Trustees Reports- 1996

Table III.A3. - Comparison of Summarized Income Rates and Cost Rates 1/ for 25-Year Subperiods 2/, for OASDI and HI by Alternative, Calendar Years 1996-2070
[As a percentage of taxable payroll 1/]

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                     OASDI                   HI                 Combined
            ---------------------  ---------------------  ---------------------
             Income   Cost   Bal-   Income   Cost   Bal-   Income   Cost   Bal-
 Subperiod     rate   rate   ance     rate   rate   ance     rate   rate   ance
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Intermediate:
 1996-2020..  12.74  12.63   0.11     3.07   4.91  -1.84    15.80  17.54  -1.74
 2021-2045..  13.10  16.89  -3.79     3.27   8.69  -5.42    16.37  25.58  -9.21
 2046-2070..  13.26  18.11  -4.86     3.36  10.80  -7.44    16.62  28.92 -12.30
Low Cost:
 1996-2020..  12.70  11.24   1.45     3.05   4.04   -.99    15.74  15.28    .47
 2021-2045..  12.97  13.86   -.89     3.21   5.03  -1.82    16.18  18.89  -2.71
 2046-2070..  13.02  13.27   -.25     3.24   5.79  -2.54    16.26  19.06  -2.79	
High Cost:
 1996-2020..  12.78  14.15  -1.37     3.09   6.12  -3.03    15.87  20.27  -4.40
 2021-2045..  13.27  20.51  -7.24     3.36  15.41 -12.05    16.63  35.92 -19.29
 2046-2070..  13.61  25.28 -11.67     3.56  20.54 -16.99    17.16  45.82 -28.66
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1/ The taxable payroll for HI is significantly larger than the taxable payroll
for OASDI because the HI taxable maximum amount was eliminated beginning 1994,
and because HI covers all Federal civilian employees, including those hired
before 1984, all State and local government employees hired after April 1,
1986, and railroad employees. Combined OASDI and HI rates are computed as the
sum of the separately derived rates for each program.
2/ For 25-year subperiods, income rates do not include beginning trust fund
balances and cost rates do not include the cost of reaching ending fund
targets.

Note: Totals do not necessarily equal the sums of rounded components.