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Description of Proposed Provision:
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  | Financial Estimates for the OASDI Trust Fund Program |
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Proposal |
  |
Change from Present Law |
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Expressed as a percentage of present-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of present-law taxable payroll | ||||||
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
2010 | 13.09 | 12.33 | -0.76 | 355 | 0.00 | 0.00 | 0.00 | ||
2011 | 13.29 | 12.92 | -0.37 | 346 | 0.26 | 0.01 | -0.25 | ||
2012 | 13.10 | 12.88 | -0.21 | 342 | 0.25 | 0.01 | -0.24 | ||
2013 | 13.07 | 12.91 | -0.16 | 335 | 0.25 | 0.01 | -0.24 | ||
2014 | 13.12 | 12.93 | -0.19 | 329 | 0.25 | 0.01 | -0.24 | ||
2015 | 13.23 | 12.95 | -0.29 | 322 | 0.26 | 0.01 | -0.24 | ||
2016 | 13.36 | 12.97 | -0.39 | 315 | 0.26 | 0.01 | -0.25 | ||
2017 | 13.57 | 13.00 | -0.57 | 307 | 0.26 | 0.01 | -0.25 | ||
2018 | 13.81 | 13.03 | -0.79 | 299 | 0.27 | 0.01 | -0.25 | ||
2019 | 14.11 | 13.04 | -1.07 | 289 | 0.27 | 0.01 | -0.26 | ||
2020 | 14.43 | 13.06 | -1.37 | 278 | 0.28 | 0.01 | -0.27 | ||
2021 | 14.74 | 13.08 | -1.66 | 266 | 0.29 | 0.01 | -0.27 | ||
2022 | 15.04 | 13.10 | -1.94 | 253 | 0.29 | 0.01 | -0.28 | ||
2023 | 15.32 | 13.12 | -2.21 | 239 | 0.30 | 0.01 | -0.28 | ||
2024 | 15.59 | 13.13 | -2.46 | 224 | 0.30 | 0.01 | -0.29 | ||
2025 | 15.84 | 13.15 | -2.69 | 209 | 0.31 | 0.02 | -0.29 | ||
2026 | 16.07 | 13.16 | -2.91 | 192 | 0.31 | 0.02 | -0.30 | ||
2027 | 16.27 | 13.18 | -3.10 | 174 | 0.32 | 0.02 | -0.30 | ||
2028 | 16.45 | 13.19 | -3.26 | 156 | 0.32 | 0.02 | -0.30 | ||
2029 | 16.61 | 13.20 | -3.41 | 137 | 0.32 | 0.02 | -0.31 | ||
2030 | 16.73 | 13.21 | -3.52 | 118 | 0.33 | 0.02 | -0.31 | ||
2031 | 16.83 | 13.22 | -3.62 | 98 | 0.33 | 0.02 | -0.31 | ||
2032 | 16.92 | 13.22 | -3.69 | 78 | 0.33 | 0.02 | -0.31 | ||
2033 | 16.99 | 13.23 | -3.76 | 57 | 0.33 | 0.02 | -0.31 | ||
2034 | 17.03 | 13.24 | -3.80 | 36 | 0.33 | 0.02 | -0.31 | ||
2035 | 17.06 | 13.24 | -3.82 | 15 | 0.33 | 0.02 | -0.31 | ||
2036 | 17.07 | 13.24 | -3.83 | ---- | 0.33 | 0.02 | -0.32 | ||
2037 | 17.07 | 13.25 | -3.82 | ---- | 0.33 | 0.02 | -0.32 | ||
2038 | 17.05 | 13.25 | -3.80 | ---- | 0.33 | 0.02 | -0.31 | ||
2039 | 17.01 | 13.25 | -3.77 | ---- | 0.33 | 0.02 | -0.31 | ||
2040 | 16.97 | 13.25 | -3.73 | ---- | 0.33 | 0.02 | -0.31 | ||
2041 | 16.93 | 13.25 | -3.68 | ---- | 0.33 | 0.02 | -0.31 | ||
2042 | 16.88 | 13.24 | -3.64 | ---- | 0.33 | 0.02 | -0.31 | ||
2043 | 16.84 | 13.24 | -3.60 | ---- | 0.33 | 0.02 | -0.31 | ||
2044 | 16.80 | 13.24 | -3.56 | ---- | 0.33 | 0.02 | -0.31 | ||
2045 | 16.77 | 13.24 | -3.53 | ---- | 0.33 | 0.02 | -0.31 | ||
2046 | 16.74 | 13.24 | -3.50 | ---- | 0.33 | 0.02 | -0.31 | ||
2047 | 16.72 | 13.24 | -3.48 | ---- | 0.33 | 0.02 | -0.31 | ||
2048 | 16.70 | 13.24 | -3.46 | ---- | 0.33 | 0.02 | -0.31 | ||
2049 | 16.68 | 13.24 | -3.44 | ---- | 0.33 | 0.02 | -0.31 | ||
2050 | 16.66 | 13.24 | -3.42 | ---- | 0.32 | 0.02 | -0.31 | ||
2051 | 16.65 | 13.24 | -3.41 | ---- | 0.32 | 0.02 | -0.31 | ||
2052 | 16.65 | 13.24 | -3.41 | ---- | 0.32 | 0.02 | -0.31 | ||
2053 | 16.66 | 13.25 | -3.41 | ---- | 0.32 | 0.02 | -0.31 | ||
2054 | 16.67 | 13.25 | -3.42 | ---- | 0.33 | 0.02 | -0.31 | ||
2055 | 16.69 | 13.25 | -3.44 | ---- | 0.33 | 0.02 | -0.31 | ||
2056 | 16.72 | 13.25 | -3.47 | ---- | 0.33 | 0.02 | -0.31 | ||
2057 | 16.74 | 13.25 | -3.49 | ---- | 0.33 | 0.02 | -0.31 | ||
2058 | 16.77 | 13.26 | -3.51 | ---- | 0.33 | 0.02 | -0.31 | ||
2059 | 16.79 | 13.26 | -3.53 | ---- | 0.33 | 0.02 | -0.31 | ||
2060 | 16.81 | 13.26 | -3.55 | ---- | 0.33 | 0.02 | -0.31 | ||
2061 | 16.84 | 13.26 | -3.57 | ---- | 0.33 | 0.02 | -0.31 | ||
2062 | 16.86 | 13.26 | -3.60 | ---- | 0.33 | 0.02 | -0.31 | ||
2063 | 16.89 | 13.27 | -3.62 | ---- | 0.33 | 0.02 | -0.31 | ||
2064 | 16.92 | 13.27 | -3.65 | ---- | 0.33 | 0.02 | -0.31 | ||
2065 | 16.95 | 13.27 | -3.68 | ---- | 0.33 | 0.02 | -0.31 | ||
2066 | 16.98 | 13.27 | -3.71 | ---- | 0.33 | 0.02 | -0.31 | ||
2067 | 17.02 | 13.28 | -3.74 | ---- | 0.33 | 0.02 | -0.31 | ||
2068 | 17.06 | 13.28 | -3.78 | ---- | 0.33 | 0.02 | -0.32 | ||
2069 | 17.10 | 13.28 | -3.82 | ---- | 0.33 | 0.02 | -0.32 | ||
2070 | 17.14 | 13.28 | -3.86 | ---- | 0.33 | 0.02 | -0.32 | ||
2071 | 17.18 | 13.29 | -3.90 | ---- | 0.34 | 0.02 | -0.32 | ||
2072 | 17.23 | 13.29 | -3.94 | ---- | 0.34 | 0.02 | -0.32 | ||
2073 | 17.27 | 13.29 | -3.98 | ---- | 0.34 | 0.02 | -0.32 | ||
2074 | 17.32 | 13.30 | -4.02 | ---- | 0.34 | 0.02 | -0.32 | ||
2075 | 17.37 | 13.30 | -4.07 | ---- | 0.34 | 0.02 | -0.32 | ||
2076 | 17.41 | 13.30 | -4.11 | ---- | 0.34 | 0.02 | -0.32 | ||
2077 | 17.46 | 13.31 | -4.15 | ---- | 0.34 | 0.02 | -0.32 | ||
2078 | 17.50 | 13.31 | -4.19 | ---- | 0.34 | 0.02 | -0.32 | ||
2079 | 17.55 | 13.31 | -4.24 | ---- | 0.34 | 0.02 | -0.32 | ||
2080 | 17.59 | 13.31 | -4.28 | ---- | 0.34 | 0.02 | -0.33 | ||
2081 | 17.64 | 13.32 | -4.32 | ---- | 0.34 | 0.02 | -0.33 | ||
2082 | 17.68 | 13.32 | -4.36 | ---- | 0.35 | 0.02 | -0.33 | ||
2083 | 17.73 | 13.32 | -4.41 | ---- | 0.35 | 0.02 | -0.33 | ||
2084 | 17.77 | 13.33 | -4.45 | ---- | 0.35 | 0.02 | -0.33 | ||
2085 | 17.82 | 13.33 | -4.49 | ---- | 0.35 | 0.02 | -0.33 |
  | Summarized Estimates |
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  |
Proposal |
  |
Change from Present Law |
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---|---|---|---|---|---|---|---|---|---|
Years | Cost rate |
Income rate |
Actuarial balance |
Year of exhaustion1 |
Cost rate |
Income rate |
Actuarial balance |
||
Based on Intermediate Assumptions of the 2010 Trustees Report. | |||||||||
2010-2084 | 16.24% | 14.02% | -2.22% | 2035 | 0.31% | 0.02% | -0.30% | ||
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1 Under present law, the year of exhaustion
is 2037. |
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