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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 | 13.17 | 0.35 | 346 | 0.00 | 0.27 | 0.27 | ||
2014 | 12.86 | 13.20 | 0.34 | 343 | 0.00 | 0.29 | 0.29 | ||
2015 | 12.98 | 13.22 | 0.24 | 340 | 0.00 | 0.29 | 0.29 | ||
2016 | 13.10 | 13.25 | 0.14 | 336 | 0.00 | 0.29 | 0.29 | ||
2017 | 13.30 | 13.27 | -0.03 | 332 | 0.00 | 0.29 | 0.29 | ||
2018 | 13.55 | 13.30 | -0.25 | 327 | 0.00 | 0.29 | 0.29 | ||
2019 | 13.84 | 13.31 | -0.52 | 321 | 0.00 | 0.29 | 0.29 | ||
2020 | 14.15 | 13.33 | -0.81 | 313 | 0.00 | 0.29 | 0.29 | ||
2021 | 14.45 | 13.35 | -1.10 | 304 | 0.00 | 0.29 | 0.29 | ||
2022 | 14.75 | 13.37 | -1.38 | 295 | 0.00 | 0.29 | 0.29 | ||
2023 | 15.03 | 13.39 | -1.64 | 284 | 0.00 | 0.29 | 0.29 | ||
2024 | 15.29 | 13.40 | -1.88 | 272 | 0.00 | 0.29 | 0.29 | ||
2025 | 15.53 | 13.42 | -2.11 | 259 | 0.00 | 0.29 | 0.29 | ||
2026 | 15.75 | 13.70 | -2.05 | 246 | 0.00 | 0.56 | 0.56 | ||
2027 | 15.95 | 13.73 | -2.22 | 233 | 0.00 | 0.57 | 0.57 | ||
2028 | 16.13 | 13.74 | -2.39 | 220 | 0.00 | 0.57 | 0.57 | ||
2029 | 16.28 | 13.75 | -2.53 | 207 | 0.00 | 0.57 | 0.57 | ||
2030 | 16.40 | 13.76 | -2.64 | 193 | 0.00 | 0.57 | 0.57 | ||
2031 | 16.50 | 13.77 | -2.73 | 178 | 0.00 | 0.57 | 0.57 | ||
2032 | 16.59 | 13.78 | -2.81 | 163 | 0.00 | 0.57 | 0.58 | ||
2033 | 16.65 | 13.79 | -2.87 | 148 | 0.00 | 0.57 | 0.58 | ||
2034 | 16.70 | 13.79 | -2.91 | 132 | 0.00 | 0.57 | 0.58 | ||
2035 | 16.72 | 13.79 | -2.93 | 117 | -0.01 | 0.57 | 0.58 | ||
2036 | 16.73 | 13.80 | -2.93 | 101 | -0.01 | 0.57 | 0.58 | ||
2037 | 16.73 | 13.80 | -2.93 | 85 | -0.01 | 0.57 | 0.58 | ||
2038 | 16.71 | 13.80 | -2.91 | 69 | -0.01 | 0.57 | 0.58 | ||
2039 | 16.67 | 13.80 | -2.87 | 53 | -0.01 | 0.57 | 0.58 | ||
2040 | 16.64 | 13.80 | -2.83 | 37 | -0.01 | 0.57 | 0.58 | ||
2041 | 16.59 | 14.07 | -2.52 | 21 | -0.01 | 0.84 | 0.85 | ||
2042 | 16.54 | 14.08 | -2.46 | 6 | -0.01 | 0.86 | 0.87 | ||
2043 | 16.50 | 14.08 | -2.42 | ---- | -0.01 | 0.86 | 0.87 | ||
2044 | 16.46 | 14.08 | -2.38 | ---- | -0.01 | 0.86 | 0.87 | ||
2045 | 16.43 | 14.08 | -2.35 | ---- | -0.01 | 0.86 | 0.87 | ||
2046 | 16.41 | 14.08 | -2.32 | ---- | -0.01 | 0.86 | 0.87 | ||
2047 | 16.39 | 14.08 | -2.30 | ---- | -0.01 | 0.86 | 0.87 | ||
2048 | 16.36 | 14.08 | -2.28 | ---- | -0.01 | 0.86 | 0.87 | ||
2049 | 16.34 | 14.08 | -2.26 | ---- | -0.01 | 0.86 | 0.87 | ||
2050 | 16.32 | 14.08 | -2.24 | ---- | -0.01 | 0.86 | 0.87 | ||
2051 | 16.31 | 14.08 | -2.23 | ---- | -0.01 | 0.86 | 0.87 | ||
2052 | 16.31 | 14.08 | -2.22 | ---- | -0.02 | 0.86 | 0.87 | ||
2053 | 16.32 | 14.09 | -2.23 | ---- | -0.02 | 0.86 | 0.87 | ||
2054 | 16.33 | 14.09 | -2.24 | ---- | -0.02 | 0.86 | 0.87 | ||
2055 | 16.35 | 14.09 | -2.26 | ---- | -0.02 | 0.86 | 0.88 | ||
2056 | 16.37 | 14.09 | -2.28 | ---- | -0.02 | 0.86 | 0.88 | ||
2057 | 16.40 | 14.10 | -2.30 | ---- | -0.02 | 0.86 | 0.88 | ||
2058 | 16.42 | 14.10 | -2.32 | ---- | -0.02 | 0.86 | 0.88 | ||
2059 | 16.44 | 14.10 | -2.34 | ---- | -0.02 | 0.86 | 0.88 | ||
2060 | 16.46 | 14.10 | -2.36 | ---- | -0.02 | 0.86 | 0.88 | ||
2061 | 16.49 | 14.74 | -1.75 | ---- | -0.02 | 1.49 | 1.51 | ||
2062 | 16.51 | 14.77 | -1.74 | ---- | -0.02 | 1.53 | 1.55 | ||
2063 | 16.53 | 14.78 | -1.76 | ---- | -0.02 | 1.53 | 1.55 | ||
2064 | 16.56 | 14.78 | -1.78 | ---- | -0.02 | 1.53 | 1.55 | ||
2065 | 16.59 | 14.78 | -1.81 | ---- | -0.03 | 1.53 | 1.55 | ||
2066 | 16.62 | 14.78 | -1.84 | ---- | -0.03 | 1.53 | 1.55 | ||
2067 | 16.66 | 14.79 | -1.87 | ---- | -0.03 | 1.53 | 1.55 | ||
2068 | 16.70 | 14.79 | -1.91 | ---- | -0.03 | 1.53 | 1.56 | ||
2069 | 16.74 | 14.79 | -1.94 | ---- | -0.03 | 1.53 | 1.56 | ||
2070 | 16.78 | 14.80 | -1.98 | ---- | -0.03 | 1.53 | 1.56 | ||
2071 | 16.82 | 15.25 | -1.57 | ---- | -0.03 | 1.98 | 2.01 | ||
2072 | 16.86 | 15.28 | -1.58 | ---- | -0.03 | 2.00 | 2.04 | ||
2073 | 16.90 | 15.28 | -1.62 | ---- | -0.03 | 2.01 | 2.04 | ||
2074 | 16.95 | 15.28 | -1.66 | ---- | -0.03 | 2.01 | 2.04 | ||
2075 | 16.99 | 15.29 | -1.70 | ---- | -0.03 | 2.01 | 2.04 | ||
2076 | 17.04 | 15.29 | -1.74 | ---- | -0.04 | 2.01 | 2.04 | ||
2077 | 17.08 | 15.30 | -1.78 | ---- | -0.04 | 2.01 | 2.04 | ||
2078 | 17.12 | 15.30 | -1.83 | ---- | -0.04 | 2.01 | 2.05 | ||
2079 | 17.17 | 15.30 | -1.87 | ---- | -0.04 | 2.01 | 2.05 | ||
2080 | 17.21 | 15.31 | -1.91 | ---- | -0.04 | 2.01 | 2.05 | ||
2081 | 17.25 | 15.49 | -1.76 | ---- | -0.04 | 2.19 | 2.23 | ||
2082 | 17.30 | 15.50 | -1.79 | ---- | -0.04 | 2.20 | 2.24 | ||
2083 | 17.34 | 15.51 | -1.83 | ---- | -0.04 | 2.20 | 2.24 | ||
2084 | 17.38 | 15.51 | -1.87 | ---- | -0.04 | 2.20 | 2.25 | ||
2085 | 17.42 | 15.51 | -1.91 | ---- | -0.04 | 2.20 | 2.25 |
  | 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 |
||
Based on Intermediate Assumptions of the 2010 Trustees Report. | |||||||||
2010-2084 | 15.92% | 14.84% | -1.08% | 2042 | -0.01% | 0.83% | 0.84% | ||
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1 Under present law, the year of exhaustion
is 2037. |
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