Table 1 -- Social Security Guarantee Plus (SSGP) Plan of 2001 -- Individual Account (IA) Contributions from General Fund Indefinitely
IA to Estate at Death Before Entitlement
IA Contribution = 2.468%
SSG Transfer Rate = 95%
With Ultimate Real Trust Fund Interest Rate of: 3.0 With Ultimate Real IA Yield Rate of: 5.05 With Annuity Net Yield Rate of: 5.05
Year
Cost Rate*
Income Rate
Annual Balance
Trust Fund Ratio 1-1-Year
Change in OASDI Contri- bution Rate
Payroll Tax for Trust Funds
SSG Contri- bution from Trust Fund
Total SSG Contribution Rate (Applied to prior years earnings)
2001
10.49
12.72
2.23
239
12.40
0
2002
10.42
12.72
2.30
264
12.40
0
2003
10.63
12.73
2.10
284
12.40
2.47
2004
10.72
12.75
2.03
304
12.40
2.47
2005
10.83
12.76
1.93
323
12.40
2.47
2006
10.93
12.77
1.84
341
12.40
2.47
2007
11.07
12.78
1.71
357
12.40
2.47
2008
11.19
12.79
1.60
373
12.40
2.47
2009
11.36
12.80
1.44
385
12.40
2.47
2010
11.56
12.82
1.26
396
12.40
2.47
2011
11.75
12.82
1.07
404
12.40
2.47
2012
11.99
12.83
0.84
410
12.40
2.47
2013
12.26
12.84
0.58
413
12.40
2.47
2014
12.55
12.85
0.31
414
12.40
2.47
2015
12.85
12.86
0.02
413
12.40
2.47
2016
13.15
12.87
-0.27
410
12.40
2.47
2017
13.46
12.89
-0.57
405
12.40
2.47
2018
13.77
12.90
-0.87
398
12.40
2.47
2019
14.08
12.91
-1.17
390
12.40
2.47
2020
14.37
12.92
-1.45
380
12.40
2.47
2021
14.64
12.94
-1.69
370
12.40
2.47
2022
14.88
12.96
-1.92
359
12.40
2.47
2023
15.10
12.98
-2.12
347
12.40
2.47
2024
15.29
13.00
-2.30
335
12.40
2.47
2025
15.47
13.01
-2.45
322
12.40
2.47
2026
15.61
13.03
-2.58
309
12.40
2.47
2027
15.73
13.05
-2.68
296
12.40
2.47
2028
15.82
13.06
-2.76
282
12.40
2.47
2029
15.87
13.08
-2.79
269
12.40
2.47
2030
15.89
13.09
-2.79
255
12.40
2.47
2031
15.88
13.11
-2.77
242
12.40
2.47
2032
15.85
13.12
-2.73
230
12.40
2.47
2033
15.78
13.13
-2.65
217
12.40
2.47
2034
15.67
13.14
-2.53
205
12.40
2.47
2035
15.53
13.15
-2.38
194
12.40
2.47
2036
15.36
13.15
-2.21
184
12.40
2.47
2037
15.18
13.16
-2.02
175
12.40
2.47
2038
14.97
13.17
-1.81
167
12.40
2.47
2039
14.75
13.17
-1.58
160
12.40
2.47
2040
14.51
13.17
-1.33
155
12.40
2.47
2041
14.27
13.18
-1.09
150
12.40
2.47
2042
14.03
13.18
-0.84
148
12.40
2.47
2043
13.79
13.19
-0.60
147
12.40
2.47
2044
13.55
13.19
-0.36
147
12.40
2.47
2045
13.33
13.20
-0.13
150
12.40
2.47
2046
13.11
13.20
0.09
154
12.40
2.47
2047
12.91
13.21
0.31
159
12.40
2.47
2048
12.71
13.22
0.51
167
12.40
2.47
2049
12.52
13.22
0.71
176
12.40
2.47
2050
12.34
13.23
0.90
188
12.40
2.47
2051
12.17
13.24
1.07
201
12.40
2.47
2052
12.02
13.25
1.22
216
12.40
2.47
2053
11.89
13.26
1.37
232
12.40
2.47
2054
11.76
13.27
1.51
250
12.40
2.47
2055
11.64
13.27
1.64
270
12.40
2.47
2056
11.53
13.28
1.76
291
12.40
2.47
2057
11.43
13.29
1.87
314
12.40
2.47
2058
11.33
13.30
1.97
339
12.40
2.47
2059
11.24
13.31
2.08
365
12.40
2.47
2060
11.15
13.32
2.17
393
12.40
2.47
2061
11.07
13.33
2.26
422
12.40
2.47
2062
11.00
13.34
2.34
453
12.40
2.47
2063
10.93
13.35
2.42
485
12.40
2.47
2064
10.86
13.35
2.49
518
12.40
2.47
2065
10.81
13.36
2.55
553
12.40
2.47
2066
10.77
13.37
2.60
588
12.40
2.47
2067
10.73
13.38
2.65
625
12.40
2.47
2068
10.70
13.38
2.69
662
12.40
2.47
2069
10.68
13.39
2.71
700
12.40
2.47
2070
10.66
13.40
2.74
739
12.40
2.47
2071
10.65
13.40
2.75
778
12.40
2.47
2072
10.65
13.41
2.76
818
12.40
2.47
2073
10.66
13.41
2.75
857
12.40
2.47
2074
10.68
13.42
2.75
897
12.40
2.47
2075
10.70
13.43
2.73
937
12.40
2.47
2076
10.72
13.43
2.71
977
12.40
2.47
Summarized
Cost Rate OASDI
Income Rate OASDI
Actuarial Balance OASDI
Change in Actuarial Balance
2001 - 2075
12.97
13.60
0.63
2.49
Based on Intermediate Assumptions of the 2001 Trustees Report. With Ultimate Real Interest Rate of 3.00.
* Net of Benefit Cost Reduction from SSG Transfers.
Office of the Actuary Social Security Administration December 10, 2001