II. ACTUARIAL ANALYSIS

Table II.F21. - Change in Actuarial Balance Over the Next 75 Years Based on Intermediate Assumptions by Trust Fund and Reason for Change
[As a percentage of taxable payroll]

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              Item                                     OASI        DI  Combined 
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Shown in last year's report:
Income rate......................................     11.43      1.84     13.27
Cost rate........................................     13.29      2.15     15.44
Actuarial balance................................     -1.87      -.31     -2.17
Changes in actuarial balance due to changes in:
  Legislation....................................      +.01      +.02      +.03 
  Valuation period...............................      -.07      -.01      -.08
  Demographic assumptions........................      -.03      +.01      -.03
  Economic assumptions...........................      -.03      -.01      -.04
  Disability assumptions.........................       .00      -.03      -.03
  Methods........................................      +.14       .00      +.14
 Total change in actuarial balance...............      +.01      -.03      -.02 
Shown in this report:
Actuarial balance................................     -1.85      -.34     -2.19
Income rate......................................     11.47      1.85     13.33
Cost rate........................................     13.33      2.20     15.52
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Note: Totals do not necessarily equal the sums of rounded components.

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Last Modified: 09:30am, July 10, 1996