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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 |
|||
2011 | 13.35 | 12.52 | -0.82 | 353 | 0.00 | 0.00 | 0.00 | ||
2012 | 13.23 | 12.87 | -0.36 | 347 | 0.00 | 0.00 | 0.00 | ||
2013 | 13.18 | 12.87 | -0.31 | 341 | 0.00 | 0.00 | 0.00 | ||
2014 | 13.18 | 12.92 | -0.27 | 334 | 0.00 | 0.00 | 0.00 | ||
2015 | 13.24 | 12.94 | -0.30 | 328 | 0.00 | 0.00 | 0.00 | ||
2016 | 13.33 | 12.97 | -0.36 | 321 | 0.00 | 0.00 | 0.00 | ||
2017 | 13.46 | 13.00 | -0.46 | 314 | 0.00 | 0.00 | 0.00 | ||
2018 | 13.62 | 13.03 | -0.59 | 306 | 0.00 | 0.00 | 0.00 | ||
2019 | 13.89 | 13.04 | -0.85 | 295 | 0.01 | 0.00 | -0.01 | ||
2020 | 14.21 | 13.06 | -1.15 | 284 | 0.02 | 0.00 | -0.02 | ||
2021 | 14.54 | 13.08 | -1.46 | 271 | 0.03 | 0.00 | -0.02 | ||
2022 | 14.86 | 13.10 | -1.76 | 258 | 0.03 | 0.00 | -0.03 | ||
2023 | 15.17 | 13.12 | -2.05 | 243 | 0.04 | 0.00 | -0.04 | ||
2024 | 15.46 | 13.13 | -2.32 | 228 | 0.05 | 0.00 | -0.05 | ||
2025 | 15.73 | 13.15 | -2.58 | 213 | 0.06 | 0.00 | -0.06 | ||
2026 | 15.99 | 13.17 | -2.83 | 196 | 0.07 | 0.00 | -0.07 | ||
2027 | 16.22 | 13.18 | -3.04 | 179 | 0.08 | 0.00 | -0.07 | ||
2028 | 16.43 | 13.19 | -3.24 | 161 | 0.08 | 0.00 | -0.08 | ||
2029 | 16.61 | 13.21 | -3.40 | 142 | 0.09 | 0.00 | -0.09 | ||
2030 | 16.75 | 13.22 | -3.54 | 122 | 0.10 | 0.00 | -0.09 | ||
2031 | 16.86 | 13.22 | -3.64 | 103 | 0.10 | 0.00 | -0.10 | ||
2032 | 16.96 | 13.23 | -3.73 | 82 | 0.11 | 0.00 | -0.11 | ||
2033 | 17.04 | 13.24 | -3.81 | 61 | 0.12 | 0.00 | -0.11 | ||
2034 | 17.10 | 13.24 | -3.86 | 40 | 0.12 | 0.00 | -0.12 | ||
2035 | 17.14 | 13.25 | -3.89 | 18 | 0.13 | 0.00 | -0.12 | ||
2036 | 17.17 | 13.25 | -3.91 | ---- | 0.13 | 0.01 | -0.13 | ||
2037 | 17.18 | 13.25 | -3.92 | ---- | 0.14 | 0.01 | -0.13 | ||
2038 | 17.16 | 13.25 | -3.91 | ---- | 0.14 | 0.01 | -0.14 | ||
2039 | 17.13 | 13.25 | -3.88 | ---- | 0.15 | 0.01 | -0.14 | ||
2040 | 17.10 | 13.25 | -3.85 | ---- | 0.15 | 0.01 | -0.14 | ||
2041 | 17.07 | 13.25 | -3.81 | ---- | 0.15 | 0.01 | -0.15 | ||
2042 | 17.03 | 13.25 | -3.78 | ---- | 0.16 | 0.01 | -0.15 | ||
2043 | 17.00 | 13.25 | -3.75 | ---- | 0.16 | 0.01 | -0.15 | ||
2044 | 16.98 | 13.25 | -3.72 | ---- | 0.16 | 0.01 | -0.16 | ||
2045 | 16.95 | 13.25 | -3.70 | ---- | 0.17 | 0.01 | -0.16 | ||
2046 | 16.93 | 13.25 | -3.68 | ---- | 0.17 | 0.01 | -0.16 | ||
2047 | 16.91 | 13.25 | -3.66 | ---- | 0.17 | 0.01 | -0.17 | ||
2048 | 16.89 | 13.25 | -3.64 | ---- | 0.18 | 0.01 | -0.17 | ||
2049 | 16.88 | 13.25 | -3.63 | ---- | 0.18 | 0.01 | -0.17 | ||
2050 | 16.87 | 13.25 | -3.62 | ---- | 0.18 | 0.01 | -0.17 | ||
2051 | 16.86 | 13.25 | -3.61 | ---- | 0.18 | 0.01 | -0.18 | ||
2052 | 16.87 | 13.25 | -3.61 | ---- | 0.18 | 0.01 | -0.18 | ||
2053 | 16.88 | 13.25 | -3.62 | ---- | 0.19 | 0.01 | -0.18 | ||
2054 | 16.89 | 13.26 | -3.63 | ---- | 0.19 | 0.01 | -0.18 | ||
2055 | 16.91 | 13.26 | -3.65 | ---- | 0.19 | 0.01 | -0.18 | ||
2056 | 16.93 | 13.26 | -3.67 | ---- | 0.19 | 0.01 | -0.18 | ||
2057 | 16.96 | 13.26 | -3.69 | ---- | 0.19 | 0.01 | -0.19 | ||
2058 | 16.98 | 13.26 | -3.71 | ---- | 0.20 | 0.01 | -0.19 | ||
2059 | 16.99 | 13.27 | -3.72 | ---- | 0.20 | 0.01 | -0.19 | ||
2060 | 17.00 | 13.27 | -3.73 | ---- | 0.20 | 0.01 | -0.19 | ||
2061 | 17.01 | 13.27 | -3.74 | ---- | 0.20 | 0.01 | -0.19 | ||
2062 | 17.02 | 13.27 | -3.75 | ---- | 0.20 | 0.01 | -0.19 | ||
2063 | 17.04 | 13.27 | -3.77 | ---- | 0.20 | 0.01 | -0.19 | ||
2064 | 17.05 | 13.27 | -3.78 | ---- | 0.20 | 0.01 | -0.19 | ||
2065 | 17.07 | 13.27 | -3.80 | ---- | 0.20 | 0.01 | -0.19 | ||
2066 | 17.09 | 13.28 | -3.82 | ---- | 0.20 | 0.01 | -0.19 | ||
2067 | 17.12 | 13.28 | -3.84 | ---- | 0.20 | 0.01 | -0.20 | ||
2068 | 17.14 | 13.28 | -3.87 | ---- | 0.20 | 0.01 | -0.20 | ||
2069 | 17.18 | 13.28 | -3.89 | ---- | 0.21 | 0.01 | -0.20 | ||
2070 | 17.21 | 13.28 | -3.92 | ---- | 0.21 | 0.01 | -0.20 | ||
2071 | 17.24 | 13.29 | -3.95 | ---- | 0.21 | 0.01 | -0.20 | ||
2072 | 17.27 | 13.29 | -3.99 | ---- | 0.21 | 0.01 | -0.20 | ||
2073 | 17.31 | 13.29 | -4.02 | ---- | 0.21 | 0.01 | -0.20 | ||
2074 | 17.35 | 13.29 | -4.06 | ---- | 0.21 | 0.01 | -0.20 | ||
2075 | 17.39 | 13.30 | -4.09 | ---- | 0.21 | 0.01 | -0.20 | ||
2076 | 17.42 | 13.30 | -4.13 | ---- | 0.21 | 0.01 | -0.20 | ||
2077 | 17.46 | 13.30 | -4.16 | ---- | 0.21 | 0.01 | -0.20 | ||
2078 | 17.50 | 13.30 | -4.19 | ---- | 0.21 | 0.01 | -0.20 | ||
2079 | 17.54 | 13.31 | -4.23 | ---- | 0.21 | 0.01 | -0.20 | ||
2080 | 17.57 | 13.31 | -4.27 | ---- | 0.21 | 0.01 | -0.20 | ||
2081 | 17.61 | 13.31 | -4.30 | ---- | 0.21 | 0.01 | -0.20 | ||
2082 | 17.65 | 13.31 | -4.34 | ---- | 0.21 | 0.01 | -0.20 | ||
2083 | 17.69 | 13.32 | -4.38 | ---- | 0.21 | 0.01 | -0.20 | ||
2084 | 17.73 | 13.32 | -4.41 | ---- | 0.21 | 0.01 | -0.20 | ||
2085 | 17.77 | 13.32 | -4.45 | ---- | 0.21 | 0.01 | -0.21 | ||
2086 | 17.81 | 13.32 | -4.48 | ---- | 0.22 | 0.01 | -0.21 |
  | 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 2011 Trustees Report. | |||||||||
2011-2085 | 16.38% | 14.03% | -2.35% | 2035 | 0.13% | 0.01% | -0.12% | ||
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1 Under present law, the year of exhaustion
is 2036. |
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