2010 OASDI Trustees Report

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C. FISCAL YEAR HISTORICAL DATA AND
PROJECTIONS THROUGH 2019
Tables VI.C1, VI.C2, and VI.C3 present detailed operations of the OASI, DI, and the combined OASI and DI Trust Funds, respectively, for fiscal year 2009, the most recent fiscal year for which complete actual information is available. These tables are similar to the calendar year operations tables in section III.A. Please see that section for a description of the various items of income and outgo.
 
Reimbursement from the general fund for costs of payments to unin-
sured persons who attained age 72 before 1968
Transfer to the DI Trust Fund to correct a trust fund allocation error made on payments to certain dually entitled disabled beneficiaries
Payment for costs of vocational rehabilitation services for disabled beneficiaries
Transfer to the Railroad Retirement “Social Security Equivalent Benefit Account”

a
Between -$0.5 and $0.5 million.

b
Includes (1) interest on transfers between the trust fund and the general fund account for the Supplemental Security Income program due to adjustments in the allocation of administrative expenses, (2) interest arising from the revised allocation of administrative expenses among the trust funds, and (3) interest on certain reimbursements to the trust fund.

c
Reimbursements for costs incurred in performing certain legislatively mandated activities not directly related to administering the OASI program.

Note: Totals do not necessarily equal the sums of rounded components.
 
Transfer from the OASI Trust Fund to correct a trust fund allocation error made on payments to certain dually entitled disabled beneficiaries

a
Includes (1) interest on transfers between the trust fund and the general fund account for the Supplemental Security Income program due to adjustments in the allocation of administrative expenses, (2) interest arising from the revised allocation of administrative expenses among the trust funds, and (3) interest on certain reimbursements to the trust fund.

b
Reimbursements for costs incurred in performing certain legislatively mandated activities not directly related to administering the DI program.

Note: Totals do not necessarily equal the sums of rounded components.
 
 
Reimbursement from the general fund for costs of payments to unin-
sured persons who attained age 72 before 1968

a
Between -$0.5 and $0.5 million.

b
Includes (1) interest on transfers between the trust funds and the general fund account for the Supplemental Security Income program due to adjustments in the allocation of administrative expenses, (2) interest arising from the revised allocation of administrative expenses among the trust funds, and (3) interest on certain reimbursements to the trust fund.

c
Reimbursements for costs incurred in performing certain legislatively mandated activities not directly related to administering the OASI and DI programs.

Note: Totals do not necessarily equal the sums of rounded components.
Estimates of the operations and status of the OASI, DI and the combined OASI and DI Trust Funds during fiscal years (12 months ending on September 30) 2005-19 are presented in tables VI.C4, VI.C5 and VI.C6, respectively.
 
Net
contri-
butions
Taxa-
tion of
benefits
Net
interest 
Benefit
pay-
ments 
Admin-
istra-
tive costs
RRB
inter-
change
Net
increase
during
year
Amount
at end
of year
Trust
fund
ratio b

a
“Total Income” column includes transfers made between the OASI Trust Fund and the General Fund of the Treasury that are not included in the separate components of income shown. These transfers consist of payments for (1) the cost of noncontributory wage credits for military service before 1957 and (2) the cost of benefits to certain uninsured persons who attained age 72 before 1968. In December 2005, $350 million was transferred from the OASI Trust Fund to the General Fund of the Treasury for the cost of pre-1957 military service wage credits, and a similar transfer of $90 million is projected to occur in December 2010. After December 2010 such transfers are estimated to be less than $500,000 in each year.

b
The “Trust fund ratio” column represents assets at the beginning of a year (which are identical to assets at the end of the prior year shown in the “Amount at end of year” column) as a percentage of cost for the year.

Note: Totals do not necessarily equal the sums of rounded components.
 
 
Net
contri-
butions
Taxa-
tion of
benefits
Net
interest 
Benefit
pay-
ments 
Admin-
istra-
tive costs
RRB
inter-
change
Net
increase
during
year
Amount
at end
of year
Trust
fund
ratio b

a
“Total Income” column includes transfers made between the DI Trust Fund and the General Fund of the Treasury that are not included in the separate components of income shown. These transfers consist of payments for the cost of noncontributory wage credits for military service before 1957. In particular, a transfer was made in December 2007 in the amount of $7.7 million from the General Fund of the Treasury to the DI Trust Fund. After 2009 such transfers are estimated to be less than $500,000 in each year.

b
The “Trust fund ratio” column represents assets at the beginning of a year (which are identical to assets at the end of the prior year shown in the “Amount at end of year” column) as a percentage of cost for the year.

c
The DI Trust Fund is projected to be exhausted in fiscal years 2019 and 2016 under the intermediate and the high-cost assumptions, respectively. Therefore, certain trust fund operation values from the year of trust fund exhaustion through 2019 are not meaningful under present law and are not shown in this table.

Note: Totals do not necessarily equal the sums of rounded components.
 
 
Table VI.C6.—Operations of the Combined OASI and DI Trust Funds,
Fiscal Years 2005-19 
Fiscal
year
Net
contri-
butions
Taxa-
tion of
benefits
Net
interest 
Benefit
pay-
ments 
Admin-
istra-
tive costs
RRB
inter-
change
Net
increase
during
year
Amount
at end
of year
Trust
fund
ratio b

a
“Total Income” column includes transfers made between the OASI and DI Trust Funds and the General Fund of the Treasury that are not included in the separate components of income shown. These transfers consist of payments for (1) the cost of noncontributory wage credits for military service before 1957 and (2) the cost of benefits to certain uninsured persons who attained age 72 before 1968.

b
The “Trust fund ratio” column represents assets at the beginning of a year (which are identical to assets at the end of the prior year shown in the “Amount at end of year” column) as a percentage of cost for the year.

Note: Totals do not necessarily equal the sums of rounded components.
 
 

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