71 407,407.31 57,695 173,235 28.7586
2061 849.83 424,994.56 60,102 180,983 30.5100
2062 882.12 443,714.63 62,620 189,110 32.3681
2063 915.64 463,381.80 65,244 197,608 34.3393
2064 950.43 483,675.01 68,008 206,573 36.4305
2065 986.55 504,783.62 70,906 215,997 38.6492
2066 1,024.04 526,841.54 73,895 225,757 41.0029
2067 1,062.95 550,017.52 77,006 235,944 43.5000
2068 1,103.34 574,294.74 80,238 246,564 46.1491
2069 1,145.27 599,484.42 83,604 257,654 48.9596
2070 1,188.79 625,782.24 87,101 269,207 51.9412
2071 1,233.97 653,222.84 90,728 281,234 55.1045
2072 1,280.86 681,900.35 94,491 293,749 58.4603
2073 1,329.53 711,907.47 98,426 306,872 62.0206
2074 1,380.05 743,175.58 102,545 320,644 65.7976
2075 1,432.49 775,778.45 106,850 335,075 69.8047
2076 1,486.93 809,836.39 111,321 350,113 74.0558
2077 1,543.43 845,414.82 115,969 365,790 78.5658
2078 1,602.08 882,567.68 120,804 382,149 83.3504
2079 1,662.96 921,340.00 125,842 399,246 88.4265
2080 1,726.15 961,786.66 131,071 417,043 93.8117
1 The adjusted CPI is the CPI-W indexed to calendar year 2004.
2 The SSA average wage index is used to automatically adjust the contribution and benefit base and other wage-indexed program amounts. (See "Average wage index" in the glossary.)
3 Taxable payroll consists of total earnings subject to OASDI contribution rates, adjusted to include deemed wages based on military service through calendar year 2001 and to reflect the lower effective contribution rates (compared to the combined employee-employer rate) which apply to multiple-employer "excess wages."
4 The compound interest-rate factor is based on the average of the assumed annual interest rates for special public-debt obligations issuable to the trust funds in the 12 months of the year, under each alternative.

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