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Description of Proposed Provision:
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  | Financial Estimates for the OASDI Trust Fund Program |
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Proposal |
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Change from Present Law |
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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 |
|||
2010 | 13.09 | 12.33 | -0.76 | 355 | 0.00 | 0.00 | 0.00 | ||
2011 | 13.04 | 12.91 | -0.12 | 353 | 0.00 | 0.00 | 0.00 | ||
2012 | 12.84 | 12.87 | 0.03 | 350 | 0.00 | 0.00 | 0.00 | ||
2013 | 12.82 | 12.90 | 0.08 | 346 | 0.00 | 0.00 | 0.00 | ||
2014 | 12.86 | 12.92 | 0.06 | 341 | 0.00 | 0.00 | 0.00 | ||
2015 | 12.98 | 12.94 | -0.04 | 335 | 0.00 | 0.00 | 0.00 | ||
2016 | 13.10 | 12.96 | -0.14 | 330 | 0.00 | 0.00 | 0.00 | ||
2017 | 13.30 | 12.99 | -0.32 | 324 | 0.00 | 0.00 | 0.00 | ||
2018 | 13.55 | 13.01 | -0.53 | 317 | 0.00 | 0.00 | 0.00 | ||
2019 | 13.84 | 13.03 | -0.81 | 309 | 0.00 | 0.00 | 0.00 | ||
2020 | 14.15 | 13.05 | -1.10 | 299 | 0.00 | 0.00 | 0.00 | ||
2021 | 14.45 | 13.07 | -1.39 | 289 | 0.00 | 0.00 | 0.00 | ||
2022 | 14.75 | 13.08 | -1.66 | 277 | 0.00 | 0.00 | 0.00 | ||
2023 | 15.03 | 13.10 | -1.93 | 264 | 0.00 | 0.00 | 0.00 | ||
2024 | 15.29 | 13.12 | -2.17 | 251 | 0.00 | 0.00 | 0.00 | ||
2025 | 15.53 | 13.13 | -2.40 | 237 | 0.00 | 0.00 | 0.00 | ||
2026 | 15.75 | 13.15 | -2.61 | 221 | 0.00 | 0.00 | 0.00 | ||
2027 | 15.95 | 13.16 | -2.79 | 205 | 0.00 | 0.00 | 0.00 | ||
2028 | 16.13 | 13.17 | -2.95 | 189 | -0.01 | 0.00 | 0.01 | ||
2029 | 16.28 | 13.18 | -3.09 | 172 | -0.01 | 0.00 | 0.01 | ||
2030 | 16.40 | 13.19 | -3.20 | 154 | -0.01 | 0.00 | 0.01 | ||
2031 | 16.49 | 13.20 | -3.29 | 136 | -0.01 | 0.00 | 0.01 | ||
2032 | 16.58 | 13.21 | -3.37 | 117 | -0.01 | 0.00 | 0.01 | ||
2033 | 16.64 | 13.21 | -3.43 | 98 | -0.02 | 0.00 | 0.02 | ||
2034 | 16.68 | 13.22 | -3.46 | 79 | -0.02 | 0.00 | 0.02 | ||
2035 | 16.70 | 13.22 | -3.48 | 60 | -0.02 | 0.00 | 0.02 | ||
2036 | 16.71 | 13.22 | -3.49 | 40 | -0.03 | 0.00 | 0.03 | ||
2037 | 16.71 | 13.23 | -3.48 | 20 | -0.03 | 0.00 | 0.03 | ||
2038 | 16.68 | 13.23 | -3.45 | ---- | -0.04 | 0.00 | 0.03 | ||
2039 | 16.64 | 13.23 | -3.41 | ---- | -0.04 | 0.00 | 0.04 | ||
2040 | 16.60 | 13.23 | -3.37 | ---- | -0.04 | 0.00 | 0.04 | ||
2041 | 16.55 | 13.23 | -3.32 | ---- | -0.05 | 0.00 | 0.05 | ||
2042 | 16.50 | 13.22 | -3.28 | ---- | -0.05 | 0.00 | 0.05 | ||
2043 | 16.45 | 13.22 | -3.23 | ---- | -0.06 | 0.00 | 0.05 | ||
2044 | 16.41 | 13.22 | -3.19 | ---- | -0.06 | 0.00 | 0.06 | ||
2045 | 16.38 | 13.22 | -3.15 | ---- | -0.07 | 0.00 | 0.06 | ||
2046 | 16.35 | 13.22 | -3.12 | ---- | -0.07 | 0.00 | 0.07 | ||
2047 | 16.32 | 13.22 | -3.10 | ---- | -0.08 | 0.00 | 0.07 | ||
2048 | 16.29 | 13.22 | -3.07 | ---- | -0.08 | 0.00 | 0.08 | ||
2049 | 16.26 | 13.22 | -3.04 | ---- | -0.09 | 0.00 | 0.08 | ||
2050 | 16.24 | 13.22 | -3.02 | ---- | -0.09 | -0.01 | 0.09 | ||
2051 | 16.22 | 13.22 | -3.00 | ---- | -0.10 | -0.01 | 0.09 | ||
2052 | 16.22 | 13.22 | -3.00 | ---- | -0.11 | -0.01 | 0.10 | ||
2053 | 16.22 | 13.22 | -3.00 | ---- | -0.11 | -0.01 | 0.11 | ||
2054 | 16.23 | 13.22 | -3.00 | ---- | -0.12 | -0.01 | 0.11 | ||
2055 | 16.24 | 13.23 | -3.02 | ---- | -0.12 | -0.01 | 0.12 | ||
2056 | 16.26 | 13.23 | -3.03 | ---- | -0.13 | -0.01 | 0.12 | ||
2057 | 16.28 | 13.23 | -3.05 | ---- | -0.14 | -0.01 | 0.13 | ||
2058 | 16.30 | 13.23 | -3.07 | ---- | -0.14 | -0.01 | 0.13 | ||
2059 | 16.31 | 13.23 | -3.08 | ---- | -0.15 | -0.01 | 0.14 | ||
2060 | 16.33 | 13.23 | -3.10 | ---- | -0.15 | -0.01 | 0.14 | ||
2061 | 16.35 | 13.24 | -3.11 | ---- | -0.16 | -0.01 | 0.15 | ||
2062 | 16.37 | 13.24 | -3.13 | ---- | -0.16 | -0.01 | 0.15 | ||
2063 | 16.39 | 13.24 | -3.15 | ---- | -0.17 | -0.01 | 0.16 | ||
2064 | 16.42 | 13.24 | -3.17 | ---- | -0.17 | -0.01 | 0.16 | ||
2065 | 16.44 | 13.24 | -3.20 | ---- | -0.17 | -0.01 | 0.16 | ||
2066 | 16.47 | 13.25 | -3.23 | ---- | -0.18 | -0.01 | 0.17 | ||
2067 | 16.50 | 13.25 | -3.26 | ---- | -0.18 | -0.01 | 0.17 | ||
2068 | 16.54 | 13.25 | -3.29 | ---- | -0.18 | -0.01 | 0.17 | ||
2069 | 16.58 | 13.25 | -3.32 | ---- | -0.19 | -0.01 | 0.18 | ||
2070 | 16.62 | 13.26 | -3.36 | ---- | -0.19 | -0.01 | 0.18 | ||
2071 | 16.66 | 13.26 | -3.40 | ---- | -0.19 | -0.01 | 0.18 | ||
2072 | 16.70 | 13.26 | -3.43 | ---- | -0.20 | -0.01 | 0.19 | ||
2073 | 16.74 | 13.26 | -3.47 | ---- | -0.20 | -0.01 | 0.19 | ||
2074 | 16.78 | 13.27 | -3.51 | ---- | -0.20 | -0.01 | 0.19 | ||
2075 | 16.82 | 13.27 | -3.55 | ---- | -0.20 | -0.01 | 0.19 | ||
2076 | 16.87 | 13.27 | -3.59 | ---- | -0.20 | -0.01 | 0.19 | ||
2077 | 16.91 | 13.28 | -3.63 | ---- | -0.21 | -0.01 | 0.20 | ||
2078 | 16.95 | 13.28 | -3.67 | ---- | -0.21 | -0.01 | 0.20 | ||
2079 | 17.00 | 13.28 | -3.71 | ---- | -0.21 | -0.01 | 0.20 | ||
2080 | 17.04 | 13.28 | -3.75 | ---- | -0.21 | -0.01 | 0.20 | ||
2081 | 17.08 | 13.29 | -3.79 | ---- | -0.21 | -0.01 | 0.20 | ||
2082 | 17.12 | 13.29 | -3.83 | ---- | -0.21 | -0.01 | 0.20 | ||
2083 | 17.17 | 13.29 | -3.87 | ---- | -0.22 | -0.01 | 0.20 | ||
2084 | 17.21 | 13.30 | -3.91 | ---- | -0.22 | -0.01 | 0.20 | ||
2085 | 17.25 | 13.30 | -3.95 | ---- | -0.22 | -0.01 | 0.21 |
  | Summarized Estimates |
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  |
Proposal |
  |
Change from Present Law |
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Years | Cost rate |
Income rate |
Actuarial balance |
Year of exhaustion1 |
Cost rate |
Income rate |
Actuarial balance |
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Based on Intermediate Assumptions of the 2010 Trustees Report. | |||||||||
2010-2084 | 15.85% | 14.00% | -1.85% | 2037 | -0.07% | -0.00% | 0.07% | ||
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1 Under present law, the year of exhaustion
is 2037. |
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