2012 OASDI Trustees Report

Index

A

Actuarial balance 1, 2, 3, 4, 5

Actuarial balance ratio 1, 2, 3, 4

Actuarial balance, long-range test

Actuarial deficit 1, 2, 3, 4, 5

Actuarial estimates, LR

Actuarial estimates, SR

Adjusted program amounts

Administrative expenses 1, 2, 3, 4, 5, 6, 7, 8, 9

Advance tax transfers 1, 2

Amendments

Annual balance 1, 2, 3

Assets 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11

Assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11

Automatic cost-of-living benefit increase 1, 2, 3

Auxiliary benefits

Average benefits

Average earnings assumptions

Average indexed monthly earnings (AIME)

Average wage index 1, 2

Award

B

Baby-boom generation 1, 2, 3, 4, 5, 6, 7

Bend points

Beneficiaries, DI

Beneficiary 1, 2, 3, 4, 5, 6, 7, 8, 9, 10

Beneficiary, OASI

Benefit payments 1, 2, 3, 4, 5, 6, 7, 8, 9, 10

Benefit termination 1, 2

Best estimate 1, 2, 3, 4

Board of Trustees 1, 2, 3

C

Close actuarial balance 1, 2

Constant dollars

Consumer Price Index 1, 2, 3, 4

Contribution and benefit base 1, 2, 3, 4

Contributions 1, 2, 3, 4, 5, 6, 7, 8

Cost

Cost rate 1, 2, 3, 4

Cost-of-living adjustment

Covered earnings 1, 2, 3, 4

Covered employment 1, 2, 3, 4, 5, 6

Covered worker 1, 2, 3

Creditable earnings

Current dollars

Current-payment status 1, 2, 3, 4, 5

D

Delayed retirement credit

Demographic assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9

Deterministic model 1, 2

DI beneficiaries

Disability 1, 2, 3

Disability conversion ratio

Disability incidence rate 1, 2, 3, 4, 5, 6

Disability Insurance Trust Fund

Disability prevalence rate 1, 2

Disability termination rate

Disabled-worker benefit 1, 2

Disbursements 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12

E

Earnings 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14

Earnings test 1, 2, 3

Economic assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10

Excess wages

Expenditures 1, 2, 3, 4, 5, 6, 7, 8, 9, 10

F

Federal Insurance Contributions Act 1, 2

Fertility assumptions

Financial interchange 1, 2, 3, 4

Fiscal year 1, 2, 3

Full advance funding

G

General Fund of the Treasury 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11

General fund reimbursement

Gross domestic product 1, 2, 3, 4, 5, 6, 7

Gross domestic product projections

H

High-cost assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14

Hospital Insurance program 1, 2

Hospital Insurance Trust Fund

I

Immigration 1, 2, 3, 4, 5, 6, 7, 8, 9

Immigration assumptions

Income rate 1, 2, 3, 4

Infinite horizon

Inflation 1, 2, 3, 4, 5

Inflation assumptions

Insured population 1, 2

Insured status

Interest 1, 2, 3, 4, 5, 6, 7

Interest rate 1, 2, 3, 4

Interest rate projections

Interest rates

Interfund borrowing 1, 2

Intermediate assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16

L

Labor force projections

Legal immigration 1, 2, 3, 4, 5

Life expectancy 1, 2, 3, 4, 5, 6

Life expectancy estimates

Long range 1, 2, 3, 4, 5, 6, 7

Low-cost assumptions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12

Lump-sum death payment

M

Medicare 1, 2

Military service 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12

N

National average wage index 1, 2

Normal retirement age 1, 2, 3, 4

O

OASI beneficiaries

Old-Age and Survivors Insurance Trust Fund 1, 2

Old-law base

Other immigration 1, 2, 3, 4

P

Par value

Partial advance funding

Pay-as-you-go financing

Payroll taxes 1, 2, 3, 4, 5, 6, 7, 8, 9

Population estimates

Population in the Social Security area 1, 2, 3, 4

Present value

Primary insurance amount (PIA)

Productivity assumptions

Q

Quarters of coverage

R

Railroad Retirement 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12

Reallocation of tax rates

Real-wage differential 1, 2

Recession 1, 2, 3

Retired-worker benefit 1, 2, 3

Retirement age 1, 2, 3, 4

Retirement earnings test 1, 2

Retirement eligibility age

S

Scenario-based model

Self-employment 1, 2, 3

Self-Employment Contributions Act 1, 2

Sensitivity analysis

Short range 1, 2, 3

Social Security Act 1, 2, 3, 4, 5

Social Security amendments

Solvency

Special public-debt obligation 1, 2, 3

Stochastic projections

Substantial gainful activity 1, 2

Summarized balance

Summarized income and cost rates 1, 2, 3, 4, 5

Supplemental Security Income

Supplementary Medical Insurance program 1, 2

Survivor benefit 1, 2, 3, 4, 5

Sustainable solvency 1, 2

T

Taxable earnings 1, 2, 3, 4, 5

Taxable payroll 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11

Taxable self-employment income

Taxable wages 1, 2, 3

Taxation of benefits 1, 2, 3, 4, 5, 6

Taxes 1, 2, 3, 4

Termination 1, 2

Termination rate 1, 2, 3, 4, 5

Test of short-range financial adequacy 1, 2, 3, 4

Total fertility rate 1, 2

Trust fund financial operations 1, 2, 3, 4, 5

Trust fund ratio 1, 2, 3, 4, 5, 6, 7

U

Unemployment projections

Unfunded obligation 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15

Unnegotiated check

V

Valuation period 1, 2, 3, 4, 5, 6

Vocational rehabilitation 1, 2, 3, 4, 5, 6, 7

Y

Year of exhaustion 1, 2, 3, 4, 5