Skip to content
Social Security Online
Actuarial Publications
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables

Description of Proposed Provision:
Progressive price indexing of PIA formula factors beginning with individuals newly eligible for OASI benefits in 2019. Create new bend point at the 30th percentile of earners. Maintain current-law benefits for earners at the 30th percentile and below and reduce upper 2 formula factors (32% and 15%) such that maximum worker benefit grows by inflation rather than the growth in average wages. Disability benefits are not affected by the proposal. Disabled worker beneficiaries, upon attaining normal retirement age, would be subject to a proportional reduction in benefits based on the worker's years of disability.

 

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

Cost
rate
Income
rate
Annual
balance
201013.0912.33-0.76
355
0.000.000.00
201113.0412.91-0.12
353
0.000.000.00
201212.8412.870.03
350
0.000.000.00
201312.8212.900.08
346
0.000.000.00
201412.8612.920.06
341
0.000.000.00
201512.9812.94-0.04
335
0.000.000.00
201613.1012.96-0.14
330
0.000.000.00
201713.3012.99-0.32
324
0.000.000.00
201813.5513.01-0.53
317
0.000.000.00
201913.8313.03-0.80
309
-0.010.000.01
202014.1313.05-1.08
300
-0.020.000.02
202114.4213.07-1.36
290
-0.030.000.03
202214.7013.08-1.61
278
-0.050.000.05
202314.9613.10-1.86
266
-0.070.000.07
202415.1913.11-2.08
254
-0.10-0.010.09
202515.4113.13-2.28
240
-0.12-0.010.12
202615.6013.14-2.46
226
-0.16-0.010.15
202715.7613.15-2.61
211
-0.19-0.010.18
202815.9013.16-2.74
196
-0.23-0.010.22
202916.0213.17-2.85
180
-0.27-0.010.25
203016.0913.18-2.92
164
-0.31-0.020.29
203116.1513.18-2.97
148
-0.36-0.020.34
203216.1913.19-3.00
131
-0.40-0.020.38
203316.2013.19-3.01
115
-0.45-0.020.43
203416.2013.19-3.01
98
-0.51-0.030.48
203516.1713.19-2.98
81
-0.56-0.030.53
203616.1213.19-2.93
64
-0.61-0.030.58
203716.0713.19-2.87
47
-0.67-0.040.63
203815.9913.19-2.80
30
-0.73-0.040.69
203915.8913.19-2.71
14
-0.79-0.040.74
204015.8013.18-2.61
----
-0.85-0.050.80
204115.6913.18-2.51
----
-0.90-0.050.85
204215.5913.17-2.41
----
-0.97-0.050.91
204315.4813.17-2.31
----
-1.03-0.060.97
204415.3813.17-2.22
----
-1.09-0.061.03
204515.2813.16-2.12
----
-1.16-0.061.09
204615.1913.16-2.04
----
-1.23-0.071.16
204715.1013.15-1.95
----
-1.29-0.071.22
204815.0213.15-1.87
----
-1.36-0.081.28
204914.9313.15-1.78
----
-1.43-0.081.35
205014.8413.14-1.70
----
-1.49-0.081.41
205114.7713.14-1.63
----
-1.56-0.091.47
205214.7013.14-1.56
----
-1.62-0.091.53
205314.6413.13-1.51
----
-1.69-0.101.60
205414.5913.13-1.45
----
-1.76-0.101.66
205514.5413.13-1.41
----
-1.83-0.101.73
205614.4913.13-1.36
----
-1.90-0.111.79
205714.4513.13-1.32
----
-1.97-0.111.86
205814.4013.12-1.28
----
-2.04-0.121.92
205914.3613.12-1.24
----
-2.10-0.121.98
206014.3113.12-1.19
----
-2.17-0.122.05
206114.2713.12-1.15
----
-2.24-0.132.11
206214.2313.12-1.12
----
-2.30-0.132.17
206314.1913.11-1.08
----
-2.36-0.132.23
206414.1613.11-1.04
----
-2.43-0.142.29
206514.1213.11-1.01
----
-2.49-0.142.35
206614.0913.11-0.98
----
-2.56-0.152.41
206714.0713.11-0.96
----
-2.62-0.152.47
206814.0413.11-0.93
----
-2.68-0.152.53
206914.0213.11-0.91
----
-2.75-0.162.59
207014.0013.11-0.89
----
-2.81-0.162.65
207113.9813.11-0.87
----
-2.87-0.162.71
207213.9613.11-0.85
----
-2.94-0.172.77
207313.9413.10-0.83
----
-3.00-0.172.83
207413.9213.10-0.82
----
-3.06-0.182.89
207513.9013.10-0.80
----
-3.13-0.182.95
207613.8813.10-0.78
----
-3.19-0.183.01
207713.8713.10-0.76
----
-3.25-0.193.06
207813.8513.10-0.75
----
-3.31-0.193.12
207913.8313.10-0.73
----
-3.37-0.193.18
208013.8113.10-0.71
----
-3.44-0.203.24
208113.8013.10-0.70
----
-3.50-0.203.30
208213.7813.10-0.68
----
-3.56-0.203.35
208313.7613.10-0.67
----
-3.62-0.213.41
208413.7513.10-0.65
----
-3.68-0.213.47
208513.7313.10-0.63
----
-3.74-0.213.52



 

Summarized Estimates

 
  Proposal
  Change from Present Law
Years Cost
rate
Income
rate
Actuarial
balance

Year of
exhaustion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2010 Trustees Report.
2010-2084 14.74% 13.94% -0.79%
2039
-1.19% -0.07% 1.13%
 
1 Under present law, the year of exhaustion is 2037.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified March 2, 2011