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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 | 13.31 | -0.24 | 317 | 0.00 | 0.29 | 0.29 | ||
2019 | 13.84 | 13.34 | -0.50 | 311 | 0.00 | 0.31 | 0.31 | ||
2020 | 14.15 | 13.36 | -0.79 | 304 | 0.00 | 0.31 | 0.31 | ||
2021 | 14.45 | 13.38 | -1.08 | 295 | 0.00 | 0.31 | 0.31 | ||
2022 | 14.75 | 13.39 | -1.35 | 285 | 0.00 | 0.31 | 0.31 | ||
2023 | 15.03 | 13.41 | -1.61 | 275 | 0.00 | 0.31 | 0.31 | ||
2024 | 15.29 | 13.43 | -1.86 | 263 | 0.00 | 0.31 | 0.31 | ||
2025 | 15.53 | 13.44 | -2.09 | 251 | 0.00 | 0.31 | 0.31 | ||
2026 | 15.76 | 13.46 | -2.30 | 237 | 0.00 | 0.31 | 0.31 | ||
2027 | 15.95 | 13.47 | -2.48 | 223 | 0.00 | 0.31 | 0.31 | ||
2028 | 16.13 | 13.48 | -2.65 | 209 | 0.00 | 0.31 | 0.31 | ||
2029 | 16.28 | 13.49 | -2.79 | 193 | 0.00 | 0.31 | 0.31 | ||
2030 | 16.40 | 13.50 | -2.90 | 178 | 0.00 | 0.31 | 0.31 | ||
2031 | 16.50 | 13.51 | -2.99 | 162 | 0.00 | 0.31 | 0.31 | ||
2032 | 16.59 | 13.52 | -3.07 | 145 | 0.00 | 0.31 | 0.31 | ||
2033 | 16.66 | 13.53 | -3.13 | 128 | 0.00 | 0.31 | 0.31 | ||
2034 | 16.70 | 13.53 | -3.17 | 111 | 0.00 | 0.31 | 0.32 | ||
2035 | 16.72 | 13.54 | -3.19 | 94 | 0.00 | 0.31 | 0.32 | ||
2036 | 16.73 | 13.54 | -3.20 | 76 | 0.00 | 0.31 | 0.32 | ||
2037 | 16.73 | 13.54 | -3.19 | 58 | 0.00 | 0.31 | 0.32 | ||
2038 | 16.71 | 13.54 | -3.17 | 40 | 0.00 | 0.31 | 0.32 | ||
2039 | 16.68 | 13.54 | -3.13 | 22 | 0.00 | 0.31 | 0.32 | ||
2040 | 16.64 | 13.54 | -3.10 | 4 | 0.00 | 0.31 | 0.32 | ||
2041 | 16.59 | 13.54 | -3.05 | ---- | 0.00 | 0.31 | 0.32 | ||
2042 | 16.55 | 13.54 | -3.01 | ---- | -0.01 | 0.31 | 0.32 | ||
2043 | 16.51 | 13.54 | -2.97 | ---- | -0.01 | 0.31 | 0.32 | ||
2044 | 16.47 | 13.54 | -2.93 | ---- | -0.01 | 0.31 | 0.32 | ||
2045 | 16.44 | 13.54 | -2.90 | ---- | -0.01 | 0.31 | 0.32 | ||
2046 | 16.41 | 13.54 | -2.87 | ---- | -0.01 | 0.31 | 0.32 | ||
2047 | 16.39 | 13.54 | -2.85 | ---- | -0.01 | 0.31 | 0.32 | ||
2048 | 16.37 | 13.54 | -2.83 | ---- | -0.01 | 0.31 | 0.32 | ||
2049 | 16.35 | 13.54 | -2.81 | ---- | -0.01 | 0.31 | 0.32 | ||
2050 | 16.33 | 13.54 | -2.79 | ---- | -0.01 | 0.31 | 0.32 | ||
2051 | 16.32 | 13.54 | -2.78 | ---- | -0.01 | 0.31 | 0.32 | ||
2052 | 16.32 | 13.54 | -2.77 | ---- | -0.01 | 0.32 | 0.32 | ||
2053 | 16.32 | 13.54 | -2.78 | ---- | -0.01 | 0.32 | 0.32 | ||
2054 | 16.34 | 13.55 | -2.79 | ---- | -0.01 | 0.32 | 0.32 | ||
2055 | 16.36 | 13.55 | -2.81 | ---- | -0.01 | 0.32 | 0.33 | ||
2056 | 16.38 | 13.55 | -2.83 | ---- | -0.01 | 0.32 | 0.33 | ||
2057 | 16.41 | 13.55 | -2.85 | ---- | -0.01 | 0.32 | 0.33 | ||
2058 | 16.43 | 13.55 | -2.87 | ---- | -0.01 | 0.32 | 0.33 | ||
2059 | 16.45 | 13.56 | -2.89 | ---- | -0.01 | 0.32 | 0.33 | ||
2060 | 16.47 | 13.56 | -2.91 | ---- | -0.01 | 0.32 | 0.33 | ||
2061 | 16.50 | 13.56 | -2.93 | ---- | -0.01 | 0.32 | 0.33 | ||
2062 | 16.52 | 13.56 | -2.96 | ---- | -0.01 | 0.32 | 0.33 | ||
2063 | 16.55 | 13.57 | -2.98 | ---- | -0.01 | 0.32 | 0.33 | ||
2064 | 16.57 | 13.57 | -3.00 | ---- | -0.01 | 0.32 | 0.33 | ||
2065 | 16.60 | 13.57 | -3.03 | ---- | -0.01 | 0.32 | 0.33 | ||
2066 | 16.64 | 13.57 | -3.06 | ---- | -0.01 | 0.32 | 0.33 | ||
2067 | 16.67 | 13.58 | -3.10 | ---- | -0.01 | 0.32 | 0.33 | ||
2068 | 16.71 | 13.58 | -3.13 | ---- | -0.01 | 0.32 | 0.33 | ||
2069 | 16.75 | 13.58 | -3.17 | ---- | -0.01 | 0.32 | 0.33 | ||
2070 | 16.79 | 13.59 | -3.21 | ---- | -0.01 | 0.32 | 0.33 | ||
2071 | 16.84 | 13.59 | -3.25 | ---- | -0.01 | 0.32 | 0.33 | ||
2072 | 16.88 | 13.59 | -3.29 | ---- | -0.01 | 0.32 | 0.33 | ||
2073 | 16.92 | 13.60 | -3.33 | ---- | -0.01 | 0.32 | 0.33 | ||
2074 | 16.97 | 13.60 | -3.37 | ---- | -0.01 | 0.32 | 0.33 | ||
2075 | 17.01 | 13.60 | -3.41 | ---- | -0.01 | 0.32 | 0.33 | ||
2076 | 17.06 | 13.61 | -3.45 | ---- | -0.01 | 0.32 | 0.33 | ||
2077 | 17.10 | 13.61 | -3.49 | ---- | -0.01 | 0.32 | 0.33 | ||
2078 | 17.15 | 13.61 | -3.54 | ---- | -0.01 | 0.32 | 0.33 | ||
2079 | 17.19 | 13.62 | -3.58 | ---- | -0.01 | 0.32 | 0.34 | ||
2080 | 17.24 | 13.62 | -3.62 | ---- | -0.01 | 0.32 | 0.34 | ||
2081 | 17.28 | 13.62 | -3.66 | ---- | -0.01 | 0.32 | 0.34 | ||
2082 | 17.32 | 13.62 | -3.70 | ---- | -0.01 | 0.32 | 0.34 | ||
2083 | 17.37 | 13.63 | -3.74 | ---- | -0.01 | 0.32 | 0.34 | ||
2084 | 17.41 | 13.63 | -3.78 | ---- | -0.01 | 0.32 | 0.34 | ||
2085 | 17.45 | 13.63 | -3.82 | ---- | -0.01 | 0.32 | 0.34 |
  | 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% | 14.28% | -1.65% | 2040 | -0.01% | 0.27% | 0.27% | ||
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1 Under present law, the year of exhaustion
is 2037. |
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