Annual Statistical Supplement, 2018

Old-Age, Survivors, and Disability Insurance

Trust Funds

Table 4.A1 Old-Age and Survivors Insurance, 1937–2017 (in millions of dollars)
Year Receipts a Expenditures Assets
Total Net payroll tax contributions b Income from taxation of benefits Reimbursements from the general fund of the Treasury c Net interest d Total Benefit payments e Administrative expenses Transfers to Railroad Retirement program Net increase during year Amount at end of year
1937 767 765 . . . . . . 2 1 1 . . . . . . 766 766
1938 375 360 . . . . . . 15 10 10 . . . . . . 366 1,132
1939 607 580 . . . . . . 27 14 14 . . . . . . 592 1,724
1940 368 325 . . . . . . 43 62 35 26 . . . 306 2,031
1941 845 789 . . . . . . 56 114 88 26 . . . 731 2,762
1942 1,085 1,012 . . . . . . 72 159 131 28 . . . 926 3,688
1943 1,328 1,239 . . . . . . 88 195 166 29 . . . 1,132 4,820
1944 1,422 1,316 . . . . . . 107 238 209 29 . . . 1,184 6,005
1945 1,420 1,285 . . . . . . 134 304 274 30 . . . 1,116 7,121
1946 1,447 1,295 . . . . . . 152 418 378 40 . . . 1,029 8,150
1947 1,722 1,557 . . . 1 164 512 466 46 . . . 1,210 9,360
1958 1,969 1,685 . . . 3 281 607 556 51 . . . 1,362 10,722
1949 1,816 1,666 . . . 4 146 721 667 54 . . . 1,094 11,816
1950 2,928 2,667 . . . 4 257 1,022 961 61 . . . 1,905 13,721
1951 3,784 3,363 . . . 4 417 1,966 1,885 81 . . . 1,818 15,540
1952 4,184 3,819 . . . . . . 365 2,282 2,194 88 . . . 1,902 17,442
1953 4,359 3,945 . . . . . . 414 3,094 3,006 88 . . . 1,265 18,707
1954 5,610 5,163 . . . . . . 447 3,741 3,670 92 -21 1,869 20,576
1955 6,167 5,713 . . . . . . 454 5,079 4,968 119 -7 1,087 21,663
1956 6,697 6,172 . . . . . . 526 5,841 5,715 132 -5 856 22,519
1957 7,381 6,825 . . . . . . 556 7,507 7,347 162 -2 -126 22,393
1958 8,117 7,566 . . . . . . 552 8,646 8,327 194 124 -528 21,864
1959 8,584 8,052 . . . . . . 532 10,308 9,842 184 282 -1,724 20,141
1960 11,382 10,866 . . . . . . 516 11,198 10,677 203 318 184 20,324
1961 11,833 11,285 . . . . . . 548 12,432 11,862 239 332 -599 19,725
1962 12,585 12,059 . . . . . . 526 13,973 13,356 256 361 -1,388 18,337
1963 15,063 14,541 . . . . . . 521 14,920 14,217 281 423 143 18,480
1964 16,258 15,689 . . . . . . 569 15,613 14,914 296 403 645 19,125
1965 16,610 16,017 . . . . . . 593 17,501 16,737 328 436 -890 18,235
1966 21,302 20,580 . . . 78 644 18,967 18,267 256 444 2,335 20,570
1967 24,034 23,138 . . . 78 818 20,382 19,468 406 508 3,652 24,222
1968 25,040 23,719 . . . 382 939 23,557 22,643 476 438 1,483 25,704
1969 29,554 27,947 . . . 442 1,165 25,176 24,210 474 491 4,378 30,082
1970 32,220 30,256 . . . 449 1,515 29,848 28,798 471 579 2,371 32,454
1971 35,877 33,723 . . . 488 1,667 34,542 33,414 514 613 1,335 33,789
1972 40,050 37,781 . . . 475 1,794 38,522 37,124 674 724 1,528 35,318
1973 48,344 45,975 . . . 442 1,928 47,175 45,745 647 783 1,169 36,487
1974 54,688 52,081 . . . 447 2,159 53,397 51,623 865 909 1,291 37,777
1975 59,605 56,816 . . . 425 2,364 60,395 58,517 896 982 -790 36,987
1976 66,276 63,362 . . . 614 2,301 67,876 65,705 959 1,212 -1,600 35,388
1977 72,412 69,572 . . . 613 2,227 75,309 73,121 981 1,208 -2,897 32,491
1978 78,094 75,471 . . . 615 2,008 83,064 80,361 1,115 1,589 -4,971 27,520
1979 90,274 87,919 . . . 557 1,797 93,133 90,573 1,113 1,448 -2,860 24,660
1980 105,841 103,456 . . . 540 1,845 107,678 105,083 1,154 1,442 -1,837 22,823
1981 125,361 122,627 . . . 675 2,060 126,695 123,803 1,307 1,585 -1,334 21,490
1982 125,198 123,673 . . . 680 845 142,119 138,806 1,519 1,793 f 598 22,088
1983 150,584 138,337 . . . 5,541 6,706 152,999 149,221 1,528 2,251 -2,416 19,672
1984 169,328 159,515 2,835 4,712 2,266 161,883 157,841 1,638 2,404 7,445 27,117
1985 184,239 175,128 3,208 4,032 1,871 171,150 167,248 1,592 2,310 f 8,725 35,842
1986 197,393 189,136 3,424 1,764 3,069 181,000 176,813 1,601 2,585 f 3,239 39,081
1987 210,736 201,092 3,257 1,697 4,690 187,668 183,587 1,524 2,557 23,068 62,149
1988 240,770 227,683 3,384 2,134 7,568 200,020 195,454 1,776 2,790 40,750 102,899
1989 264,653 248,128 2,439 2,101 11,985 212,489 207,971 1,673 2,845 52,164 155,063
1990 286,653 266,110 4,848 -668 16,363 227,519 222,987 1,563 2,969 59,134 214,197
1991 299,286 272,477 5,864 115 20,829 245,634 240,467 1,792 3,375 53,652 267,849
1992 311,162 281,132 5,852 -126 24,303 259,861 254,883 1,830 3,148 51,301 319,150
1993 323,277 290,865 5,335 50 27,027 273,104 267,755 1,996 3,353 50,173 369,322
1994 328,271 293,316 4,995 13 29,946 284,133 279,068 1,645 3,420 44,138 413,460
1995 342,801 304,659 5,490 -168 32,820 297,760 291,630 2,077 4,052 45,041 458,502
1996 363,741 321,555 6,471 9 35,706 308,217 302,861 1,802 3,554 55,524 514,026
1997 397,169 349,945 7,426 3 39,795 322,073 316,257 2,128 3,688 75,096 589,121
1998 424,848 371,206 9,149 2 44,491 332,324 326,762 1,899 3,662 92,524 681,645
1999 457,040 396,352 10,899 1 49,789 339,874 334,383 1,809 3,681 117,167 798,812
2000 490,513 421,390 11,594 1 57,529 358,339 352,652 2,149 3,538 132,174 930,986
2001 518,100 441,458 11,903 1 64,737 377,546 372,312 1,961 3,273 140,554 1,071,540
2002 539,706 455,198 12,909 415 71,184 393,749 388,119 2,137 3,493 145,957 1,217,497
2003 543,811 456,077 12,497 g 75,237 405,978 399,845 2,553 3,580 137,833 1,355,330
2004 566,338 472,758 14,593 1 78,986 421,047 415,034 2,384 3,628 145,292 1,500,622
2005 604,335 506,862 13,843 -350 83,979 441,920 435,383 2,957 3,579 162,415 1,663,037
2006 642,231 534,786 15,628 g 91,817 460,965 454,496 3,010 3,458 181,266 1,844,304
2007 675,035 560,877 17,192 g 96,966 495,723 489,074 3,075 3,575 179,312 2,023,616
2008 695,462 574,555 15,566 g 105,340 516,192 509,337 3,223 3,632 179,270 2,202,886
2009 698,208 570,392 19,930 g 107,886 564,295 557,166 3,439 3,690 133,912 2,336,798
2010 677,111 544,773 22,090 2,042 108,206 584,866 577,393 3,543 3,930 92,245 2,429,043
2011 698,781 482,350 22,211 87,753 106,468 603,750 596,155 3,486 4,110 95,031 2,524,075
2012 731,075 503,893 26,675 97,735 102,773 645,482 637,894 3,448 4,139 85,593 2,609,668
2013 743,793 620,814 20,694 4,169 98,114 679,475 672,129 3,397 3,948 64,317 2,673,985
2014 769,417 646,232 27,957 395 94,833 714,170 706,780 3,133 4,257 55,247 2,729,233
2015 801,561 679,503 30,554 278 91,227 750,542 742,908 3,376 4,258 51,019 2,780,251
2016 797,457 678,787 31,623 87 86,960 776,359 768,603 3,469 4,287 21,097 2,801,349
2017 825,630 706,505 35,877 17 83,231 806,669 798,692 3,661 4,316 18,961 2,820,309
SOURCE: Department of the Treasury.
NOTES: Totals do not necessarily equal the sum of rounded components.
. . . = not applicable.
a. The definitions of the categories "net payroll tax contributions" and "reimbursements from the general fund of the Treasury" were revised in 2011. Data in these two columns for 1984 and later may vary from those in prior editions, but total receipts are unchanged.
b. Beginning in 1983, includes transfers from the general fund of the Treasury representing contributions that would have been paid on deemed wage credits for military service in 1957–2001, if such credits were considered to be covered wages.
c. Includes payments (1) in 1947–1951 and in 1966 and later, for costs of noncontributory wage credits for military service performed before 1957; (2) in 1971–1982, for costs of deemed wage credits for military service performed after 1956; (3) in 1968 and later, for costs of benefits to certain uninsured persons who attained age 72 before 1968; (4) in 1984 for employees, and in 1984–1989 for self-employed persons, for payroll tax credits provided under Public Law 98-21; and (5) in 2010–2012, for payroll tax revenue forgone under the provisions of Public Laws 111-147, 111-312, 112-78, and 112-96.
d. Includes net profits or losses on marketable securities; interest adjustments on amounts reimbursed from, or paid to, other trust funds or the general fund of the Treasury; and relatively small amounts of gifts to the fund.
e. Beginning in 1966, includes payments for vocational rehabilitation services furnished to disabled persons receiving benefits because of their disabilities. Beginning in 1983, amounts are reduced by amount of reimbursement for unnegotiated benefit checks.
f. The fund borrowed from the Disability Insurance and Hospital Insurance Trust Funds in 1982, and repaid the borrowed amounts in 1985 and 1986. Amounts for these years are equal to total receipts less total expenditures, plus amounts borrowed or less amounts repaid.
g. Between -$500,000 and $500,000.
CONTACT: (410) 965-3000 or actuary@ssa.gov.
Table 4.A2 Disability Insurance, 1957–2017 (in millions of dollars)
Year Receipts a Expenditures Assets
Total Net payroll tax contributions b Income from taxation of benefits Reimbursements from the general fund of the Treasury c Net interest d Total Benefit payments e Administrative expenses Transfers to Railroad Retirement program Net increase during year Amount at end of year
1957 709 702 . . . . . . 7 59 57 3 . . . 649 649
1958 991 966 . . . . . . 25 261 249 12 . . . 729 1,379
1959 931 891 . . . . . . 40 485 457 50 -22 447 1,825
1960 1,063 1,010 . . . . . . 53 600 568 36 -5 464 2,289
1961 1,104 1,038 . . . . . . 66 956 887 64 5 148 2,437
1962 1,114 1,046 . . . . . . 68 1,183 1,105 66 11 -69 2,368
1963 1,165 1,099 . . . . . . 66 1,297 1,210 68 20 -133 2,235
1964 1,218 1,154 . . . . . . 64 1,407 1,309 79 19 -188 2,047
1965 1,247 1,188 . . . . . . 59 1,687 1,573 90 24 -440 1,606
1966 2,079 2,006 . . . 16 58 1,947 1,784 137 25 133 1,739
1967 2,379 2,286 . . . 16 78 2,089 1,950 109 31 290 2,029
1968 3,454 3,316 . . . 32 106 2,458 2,311 127 20 996 3,025
1969 3,792 3,599 . . . 16 177 2,716 2,557 138 21 1,075 4,100
1970 4,774 4,481 . . . 16 277 3,259 3,085 164 10 1,514 5,614
1971 5,031 4,620 . . . 50 361 4,000 3,783 205 13 1,031 6,645
1972 5,572 5,107 . . . 51 414 4,759 4,502 233 24 813 7,457
1973 6,443 5,932 . . . 52 458 5,973 5,764 190 20 470 7,927
1974 7,378 6,826 . . . 52 500 7,196 6,957 217 22 182 8,109
1975 8,035 7,444 . . . 90 502 8,790 8,505 256 29 -754 7,354
1976 8,757 8,233 . . . 103 422 10,366 10,055 285 26 -1,609 5,745
1977 9,570 9,138 . . . 128 304 11,945 11,547 399 -1 -2,375 3,370
1978 13,810 13,413 . . . 142 256 12,954 12,599 325 30 856 4,226
1979 15,590 15,114 . . . 118 358 14,186 13,786 371 30 1,404 5,630
1980 13,871 13,255 . . . 130 485 15,872 15,515 368 -12 -2,001 3,629
1981 17,078 16,738 . . . 168 172 17,658 17,192 436 29 -580 3,049
1982 22,715 21,995 . . . 174 546 17,992 17,376 590 26 f -358 2,691
1983 20,682 17,991 . . . 1,121 1,569 18,177 17,524 625 28 2,505 5,195
1984 17,309 15,503 190 441 1,174 18,546 17,898 626 22 -1,237 3,959
1985 19,301 17,014 222 1,195 870 19,478 18,827 608 43 f 2,363 6,321
1986 19,439 18,247 238 152 803 20,522 19,853 600 68 f 1,459 7,780
1987 20,303 19,538 -36 153 648 21,425 20,519 849 57 -1,122 6,658
1988 22,699 21,837 61 202 600 22,494 21,695 737 61 206 6,864
1989 24,795 23,797 95 196 707 23,753 22,911 754 88 1,041 7,905
1990 28,791 28,403 144 -639 883 25,616 24,829 707 80 3,174 11,079
1991 30,390 29,128 190 9 1,063 28,571 27,695 794 82 1,819 12,898
1992 31,430 30,148 232 -12 1,062 32,004 31,112 834 58 -574 12,324
1993 32,301 31,182 281 4 835 35,662 34,613 966 83 -3,361 8,963
1994 52,841 51,372 311 1 1,157 38,879 37,744 1,029 106 13,962 22,925
1995 56,696 54,404 341 -207 2,158 42,055 40,923 1,064 68 14,641 37,566
1996 60,710 57,325 373 g 3,012 45,351 44,189 1,160 2 15,359 52,924
1997 60,499 56,037 470 g 3,992 47,034 45,695 1,280 59 13,465 66,389
1998 64,357 58,966 558 g 4,832 49,931 48,207 1,567 157 14,425 80,815
1999 69,541 63,203 661 g 5,677 53,035 51,381 1,519 135 16,507 97,321
2000 77,920 71,093 721 -836 6,942 56,782 54,983 1,639 159 21,138 118,459
2001 83,903 74,933 811 g 8,158 61,369 59,618 1,741 10 22,534 140,993
2002 87,379 77,272 930 g 9,178 67,905 65,702 2,049 154 19,475 160,468
2003 88,074 77,442 944 g 9,689 73,108 70,933 2,008 167 14,966 175,434
2004 91,380 80,281 1,111 g 9,988 80,597 78,229 2,152 215 10,783 186,217
2005 97,423 86,077 1,073 g 10,273 88,018 85,365 2,315 338 9,405 195,623
2006 102,641 90,808 1,230 g 10,603 94,456 91,741 2,326 388 8,185 203,808
2007 109,854 95,243 1,393 8 13,210 98,778 95,865 2,468 445 11,076 214,884
2008 109,840 97,566 1,313 g 10,961 108,951 106,007 2,526 418 889 215,773
2009 109,283 96,865 1,955 g 10,463 121,506 118,315 2,743 448 -12,223 203,550
2010 104,017 92,511 1,852 363 9,292 127,660 124,216 2,982 462 -23,643 179,907
2011 106,276 81,881 1,581 14,927 7,887 132,332 128,948 2,920 465 -26,056 153,850
2012 109,115 85,615 583 16,546 6,371 140,299 136,897 2,890 512 -31,184 122,666
2013 111,228 105,402 391 729 4,706 143,450 140,130 2,769 551 -32,221 90,445
2014 114,858 109,737 1,680 71 3,371 145,060 141,683 2,933 444 -30,201 60,244
2015 118,595 115,389 1,071 47 2,088 146,581 143,370 2,792 419 -27,985 32,259
2016 159,996 157,391 1,194 15 1,396 145,917 142,781 2,760 376 14,079 46,338
2017 170,951 167,087 1,973 3 1,888 145,809 142,806 2,796 207 25,142 71,480
SOURCE: Department of the Treasury.
NOTES: Totals do not necessarily equal the sum of rounded components.
. . . = not applicable.
a. The definitions of the categories "net payroll tax contributions" and "reimbursements from the general fund of the Treasury" were revised in 2011. Data in these two columns for 1984 and later may vary from those in prior editions, but total receipts are unchanged.
b. Beginning in 1983, includes transfers from the general fund of the Treasury representing contributions that would have been paid on deemed wage credits for military service in 1957–2001, if such credits were considered to be covered wages.
c. Includes payments (1) in 1966 and later, for costs of noncontributory wage credits for military service performed before 1957; (2) in 1971–1982, for costs of deemed wage credits for military service performed after 1956; (3) in 1968 and later, for costs of benefits to certain uninsured persons who attained age 72 before 1968; (4) in 1984 for employees, and in 1984–1989 for self-employed persons, for payroll tax credits provided under Public Law 98-21; and (5) in 2010–2012, for payroll tax revenue forgone under the provisions of Public Laws 111-147, 111-312, 112-78, and 112-96.
d. Includes net profits or losses on marketable securities; interest adjustments on amounts reimbursed from, or paid to, other trust funds or the general fund of the Treasury; and relatively small amounts of gifts to the fund.
e. Beginning in 1966, includes payments for vocational rehabilitation services furnished to disabled persons receiving benefits because of their disabilities. Beginning in 1983, amounts are reduced by amount of reimbursement for unnegotiated benefit checks.
f. The Old-Age and Survivors Insurance Trust Fund borrowed from the Disability Insurance and Hospital Insurance Trust Funds in 1982, and repaid the borrowed amounts in 1985 and 1986. Amounts for these years are equal to total receipts less total expenditures, plus amounts borrowed or less amounts repaid.
g. Between -$500,000 and $500,000.
CONTACT: (410) 965-3000 or actuary@ssa.gov.
Table 4.A3 Combined OASI and DI, 1957–2017 (in millions of dollars)
Year Receipts a Expenditures Assets
Total Net payroll tax contributions b Income from taxation of benefits Reimbursements from the general fund of the Treasury c Net interest d Total Benefit payments e Administrative expenses Transfers to Railroad Retirement program Net increase during year Amount at end of year
1957 8,090 7,527 . . . . . . 563 7,567 7,404 164 -2 523 23,042
1958 9,108 8,531 . . . . . . 577 8,907 8,576 207 124 201 23,243
1959 9,516 8,943 . . . . . . 572 10,793 10,298 234 260 -1,277 21,966
1960 12,445 11,876 . . . . . . 569 11,798 11,245 240 314 647 22,613
1961 12,937 12,323 . . . . . . 614 13,388 12,749 303 337 -451 22,162
1962 13,699 13,105 . . . . . . 594 15,156 14,461 322 372 -1,457 20,705
1963 16,227 15,640 . . . . . . 587 16,217 15,427 348 442 10 20,715
1964 17,476 16,843 . . . . . . 633 17,020 16,223 375 422 456 21,172
1965 17,857 17,205 . . . . . . 651 19,187 18,311 418 459 -1,331 19,841
1966 23,381 22,585 . . . 94 702 20,913 20,051 393 469 2,467 22,308
1967 26,413 25,424 . . . 94 896 22,471 21,417 515 539 3,942 26,250
1968 28,493 27,034 . . . 414 1,045 26,015 24,954 603 458 2,479 28,729
1969 33,346 31,546 . . . 458 1,342 27,892 26,767 612 513 5,453 34,182
1970 36,993 34,737 . . . 465 1,791 33,108 31,884 635 589 3,886 38,068
1971 40,908 38,343 . . . 538 2,027 38,542 37,197 719 626 2,366 40,434
1972 45,622 42,888 . . . 526 2,208 43,281 41,625 907 749 2,341 42,775
1973 54,787 51,907 . . . 494 2,386 53,148 51,508 837 802 1,639 44,414
1974 62,066 58,907 . . . 499 2,660 60,593 58,581 1,082 931 1,472 45,886
1975 67,640 64,259 . . . 515 2,866 69,184 67,022 1,152 1,010 -1,544 44,342
1976 75,034 71,595 . . . 717 2,722 78,242 75,759 1,244 1,239 -3,209 41,133
1977 81,982 78,710 . . . 741 2,531 87,254 84,667 1,379 1,208 -5,272 35,861
1978 91,903 88,883 . . . 757 2,264 96,018 92,960 1,440 1,618 -4,115 31,746
1979 105,864 103,034 . . . 675 2,155 107,320 104,359 1,483 1,477 -1,456 30,291
1980 119,712 116,711 . . . 670 2,330 123,550 120,598 1,522 1,430 -3,838 26,453
1981 142,438 139,364 . . . 843 2,231 144,352 140,995 1,743 1,614 -1,914 24,539
1982 147,913 145,667 . . . 854 1,391 160,111 156,182 2,109 1,820 f 239 24,778
1983 171,266 156,328 . . . 6,662 8,276 171,177 166,745 2,153 2,279 89 24,867
1984 186,637 175,019 3,025 5,153 3,440 180,429 175,739 2,264 2,426 6,208 31,075
1985 203,540 192,142 3,430 5,227 2,741 190,628 186,075 2,200 2,353 f 11,088 42,163
1986 216,833 207,384 3,662 1,916 3,871 201,522 196,667 2,202 2,653 f 4,698 46,861
1987 231,039 220,630 3,221 1,850 5,338 209,093 204,106 2,373 2,614 21,946 68,807
1988 263,469 249,520 3,445 2,336 8,168 222,514 217,149 2,513 2,851 40,955 109,762
1989 289,448 271,925 2,534 2,297 12,692 236,242 230,882 2,427 2,934 53,206 162,968
1990 315,443 294,513 4,992 -1,307 17,245 253,135 247,816 2,270 3,049 62,309 225,277
1991 329,676 301,605 6,054 125 21,892 274,205 268,162 2,587 3,457 55,471 280,747
1992 342,591 311,280 6,084 -138 25,365 291,865 285,995 2,664 3,206 50,726 331,473
1993 355,578 322,046 5,616 54 27,862 308,766 302,368 2,963 3,435 46,812 378,285
1994 381,111 344,689 5,306 14 31,103 323,011 316,812 2,674 3,526 58,100 436,385
1995 399,497 359,063 5,831 -375 34,977 339,815 332,554 3,141 4,120 59,683 496,068
1996 424,451 378,880 6,844 9 38,718 353,569 347,050 2,962 3,556 70,883 566,950
1997 457,668 405,982 7,896 3 43,787 369,108 361,952 3,409 3,747 88,560 655,510
1998 489,204 430,172 9,707 2 49,323 382,255 374,969 3,467 3,819 106,950 762,460
1999 526,582 459,555 11,559 1 55,466 392,908 385,765 3,328 3,816 133,673 896,133
2000 568,433 492,484 12,314 -835 64,471 415,121 407,635 3,788 3,698 153,312 1,049,445
2001 602,003 516,392 12,715 2 72,895 438,916 431,931 3,702 3,283 163,088 1,212,533
2002 627,085 532,470 13,839 415 80,362 461,653 453,821 4,185 3,647 165,432 1,377,965
2003 631,886 533,518 13,441 1 84,926 479,086 470,778 4,562 3,747 152,799 1,530,764
2004 657,718 553,039 15,703 1 88,975 501,643 493,263 4,536 3,844 156,075 1,686,839
2005 701,758 592,940 14,916 -350 94,252 529,938 520,748 5,272 3,917 171,821 1,858,660
2006 744,873 625,594 16,858 g 102,420 555,421 546,238 5,337 3,846 189,452 2,048,112
2007 784,889 656,120 18,585 8 110,176 594,501 584,939 5,542 4,020 190,388 2,238,500
2008 805,302 672,122 16,879 g 116,301 625,143 615,344 5,749 4,050 180,159 2,418,658
2009 807,490 667,257 21,884 g 118,349 685,801 675,482 6,182 4,137 121,689 2,540,348
2010 781,128 637,283 23,942 2,405 117,498 712,526 701,609 6,525 4,392 68,602 2,608,950
2011 805,057 564,231 23,792 102,680 114,355 736,083 725,103 6,405 4,574 68,975 2,677,925
2012 840,190 589,508 27,258 114,280 109,143 785,781 774,791 6,338 4,651 54,409 2,732,334
2013 855,021 726,217 21,086 4,899 102,820 822,925 812,259 6,166 4,499 32,096 2,764,431
2014 884,276 755,969 29,637 465 98,204 859,230 848,463 6,066 4,701 25,046 2,789,476
2015 920,157 794,892 31,625 325 93,314 897,123 886,278 6,169 4,677 23,034 2,812,510
2016 957,453 836,178 32,817 102 88,356 922,276 911,384 6,229 4,663 35,177 2,847,687
2017 996,581 873,592 37,850 20 85,119 952,478 941,499 6,457 4,522 44,103 2,891,789
SOURCE: Department of the Treasury.
NOTES: The DI fund was established in 1957. For trust fund data prior to 1957, see OASI data (Table 4.A1).
Totals do not necessarily equal the sum of rounded components.
DI = Disability Insurance; OASI = Old-Age and Survivors Insurance; . . . = not applicable.
a. The definitions of the categories "net payroll tax contributions" and "reimbursements from the general fund of the Treasury" were revised in 2011. Data in these two columns for 1984 and later may vary from those in prior editions, but total receipts are unchanged.
b. Beginning in 1983, includes transfers from the general fund of the Treasury representing contributions that would have been paid on deemed wage credits for military service in 1957–2001, if such credits were considered to be covered wages.
c. Includes payments (1) in 1966 and later, for costs of noncontributory wage credits for military service performed before 1957; (2) in 1971–1982, for costs of deemed wage credits for military service performed after 1956; (3) in 1968 and later, for costs of benefits to certain uninsured persons who attained age 72 before 1968; (4) in 1984 for employees, and in 1984–1989 for self-employed persons, for payroll tax credits provided under Public Law 98-21; and (5) in 2010–2012, for payroll tax revenue forgone under the provisions of Public Laws 111-147, 111-312, 112-78, and 112-96.
d. Includes net profits or losses on marketable securities; interest adjustments on amounts reimbursed from, or paid to, other trust funds or the general fund of the Treasury; and relatively small amounts of gifts to the fund.
e. Beginning in 1966, includes payments for vocational rehabilitation services furnished to disabled persons receiving benefits because of their disabilities. Beginning in 1983, amounts are reduced by amount of reimbursement for unnegotiated benefit checks.
f. The OASI Trust Fund borrowed from the DI and Hospital Insurance Trust Funds in 1982, and repaid the borrowed amounts in 1985 and 1986. Amounts for these years are equal to total receipts less total expenditures, plus amounts borrowed or less amounts repaid.
g. Between -$500,000 and $500,000.
CONTACT: (410) 965-3000 or actuary@ssa.gov.
Table 4.A4 Total annual benefits paid, by type of benefit and trust fund, and as a percentage of personal income, 1937–2017 (in millions of dollars)
Year Total benefits Cash benefits a Service benefits Rehabilitation services d Personal income e Total benefits as a percentage of personal income
Old-Age and Survivors Insurance b Disability Insurance Hospital Insurance Supplementary Medical Insurance (SMI) c Old-Age and Survivors Insurance Disability Insurance
1937 1 1 . . . . . . . . . . . . . . . 74,699 (L)
1938 10 10 . . . . . . . . . . . . . . . 69,082 (L)
1939 14 14 . . . . . . . . . . . . . . . 73,626 (L)
1940 35 35 . . . . . . . . . . . . . . . 79,400 (L)
1941 88 88 . . . . . . . . . . . . . . . 97,870 0.1
1942 131 131 . . . . . . . . . . . . . . . 126,713 0.1
1943 166 166 . . . . . . . . . . . . . . . 156,177 0.1
1944 209 209 . . . . . . . . . . . . . . . 169,709 0.1
1945 274 274 . . . . . . . . . . . . . . . 175,778 0.2
1946 378 378 . . . . . . . . . . . . . . . 182,668 0.2
1947 466 466 . . . . . . . . . . . . . . . 194,616 0.2
1948 556 556 . . . . . . . . . . . . . . . 213,661 0.3
1949 667 667 . . . . . . . . . . . . . . . 211,244 0.3
1950 961 961 . . . . . . . . . . . . . . . 233,904 0.4
1951 1,885 1,885 . . . . . . . . . . . . . . . 264,455 0.7
1952 2,194 2,194 . . . . . . . . . . . . . . . 282,655 0.8
1953 3,006 3,006 . . . . . . . . . . . . . . . 299,565 1.0
1954 3,670 3,670 . . . . . . . . . . . . . . . 302,592 1.2
1955 4,968 4,968 . . . . . . . . . . . . . . . 324,583 1.5
1956 5,715 5,715 . . . . . . . . . . . . . . . 348,411 1.6
1957 7,404 7,347 57 . . . . . . . . . . . . 368,486 2.0
1958 8,576 8,327 249 . . . . . . . . . . . . 379,474 2.3
1959 10,298 9,842 457 . . . . . . . . . . . . 403,193 2.6
1960 11,245 10,677 568 . . . . . . . . . . . . 422,532 2.7
1961 12,749 11,862 887 . . . . . . . . . . . . 441,082 2.9
1962 14,461 13,356 1,105 . . . . . . . . . . . . 469,087 3.1
1963 15,427 14,217 1,210 . . . . . . . . . . . . 492,839 3.1
1964 16,223 14,914 1,309 . . . . . . . . . . . . 528,356 3.1
1965 18,311 16,737 1,573 . . . . . . . . . . . . 570,847 3.2
1966 21,070 18,267 1,781 891 128 f 3 620,572 3.4
1967 25,967 19,468 1,939 3,353 1,197 f 11 665,748 3.9
1968 30,651 22,642 2,294 4,179 1,518 1 16 730,743 4.2
1969 33,371 24,209 2,542 4,739 1,865 1 15 800,258 4.2
1970 38,982 28,796 3,067 5,124 1,975 2 18 864,598 4.5
1971 45,065 33,413 3,758 5,751 2,117 2 24 932,137 4.8
1972 50,269 37,122 4,473 6,318 2,325 2 29 1,023,574 4.9
1973 61,091 45,741 5,718 7,057 2,526 3 46 1,138,525 5.4
1974 70,996 51,618 6,903 9,099 3,318 5 54 1,249,341 5.7
1975 82,611 58,509 8,414 11,315 4,273 9 91 1,366,884 6.0
1976 94,180 65,699 9,966 13,340 5,080 6 89 1,498,451 6.3
1977 106,443 73,113 11,463 15,737 6,038 8 84 1,654,571 6.4
1978 117,894 80,352 12,513 17,682 7,252 9 86 1,859,721 6.3
1979 133,691 90,556 13,708 20,623 8,708 18 78 2,078,195 6.4
1980 156,298 105,074 15,437 25,064 10,635 8 78 2,317,464 6.7
1981 184,450 123,795 17,199 30,342 13,113 8 -8 2,596,506 7.1
1982 207,268 138,800 17,338 35,631 15,455 6 38 2,779,472 7.5
1983 224,524 149,502 17,530 39,337 18,106 6 42 2,970,275 7.6
1984 238,682 157,862 17,900 43,257 19,661 f 1 3,281,770 7.3
1985 256,723 167,360 18,836 47,580 22,947 f f 3,516,329 7.3
1986 272,698 176,845 19,847 49,758 26,239 . . . 9 3,725,688 7.3
1987 284,487 183,644 20,512 49,496 30,820 . . . 16 3,955,860 7.2
1988 303,717 195,522 21,692 52,517 33,970 . . . 16 4,276,349 7.1
1989 329,193 207,977 22,873 60,011 38,294 . . . 38 4,619,874 7.1
1990 356,536 222,993 24,803 66,239 42,468 . . . 32 4,906,423 7.3
1991 386,912 240,436 27,662 71,549 47,229 . . . 36 5,073,390 7.6
1992 419,325 254,939 31,091 83,895 49,367 . . . 33 5,413,049 7.8
1993 449,896 267,804 34,598 93,487 53,979 . . . 28 5,648,990 8.0
1994 478,775 279,118 37,717 103,282 58,618 . . . 40 5,937,283 8.1
1995 513,959 291,682 40,898 116,368 64,972 . . . 39 6,280,973 8.2
1996 544,350 302,914 44,174 128,632 68,598 . . . 31 6,667,027 8.2
1997 572,542 316,311 45,659 137,762 72,757 . . . 53 7,080,668 8.1
1998 585,156 326,817 48,173 133,990 76,125 . . . 51 7,593,685 7.7
1999 595,326 334,437 51,331 128,766 80,724 . . . 68 7,988,413 7.5
2000 625,060 352,706 54,938 128,458 88,893 . . . 63 8,637,061 7.2
2001 672,853 372,370 59,577 141,183 99,663 . . . 60 8,991,584 7.5
2002 714,804 388,170 65,645 149,944 110,969 . . . 75 9,153,855 7.8
2003 746,756 399,892 70,906 152,084 123,825 3 47 9,491,109 7.9
2004 796,075 415,082 78,202 167,554 135,185 3 49 10,052,896 7.9
2005 850,717 435,373 85,394 180,013 149,888 58 -9 10,614,037 8.0
2006 955,067 460,457 92,384 188,989 213,172 4 61 11,393,944 8.4
2007 1,010,452 485,881 99,086 200,151 225,271 2 61 12,000,178 8.4
2008 1,077,065 509,056 106,301 232,299 229,330 4 75 12,502,228 8.6
2009 1,177,916 557,160 118,329 239,260 263,085 3 79 12,094,789 9.7
2010 1,217,587 577,448 124,191 244,463 271,429 2 54 12,477,120 9.8
2011 1,266,616 596,212 128,935 252,944 288,480 1 44 13,254,522 9.6
2012 1,340,778 637,948 136,878 262,895 303,008 1 48 13,915,118 9.6
2013 1,387,333 672,175 140,071 261,906 313,094 3 84 14,073,672 9.9
2014 1,453,018 706,821 141,622 264,852 339,637 2 83 14,818,247 9.8
2015 1,524,829 742,939 143,282 273,423 365,076 2 107 15,552,968 9.8
2016 1,580,923 768,633 142,703 280,512 388,974 4 97 15,928,727 9.9
2017 1,643,643 798,722 142,740 293,349 408,740 6 86 16,427,257 10.0
SOURCES: Department of the Treasury; Centers for Medicare & Medicaid Services; and Bureau of Economic Analysis.
NOTES: Totals do not necessarily equal the sum of rounded components.
. . . = not applicable; (L) = less than 0.05 percent.
a. The amounts of benefits paid generally do not reflect occasional adjustments such as reimbursements for uncashed checks, reimbursements to correct earlier accounting errors, and interfund transfers to correct earlier allocation errors.
b. For 1937–1939, refunds and lump-sum death payments under the Social Security Act of 1935.
c. Beginning with 2006, SMI amounts include both Part B and estimated Part D payments.
d. Vocational rehabilitation services to disabled workers and disabled children under the 1965 Amendments to the Social Security Act and to disabled widow(er)s under the 1967 Amendments to the Social Security Act.
e. Figures are subject to revision.
f. Between -$500,000 and $500,000.
CONTACT: (410) 965-3000 or actuary@ssa.gov.
Table 4.A5 Total annual benefits paid from OASI trust fund, by type of benefit, selected years 1937–2017 (in millions of dollars)
Year Total Retired-worker and dependents benefits Survivors benefits Special age-72 beneficiaries Lump-sum death payments
Retired workers Wives and husbands Children Children Widowed mothers and fathers Widow(er)s a Parents
1937 1 . . . . . . . . . . . . . . . . . . . . . . . . 1
1938 10 . . . . . . . . . . . . . . . . . . . . . . . . 10
1939 14 . . . . . . . . . . . . . . . . . . . . . . . . 14
1940 35 15 2 b 3 2 b b . . . 9
1945 274 126 21 2 52 27 20 1 . . . 26
1950 961 557 88 6 135 49 89 3 . . . 33
1955 4,968 3,253 466 29 532 163 396 16 . . . 113
1956 5,715 3,793 536 33 581 177 469 17 . . . 109
1957 7,347 4,888 756 43 651 198 653 19 . . . 139
1958 8,327 5,567 851 56 720 223 757 20 . . . 133
1959 9,842 6,548 982 77 855 263 921 25 . . . 171
1960 10,677 7,053 1,051 92 945 286 1,057 28 . . . 164
1961 11,862 7,802 1,124 106 1,080 316 1,232 31 . . . 171
1962 13,356 8,813 1,216 134 1,171 336 1,470 34 . . . 183
1963 14,217 9,391 1,258 146 1,222 348 1,612 34 . . . 206
1964 14,914 9,854 1,277 150 1,275 354 1,754 33 . . . 216
1965 16,737 10,984 1,383 175 1,515 388 2,041 35 . . . 217
1966 18,267 11,727 1,429 216 1,812 415 2,351 35 44 237
1967 19,468 12,372 1,456 221 1,855 420 2,545 34 313 252
1968 22,642 14,278 1,673 253 2,207 478 3,117 37 330 269
1969 24,209 15,385 1,750 260 2,322 490 3,371 36 303 291
1970 28,796 18,438 2,029 303 2,760 574 4,055 39 305 294
1971 33,413 21,544 2,323 352 3,168 630 4,763 41 285 306
1972 37,122 24,143 2,532 382 3,433 679 5,326 43 263 320
1973 45,741 29,336 3,000 457 4,002 801 7,505 48 264 329
1974 51,618 33,369 3,309 533 4,399 898 8,497 49 237 327
1975 58,509 38,079 3,719 634 4,888 1,009 9,597 50 196 337
1976 65,699 43,083 4,117 736 5,336 1,113 10,757 51 174 332
1977 73,113 48,186 4,559 830 5,759 1,191 12,068 52 157 312
1978 80,352 53,255 4,983 921 6,093 1,284 13,278 51 142 344
1979 90,556 60,379 5,554 1,014 6,608 1,409 15,071 52 128 340
1980 105,074 70,358 6,405 1,142 7,389 1,572 17,638 55 119 394
1981 123,795 83,614 7,543 1,321 8,307 1,760 20,749 58 110 332
1982 138,800 95,123 8,539 1,223 8,204 1,861 23,488 59 100 203
1983 149,502 103,578 9,328 1,143 7,911 1,771 25,425 56 85 205
1984 157,862 109,957 9,860 1,135 7,775 1,474 27,325 53 71 212
1985 167,360 116,823 10,517 1,140 7,762 1,474 29,330 51 57 207
1986 176,845 123,584 11,152 1,166 7,843 1,457 31,345 48 47 203
1987 183,644 128,513 11,598 1,183 7,846 1,388 32,833 44 36 203
1988 195,522 136,987 12,292 1,219 8,120 1,392 35,233 43 29 208
1989 207,977 146,027 13,054 1,249 8,254 1,401 37,723 41 21 206
1990 222,993 156,756 13,953 1,316 8,564 1,437 40,705 39 16 206
1991 240,436 169,142 14,986 1,405 9,022 1,490 44,139 38 12 202
1992 254,939 179,372 15,810 1,494 9,431 1,521 47,060 37 9 206
1993 267,804 188,440 16,356 1,563 9,897 1,547 49,746 36 6 214
1994 279,118 196,400 16,854 1,637 10,293 1,551 52,124 34 4 220
1995 291,682 205,315 17,348 1,715 10,717 1,573 54,761 32 3 218
1996 302,914 213,423 17,715 1,799 11,217 1,486 57,025 31 1 218
1997 316,311 223,554 18,154 1,882 11,660 1,466 59,349 30 1 216
1998 326,817 232,324 18,395 1,940 11,936 1,435 60,540 29 b 218
1999 334,437 238,478 18,415 1,992 12,125 1,415 61,769 27 b 216
2000 352,706 253,542 18,969 2,133 12,532 1,406 63,884 26 b 214
2001 372,370 268,976 19,491 2,332 13,134 1,441 66,758 26 b 212
2002 388,170 281,624 19,884 2,475 13,690 1,476 68,782 25 b 213
2003 399,892 291,518 19,951 2,583 14,072 1,486 70,052 24 b 206
2004 415,082 304,261 20,164 2,714 14,538 1,515 71,660 24 b 205
2005 435,373 321,706 20,500 2,888 15,103 1,535 73,411 24 b 206
2006 460,457 342,865 21,005 3,082 15,814 1,562 75,900 24 b 204
2007 485,881 364,278 21,571 3,274 16,486 1,573 78,472 24 b 203
2008 509,056 383,999 22,022 3,482 17,041 1,592 80,692 23 b 205
2009 557,160 424,044 23,613 3,922 18,071 1,647 85,639 23 b 201
2010 577,448 443,390 24,001 4,114 18,024 1,645 86,048 23 b 203
2011 596,212 461,234 24,176 4,288 18,100 1,647 86,541 22 b 204
2012 637,948 497,471 25,348 4,583 18,752 1,676 89,896 22 0 200
2013 672,175 528,862 26,300 4,780 18,923 1,660 91,427 22 0 201
2014 706,821 560,120 27,484 4,974 19,192 1,638 93,192 21 0 199
2015 742,939 592,423 28,760 5,195 19,597 1,618 95,116 21 0 209
2016 768,633 616,003 29,895 5,382 19,805 1,568 95,755 21 0 204
2017 798,722 644,181 30,493 5,559 20,048 1,529 96,682 20 0 210
SOURCE: Social Security Administration, Master Beneficiary Record, 100 percent data.
NOTES: Amounts by type of benefit are estimated. The amounts of benefits paid generally do not reflect occasional adjustments such as reimbursements for uncashed checks, reimbursements to correct earlier accounting errors, and interfund transfers to correct earlier allocation errors.
Totals do not necessarily equal the sum of rounded components.
. . . = not applicable.
a. Aged widow(er)s and disabled widow(er)s.
b. Less than $500,000.
CONTACT: (410) 965-3000 or actuary@ssa.gov.
Table 4.A6 Total annual benefits paid from DI trust fund, by type of benefit, 1957–2017 (in millions of dollars)
Year Total Disabled workers Wives and husbands Children
1957 57 57 . . . . . .
1958 249 246 1 1
1959 457 390 29 38
1960 568 489 32 48
1961 887 724 54 109
1962 1,105 888 68 149
1963 1,210 965 73 172
1964 1,309 1,044 79 186
1965 1,573 1,246 95 232
1966 1,781 1,394 108 280
1967 1,939 1,519 113 307
1968 2,294 1,804 131 360
1969 2,542 2,014 139 389
1970 3,067 2,448 165 454
1971 3,758 3,028 192 539
1972 4,473 3,626 224 623
1973 5,718 4,676 281 760
1974 6,903 5,662 320 920
1975 8,414 6,908 385 1,121
1976 9,966 8,190 447 1,328
1977 11,463 9,456 505 1,503
1978 12,513 10,315 541 1,657
1979 13,708 11,333 581 1,794
1980 15,437 12,816 638 1,983
1981 17,199 14,379 684 2,136
1982 17,338 14,811 652 1,875
1983 17,530 15,196 607 1,728
1984 17,900 15,623 536 1,741
1985 18,836 16,483 545 1,809
1986 19,847 17,409 547 1,890
1987 20,512 18,053 532 1,926
1988 21,692 19,165 529 1,999
1989 22,873 20,314 523 2,036
1990 24,803 22,113 531 2,159
1991 27,662 24,738 550 2,374
1992 31,091 27,856 572 2,663
1993 34,598 30,913 572 3,112
1994 37,717 33,711 579 3,428
1995 40,898 36,610 577 3,711
1996 44,174 39,625 515 4,034
1997 45,659 41,083 479 4,098
1998 48,173 43,467 457 4,249
1999 51,331 46,459 433 4,439
2000 54,938 49,848 421 4,670
2001 59,577 54,244 416 4,917
2002 65,645 59,886 423 5,337
2003 70,906 64,811 431 5,664
2004 78,202 71,685 455 6,062
2005 85,394 78,381 483 6,531
2006 92,384 84,952 509 6,923
2007 99,086 91,314 520 7,251
2008 106,301 98,104 534 7,664
2009 118,329 109,549 586 8,194
2010 124,191 115,059 598 8,534
2011 128,935 119,563 608 8,765
2012 136,878 127,155 631 9,092
2013 140,071 130,427 615 9,028
2014 141,622 132,154 598 8,870
2015 143,282 133,945 588 8,749
2016 142,703 133,644 570 8,489
2017 142,740 133,871 551 8,318
SOURCE: Social Security Administration, Master Beneficiary Record, 100 percent data.
NOTES: Amounts by type of benefit are estimated. The amounts of benefits paid generally do not reflect occasional adjustments such as reimbursements for uncashed checks, reimbursements to correct earlier accounting errors, and interfund transfers to correct earlier allocation errors.
Totals do not necessarily equal the sum of rounded components.
DI = Disability Insurance; . . . = not applicable.
CONTACT: (410) 965-3000 or actuary@ssa.gov.