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Trustees Reports- 1996

 

Table III.C1. - Estimated OASDI and HI Income Excluding Interest, Outgo, and Balance as a Percentage of GDP by Alternative, Calendar Years 1996-2070

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                                   Percentage of GDP
               --------------------------------------------------------
                      OASDI               HI              Combined
               ------------------ ------------------ ------------------  GDP in
                  In-  Out-  Bal-    In-  Out-  Bal-    In-  Out-  Bal- dollars
Calendar year   come1    go  ance  come1    go  ance  come1    go  ance (bill.)
-------------------------------------------------------------------------------
Intermediate:
  1996.........  5.10  4.68  0.42   1.46  1.71 -0.25   6.55  6.39  0.17  $7,581
  1997.........  5.05  4.68   .37   1.46  1.78  -.32   6.50  6.46   .04   7,964
  1998.........  5.04  4.68   .36   1.46  1.85  -.39   6.49  6.53  -.03   8,360
  1999.........  5.02  4.69   .33   1.46  1.91  -.46   6.48  6.60  -.12   8,779
  2000.........  5.02  4.70   .32   1.46  1.97  -.52   6.47  6.68  -.20   9,229
  2001.........  5.01  4.71   .30   1.45  2.03  -.57   6.46  6.74  -.28   9,724
  2002.........  4.99  4.72   .28   1.45  2.07  -.62   6.44  6.79  -.34  10,274
  2003.........  4.98  4.72   .26   1.45  2.12  -.66   6.43  6.83  -.40  10,869
  2004.........  4.97  4.73   .24   1.45  2.16  -.71   6.42  6.88  -.47  11,507
  2005.........  4.96  4.73   .23   1.45  2.20  -.75   6.42  6.93  -.52  12,189

  2010.........  4.95  4.85   .10   1.46  2.41  -.95   6.41  7.26  -.85  16,219
  2015.........  4.96  5.22  -.26   1.47  2.73 -1.26   6.43  7.95 -1.52  21,315
  2020.........  4.95  5.73  -.78   1.49  3.13 -1.64   6.44  8.86 -2.42  27,747
  2025.........  4.94  6.15 -1.21   1.50  3.52 -2.02   6.44  9.67 -3.24  36,011
  2030.........  4.92  6.42 -1.50   1.51  3.92 -2.42   6.42 10.34 -3.92  46,803
  2035.........  4.89  6.47 -1.58   1.50  4.22 -2.72   6.39 10.69 -4.30  61,142
  2040.........  4.85  6.37 -1.53   1.50  4.40 -2.91   6.34 10.78 -4.43  79,750
  2045.........  4.81  6.32 -1.51   1.49  4.52 -3.03   6.30 10.84 -4.54 103,498
  2050.........  4.77  6.33 -1.56   1.48  4.59 -3.11   6.25 10.92 -4.67 133,994
  2055.........  4.74  6.42 -1.68   1.47  4.65 -3.18   6.21 11.07 -4.86 173,256
  2060.........  4.70  6.50 -1.79   1.47  4.75 -3.28   6.17 11.25 -5.07 224,229
  2065.........  4.67  6.53 -1.87   1.46  4.89 -3.43   6.13 11.42 -5.29 290,266
  2070.........  4.63  6.56 -1.93   1.45  5.04 -3.59   6.08 11.59 -5.51 375,569
Summarized rates:2/
 25-year:
  1996-2020....  5.31  5.16   .14   1.54  2.46  -.91   6.85  7.62  -.77	     --
 50-year:
  1996-2045....  5.13  5.66  -.53   1.52  3.14 -1.62   6.65  8.80 -2.15	     --
 75-year:
  1996-2070....  5.02  5.85  -.83   1.51  3.55 -2.04   6.54  9.40 -2.86	     --

Low Cost:
  1996.........  5.09  4.63   .46   1.45  1.69  -.24   6.54  6.33   .22   7,631
  1997.........  5.07  4.57   .50   1.45  1.73  -.28   6.53  6.30   .22   8,076
  1998.........  5.07  4.51   .56   1.45  1.77  -.32   6.52  6.28   .24   8,554
  1999.........  5.07  4.45   .61   1.46  1.81  -.35   6.52  6.26   .26   9,056
  2000.........  5.07  4.41   .66   1.46  1.84  -.38   6.53  6.24   .28   9,577
  2001.........  5.08  4.37   .71   1.46  1.86  -.40   6.54  6.23   .31  10,116
  2002.........  5.09  4.34   .75   1.46  1.88  -.42   6.54  6.22   .33  10,671
  2003.........  5.08  4.31   .77   1.46  1.89  -.44   6.54  6.20   .34  11,251
  2004.........  5.08  4.29   .80   1.46  1.91  -.45   6.54  6.19   .35  11,862
  2005.........  5.09  4.27   .82   1.46  1.92  -.46   6.55  6.18   .37  12,509

  2010.........  5.10  4.34   .76   1.47  1.97  -.50   6.57  6.31   .26  16,220
  2015.........  5.12  4.68   .44   1.49  2.07  -.58   6.61  6.75  -.15  20,829
  2020.........  5.13  5.13   .00   1.51  2.21  -.70   6.63  7.34  -.70  26,551
  2025.........  5.13  5.46  -.33   1.52  2.28  -.76   6.65  7.74 -1.09  33,830
  2030.........  5.13  5.63  -.50   1.53  2.37  -.84   6.65  8.00 -1.34  43,333
  2035.........  5.11  5.57  -.46   1.53  2.44  -.91   6.64  8.01 -1.37  55,912
  2040.........  5.09  5.38  -.29   1.52  2.48  -.96   6.61  7.86 -1.25  72,218
  2045.........  5.06  5.23  -.16   1.52  2.53 -1.02   6.58  7.76 -1.18  93,077
  2050.........  5.04  5.15  -.11   1.51  2.58 -1.07   6.55  7.73 -1.18 119,747
  2055.........  5.02  5.12  -.10   1.51  2.63 -1.12   6.53  7.75 -1.23 154,183
  2060.........  5.00  5.09  -.09   1.50  2.70 -1.20   6.50  7.79 -1.29 198,785
  2065.........  4.98  5.04  -.06   1.50  2.79 -1.30   6.47  7.83 -1.36 256,513
  2070.........  4.96  4.99  -.04   1.49  2.89 -1.40   6.45  7.88 -1.44 330,893
Summarized rates:2/
 25-year:
  1996-2020....  5.41  4.71   .70   1.55  2.03  -.48   6.96  6.74   .23      --
 50-year:
  1996-2045....  5.28  5.02   .26   1.54  2.18  -.64   6.82  7.20  -.38      --
 75-year:
  1996-2070....  5.21  5.03   .18   1.53  2.31  -.78   6.74  7.34  -.60	     --

High Cost:
  1996.........  5.17  4.81   .37   1.47  1.75  -.28   6.64  6.56   .09   7,400
  1997.........  5.06  4.90   .16   1.46  1.86  -.39   6.52  6.75  -.24   7,652
  1998.........  5.01  4.81   .20   1.45  1.92  -.47   6.46  6.73  -.26   8,216
  1999.........  5.08  5.03   .05   1.48  2.05  -.57   6.55  7.08  -.52   8,490
  2000.........  5.02  5.16  -.13   1.46  2.14  -.68   6.48  7.30  -.82   8,897
  2001.........  4.94  5.13  -.18   1.45  2.21  -.76   6.39  7.33  -.94   9,559
  2002.........  4.93  5.15  -.23   1.45  2.28  -.83   6.37  7.43 -1.06  10,204
  2003.........  4.91  5.19  -.28   1.45  2.36  -.91   6.36  7.55 -1.19  10,855
  2004.........  4.89  5.24  -.35   1.44  2.44 -1.00   6.33  7.68 -1.34  11,534
  2005.........  4.88  5.28  -.40   1.44  2.52 -1.08   6.32  7.80 -1.48  12,264

  2010.........  4.85  5.42  -.57   1.45  2.98 -1.53   6.30  8.40 -2.10  16,766
  2015.........  4.84  5.79  -.95   1.46  3.64 -2.18   6.30  9.43 -3.14  22,583
  2020.........  4.82  6.38 -1.56   1.47  4.52 -3.05   6.29 10.90 -4.61  30,064
  2025.........  4.79  6.91 -2.12   1.48  5.56 -4.08   6.27 12.47 -6.19  39,749
  2030.........  4.76  7.32 -2.56   1.49  6.60 -5.12   6.25 13.92 -7.68  52,540
  2035.........  4.72  7.53 -2.81   1.49  7.43 -5.94   6.21 14.96 -8.75  69,544
  2040.........  4.67  7.63 -2.96   1.48  7.95 -6.47   6.15 15.58 -9.43  91,527
  2045.........  4.62  7.76 -3.14   1.47  8.18 -6.71   6.10 15.95 -9.85 119,606
  2050.........  4.58  7.97 -3.39   1.47  8.27 -6.80   6.05 16.24-10.19 155,602
  2055.........  4.54  8.26 -3.73   1.47  8.34 -6.88   6.00 16.61-10.60 201,862
  2060.........  4.50  8.56 -4.06   1.47  8.49 -7.02   5.96 17.05-11.08 261,577
  2065.........  4.46  8.80 -4.34   1.46  8.69 -7.23   5.92 17.49-11.57 338,941
  2070.........  4.41  8.99 -4.57   1.45  8.92 -7.47   5.87 17.91-12.04 439,082
Summarized rates:2/
 25-year:
  1996-2020....  5.24  5.69  -.46   1.54  3.06 -1.52   6.77  8.75 -1.98      --
 50-year:
  1996-2045....  5.01  6.43 -1.42   1.51  4.80 -3.29   6.52 11.24 -4.71      --	
 75-year:
  1996-2070....  4.88  6.94 -2.05   1.50  5.74 -4.24   6.39 12.68 -6.29      --	
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1/ Income excludes interest on the trust funds.
2/ Summarized rates are calculated on the present-value basis including the
value of the trust funds on January 1, 1996 and the cost of reaching and main-
taining a target trust fund level equal to 100 percent of annual expenditures
by the end of the period.
Note: Totals do not necessarily equal the sums of rounded components.
      


 
 
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