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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 | 13.49 | 12.88 | -0.62 | 340 | 0.26 | 0.01 | -0.25 | ||
2013 | 13.44 | 12.88 | -0.56 | 332 | 0.26 | 0.01 | -0.25 | ||
2014 | 13.44 | 12.93 | -0.52 | 324 | 0.26 | 0.01 | -0.25 | ||
2015 | 13.51 | 12.95 | -0.55 | 316 | 0.26 | 0.01 | -0.25 | ||
2016 | 13.59 | 12.98 | -0.61 | 308 | 0.26 | 0.01 | -0.25 | ||
2017 | 13.73 | 13.01 | -0.71 | 299 | 0.27 | 0.01 | -0.25 | ||
2018 | 13.88 | 13.04 | -0.84 | 289 | 0.27 | 0.01 | -0.26 | ||
2019 | 14.15 | 13.06 | -1.10 | 278 | 0.27 | 0.01 | -0.26 | ||
2020 | 14.48 | 13.07 | -1.40 | 265 | 0.28 | 0.01 | -0.27 | ||
2021 | 14.81 | 13.09 | -1.71 | 252 | 0.29 | 0.01 | -0.27 | ||
2022 | 15.12 | 13.11 | -2.01 | 237 | 0.29 | 0.01 | -0.28 | ||
2023 | 15.42 | 13.13 | -2.29 | 222 | 0.30 | 0.01 | -0.28 | ||
2024 | 15.71 | 13.15 | -2.56 | 206 | 0.31 | 0.02 | -0.29 | ||
2025 | 15.98 | 13.16 | -2.82 | 189 | 0.31 | 0.02 | -0.29 | ||
2026 | 16.24 | 13.18 | -3.06 | 171 | 0.32 | 0.02 | -0.30 | ||
2027 | 16.47 | 13.19 | -3.27 | 153 | 0.32 | 0.02 | -0.30 | ||
2028 | 16.67 | 13.21 | -3.46 | 134 | 0.32 | 0.02 | -0.31 | ||
2029 | 16.85 | 13.22 | -3.63 | 114 | 0.33 | 0.02 | -0.31 | ||
2030 | 16.99 | 13.23 | -3.76 | 93 | 0.33 | 0.02 | -0.31 | ||
2031 | 17.09 | 13.24 | -3.86 | 72 | 0.33 | 0.02 | -0.32 | ||
2032 | 17.19 | 13.24 | -3.94 | 51 | 0.33 | 0.02 | -0.32 | ||
2033 | 17.27 | 13.25 | -4.01 | 29 | 0.34 | 0.02 | -0.32 | ||
2034 | 17.32 | 13.26 | -4.06 | 6 | 0.34 | 0.02 | -0.32 | ||
2035 | 17.35 | 13.26 | -4.09 | ---- | 0.34 | 0.02 | -0.32 | ||
2036 | 17.37 | 13.26 | -4.11 | ---- | 0.34 | 0.02 | -0.32 | ||
2037 | 17.38 | 13.27 | -4.11 | ---- | 0.34 | 0.02 | -0.32 | ||
2038 | 17.36 | 13.27 | -4.09 | ---- | 0.34 | 0.02 | -0.32 | ||
2039 | 17.33 | 13.27 | -4.06 | ---- | 0.34 | 0.02 | -0.32 | ||
2040 | 17.29 | 13.27 | -4.03 | ---- | 0.34 | 0.02 | -0.32 | ||
2041 | 17.25 | 13.26 | -3.98 | ---- | 0.34 | 0.02 | -0.32 | ||
2042 | 17.21 | 13.26 | -3.94 | ---- | 0.34 | 0.02 | -0.32 | ||
2043 | 17.17 | 13.26 | -3.91 | ---- | 0.33 | 0.02 | -0.32 | ||
2044 | 17.15 | 13.26 | -3.88 | ---- | 0.33 | 0.02 | -0.32 | ||
2045 | 17.12 | 13.26 | -3.86 | ---- | 0.33 | 0.02 | -0.32 | ||
2046 | 17.09 | 13.26 | -3.83 | ---- | 0.33 | 0.02 | -0.32 | ||
2047 | 17.07 | 13.26 | -3.81 | ---- | 0.33 | 0.02 | -0.32 | ||
2048 | 17.05 | 13.26 | -3.79 | ---- | 0.33 | 0.02 | -0.31 | ||
2049 | 17.03 | 13.26 | -3.77 | ---- | 0.33 | 0.02 | -0.31 | ||
2050 | 17.02 | 13.26 | -3.76 | ---- | 0.33 | 0.02 | -0.31 | ||
2051 | 17.01 | 13.26 | -3.75 | ---- | 0.33 | 0.02 | -0.31 | ||
2052 | 17.01 | 13.26 | -3.75 | ---- | 0.33 | 0.02 | -0.31 | ||
2053 | 17.02 | 13.26 | -3.76 | ---- | 0.33 | 0.02 | -0.31 | ||
2054 | 17.03 | 13.27 | -3.77 | ---- | 0.33 | 0.02 | -0.31 | ||
2055 | 17.05 | 13.27 | -3.78 | ---- | 0.33 | 0.02 | -0.31 | ||
2056 | 17.08 | 13.27 | -3.81 | ---- | 0.33 | 0.02 | -0.32 | ||
2057 | 17.10 | 13.27 | -3.82 | ---- | 0.33 | 0.02 | -0.32 | ||
2058 | 17.11 | 13.27 | -3.84 | ---- | 0.33 | 0.02 | -0.32 | ||
2059 | 17.13 | 13.28 | -3.85 | ---- | 0.33 | 0.02 | -0.32 | ||
2060 | 17.14 | 13.28 | -3.86 | ---- | 0.33 | 0.02 | -0.32 | ||
2061 | 17.15 | 13.28 | -3.87 | ---- | 0.33 | 0.02 | -0.32 | ||
2062 | 17.16 | 13.28 | -3.88 | ---- | 0.33 | 0.02 | -0.32 | ||
2063 | 17.17 | 13.28 | -3.89 | ---- | 0.34 | 0.02 | -0.32 | ||
2064 | 17.19 | 13.28 | -3.90 | ---- | 0.34 | 0.02 | -0.32 | ||
2065 | 17.20 | 13.28 | -3.92 | ---- | 0.34 | 0.02 | -0.32 | ||
2066 | 17.23 | 13.28 | -3.94 | ---- | 0.34 | 0.02 | -0.32 | ||
2067 | 17.25 | 13.29 | -3.96 | ---- | 0.34 | 0.02 | -0.32 | ||
2068 | 17.28 | 13.29 | -3.99 | ---- | 0.34 | 0.02 | -0.32 | ||
2069 | 17.31 | 13.29 | -4.02 | ---- | 0.34 | 0.02 | -0.32 | ||
2070 | 17.34 | 13.29 | -4.05 | ---- | 0.34 | 0.02 | -0.32 | ||
2071 | 17.37 | 13.29 | -4.08 | ---- | 0.34 | 0.02 | -0.32 | ||
2072 | 17.41 | 13.30 | -4.11 | ---- | 0.34 | 0.02 | -0.32 | ||
2073 | 17.45 | 13.30 | -4.15 | ---- | 0.34 | 0.02 | -0.32 | ||
2074 | 17.48 | 13.30 | -4.18 | ---- | 0.34 | 0.02 | -0.32 | ||
2075 | 17.52 | 13.30 | -4.22 | ---- | 0.34 | 0.02 | -0.32 | ||
2076 | 17.56 | 13.31 | -4.25 | ---- | 0.34 | 0.02 | -0.32 | ||
2077 | 17.59 | 13.31 | -4.28 | ---- | 0.34 | 0.02 | -0.33 | ||
2078 | 17.63 | 13.31 | -4.32 | ---- | 0.34 | 0.02 | -0.33 | ||
2079 | 17.67 | 13.31 | -4.35 | ---- | 0.35 | 0.02 | -0.33 | ||
2080 | 17.71 | 13.32 | -4.39 | ---- | 0.35 | 0.02 | -0.33 | ||
2081 | 17.75 | 13.32 | -4.43 | ---- | 0.35 | 0.02 | -0.33 | ||
2082 | 17.79 | 13.32 | -4.46 | ---- | 0.35 | 0.02 | -0.33 | ||
2083 | 17.83 | 13.32 | -4.50 | ---- | 0.35 | 0.02 | -0.33 | ||
2084 | 17.87 | 13.33 | -4.54 | ---- | 0.35 | 0.02 | -0.33 | ||
2085 | 17.91 | 13.33 | -4.58 | ---- | 0.35 | 0.02 | -0.33 | ||
2086 | 17.94 | 13.33 | -4.61 | ---- | 0.35 | 0.02 | -0.33 |
  | 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 | 16.57% | 14.04% | -2.53% | 2034 | 0.32% | 0.02% | -0.30% | ||
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1 Under present law, the year of exhaustion
is 2036. |
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