Operations of the Combined OASI and DI Trust Funds, in CPI-Indexed 2023 Dollars — 2023 OASDI Trustees Report
Single-Year Tables | Historical data | Intermediate Assumptions | Low-Cost Assumptions | High-Cost Assumptions |
Calendar year |
Non-Interest income |
Interest income |
Total income |
Cost b |
Asset reserves at end of year b |
|||||
---|---|---|---|---|---|---|---|---|---|---|
Historical data: |
||||||||||
1970 | $270.5 | $13.8 | $284.2 | $254.4 | $292.5 | |||||
1971 | 286.2 | 14.9 | 301.2 | 283.7 | 297.7 | |||||
1972 | 309.0 | 15.7 | 324.7 | 308.0 | 304.4 | |||||
1973 | 351.3 | 16.0 | 367.3 | 356.3 | 297.7 | |||||
1974 | 358.9 | 16.1 | 374.9 | 366.0 | 277.2 | |||||
1975 | 358.8 | 15.9 | 374.6 | 383.2 | 245.6 | |||||
1976 | 378.8 | 14.3 | 393.1 | 409.9 | 215.5 | |||||
1977 | 390.9 | 12.5 | 403.4 | 429.3 | 176.4 | |||||
1978 | 409.4 | 10.3 | 419.8 | 438.6 | 145.0 | |||||
1979 | 425.1 | 8.8 | 433.9 | 439.9 | 124.2 | |||||
1980 | 424.3 | 8.4 | 432.7 | 446.6 | 95.6 | |||||
1981 | 459.6 | 7.3 | 467.0 | 473.2 | 80.4 | |||||
1982 | 453.1 | 4.3 | 457.4 | 495.1 | 76.6 | |||||
1983 | 489.4 | 24.8 | 514.2 | 513.9 | 74.7 | |||||
1984 | 531.4 | 10.0 | 541.4 | 523.4 | 90.1 | |||||
1985 | 562.8 | 7.7 | 570.5 | 534.3 | 118.2 | |||||
1986 | 587.6 | 10.7 | 598.3 | 556.0 | 129.3 | |||||
1987 | 601.2 | 14.1 | 615.4 | 556.9 | 183.3 | |||||
1988 | 653.8 | 20.9 | 674.7 | 569.9 | 281.1 | |||||
1989 | 676.4 | 31.0 | 707.4 | 577.4 | 398.3 | |||||
1990 | 692.6 | 40.1 | 732.7 | 588.0 | 523.3 | |||||
1991 | 686.7 | 48.8 | 735.5 | 611.8 | 626.4 | |||||
1992 | 687.8 | 55.0 | 742.8 | 632.8 | 718.7 | |||||
1993 | 691.0 | 58.8 | 749.8 | 651.1 | 797.7 | |||||
1994 | 720.3 | 64.0 | 784.3 | 664.7 | 898.1 | |||||
1995 | 729.1 | 70.0 | 799.1 | 679.7 | 992.3 | |||||
1996 | 750.0 | 75.3 | 825.3 | 687.5 | 1,102.4 | |||||
1997 | 786.9 | 83.2 | 870.1 | 701.8 | 1,246.3 | |||||
1998 | 825.3 | 92.5 | 917.9 | 717.2 | 1,430.6 | |||||
1999 | 865.0 | 101.8 | 966.8 | 721.4 | 1,645.3 | |||||
2000 | 894.1 | 114.4 | 1,008.4 | 736.4 | 1,861.8 | |||||
2001 | 913.8 | 125.9 | 1,039.7 | 758.0 | 2,094.1 | |||||
2002 | 931.3 | 136.9 | 1,068.2 | 786.4 | 2,347.3 | |||||
2003 | 911.5 | 141.5 | 1,053.0 | 798.4 | 2,551.0 | |||||
2004 | 923.7 | 144.5 | 1,068.2 | 814.7 | 2,739.5 | |||||
2005 | 953.0 | 147.9 | 1,100.9 | 831.4 | 2,915.8 | |||||
2006 | 976.7 | 155.7 | 1,132.4 | 844.4 | 3,113.6 | |||||
2007 | 997.1 | 162.8 | 1,159.9 | 878.5 | 3,307.9 | |||||
2008 | 978.2 | 165.1 | 1,143.3 | 887.5 | 3,433.8 | |||||
2009 | 985.0 | 169.2 | 1,154.2 | 980.3 | 3,631.1 | |||||
2010 | 929.3 | 164.5 | 1,093.9 | 997.8 | 3,653.5 | |||||
2011 | 934.0 | 154.6 | 1,088.7 | 995.4 | 3,621.4 | |||||
2012 | 968.3 | 144.6 | 1,112.8 | 1,040.8 | 3,618.9 | |||||
2013 | 982.8 | 134.3 | 1,117.2 | 1,075.2 | 3,612.0 | |||||
2014 | 1,011.9 | 126.4 | 1,138.3 | 1,106.1 | 3,590.8 | |||||
2015 | 1,068.8 | 120.6 | 1,189.4 | 1,159.6 | 3,635.4 | |||||
2016 | 1,112.5 | 113.1 | 1,225.6 | 1,180.6 | 3,645.3 | |||||
2017 | 1,142.5 | 106.7 | 1,249.2 | 1,193.9 | 3,624.7 | |||||
2018 | 1,124.6 | 101.8 | 1,226.4 | 1,222.6 | 3,538.4 | |||||
2019 | 1,179.4 | 97.2 | 1,276.6 | 1,273.6 | 3,483.5 | |||||
2020 | 1,237.8 | 90.4 | 1,328.1 | 1,315.2 | 3,454.7 | |||||
2021 | 1,149.1 | 79.1 | 1,228.2 | 1,291.7 | 3,218.6 | |||||
2022 | 1,201.6 | 69.0 | 1,270.7 | 1,293.7 | 2,943.1 | |||||
Intermediate: |
||||||||||
2023 | 1,269.0 | 65.7 | 1,334.7 | 1,387.9 | 2,776.7 | |||||
2024 | 1,255.0 | 62.4 | 1,317.4 | 1,448.0 | 2,577.6 | |||||
2025 | 1,293.2 | 58.6 | 1,351.8 | 1,499.5 | 2,369.5 | |||||
2026 | 1,331.5 | 55.8 | 1,387.3 | 1,550.7 | 2,150.6 | |||||
2027 | 1,361.1 | 53.0 | 1,414.2 | 1,598.9 | 1,915.4 | |||||
2028 | 1,390.1 | 49.3 | 1,439.4 | 1,646.7 | 1,663.3 | |||||
2029 | 1,418.1 | 44.5 | 1,462.6 | 1,693.7 | 1,393.2 | |||||
2030 | 1,444.9 | 38.8 | 1,483.7 | 1,739.3 | 1,105.0 | |||||
2031 | 1,472.7 | 31.9 | 1,504.6 | 1,783.8 | 800.0 | |||||
2032 | 1,497.7 | 23.7 | 1,521.3 | 1,826.6 | 476.0 | |||||
2033 c | 1,521.4 | 14.5 | 1,535.9 | 1,868.1 | 132.6 | |||||
Low-cost: |
||||||||||
2023 | 1,277.3 | 67.4 | 1,344.8 | 1,386.0 | 2,788.7 | |||||
2024 | 1,294.7 | 67.1 | 1,361.8 | 1,432.8 | 2,635.9 | |||||
2025 | 1,351.5 | 67.6 | 1,419.1 | 1,479.1 | 2,499.0 | |||||
2026 | 1,407.8 | 70.4 | 1,478.3 | 1,524.9 | 2,379.6 | |||||
2027 | 1,452.7 | 74.4 | 1,527.2 | 1,567.4 | 2,270.1 | |||||
2028 | 1,497.9 | 78.1 | 1,575.9 | 1,609.4 | 2,170.4 | |||||
2029 | 1,542.2 | 81.3 | 1,623.5 | 1,651.5 | 2,079.2 | |||||
2030 | 1,585.9 | 84.6 | 1,670.5 | 1,692.7 | 1,996.5 | |||||
2031 | 1,630.8 | 88.3 | 1,719.1 | 1,733.3 | 1,924.1 | |||||
2032 | 1,673.1 | 91.5 | 1,764.6 | 1,773.1 | 1,859.5 | |||||
2033 | 1,711.3 | 94.7 | 1,806.0 | 1,813.6 | 1,797.7 | |||||
2034 | 1,749.5 | 95.1 | 1,844.6 | 1,853.8 | 1,736.1 | |||||
2035 | 1,788.0 | 93.5 | 1,881.5 | 1,893.3 | 1,673.8 | |||||
2036 | 1,827.1 | 91.6 | 1,918.7 | 1,932.2 | 1,611.5 | |||||
2037 | 1,866.1 | 89.6 | 1,955.6 | 1,971.8 | 1,548.4 | |||||
2038 | 1,906.2 | 87.2 | 1,993.4 | 2,011.1 | 1,485.6 | |||||
2039 | 1,946.9 | 84.0 | 2,030.9 | 2,050.1 | 1,423.1 | |||||
2040 | 1,988.7 | 80.7 | 2,069.4 | 2,088.9 | 1,362.2 | |||||
2041 | 2,031.4 | 77.5 | 2,108.9 | 2,127.5 | 1,303.9 | |||||
2042 | 2,075.4 | 74.5 | 2,149.9 | 2,166.3 | 1,249.5 | |||||
2043 | 2,120.7 | 71.7 | 2,192.4 | 2,204.9 | 1,200.6 | |||||
2044 | 2,167.5 | 69.2 | 2,236.7 | 2,245.5 | 1,156.9 | |||||
2045 | 2,215.9 | 67.0 | 2,282.9 | 2,288.0 | 1,118.0 | |||||
2046 | 2,265.8 | 65.4 | 2,331.1 | 2,332.4 | 1,084.3 | |||||
2047 | 2,317.5 | 63.7 | 2,381.2 | 2,379.2 | 1,054.7 | |||||
2048 | 2,371.0 | 62.2 | 2,433.2 | 2,428.2 | 1,029.0 | |||||
2049 | 2,426.4 | 60.9 | 2,487.4 | 2,479.8 | 1,006.7 | |||||
2050 | 2,483.7 | 59.8 | 2,543.6 | 2,533.9 | 987.0 | |||||
2051 | 2,542.8 | 58.9 | 2,601.7 | 2,590.2 | 969.7 | |||||
2052 | 2,603.4 | 58.0 | 2,661.5 | 2,649.6 | 953.3 | |||||
2053 | 2,665.6 | 57.2 | 2,722.8 | 2,712.1 | 936.3 | |||||
2054 | 2,729.4 | 56.2 | 2,785.6 | 2,777.7 | 917.0 | |||||
2055 | 2,794.7 | 55.1 | 2,849.8 | 2,847.0 | 893.2 | |||||
2056 | 2,862.0 | 53.7 | 2,915.7 | 2,919.5 | 863.4 | |||||
2057 | 2,931.3 | 51.9 | 2,983.2 | 2,995.1 | 826.4 | |||||
2058 | 3,002.1 | 49.7 | 3,051.8 | 3,073.4 | 780.7 | |||||
2059 | 3,074.5 | 47.0 | 3,121.5 | 3,153.7 | 725.8 | |||||
2060 | 3,148.5 | 43.8 | 3,192.3 | 3,235.4 | 661.5 | |||||
2061 | 3,224.1 | 40.0 | 3,264.1 | 3,317.8 | 588.5 | |||||
2062 | 3,301.2 | 35.8 | 3,337.0 | 3,401.1 | 507.3 | |||||
2063 | 3,379.9 | 31.1 | 3,411.0 | 3,485.2 | 418.4 | |||||
2064 | 3,460.4 | 26.0 | 3,486.4 | 3,570.0 | 322.5 | |||||
2065 | 3,542.4 | 20.6 | 3,562.9 | 3,656.1 | 220.0 | |||||
2066 | 3,626.0 | 14.7 | 3,640.7 | 3,743.4 | 110.8 | |||||
2067 | d | d | d | d | d | |||||
2068 | d | d | d | d | d | |||||
2069 | d | d | d | d | d | |||||
2070 | d | d | d | d | d | |||||
2071 | d | d | d | d | d | |||||
2072 | d | d | d | d | d | |||||
2073 | d | d | d | d | d | |||||
2074 | d | d | d | d | d | |||||
2075 | d | d | d | d | d | |||||
2076 | d | d | d | d | d | |||||
2077 | d | d | d | d | d | |||||
2078 | d | d | d | d | d | |||||
2079 | d | d | d | d | d | |||||
2080 | d | d | d | d | d | |||||
2081 | d | d | d | d | d | |||||
2082 | d | d | d | d | d | |||||
2083 | d | d | d | d | d | |||||
2084 | d | d | d | d | d | |||||
2085 | d | d | d | d | d | |||||
2086 | d | d | d | d | d | |||||
2087 | d | d | d | d | d | |||||
2088 | d | d | d | d | d | |||||
2089 | d | d | d | d | d | |||||
2090 | d | d | d | d | d | |||||
2091 | d | d | d | d | d | |||||
2092 | d | d | d | d | d | |||||
2093 | 7,004.4 | 39.9 | 7,044.3 | 6,587.9 | 747.8 | |||||
2094 | 7,181.2 | 66.2 | 7,247.4 | 6,750.9 | 1,222.5 | |||||
2095 | 7,361.7 | 93.8 | 7,455.5 | 6,923.4 | 1,719.1 | |||||
2096 | 7,546.1 | 122.5 | 7,668.7 | 7,105.1 | 2,232.6 | |||||
2097 | 7,734.5 | 152.1 | 7,886.6 | 7,295.9 | 2,758.2 | |||||
2098 | 7,926.9 | 182.2 | 8,109.1 | 7,495.1 | 3,291.9 | |||||
2099 | 8,123.4 | 212.7 | 8,336.1 | 7,702.5 | 3,829.6 | |||||
2100 | 8,324.1 | 243.3 | 8,567.4 | 7,917.5 | 4,367.9 | |||||
High-cost: |
||||||||||
2023 | 1,250.6 | 65.4 | 1,316.0 | 1,390.0 | 2,755.9 | |||||
2024 | 1,197.1 | 59.3 | 1,256.3 | 1,458.1 | 2,476.0 | |||||
2025 | 1,238.4 | 52.5 | 1,290.9 | 1,525.9 | 2,195.8 | |||||
2026 | 1,274.7 | 46.7 | 1,321.4 | 1,582.3 | 1,896.1 | |||||
2027 | 1,298.7 | 40.7 | 1,339.5 | 1,636.6 | 1,565.4 | |||||
2028 | 1,317.4 | 33.0 | 1,350.5 | 1,690.4 | 1,197.9 | |||||
2029 | 1,333.1 | 24.5 | 1,357.6 | 1,742.7 | 791.6 | |||||
2030 c | 1,346.7 | 15.3 | 1,362.0 | 1,793.7 | 346.0 |
a
CPI-indexed 2023 dollars equal current dollars adjusted by the
CPI indexing series in table VI.G6.
b Benefit payments which were scheduled to be paid on January 3 for some past and future years were actually paid on December 31 as required by the statutory provision for early delivery of benefit payments when the normal payment delivery date is a Saturday, Sunday, or legal public holiday. For comparability with the values for historical years and the projections in this report, all trust fund operations and asset reserves reflect the 12 months of benefits scheduled for payment each year. c The combined OASI and DI Trust Funds become depleted in 2034 under the intermediate assumptions and in 2031 under the high-cost assumptions, so estimates for later years are not shown. d The combined OASI and DI Trust Funds become depleted in 2067 under the low-cost assumptions, but combined asset reserves become positive again by the beginning of 2093 and remain positive through the remainder of the projection period. Estimates are not shown for years in which asset reserves are negative. Note: Components may not sum to totals because of rounding. |