Trustees Reports- 1996

Table II.F3. - Estimated Operations of the OASI and DI Trust Funds, Combined, by Alternative, Calendar Years 1995-2005
[Amounts in billions]

-------------------------------------------------------------------------------
                                           Net       Fund       Trust fund
                             Expen-   increase     at end   -------------------
Calendar year     Income    ditures    in fund    of year   Amount1/    Ratio2/
-------------------------------------------------------------------------------
1995 3/           $399.5     $339.8      $59.7     $496.1     $436.4        128
Intermediate:
  1996.......      424.9      354.6       70.3      566.4      496.1        140
  1997.......      444.3      372.7       71.6      638.0      566.4        152
  1998.......      468.1      391.3       76.8      714.8      638.0        163
  1999.......      492.6      411.8       80.8      795.6      714.8        174
  2000.......      519.7      434.1       85.6      881.2      795.6        183

  2001.......      548.8      458.2       90.6      971.8      881.2        192
  2002.......      580.2      484.5       95.8    1,067.5      971.8        201
  2003.......      614.7      513.0      101.7    1,169.3    1,067.5        208
  2004.......      651.0      543.9      107.1    1,276.4    1,169.3        215
  2005.......      691.3      577.0      114.2    1,390.6    1,276.4        221
Low Cost:
  1996.......      426.9      353.6       73.3      569.4      496.1        140
  1997.......      452.7      369.2       83.5      652.9      569.4        154
  1998.......      481.4      385.4       96.1      749.0      652.9        169
  1999.......      513.0      403.1      109.9      858.9      749.0        186
  2000.......      547.0      421.9      125.1      983.9      858.9        204

  2001.......      583.5      442.0      141.5    1,125.4      983.9        223
  2002.......      621.1      463.0      158.1    1,283.5    1,125.4        243
  2003.......      660.0      485.0      175.0    1,458.5    1,283.5        265
  2004.......      701.3      508.5      192.9    1,651.3    1,458.5        287
  2005.......      746.7      533.6      213.1    1,864.4    1,651.3        309
High Cost:
  1996.......      421.2      355.7       65.5      561.6      496.1        139
  1997.......      428.2      374.7       53.5      615.1      561.6        150
  1998.......      456.5      394.8       61.7      676.8      615.1        156
  1999.......      480.2      426.7       53.5      730.3      676.8        159
  2000.......      499.7      458.6       41.0      771.3      730.3        159

  2001.......      528.7      490.2       38.5      809.9      771.3        157
  2002.......      561.4      525.9       35.5      845.4      809.9        154
  2003.......      594.2      563.6       30.6      876.0      845.4        150
  2004.......      626.5      604.0       22.5      898.5      876.0        145
  2005.......      661.5      647.1       14.4      912.9      898.5        139
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 for the combined trust funds under the high cost alternative for 2005 are
theoretical. See text for details.
Note: Totals do not necessarily equal the sums of rounded components.