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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 | 13.54 | 0.00 | 317 | 0.00 | 0.53 | 0.53 | ||
2019 | 13.84 | 13.59 | -0.25 | 313 | 0.00 | 0.56 | 0.56 | ||
2020 | 14.15 | 13.61 | -0.54 | 307 | 0.00 | 0.56 | 0.56 | ||
2021 | 14.45 | 13.63 | -0.83 | 300 | 0.00 | 0.56 | 0.56 | ||
2022 | 14.75 | 13.64 | -1.10 | 292 | 0.00 | 0.56 | 0.56 | ||
2023 | 15.03 | 13.66 | -1.36 | 283 | 0.00 | 0.56 | 0.56 | ||
2024 | 15.28 | 13.68 | -1.61 | 273 | 0.00 | 0.56 | 0.56 | ||
2025 | 15.53 | 13.69 | -1.84 | 262 | 0.00 | 0.56 | 0.56 | ||
2026 | 15.75 | 13.71 | -2.05 | 250 | 0.00 | 0.56 | 0.56 | ||
2027 | 15.95 | 13.72 | -2.23 | 238 | 0.00 | 0.56 | 0.56 | ||
2028 | 16.13 | 13.73 | -2.39 | 225 | 0.00 | 0.56 | 0.56 | ||
2029 | 16.28 | 13.74 | -2.54 | 211 | 0.00 | 0.56 | 0.57 | ||
2030 | 16.40 | 13.75 | -2.65 | 197 | 0.00 | 0.56 | 0.57 | ||
2031 | 16.50 | 13.76 | -2.74 | 182 | 0.00 | 0.56 | 0.57 | ||
2032 | 16.59 | 13.77 | -2.82 | 168 | 0.00 | 0.56 | 0.57 | ||
2033 | 16.65 | 13.78 | -2.88 | 152 | -0.01 | 0.56 | 0.57 | ||
2034 | 16.70 | 13.78 | -2.92 | 137 | -0.01 | 0.56 | 0.57 | ||
2035 | 16.72 | 13.79 | -2.94 | 121 | -0.01 | 0.56 | 0.57 | ||
2036 | 16.73 | 13.79 | -2.94 | 105 | -0.01 | 0.56 | 0.57 | ||
2037 | 16.73 | 13.79 | -2.94 | 90 | -0.01 | 0.56 | 0.57 | ||
2038 | 16.71 | 13.79 | -2.91 | 73 | -0.01 | 0.56 | 0.57 | ||
2039 | 16.67 | 13.79 | -2.88 | 57 | -0.01 | 0.56 | 0.57 | ||
2040 | 16.63 | 13.79 | -2.84 | 41 | -0.01 | 0.56 | 0.57 | ||
2041 | 16.59 | 13.79 | -2.80 | 25 | -0.01 | 0.56 | 0.57 | ||
2042 | 16.54 | 13.79 | -2.75 | 9 | -0.01 | 0.56 | 0.57 | ||
2043 | 16.50 | 13.79 | -2.71 | ---- | -0.01 | 0.56 | 0.58 | ||
2044 | 16.46 | 13.79 | -2.67 | ---- | -0.01 | 0.56 | 0.58 | ||
2045 | 16.43 | 13.79 | -2.64 | ---- | -0.01 | 0.57 | 0.58 | ||
2046 | 16.41 | 13.79 | -2.62 | ---- | -0.01 | 0.57 | 0.58 | ||
2047 | 16.38 | 13.79 | -2.59 | ---- | -0.01 | 0.57 | 0.58 | ||
2048 | 16.36 | 13.79 | -2.57 | ---- | -0.01 | 0.57 | 0.58 | ||
2049 | 16.34 | 13.79 | -2.55 | ---- | -0.01 | 0.57 | 0.58 | ||
2050 | 16.32 | 13.79 | -2.53 | ---- | -0.01 | 0.57 | 0.58 | ||
2051 | 16.31 | 13.79 | -2.52 | ---- | -0.02 | 0.57 | 0.58 | ||
2052 | 16.31 | 13.79 | -2.52 | ---- | -0.02 | 0.57 | 0.58 | ||
2053 | 16.32 | 13.80 | -2.52 | ---- | -0.02 | 0.57 | 0.58 | ||
2054 | 16.33 | 13.80 | -2.53 | ---- | -0.02 | 0.57 | 0.58 | ||
2055 | 16.35 | 13.80 | -2.55 | ---- | -0.02 | 0.57 | 0.59 | ||
2056 | 16.37 | 13.80 | -2.57 | ---- | -0.02 | 0.57 | 0.59 | ||
2057 | 16.40 | 13.80 | -2.59 | ---- | -0.02 | 0.57 | 0.59 | ||
2058 | 16.42 | 13.81 | -2.61 | ---- | -0.02 | 0.57 | 0.59 | ||
2059 | 16.44 | 13.81 | -2.63 | ---- | -0.02 | 0.57 | 0.59 | ||
2060 | 16.46 | 13.81 | -2.65 | ---- | -0.02 | 0.57 | 0.59 | ||
2061 | 16.49 | 13.81 | -2.67 | ---- | -0.02 | 0.57 | 0.59 | ||
2062 | 16.51 | 13.82 | -2.69 | ---- | -0.02 | 0.57 | 0.59 | ||
2063 | 16.54 | 13.82 | -2.72 | ---- | -0.02 | 0.57 | 0.59 | ||
2064 | 16.56 | 13.82 | -2.74 | ---- | -0.02 | 0.57 | 0.59 | ||
2065 | 16.59 | 13.82 | -2.77 | ---- | -0.02 | 0.57 | 0.59 | ||
2066 | 16.63 | 13.83 | -2.80 | ---- | -0.02 | 0.57 | 0.59 | ||
2067 | 16.66 | 13.83 | -2.83 | ---- | -0.02 | 0.57 | 0.60 | ||
2068 | 16.70 | 13.83 | -2.87 | ---- | -0.02 | 0.57 | 0.60 | ||
2069 | 16.74 | 13.84 | -2.90 | ---- | -0.02 | 0.57 | 0.60 | ||
2070 | 16.78 | 13.84 | -2.94 | ---- | -0.02 | 0.57 | 0.60 | ||
2071 | 16.82 | 13.84 | -2.98 | ---- | -0.02 | 0.57 | 0.60 | ||
2072 | 16.87 | 13.85 | -3.02 | ---- | -0.02 | 0.57 | 0.60 | ||
2073 | 16.91 | 13.85 | -3.06 | ---- | -0.02 | 0.57 | 0.60 | ||
2074 | 16.96 | 13.85 | -3.10 | ---- | -0.02 | 0.57 | 0.60 | ||
2075 | 17.00 | 13.86 | -3.15 | ---- | -0.02 | 0.57 | 0.60 | ||
2076 | 17.05 | 13.86 | -3.19 | ---- | -0.02 | 0.58 | 0.60 | ||
2077 | 17.09 | 13.86 | -3.23 | ---- | -0.02 | 0.58 | 0.60 | ||
2078 | 17.14 | 13.87 | -3.27 | ---- | -0.03 | 0.58 | 0.60 | ||
2079 | 17.18 | 13.87 | -3.31 | ---- | -0.03 | 0.58 | 0.60 | ||
2080 | 17.23 | 13.87 | -3.35 | ---- | -0.03 | 0.58 | 0.60 | ||
2081 | 17.27 | 13.88 | -3.39 | ---- | -0.03 | 0.58 | 0.60 | ||
2082 | 17.31 | 13.88 | -3.43 | ---- | -0.03 | 0.58 | 0.60 | ||
2083 | 17.36 | 13.88 | -3.47 | ---- | -0.03 | 0.58 | 0.60 | ||
2084 | 17.40 | 13.89 | -3.52 | ---- | -0.02 | 0.58 | 0.60 | ||
2085 | 17.44 | 13.89 | -3.55 | ---- | -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% | 14.49% | -1.43% | 2042 | -0.01% | 0.48% | 0.49% | ||
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1 Under present law, the year of exhaustion
is 2037. |
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