Skip to content
Social Security Online
Actuarial Publications
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables

Description of Proposed Provision:
Beginning for those newly eligible for OASDI benefits in 2015, increase the special minimum benefit to 100 percent of poverty by making the following changes: (a) The number of years of work (YOW) is determined as total quarters of coverage divided by 4, ignoring any fraction. Up to 5 additional years with a child under in 6 may be counted as YOWs. (b) Set the PIA for 30 or more YOWs equal to 100 percent of the monthly HHS poverty level for the year prior to eligibility. For workers between 11 and 29 YOWs, reduce the special minimum by 3 1/3 percentage point per YOW so that at 29 YOCs the minimum would be 96 2/3% of poverty,..., down to 11 YOWs at 36 2/3% of poverty. No minimum for 10 or fewer YOCs.

 

Financial Estimates for the OASDI Trust Fund Program

 
  Proposal
  Change from Present Law
  Expressed as a percentage of
present-law taxable payroll

Trust fund
ratio as of
January 1
Expressed as a percentage of
present-law taxable payroll
Calendar
year
Cost
rate
Income
rate
Annual
balance

Cost
rate
Income
rate
Annual
balance
201213.8312.89-0.93
340
0.000.000.00
201313.9512.83-1.12
329
0.000.000.00
201413.9812.93-1.05
315
0.000.000.00
201513.9712.95-1.02
302
0.000.000.00
201613.9412.98-0.96
289
0.010.00-0.01
201713.9213.01-0.92
277
0.010.00-0.01
201813.9713.04-0.94
265
0.010.00-0.01
201914.1513.05-1.10
253
0.020.00-0.01
202014.3913.07-1.32
240
0.020.00-0.02
202114.6713.11-1.57
226
0.020.00-0.02
202214.9913.13-1.86
212
0.020.00-0.02
202315.3113.15-2.16
196
0.020.00-0.02
202415.6213.16-2.45
180
0.020.00-0.02
202515.9113.18-2.73
163
0.020.00-0.02
202616.1813.20-2.98
146
0.030.00-0.02
202716.4413.21-3.23
128
0.030.00-0.02
202816.6613.23-3.44
109
0.030.00-0.03
202916.8613.24-3.62
89
0.030.00-0.03
203017.0313.25-3.78
68
0.030.00-0.03
203117.1813.26-3.92
47
0.030.00-0.03
203217.2813.27-4.01
25
0.030.00-0.03
203317.3613.27-4.09
3
0.030.00-0.03
203417.4113.28-4.13
----
0.030.00-0.03
203517.4413.28-4.16
----
0.030.00-0.03
203617.4613.28-4.18
----
0.030.00-0.03
203717.4713.28-4.18
----
0.030.00-0.03
203817.4513.29-4.17
----
0.030.00-0.03
203917.4313.28-4.14
----
0.030.00-0.03
204017.3913.28-4.11
----
0.030.00-0.03
204117.3513.28-4.07
----
0.030.00-0.03
204217.3113.28-4.03
----
0.030.00-0.03
204317.2813.28-4.00
----
0.030.00-0.03
204417.2513.28-3.97
----
0.030.00-0.03
204517.2213.28-3.94
----
0.030.00-0.03
204617.1913.28-3.91
----
0.030.00-0.03
204717.1713.28-3.89
----
0.030.00-0.03
204817.1413.28-3.87
----
0.030.00-0.03
204917.1313.28-3.85
----
0.030.00-0.03
205017.1113.28-3.83
----
0.030.00-0.03
205117.1013.28-3.82
----
0.030.00-0.03
205217.1013.28-3.82
----
0.030.00-0.03
205317.1013.28-3.82
----
0.030.00-0.02
205417.1113.28-3.83
----
0.030.00-0.02
205517.1213.28-3.84
----
0.020.00-0.02
205617.1313.28-3.85
----
0.020.00-0.02
205717.1513.28-3.86
----
0.020.00-0.02
205817.1613.28-3.88
----
0.020.00-0.02
205917.1713.28-3.88
----
0.020.00-0.02
206017.1713.29-3.89
----
0.020.00-0.02
206117.1813.29-3.89
----
0.020.00-0.02
206217.1913.29-3.90
----
0.020.00-0.02
206317.1913.29-3.91
----
0.020.00-0.02
206417.2013.29-3.91
----
0.020.00-0.02
206517.2213.29-3.93
----
0.020.00-0.01
206617.2313.29-3.94
----
0.010.00-0.01
206717.2513.29-3.96
----
0.010.00-0.01
206817.2813.29-3.99
----
0.010.00-0.01
206917.3113.30-4.01
----
0.010.00-0.01
207017.3413.30-4.04
----
0.010.00-0.01
207117.3613.30-4.07
----
0.010.00-0.01
207217.3913.30-4.09
----
0.010.00-0.01
207317.4113.30-4.11
----
0.010.00-0.01
207417.4413.30-4.14
----
0.010.00-0.01
207517.4713.31-4.16
----
0.010.00-0.01
207617.4913.31-4.19
----
0.010.00-0.01
207717.5213.31-4.21
----
0.010.00-0.01
207817.5513.31-4.24
----
0.010.00-0.01
207917.5813.31-4.27
----
0.010.00-0.01
208017.6113.32-4.30
----
0.010.00-0.01
208117.6513.32-4.33
----
0.010.00-0.01
208217.6813.32-4.36
----
0.010.00-0.01
208317.7213.32-4.40
----
0.010.00-0.01
208417.7613.33-4.43
----
0.010.000.00
208517.8013.33-4.47
----
0.000.000.00
208617.8413.33-4.51
----
0.000.000.00
208717.8813.33-4.54
----
0.000.000.00



 

Summarized Estimates

 
  Proposal
  Change from Present Law
Years Cost
rate
Income
rate
Actuarial
balance

Year of reserve
depletion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2012 Trustees Report.
2012-2086 16.71% 14.02% -2.68%
2033
0.02% 0.00% -0.02%
 
1 Under present law, the year of Trust Fund reserve depletion is 2033.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified May 10, 2013