Trustees Reports- 1996

Table II.F2. - Estimated Operations of the DI Trust Fund by Alternative, Calendar Years 1995-2005
[Amounts in billions]

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                                           Net       Fund       Trust fund
                             Expen-   increase     at end   -------------------
Calendar year     Income    ditures    in fund    of year   Amount1/    Ratio2/
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1995 3/......      $56.7      $42.1      $14.6      $37.6      $22.9         55
Intermediate:
  1996.......       60.9       45.4       15.5       53.1       37.6         83
  1997.......       58.5       49.2        9.3       62.4       53.1        108
  1998.......       61.4       52.9        8.5       70.9       62.4        118
  1999.......       64.6       57.0        7.6       78.5       70.9        124
  2000.......       71.7       61.7       10.0       88.5       78.5        127

  2001.......       75.9       66.6        9.3       97.8       88.5        133
  2002.......       80.2       72.0        8.2      105.9       97.8        136
  2003.......       84.8       78.1        6.7      112.6      105.9        136
  2004.......       89.4       84.9        4.6      117.1      112.6        133
  2005.......       94.5       92.1        2.3      119.5      117.1        127
Low Cost:
  1996.......       61.2       44.8       16.4       54.0       37.6         84
  1997.......       59.7       47.6       12.1       66.1       54.0        113
  1998.......       63.4       50.3       13.1       79.2       66.1        131
  1999.......       67.7       53.4       14.3       93.4       79.2        148
  2000.......       76.2       56.9       19.3      112.7       93.4        164

  2001.......       81.7       60.5       21.2      133.9      112.7        186
  2002.......       87.2       64.3       22.9      156.7      133.9        208
  2003.......       92.8       68.6       24.2      180.9      156.7        229
  2004.......       98.7       73.2       25.4      206.4      180.9        247
  2005.......      105.1       78.3       26.8      233.2      206.4        264
High Cost:
  1996.......       60.4       46.1       14.2       51.8       37.6         81
  1997.......       56.2       50.8        5.4       57.2       51.8        102
  1998.......       59.6       55.5        4.1       61.3       57.2        103
  1999.......       62.5       62.2         .3       61.7       61.3         99
  2000.......       67.8       69.3       -1.5       60.2       61.7         89

  2001.......       71.7       76.5       -4.8       55.4       60.2         79
  2002.......       75.6       84.5       -8.9       46.4       55.4         65
  2003.......       79.2       93.3      -14.1       32.4       46.4         50
  2004.......       82.5      102.8      -20.3       12.0       32.4         31
  2005 4/....       85.8      113.0      -27.2      -15.2       12.0         11
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1/ Represents assets at beginning of year.
2/ Represents amounts shown in preceding column as a percentage of expenditures
during the year.  See text concerning interpretation of these ratios.
3/ Figures for 1995 represent actual experience.
4/ Under the high cost alternative, the DI Trust Fund would be depleted in 2005,
when assets would become insufficient to pay benefits on time. Thus, figures
shown under the high cost alternative for 2005 are theoretical. See text for
details.
Note: Totals do not necessarily equal the sums of rounded components.