Detailed Single Year Tables

Updated May 3, 2006

Level of OASDI Contribution and Benefit Base	Description of Proposed Provision: Beginning in 2006, make all earnings subject to the payroll tax (but retain the current-law taxable maximum for benefit calculations)

Estimates based on the intermediate assumptions of the 2005 Trustees Report

Financial Estimates for the OASDI Trust Fund Program
Calendar year	Cost rate	Income rate	Annual balance	Trust fund ratio as of January 1	With this provision	Present law	Percentage increase
	Percentage of taxable payroll			Trust fund ratio as of January 1	OASDI taxable payroll (in billions of dollars)
2005	11.13	12.72	1.59	320	4,730	4,730	0.0
2006	9.35	12.68	3.33	337	5,861	4,985	17.6
2007	9.29	12.69	3.40	373	6,177	5,244	17.8
2008	9.32	12.73	3.41	408	6,500	5,511	17.9
2009	9.42	12.71	3.29	440	6,828	5,784	18.1
2010	9.52	12.73	3.21	470	7,166	6,065	18.1
2011	9.66	12.77	3.12	499	7,515	6,354	18.3
2012	9.85	12.80	2.95	523	7,870	6,646	18.4
2013	10.07	12.82	2.76	545	8,233	6,946	18.5
2014	10.30	12.84	2.54	564	8,607	7,258	18.6
2015	10.53	12.85	2.32	581	8,994	7,583	18.6
2016	10.78	12.87	2.09	595	9,392	7,919	18.6
2017	11.04	12.89	1.85	607	9,807	8,268	18.6
2018	11.30	12.90	1.61	617	10,236	8,630	18.6
2019	11.56	12.92	1.36	625	10,682	9,005	18.6
2020	11.83	12.93	1.11	631	11,141	9,391	18.6
2021	12.09	12.95	0.86	635	11,619	9,794	18.6
2022	12.35	12.97	0.61	639	12,112	10,209	18.6
2023	12.60	12.98	0.38	640	12,624	10,640	18.7
2024	12.85	12.99	0.14	641	13,152	11,085	18.7
2025	13.10	13.01	-0.09	640	13,699	11,545	18.7
2026	13.34	13.02	-0.32	638	14,268	12,024	18.7
2027	13.57	13.04	-0.53	636	14,867	12,527	18.7
2028	13.76	13.05	-0.71	633	15,492	13,054	18.7
2029	13.94	13.06	-0.88	630	16,140	13,599	18.7
2030	14.11	13.07	-1.03	626	16,814	14,166	18.7
2031	14.26	13.08	-1.17	623	17,518	14,758	18.7
2032	14.39	13.09	-1.30	619	18,258	15,381	18.7
2033	14.49	13.10	-1.39	615	19,034	16,033	18.7
2034	14.57	13.11	-1.46	612	19,843	16,714	18.7
2035	14.63	13.11	-1.52	609	20,680	17,418	18.7
2036	14.68	13.12	-1.57	606	21,554	18,153	18.7
2037	14.72	13.12	-1.60	603	22,469	18,923	18.7
2038	14.74	13.12	-1.62	601	23,426	19,728	18.7
2039	14.75	13.12	-1.62	599	24,425	20,569	18.8
2040	14.75	13.13	-1.63	598	25,464	21,442	18.8
2041	14.76	13.13	-1.63	596	26,546	22,353	18.8
2042	14.76	13.13	-1.63	594	27,675	23,302	18.8
2043	14.76	13.13	-1.63	592	28,853	24,292	18.8
2044	14.77	13.13	-1.64	590	30,077	25,321	18.8
2045	14.77	13.13	-1.64	588	31,343	26,386	18.8
2046	14.78	13.13	-1.65	587	32,657	27,491	18.8
2047	14.80	13.14	-1.66	584	34,027	28,642	18.8
2048	14.81	13.14	-1.67	582	35,453	29,842	18.8
2049	14.83	13.14	-1.69	580	36,933	31,085	18.8
2050	14.85	13.14	-1.71	577	38,466	32,374	18.8
2051	14.88	13.14	-1.73	574	40,066	33,719	18.8
2052	14.91	13.15	-1.76	571	41,733	35,120	18.8
2053	14.94	13.15	-1.79	568	43,469	36,579	18.8
2054	14.97	13.15	-1.82	564	45,281	38,101	18.8
2055	15.01	13.15	-1.86	559	47,162	39,682	18.9
2056	15.06	13.16	-1.90	555	49,116	41,324	18.9
2057	15.10	13.16	-1.94	550	51,154	43,036	18.9
2058	15.14	13.16	-1.98	545	53,275	44,817	18.9
2059	15.19	13.17	-2.02	539	55,481	46,670	18.9
2060	15.23	13.17	-2.06	534	57,777	48,600	18.9
2061	15.27	13.17	-2.10	528	60,165	50,605	18.9
2062	15.32	13.17	-2.15	521	62,658	52,699	18.9
2063	15.37	13.18	-2.19	514	65,259	54,883	18.9
2064	15.42	13.18	-2.24	507	67,965	57,155	18.9
2065	15.47	13.18	-2.29	500	70,781	59,520	18.9
2066	15.52	13.19	-2.33	492	73,692	61,964	18.9
2067	15.57	13.19	-2.38	484	76,725	64,511	18.9
2068	15.62	13.19	-2.42	475	79,908	67,183	18.9
2069	15.66	13.20	-2.46	466	83,228	69,970	18.9
2070	15.70	13.20	-2.50	457	86,679	72,868	19.0
2071	15.74	13.20	-2.54	448	90,269	75,881	19.0
2072	15.78	13.20	-2.57	438	94,003	79,015	19.0
2073	15.81	13.21	-2.61	429	97,896	82,282	19.0
2074	15.85	13.21	-2.64	418	101,950	85,685	19.0
2075	15.88	13.21	-2.67	408	106,164	89,221	19.0
2076	15.92	13.21	-2.71	397	110,548	92,900	19.0
2077	15.96	13.21	-2.74	386	115,109	96,727	19.0
2078	15.99	13.22	-2.78	375	119,858	100,711	19.0
2079	16.03	13.22	-2.81	363	124,802	104,859	19.0
2080	16.07	13.22	-2.85	351	129,946	109,174	19.0

Summarized Rates
	Years	Cost rate	Income rate	Actuarial balance		Change in actuarial balance
	2005-2079	13.35%	13.64%	0.28%		2.21%


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Detailed Single Year Tables

Description of Proposed Provision: Beginning in 2006, make all earnings subject to the payroll tax (but retain the current-law taxable maximum for benefit calculations)

Description of Proposed Provision:
Beginning in 2006, make all earnings subject to the payroll tax (but retain the current-law taxable maximum for benefit calculations)