Detailed Single Year Tables

Level of Monthly Benefits	Description of Proposed Provision: Increase benefits by 20 percent for all beneficiaries as of the beginning of 2013 and for those newly eligible for benefits after the beginning of 2013.

			Financial Estimates for the OASDI Trust Fund Program

	Proposal				Change from Present Law
	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	Trust fund ratio as of January 1	Cost rate	Income rate	Annual balance
2012	13.83	12.89	-0.93	340	0.00	0.00	0.00
2013	16.71	12.94	-3.77	274	2.75	0.11	-2.65
2014	16.74	13.05	-3.70	248	2.76	0.11	-2.65
2015	16.72	13.07	-3.65	222	2.76	0.12	-2.64
2016	16.69	13.10	-3.59	197	2.75	0.12	-2.63
2017	16.66	13.14	-3.53	172	2.75	0.13	-2.62
2018	16.72	13.17	-3.55	148	2.76	0.13	-2.63
2019	16.93	13.19	-3.74	125	2.79	0.14	-2.66
2020	17.22	13.22	-4.00	101	2.84	0.14	-2.70
2021	17.55	13.25	-4.30	76	2.90	0.15	-2.75
2022	17.93	13.28	-4.66	51	2.96	0.15	-2.81
2023	18.32	13.30	-5.02	25	3.03	0.16	-2.87
2024	18.68	13.32	-5.36	----	3.09	0.16	-2.93
2025	19.03	13.34	-5.69	----	3.15	0.16	-2.98
2026	19.35	13.36	-5.99	----	3.20	0.17	-3.04
2027	19.67	13.38	-6.29	----	3.25	0.17	-3.09
2028	19.94	13.40	-6.54	----	3.30	0.17	-3.13
2029	20.17	13.41	-6.76	----	3.34	0.17	-3.17
2030	20.38	13.43	-6.95	----	3.37	0.18	-3.20
2031	20.55	13.44	-7.11	----	3.40	0.18	-3.22
2032	20.67	13.44	-7.23	----	3.42	0.18	-3.24
2033	20.77	13.45	-7.32	----	3.44	0.18	-3.26
2034	20.83	13.46	-7.37	----	3.45	0.18	-3.27
2035	20.87	13.46	-7.41	----	3.46	0.18	-3.28
2036	20.89	13.46	-7.42	----	3.46	0.18	-3.28
2037	20.90	13.47	-7.43	----	3.46	0.18	-3.28
2038	20.88	13.47	-7.41	----	3.46	0.18	-3.28
2039	20.85	13.47	-7.38	----	3.46	0.18	-3.27
2040	20.81	13.47	-7.34	----	3.45	0.18	-3.27
2041	20.76	13.46	-7.30	----	3.44	0.18	-3.26
2042	20.71	13.46	-7.25	----	3.43	0.18	-3.25
2043	20.67	13.46	-7.21	----	3.43	0.18	-3.25
2044	20.63	13.46	-7.17	----	3.42	0.18	-3.24
2045	20.60	13.46	-7.14	----	3.42	0.18	-3.23
2046	20.57	13.46	-7.11	----	3.41	0.18	-3.23
2047	20.54	13.46	-7.09	----	3.41	0.18	-3.23
2048	20.52	13.46	-7.06	----	3.40	0.18	-3.22
2049	20.50	13.46	-7.04	----	3.40	0.18	-3.22
2050	20.48	13.46	-7.02	----	3.40	0.18	-3.22
2051	20.47	13.45	-7.01	----	3.40	0.18	-3.21
2052	20.46	13.46	-7.01	----	3.40	0.18	-3.21
2053	20.47	13.46	-7.01	----	3.40	0.18	-3.22
2054	20.48	13.46	-7.02	----	3.40	0.18	-3.22
2055	20.49	13.46	-7.03	----	3.40	0.18	-3.22
2056	20.51	13.46	-7.05	----	3.40	0.18	-3.22
2057	20.53	13.46	-7.07	----	3.41	0.18	-3.23
2058	20.55	13.46	-7.08	----	3.41	0.18	-3.23
2059	20.56	13.47	-7.10	----	3.41	0.18	-3.23
2060	20.57	13.47	-7.10	----	3.42	0.18	-3.23
2061	20.58	13.47	-7.11	----	3.42	0.18	-3.23
2062	20.59	13.47	-7.12	----	3.42	0.18	-3.23
2063	20.60	13.47	-7.13	----	3.42	0.18	-3.24
2064	20.61	13.47	-7.14	----	3.42	0.18	-3.24
2065	20.63	13.47	-7.15	----	3.43	0.18	-3.24
2066	20.65	13.47	-7.17	----	3.43	0.18	-3.24
2067	20.67	13.48	-7.20	----	3.43	0.18	-3.25
2068	20.71	13.48	-7.23	----	3.44	0.18	-3.25
2069	20.74	13.48	-7.26	----	3.45	0.19	-3.26
2070	20.78	13.48	-7.29	----	3.45	0.19	-3.27
2071	20.81	13.48	-7.33	----	3.46	0.19	-3.27
2072	20.84	13.49	-7.35	----	3.46	0.19	-3.28
2073	20.87	13.49	-7.38	----	3.47	0.19	-3.28
2074	20.91	13.49	-7.42	----	3.47	0.19	-3.29
2075	20.94	13.49	-7.45	----	3.48	0.19	-3.29
2076	20.97	13.50	-7.48	----	3.48	0.19	-3.30
2077	21.00	13.50	-7.50	----	3.49	0.19	-3.30
2078	21.04	13.50	-7.54	----	3.50	0.19	-3.31
2079	21.07	13.50	-7.57	----	3.50	0.19	-3.31
2080	21.11	13.50	-7.61	----	3.51	0.19	-3.32
2081	21.16	13.51	-7.65	----	3.52	0.19	-3.33
2082	21.20	13.51	-7.69	----	3.52	0.19	-3.33
2083	21.25	13.51	-7.73	----	3.53	0.19	-3.34
2084	21.30	13.52	-7.78	----	3.54	0.19	-3.35
2085	21.34	13.52	-7.82	----	3.55	0.19	-3.36
2086	21.39	13.52	-7.87	----	3.56	0.19	-3.36
2087	21.43	13.52	-7.91	----	3.56	0.19	-3.37

				Summarized Estimates

	Proposal				Change from Present Law
Years	Cost rate	Income rate	Actuarial balance	Year of reserve depletion¹	Cost rate	Income rate	Actuarial balance

Based on Intermediate Assumptions of the 2012 Trustees Report.
2012-2086	19.96%	14.19%	-5.76%	2023	3.27%	0.17%	-3.10%

¹ Under present law, the year of Trust Fund reserve depletion is 2033.


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Detailed Single Year Tables

Description of Proposed Provision: Increase benefits by 20 percent for all beneficiaries as of the beginning of 2013 and for those newly eligible for benefits after the beginning of 2013.

Financial Estimates for the OASDI Trust Fund Program

Summarized Estimates

Description of Proposed Provision:
Increase benefits by 20 percent for all beneficiaries as of the beginning of 2013 and for those newly eligible for benefits after the beginning of 2013.