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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 | 13.17 | -0.37 | 317 | 0.00 | 0.16 | 0.16 | ||
2019 | 13.84 | 13.20 | -0.64 | 310 | 0.00 | 0.17 | 0.17 | ||
2020 | 14.15 | 13.22 | -0.93 | 302 | 0.00 | 0.17 | 0.17 | ||
2021 | 14.45 | 13.23 | -1.22 | 292 | 0.00 | 0.17 | 0.17 | ||
2022 | 14.75 | 13.25 | -1.49 | 282 | 0.00 | 0.17 | 0.17 | ||
2023 | 15.03 | 13.27 | -1.76 | 270 | 0.00 | 0.17 | 0.17 | ||
2024 | 15.29 | 13.29 | -2.00 | 258 | 0.00 | 0.17 | 0.17 | ||
2025 | 15.53 | 13.30 | -2.23 | 244 | 0.00 | 0.17 | 0.17 | ||
2026 | 15.76 | 13.32 | -2.44 | 230 | 0.00 | 0.17 | 0.17 | ||
2027 | 15.95 | 13.33 | -2.63 | 215 | 0.00 | 0.17 | 0.17 | ||
2028 | 16.13 | 13.34 | -2.79 | 199 | 0.00 | 0.17 | 0.17 | ||
2029 | 16.28 | 13.35 | -2.93 | 183 | 0.00 | 0.17 | 0.17 | ||
2030 | 16.40 | 13.36 | -3.04 | 167 | 0.00 | 0.17 | 0.17 | ||
2031 | 16.50 | 13.37 | -3.14 | 150 | 0.00 | 0.17 | 0.17 | ||
2032 | 16.59 | 13.38 | -3.21 | 132 | 0.00 | 0.17 | 0.17 | ||
2033 | 16.66 | 13.38 | -3.27 | 114 | 0.00 | 0.17 | 0.17 | ||
2034 | 16.70 | 13.39 | -3.31 | 96 | 0.00 | 0.17 | 0.17 | ||
2035 | 16.73 | 13.39 | -3.33 | 78 | 0.00 | 0.17 | 0.17 | ||
2036 | 16.74 | 13.40 | -3.34 | 59 | 0.00 | 0.17 | 0.17 | ||
2037 | 16.73 | 13.40 | -3.34 | 40 | 0.00 | 0.17 | 0.17 | ||
2038 | 16.71 | 13.40 | -3.31 | 21 | 0.00 | 0.17 | 0.17 | ||
2039 | 16.68 | 13.40 | -3.28 | 2 | 0.00 | 0.17 | 0.17 | ||
2040 | 16.64 | 13.40 | -3.24 | ---- | 0.00 | 0.17 | 0.17 | ||
2041 | 16.60 | 13.40 | -3.20 | ---- | 0.00 | 0.17 | 0.17 | ||
2042 | 16.55 | 13.40 | -3.15 | ---- | 0.00 | 0.17 | 0.17 | ||
2043 | 16.51 | 13.40 | -3.11 | ---- | 0.00 | 0.17 | 0.17 | ||
2044 | 16.47 | 13.40 | -3.08 | ---- | 0.00 | 0.17 | 0.17 | ||
2045 | 16.44 | 13.40 | -3.04 | ---- | 0.00 | 0.17 | 0.17 | ||
2046 | 16.41 | 13.40 | -3.02 | ---- | 0.00 | 0.17 | 0.17 | ||
2047 | 16.39 | 13.40 | -3.00 | ---- | 0.00 | 0.17 | 0.17 | ||
2048 | 16.37 | 13.40 | -2.98 | ---- | 0.00 | 0.17 | 0.17 | ||
2049 | 16.35 | 13.40 | -2.95 | ---- | 0.00 | 0.17 | 0.17 | ||
2050 | 16.33 | 13.40 | -2.93 | ---- | 0.00 | 0.17 | 0.17 | ||
2051 | 16.32 | 13.40 | -2.92 | ---- | 0.00 | 0.17 | 0.18 | ||
2052 | 16.32 | 13.40 | -2.92 | ---- | 0.00 | 0.17 | 0.18 | ||
2053 | 16.33 | 13.40 | -2.93 | ---- | 0.00 | 0.17 | 0.18 | ||
2054 | 16.34 | 13.40 | -2.94 | ---- | 0.00 | 0.17 | 0.18 | ||
2055 | 16.36 | 13.40 | -2.96 | ---- | 0.00 | 0.17 | 0.18 | ||
2056 | 16.39 | 13.41 | -2.98 | ---- | 0.00 | 0.17 | 0.18 | ||
2057 | 16.41 | 13.41 | -3.00 | ---- | 0.00 | 0.17 | 0.18 | ||
2058 | 16.43 | 13.41 | -3.02 | ---- | -0.01 | 0.17 | 0.18 | ||
2059 | 16.46 | 13.41 | -3.04 | ---- | -0.01 | 0.17 | 0.18 | ||
2060 | 16.48 | 13.42 | -3.06 | ---- | -0.01 | 0.17 | 0.18 | ||
2061 | 16.50 | 13.42 | -3.08 | ---- | -0.01 | 0.17 | 0.18 | ||
2062 | 16.53 | 13.42 | -3.11 | ---- | -0.01 | 0.17 | 0.18 | ||
2063 | 16.55 | 13.42 | -3.13 | ---- | -0.01 | 0.17 | 0.18 | ||
2064 | 16.58 | 13.42 | -3.16 | ---- | -0.01 | 0.17 | 0.18 | ||
2065 | 16.61 | 13.43 | -3.18 | ---- | -0.01 | 0.17 | 0.18 | ||
2066 | 16.64 | 13.43 | -3.21 | ---- | -0.01 | 0.17 | 0.18 | ||
2067 | 16.68 | 13.43 | -3.25 | ---- | -0.01 | 0.17 | 0.18 | ||
2068 | 16.72 | 13.44 | -3.28 | ---- | -0.01 | 0.17 | 0.18 | ||
2069 | 16.76 | 13.44 | -3.32 | ---- | -0.01 | 0.17 | 0.18 | ||
2070 | 16.80 | 13.44 | -3.36 | ---- | -0.01 | 0.17 | 0.18 | ||
2071 | 16.84 | 13.44 | -3.40 | ---- | -0.01 | 0.17 | 0.18 | ||
2072 | 16.89 | 13.45 | -3.44 | ---- | -0.01 | 0.17 | 0.18 | ||
2073 | 16.93 | 13.45 | -3.48 | ---- | -0.01 | 0.17 | 0.18 | ||
2074 | 16.98 | 13.45 | -3.52 | ---- | -0.01 | 0.17 | 0.18 | ||
2075 | 17.02 | 13.46 | -3.56 | ---- | -0.01 | 0.17 | 0.18 | ||
2076 | 17.06 | 13.46 | -3.61 | ---- | -0.01 | 0.17 | 0.18 | ||
2077 | 17.11 | 13.46 | -3.65 | ---- | -0.01 | 0.17 | 0.18 | ||
2078 | 17.15 | 13.47 | -3.69 | ---- | -0.01 | 0.18 | 0.18 | ||
2079 | 17.20 | 13.47 | -3.73 | ---- | -0.01 | 0.18 | 0.18 | ||
2080 | 17.24 | 13.47 | -3.77 | ---- | -0.01 | 0.18 | 0.18 | ||
2081 | 17.29 | 13.47 | -3.81 | ---- | -0.01 | 0.18 | 0.18 | ||
2082 | 17.33 | 13.48 | -3.85 | ---- | -0.01 | 0.18 | 0.18 | ||
2083 | 17.38 | 13.48 | -3.89 | ---- | -0.01 | 0.18 | 0.18 | ||
2084 | 17.42 | 13.48 | -3.94 | ---- | -0.01 | 0.18 | 0.18 | ||
2085 | 17.46 | 13.49 | -3.97 | ---- | -0.01 | 0.18 | 0.18 |
  | 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 | 15.93% | 14.15% | -1.77% | 2039 | -0.00% | 0.15% | 0.15% | ||
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1 Under present law, the year of exhaustion
is 2037. |
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