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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 | 12.00 | -1.03 | 353 | 0.00 | -0.91 | -0.91 | ||
2012 | 12.84 | 11.92 | -0.93 | 343 | 0.00 | -0.95 | -0.95 | ||
2013 | 12.82 | 11.95 | -0.87 | 332 | 0.00 | -0.95 | -0.95 | ||
2014 | 12.86 | 11.96 | -0.90 | 320 | 0.00 | -0.95 | -0.96 | ||
2015 | 12.98 | 11.98 | -1.00 | 308 | 0.00 | -0.95 | -0.96 | ||
2016 | 13.10 | 12.01 | -1.10 | 296 | 0.00 | -0.96 | -0.96 | ||
2017 | 13.31 | 12.03 | -1.27 | 283 | 0.00 | -0.96 | -0.96 | ||
2018 | 13.55 | 12.06 | -1.49 | 270 | 0.00 | -0.96 | -0.96 | ||
2019 | 13.84 | 12.07 | -1.77 | 256 | 0.00 | -0.96 | -0.96 | ||
2020 | 14.15 | 12.09 | -2.06 | 240 | 0.00 | -0.96 | -0.96 | ||
2021 | 14.46 | 12.11 | -2.35 | 224 | 0.00 | -0.96 | -0.96 | ||
2022 | 14.75 | 12.13 | -2.62 | 206 | 0.01 | -0.96 | -0.96 | ||
2023 | 15.03 | 12.15 | -2.89 | 188 | 0.01 | -0.96 | -0.96 | ||
2024 | 15.29 | 12.16 | -3.13 | 168 | 0.01 | -0.96 | -0.96 | ||
2025 | 15.54 | 12.18 | -3.37 | 148 | 0.01 | -0.96 | -0.96 | ||
2026 | 15.77 | 12.19 | -3.58 | 127 | 0.01 | -0.96 | -0.97 | ||
2027 | 15.97 | 12.20 | -3.76 | 105 | 0.01 | -0.96 | -0.97 | ||
2028 | 16.14 | 12.22 | -3.93 | 82 | 0.01 | -0.96 | -0.97 | ||
2029 | 16.30 | 12.23 | -4.07 | 59 | 0.01 | -0.96 | -0.97 | ||
2030 | 16.42 | 12.24 | -4.18 | 35 | 0.01 | -0.96 | -0.97 | ||
2031 | 16.52 | 12.24 | -4.28 | 10 | 0.01 | -0.96 | -0.97 | ||
2032 | 16.60 | 12.25 | -4.35 | ---- | 0.01 | -0.96 | -0.97 | ||
2033 | 16.67 | 12.26 | -4.42 | ---- | 0.01 | -0.96 | -0.97 | ||
2034 | 16.72 | 12.26 | -4.46 | ---- | 0.02 | -0.96 | -0.97 | ||
2035 | 16.74 | 12.27 | -4.48 | ---- | 0.02 | -0.96 | -0.97 | ||
2036 | 16.76 | 12.27 | -4.49 | ---- | 0.02 | -0.96 | -0.97 | ||
2037 | 16.76 | 12.27 | -4.48 | ---- | 0.02 | -0.96 | -0.98 | ||
2038 | 16.73 | 12.27 | -4.46 | ---- | 0.02 | -0.96 | -0.98 | ||
2039 | 16.70 | 12.27 | -4.43 | ---- | 0.02 | -0.96 | -0.98 | ||
2040 | 16.66 | 12.27 | -4.39 | ---- | 0.02 | -0.96 | -0.98 | ||
2041 | 16.62 | 12.27 | -4.35 | ---- | 0.02 | -0.96 | -0.98 | ||
2042 | 16.58 | 12.27 | -4.31 | ---- | 0.02 | -0.96 | -0.98 | ||
2043 | 16.54 | 12.27 | -4.27 | ---- | 0.02 | -0.96 | -0.98 | ||
2044 | 16.50 | 12.27 | -4.23 | ---- | 0.03 | -0.96 | -0.98 | ||
2045 | 16.47 | 12.27 | -4.20 | ---- | 0.03 | -0.96 | -0.98 | ||
2046 | 16.45 | 12.27 | -4.18 | ---- | 0.03 | -0.96 | -0.98 | ||
2047 | 16.43 | 12.27 | -4.16 | ---- | 0.03 | -0.96 | -0.99 | ||
2048 | 16.40 | 12.27 | -4.14 | ---- | 0.03 | -0.96 | -0.99 | ||
2049 | 16.38 | 12.27 | -4.12 | ---- | 0.03 | -0.96 | -0.99 | ||
2050 | 16.36 | 12.27 | -4.10 | ---- | 0.03 | -0.96 | -0.99 | ||
2051 | 16.36 | 12.27 | -4.09 | ---- | 0.03 | -0.96 | -0.99 | ||
2052 | 16.36 | 12.27 | -4.09 | ---- | 0.03 | -0.96 | -0.99 | ||
2053 | 16.37 | 12.27 | -4.10 | ---- | 0.03 | -0.96 | -0.99 | ||
2054 | 16.38 | 12.27 | -4.11 | ---- | 0.03 | -0.96 | -0.99 | ||
2055 | 16.40 | 12.27 | -4.13 | ---- | 0.04 | -0.96 | -0.99 | ||
2056 | 16.43 | 12.28 | -4.15 | ---- | 0.04 | -0.96 | -0.99 | ||
2057 | 16.45 | 12.28 | -4.18 | ---- | 0.04 | -0.96 | -1.00 | ||
2058 | 16.48 | 12.28 | -4.20 | ---- | 0.04 | -0.96 | -1.00 | ||
2059 | 16.50 | 12.28 | -4.22 | ---- | 0.04 | -0.96 | -1.00 | ||
2060 | 16.52 | 12.28 | -4.24 | ---- | 0.04 | -0.96 | -1.00 | ||
2061 | 16.55 | 12.29 | -4.26 | ---- | 0.04 | -0.96 | -1.00 | ||
2062 | 16.57 | 12.29 | -4.28 | ---- | 0.04 | -0.96 | -1.00 | ||
2063 | 16.60 | 12.29 | -4.31 | ---- | 0.04 | -0.96 | -1.00 | ||
2064 | 16.63 | 12.29 | -4.33 | ---- | 0.04 | -0.96 | -1.00 | ||
2065 | 16.66 | 12.29 | -4.36 | ---- | 0.04 | -0.96 | -1.00 | ||
2066 | 16.69 | 12.30 | -4.39 | ---- | 0.04 | -0.96 | -1.00 | ||
2067 | 16.73 | 12.30 | -4.43 | ---- | 0.04 | -0.96 | -1.00 | ||
2068 | 16.77 | 12.30 | -4.46 | ---- | 0.04 | -0.96 | -1.00 | ||
2069 | 16.81 | 12.30 | -4.50 | ---- | 0.04 | -0.96 | -1.00 | ||
2070 | 16.85 | 12.31 | -4.54 | ---- | 0.04 | -0.96 | -1.00 | ||
2071 | 16.89 | 12.31 | -4.58 | ---- | 0.04 | -0.96 | -1.00 | ||
2072 | 16.93 | 12.31 | -4.62 | ---- | 0.04 | -0.96 | -1.00 | ||
2073 | 16.98 | 12.31 | -4.67 | ---- | 0.04 | -0.96 | -1.00 | ||
2074 | 17.02 | 12.32 | -4.71 | ---- | 0.04 | -0.96 | -1.00 | ||
2075 | 17.07 | 12.32 | -4.75 | ---- | 0.04 | -0.96 | -1.00 | ||
2076 | 17.11 | 12.32 | -4.79 | ---- | 0.04 | -0.96 | -1.00 | ||
2077 | 17.16 | 12.33 | -4.83 | ---- | 0.04 | -0.96 | -1.00 | ||
2078 | 17.20 | 12.33 | -4.88 | ---- | 0.04 | -0.96 | -1.01 | ||
2079 | 17.25 | 12.33 | -4.92 | ---- | 0.04 | -0.96 | -1.01 | ||
2080 | 17.29 | 12.33 | -4.96 | ---- | 0.04 | -0.96 | -1.01 | ||
2081 | 17.34 | 12.34 | -5.00 | ---- | 0.04 | -0.96 | -1.01 | ||
2082 | 17.38 | 12.34 | -5.04 | ---- | 0.04 | -0.96 | -1.01 | ||
2083 | 17.43 | 12.34 | -5.08 | ---- | 0.04 | -0.96 | -1.01 | ||
2084 | 17.47 | 12.34 | -5.12 | ---- | 0.04 | -0.96 | -1.01 | ||
2085 | 17.51 | 12.35 | -5.16 | ---- | 0.04 | -0.96 | -1.01 |
  | 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 | 15.95% | 13.07% | -2.88% | 2031 | 0.02% | -0.94% | -0.96% | ||
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1 Under present law, the year of exhaustion
is 2037. |
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