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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 |
  |
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 | 13.28 | -0.27 | 317 | 0.00 | 0.26 | 0.26 | ||
2019 | 13.84 | 13.31 | -0.53 | 311 | 0.00 | 0.28 | 0.28 | ||
2020 | 14.15 | 13.33 | -0.82 | 303 | 0.00 | 0.28 | 0.28 | ||
2021 | 14.45 | 13.35 | -1.11 | 294 | 0.00 | 0.28 | 0.28 | ||
2022 | 14.75 | 13.36 | -1.38 | 285 | 0.00 | 0.28 | 0.28 | ||
2023 | 15.03 | 13.38 | -1.64 | 274 | 0.00 | 0.28 | 0.28 | ||
2024 | 15.29 | 13.40 | -1.89 | 262 | 0.00 | 0.28 | 0.28 | ||
2025 | 15.53 | 13.41 | -2.12 | 249 | 0.00 | 0.28 | 0.28 | ||
2026 | 15.76 | 13.43 | -2.33 | 236 | 0.00 | 0.28 | 0.28 | ||
2027 | 15.95 | 13.44 | -2.51 | 222 | 0.00 | 0.28 | 0.28 | ||
2028 | 16.13 | 13.45 | -2.68 | 207 | 0.00 | 0.28 | 0.28 | ||
2029 | 16.28 | 13.46 | -2.82 | 191 | 0.00 | 0.28 | 0.28 | ||
2030 | 16.40 | 13.47 | -2.93 | 175 | 0.00 | 0.28 | 0.28 | ||
2031 | 16.50 | 13.48 | -3.02 | 159 | 0.00 | 0.28 | 0.28 | ||
2032 | 16.59 | 13.49 | -3.10 | 142 | 0.00 | 0.28 | 0.28 | ||
2033 | 16.66 | 13.50 | -3.16 | 125 | 0.00 | 0.28 | 0.28 | ||
2034 | 16.70 | 13.50 | -3.20 | 108 | 0.00 | 0.28 | 0.28 | ||
2035 | 16.72 | 13.51 | -3.22 | 90 | 0.00 | 0.28 | 0.28 | ||
2036 | 16.73 | 13.51 | -3.23 | 72 | 0.00 | 0.28 | 0.29 | ||
2037 | 16.73 | 13.51 | -3.22 | 54 | 0.00 | 0.28 | 0.29 | ||
2038 | 16.71 | 13.51 | -3.20 | 36 | 0.00 | 0.28 | 0.29 | ||
2039 | 16.68 | 13.51 | -3.17 | 18 | 0.00 | 0.28 | 0.29 | ||
2040 | 16.64 | 13.51 | -3.13 | ---- | 0.00 | 0.28 | 0.29 | ||
2041 | 16.59 | 13.51 | -3.08 | ---- | 0.00 | 0.28 | 0.29 | ||
2042 | 16.55 | 13.51 | -3.04 | ---- | 0.00 | 0.28 | 0.29 | ||
2043 | 16.51 | 13.51 | -3.00 | ---- | 0.00 | 0.28 | 0.29 | ||
2044 | 16.47 | 13.51 | -2.96 | ---- | -0.01 | 0.28 | 0.29 | ||
2045 | 16.44 | 13.51 | -2.93 | ---- | -0.01 | 0.28 | 0.29 | ||
2046 | 16.41 | 13.51 | -2.90 | ---- | -0.01 | 0.28 | 0.29 | ||
2047 | 16.39 | 13.51 | -2.88 | ---- | -0.01 | 0.28 | 0.29 | ||
2048 | 16.37 | 13.51 | -2.86 | ---- | -0.01 | 0.28 | 0.29 | ||
2049 | 16.35 | 13.51 | -2.84 | ---- | -0.01 | 0.28 | 0.29 | ||
2050 | 16.33 | 13.51 | -2.82 | ---- | -0.01 | 0.28 | 0.29 | ||
2051 | 16.32 | 13.51 | -2.81 | ---- | -0.01 | 0.28 | 0.29 | ||
2052 | 16.32 | 13.51 | -2.81 | ---- | -0.01 | 0.28 | 0.29 | ||
2053 | 16.32 | 13.51 | -2.81 | ---- | -0.01 | 0.28 | 0.29 | ||
2054 | 16.34 | 13.51 | -2.82 | ---- | -0.01 | 0.28 | 0.29 | ||
2055 | 16.36 | 13.52 | -2.84 | ---- | -0.01 | 0.28 | 0.29 | ||
2056 | 16.38 | 13.52 | -2.86 | ---- | -0.01 | 0.28 | 0.29 | ||
2057 | 16.41 | 13.52 | -2.89 | ---- | -0.01 | 0.28 | 0.29 | ||
2058 | 16.43 | 13.52 | -2.91 | ---- | -0.01 | 0.28 | 0.29 | ||
2059 | 16.45 | 13.53 | -2.93 | ---- | -0.01 | 0.28 | 0.29 | ||
2060 | 16.47 | 13.53 | -2.95 | ---- | -0.01 | 0.28 | 0.29 | ||
2061 | 16.50 | 13.53 | -2.97 | ---- | -0.01 | 0.29 | 0.30 | ||
2062 | 16.52 | 13.53 | -2.99 | ---- | -0.01 | 0.29 | 0.30 | ||
2063 | 16.55 | 13.53 | -3.01 | ---- | -0.01 | 0.29 | 0.30 | ||
2064 | 16.58 | 13.54 | -3.04 | ---- | -0.01 | 0.29 | 0.30 | ||
2065 | 16.61 | 13.54 | -3.07 | ---- | -0.01 | 0.29 | 0.30 | ||
2066 | 16.64 | 13.54 | -3.10 | ---- | -0.01 | 0.29 | 0.30 | ||
2067 | 16.68 | 13.54 | -3.13 | ---- | -0.01 | 0.29 | 0.30 | ||
2068 | 16.71 | 13.55 | -3.17 | ---- | -0.01 | 0.29 | 0.30 | ||
2069 | 16.75 | 13.55 | -3.20 | ---- | -0.01 | 0.29 | 0.30 | ||
2070 | 16.80 | 13.55 | -3.24 | ---- | -0.01 | 0.29 | 0.30 | ||
2071 | 16.84 | 13.56 | -3.28 | ---- | -0.01 | 0.29 | 0.30 | ||
2072 | 16.88 | 13.56 | -3.32 | ---- | -0.01 | 0.29 | 0.30 | ||
2073 | 16.93 | 13.56 | -3.36 | ---- | -0.01 | 0.29 | 0.30 | ||
2074 | 16.97 | 13.57 | -3.40 | ---- | -0.01 | 0.29 | 0.30 | ||
2075 | 17.02 | 13.57 | -3.45 | ---- | -0.01 | 0.29 | 0.30 | ||
2076 | 17.06 | 13.57 | -3.49 | ---- | -0.01 | 0.29 | 0.30 | ||
2077 | 17.10 | 13.58 | -3.53 | ---- | -0.01 | 0.29 | 0.30 | ||
2078 | 17.15 | 13.58 | -3.57 | ---- | -0.01 | 0.29 | 0.30 | ||
2079 | 17.19 | 13.58 | -3.61 | ---- | -0.01 | 0.29 | 0.30 | ||
2080 | 17.24 | 13.59 | -3.65 | ---- | -0.01 | 0.29 | 0.30 | ||
2081 | 17.28 | 13.59 | -3.69 | ---- | -0.01 | 0.29 | 0.30 | ||
2082 | 17.33 | 13.59 | -3.74 | ---- | -0.01 | 0.29 | 0.30 | ||
2083 | 17.37 | 13.59 | -3.78 | ---- | -0.01 | 0.29 | 0.30 | ||
2084 | 17.41 | 13.60 | -3.82 | ---- | -0.01 | 0.29 | 0.30 | ||
2085 | 17.46 | 13.60 | -3.86 | ---- | -0.01 | 0.29 | 0.30 |
  | 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% | 14.25% | -1.67% | 2039 | -0.01% | 0.24% | 0.25% | ||
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1 Under present law, the year of exhaustion
is 2037. |
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