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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 | 13.24 | 0.42 | 346 | 0.00 | 0.34 | 0.34 | ||
2014 | 12.86 | 13.28 | 0.42 | 343 | 0.00 | 0.36 | 0.36 | ||
2015 | 12.98 | 13.30 | 0.33 | 341 | 0.00 | 0.37 | 0.37 | ||
2016 | 13.10 | 13.33 | 0.23 | 338 | 0.00 | 0.37 | 0.37 | ||
2017 | 13.30 | 13.36 | 0.06 | 334 | 0.00 | 0.37 | 0.37 | ||
2018 | 13.55 | 13.39 | -0.16 | 330 | 0.00 | 0.37 | 0.37 | ||
2019 | 13.84 | 13.40 | -0.43 | 324 | 0.00 | 0.38 | 0.38 | ||
2020 | 14.15 | 13.42 | -0.72 | 317 | 0.00 | 0.38 | 0.38 | ||
2021 | 14.45 | 13.44 | -1.01 | 309 | 0.00 | 0.38 | 0.38 | ||
2022 | 14.75 | 13.46 | -1.29 | 300 | 0.00 | 0.38 | 0.38 | ||
2023 | 15.03 | 13.48 | -1.55 | 289 | 0.00 | 0.38 | 0.38 | ||
2024 | 15.28 | 13.49 | -1.79 | 278 | 0.00 | 0.38 | 0.38 | ||
2025 | 15.53 | 13.51 | -2.02 | 266 | 0.00 | 0.38 | 0.38 | ||
2026 | 15.75 | 13.52 | -2.23 | 253 | 0.00 | 0.38 | 0.38 | ||
2027 | 15.95 | 13.54 | -2.42 | 240 | 0.00 | 0.38 | 0.38 | ||
2028 | 16.13 | 13.55 | -2.58 | 225 | 0.00 | 0.38 | 0.38 | ||
2029 | 16.28 | 13.56 | -2.72 | 211 | 0.00 | 0.38 | 0.38 | ||
2030 | 16.40 | 13.57 | -2.83 | 195 | 0.00 | 0.38 | 0.38 | ||
2031 | 16.50 | 13.58 | -2.92 | 180 | 0.00 | 0.38 | 0.38 | ||
2032 | 16.59 | 13.59 | -3.00 | 164 | 0.00 | 0.38 | 0.38 | ||
2033 | 16.65 | 13.59 | -3.06 | 147 | -0.01 | 0.38 | 0.38 | ||
2034 | 16.70 | 13.60 | -3.10 | 131 | -0.01 | 0.38 | 0.38 | ||
2035 | 16.72 | 13.60 | -3.12 | 114 | -0.01 | 0.38 | 0.38 | ||
2036 | 16.73 | 13.60 | -3.13 | 97 | -0.01 | 0.38 | 0.38 | ||
2037 | 16.73 | 13.61 | -3.12 | 80 | -0.01 | 0.38 | 0.38 | ||
2038 | 16.71 | 13.61 | -3.10 | 62 | -0.01 | 0.38 | 0.38 | ||
2039 | 16.67 | 13.61 | -3.07 | 45 | -0.01 | 0.38 | 0.39 | ||
2040 | 16.63 | 13.61 | -3.03 | 28 | -0.01 | 0.38 | 0.39 | ||
2041 | 16.59 | 13.61 | -2.98 | 10 | -0.01 | 0.38 | 0.39 | ||
2042 | 16.54 | 13.61 | -2.94 | ---- | -0.01 | 0.38 | 0.39 | ||
2043 | 16.50 | 13.61 | -2.90 | ---- | -0.01 | 0.38 | 0.39 | ||
2044 | 16.47 | 13.60 | -2.86 | ---- | -0.01 | 0.38 | 0.39 | ||
2045 | 16.43 | 13.60 | -2.83 | ---- | -0.01 | 0.38 | 0.39 | ||
2046 | 16.41 | 13.60 | -2.80 | ---- | -0.01 | 0.38 | 0.39 | ||
2047 | 16.39 | 13.60 | -2.78 | ---- | -0.01 | 0.38 | 0.39 | ||
2048 | 16.36 | 13.60 | -2.76 | ---- | -0.01 | 0.38 | 0.39 | ||
2049 | 16.34 | 13.60 | -2.74 | ---- | -0.01 | 0.38 | 0.39 | ||
2050 | 16.32 | 13.60 | -2.72 | ---- | -0.01 | 0.38 | 0.39 | ||
2051 | 16.31 | 13.61 | -2.71 | ---- | -0.01 | 0.38 | 0.39 | ||
2052 | 16.31 | 13.61 | -2.71 | ---- | -0.01 | 0.38 | 0.39 | ||
2053 | 16.32 | 13.61 | -2.71 | ---- | -0.01 | 0.38 | 0.39 | ||
2054 | 16.33 | 13.61 | -2.72 | ---- | -0.01 | 0.38 | 0.39 | ||
2055 | 16.35 | 13.61 | -2.74 | ---- | -0.01 | 0.38 | 0.39 | ||
2056 | 16.38 | 13.61 | -2.76 | ---- | -0.01 | 0.38 | 0.39 | ||
2057 | 16.40 | 13.62 | -2.79 | ---- | -0.01 | 0.38 | 0.39 | ||
2058 | 16.43 | 13.62 | -2.81 | ---- | -0.01 | 0.38 | 0.39 | ||
2059 | 16.45 | 13.62 | -2.82 | ---- | -0.01 | 0.38 | 0.40 | ||
2060 | 16.47 | 13.62 | -2.84 | ---- | -0.01 | 0.38 | 0.40 | ||
2061 | 16.49 | 13.81 | -2.68 | ---- | -0.01 | 0.56 | 0.58 | ||
2062 | 16.52 | 13.82 | -2.70 | ---- | -0.02 | 0.57 | 0.59 | ||
2063 | 16.54 | 13.82 | -2.72 | ---- | -0.02 | 0.57 | 0.59 | ||
2064 | 16.57 | 13.82 | -2.75 | ---- | -0.02 | 0.57 | 0.59 | ||
2065 | 16.60 | 13.83 | -2.77 | ---- | -0.02 | 0.57 | 0.59 | ||
2066 | 16.63 | 13.83 | -2.80 | ---- | -0.02 | 0.57 | 0.59 | ||
2067 | 16.67 | 13.83 | -2.84 | ---- | -0.02 | 0.57 | 0.59 | ||
2068 | 16.71 | 13.84 | -2.87 | ---- | -0.02 | 0.57 | 0.59 | ||
2069 | 16.75 | 13.84 | -2.91 | ---- | -0.02 | 0.57 | 0.59 | ||
2070 | 16.79 | 13.84 | -2.95 | ---- | -0.02 | 0.57 | 0.59 | ||
2071 | 16.83 | 13.84 | -2.99 | ---- | -0.02 | 0.57 | 0.59 | ||
2072 | 16.87 | 13.85 | -3.03 | ---- | -0.02 | 0.58 | 0.59 | ||
2073 | 16.92 | 13.85 | -3.07 | ---- | -0.02 | 0.58 | 0.59 | ||
2074 | 16.96 | 13.85 | -3.11 | ---- | -0.02 | 0.58 | 0.59 | ||
2075 | 17.01 | 13.86 | -3.15 | ---- | -0.02 | 0.58 | 0.59 | ||
2076 | 17.05 | 13.86 | -3.19 | ---- | -0.02 | 0.58 | 0.59 | ||
2077 | 17.10 | 13.86 | -3.23 | ---- | -0.02 | 0.58 | 0.60 | ||
2078 | 17.14 | 13.87 | -3.28 | ---- | -0.02 | 0.58 | 0.60 | ||
2079 | 17.19 | 13.87 | -3.32 | ---- | -0.02 | 0.58 | 0.60 | ||
2080 | 17.23 | 13.87 | -3.36 | ---- | -0.02 | 0.58 | 0.60 | ||
2081 | 17.28 | 13.88 | -3.40 | ---- | -0.02 | 0.58 | 0.60 | ||
2082 | 17.32 | 13.88 | -3.44 | ---- | -0.02 | 0.58 | 0.60 | ||
2083 | 17.36 | 13.88 | -3.48 | ---- | -0.02 | 0.58 | 0.60 | ||
2084 | 17.41 | 13.89 | -3.52 | ---- | -0.02 | 0.58 | 0.60 | ||
2085 | 17.45 | 13.89 | -3.56 | ---- | -0.02 | 0.58 | 0.60 |
  | 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% | 14.41% | -1.51% | 2041 | -0.01% | 0.40% | 0.41% | ||
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1 Under present law, the year of exhaustion
is 2037. |
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