Short-Range Actuarial Projections of the Old-Age, Survivors, and Disability Insurance Program, 2001
Actuarial Study No. 115
Chris Motsiopoulos and Tim Zayatz, A.S.A.
Contents Glossary




 

IV. TRUST FUND INCOME AND OUTGO

Table IV.11.—Transfers Between the OASI and DI Trust Funds and the Railroad Retirement Program
(Fiscal years 1975-2010)
[Amounts in millions]
Year 1
Components of principal amount of transfer to Railroad Retirement program
Accumu-
lation
factor
Transfer to Railroad
Retirement program
Benefit
payments
Adminis-
trative
expenses
Payroll
taxes
Military
service
adjustment
Benefit
taxes 2
Interest
Total
principal
Amount
Date paid
OASI
1975
$1,726.3
$19.5
$635.1
...
...
$89.8
$1,144.8
1.0590
$1,212.3
June 1, 1976
1976
1,769.8
14.2
682.3
...
...
106.4
1,140.7
1.0588
1,207.8
June 1, 1977
1977
2,387.6
19.4
937.6
...
...
122.4
1,524.7
1.0420
1,588.7
June 1, 1978
1978
2,057.0
16.3
771.5
...
...
146.5
1,384.3
1.0457
1,447.5
June 1, 1979
1979
2,223.1
16.3
927.7
...
...
121.0
1,369.5
1.0529
1,442.0
June 1, 1980
1980
2,493.7
19.4
1,060.2
...
...
110.7
1,491.1
1.0629
1,584.9
June 1, 1981
1981
2,790.0
14.4
1,165.2
...
...
128.5
1,673.9
1.0713
1,793.3
June 1, 1982
1982
3,101.3
11.8
1,109.8
...
...
204.0
2,087.9
1.0780
2,250.8
June 1, 1983
1983
3,278.1
10.2
1,126.1
...
...
246.8
2,246.1
1.0703
2,404.0
June 1, 1984
1984
3,325.8
21.9
1,292.4
...
$40.7
297.3
2,154.0
1.0725
2,310.2
June 1, 1985
1985
3,457.4
22.7
1,255.4
...
62.4
408.8
2,414.9
1.0705
2,585.1
June 1, 1986
1986
3,554.4
24.4
1,214.9
...
62.9
269.4
2,400.2
1.0655
2,557.3
June 1, 1987
1987
3,685.1
20.0
1,200.1
...
-3.8
269.4
2,635.0
1.0588
2,790.0
June 1, 1988
1988
3,818.3
19.6
1,298.2
...
4.6
309.5
2,689.6
1.0579
2,845.3
June 1, 1989
1989
3,940.0
24.3
1,278.4
...
19.6
288.2
2,798.8
1.0609
2,969.3
June 1, 1990
1990
4,202.8
17.4
1,277.7
...
40.6
452.7
3,184.1
1.0598
3,374.6
June 1, 1991
1991
4,231.3
17.7
1,300.9
...
35.7
258.6
2,980.6
1.0563
3,148.4
June 1, 1992
1992
4,488.3
19.0
1,328.7
...
50.9
229.4
3,189.3
1.0512
3,352.5
June 1, 1993
1993
4,535.5
19.4
1,379.8
...
55.0
309.2
3,266.1
1.0470
3,419.6
June 1, 1994
1994
4,931.6
17.9
1,255.1
...
57.8
396.7
3,879.8
1.0445
4,052.3
June 1, 1995
1995
4,638.4
17.0
1,270.3
$51.2
46.9
276.5
3,391.0
1.0481
3,554.1
June 1, 1996
1996
4,712.2
14.8
1,290.8
...
44.3
296.6
3,525.4
1.0461
3,688.1
June 1, 1997
1997
4,772.5
17.4
1,340.5
...
54.7
268.7
3,500.7
1.0461
3,662.2
June 1, 1998
1998
4,829.4
15.8
1,366.9
...
56.7
261.7
3,521.8
1.0453
3,681.4
June 1, 1999
1999
4,815.8
12.5
1,440.0
...
96.2
257.6
3,390.1
1.0437
3,538.2
June 1, 2000
2000
4,849.8
14.3
1,419.5
346.2
137.7
278.3
3,090.9
1.0440
3,226.8
June 1, 2001
2001
4,903.2
14.5
1,486.6
...
103.1
257.4
3,451.0
1.0413
3,593.5
June 1, 2002
2002
4,943.8
14.7
1,526.4
...
111.0
267.4
3,446.0
1.0411
3,587.7
June 1, 2003
2003
4,984.4
14.9
1,559.7
...
120.8
260.7
3,437.9
1.0412
3,579.4
June 1, 2004
2004
5,028.7
15.1
1,591.9
...
130.6
255.3
3,435.1
1.0411
3,576.3
June 1, 2005
2005
5,091.0
15.3
1,623.4
171.9
140.4
257.6
3,287.1
1.0411
3,422.2
June 1, 2006
2006
5,161.7
15.5
1,654.4
...
148.4
244.4
3,483.7
1.0414
3,628.0
June 1, 2007
2007
5,239.3
15.7
1,683.6
...
154.7
251.9
3,524.3
1.0412
3,669.5
June 1, 2008
2008
5,350.8
15.9
1,707.6
...
163.0
255.0
3,606.0
1.0411
3,754.2
June 1, 2009
2009
5,473.4
16.1
1,732.7
...
171.4
259.8
3,696.9
1.0411
3,848.9
June 1, 2010
2010
5,622.6
16.4
1,766.2
208.8
181.2
272.4
3,603.3
1.0411
3,751.4
June 1, 2011
DI
1975
104.7
2.8
83.6
...
...
2.6
24.9
1.0602
26.4
June 1, 1976
1976
87.3
.9
89.7
...
...
2.7
-.3
1.0000
-.3
June 1, 1977
1977
147.3
2.3
123.2
...
...
2.2
28.6
1.0420
29.8
June 1, 1978
1978
154.7
.1
131.1
...
...
6.1
28.6
1.0455
29.9
June 1, 1979
1979
148.1
2.0
162.2
...
...
1.9
-11.5
1.0522
-12.1
June 1, 1980
1980
168.1
2.2
144.6
...
...
1.5
27.7
1.0614
29.4
June 1, 1981
1981
178.1
2.2
157.3
...
...
3.3
24.6
1.0732
26.4
June 1, 1982
1982
201.5
7.3
186.2
...
...
5.0
25.8
1.0775
27.8
June 1, 1983
1983
179.0
4.5
161.8
...
...
.5
20.2
1.0693
21.6
June 1, 1984
1984
173.2
3.2
136.9
...
2.8
4.5
39.8
1.0704
42.6
June 1, 1985
1985
176.1
2.3
121.0
...
4.3
12.9
63.2
1.0712
67.7
June 1, 1986
1986
165.1
.9
117.0
...
3.9
12.8
53.4
1.0655
56.9
June 1, 1987
1987
157.2
2.1
115.4
...
-6.7
6.5
57.9
1.0587
61.3
June 1, 1988
1988
187.3
3.6
124.4
...
.1
20.4
83.4
1.0576
88.2
June 1, 1989
1989
181.4
3.8
122.4
...
-1.5
15.8
75.3
1.0611
79.9
June 1, 1990
1990
191.7
3.4
131.9
...
.9
19.8
77.5
1.0594
82.1
June 1, 1991
1991
182.2
3.5
139.6
...
.3
13.7
54.9
1.0565
58.0
June 1, 1992
1992
210.7
2.1
142.8
...
.7
12.6
78.8
1.0512
82.8
June 1, 1993
1993
237.5
4.1
147.6
...
.9
12.1
101.2
1.0470
106.0
June 1, 1994
1994
247.7
2.4
201.4
...
1.2
22.2
64.9
1.0445
67.8
June 1, 1995
1995
269.9
3.6
226.8
41.5
1.1
.9
2.1
1.0481
2.2
June 1, 1996
1996
276.8
4.2
230.6
...
1.1
7.3
56.5
1.0461
59.1
June 1, 1997
1997
319.1
5.1
218.8
...
1.4
48.5
149.9
1.0461
156.8
June 1, 1998
1998
323.4
4.9
216.9
...
1.4
25.7
128.8
1.0453
134.6
June 1, 1999
1999
359.5
7.8
228.9
...
2.4
22.5
152.7
1.0437
159.4
June 1, 2000
2000
379.8
6.4
237.5
162.5
3.7
12.3
-11.9
1.0420
-12.4
June 1, 2001
2001
414.7
6.5
252.4
...
3.2
5.5
171.8
1.0417
179.0
June 1, 2002
2002
448.9
6.6
259.2
...
3.6
14.4
199.9
1.0414
208.2
June 1, 2003
2003
489.7
6.6
264.9
...
4.3
16.5
235.3
1.0412
244.9
June 1, 2004
2004
534.2
6.7
270.3
...
5.0
19.0
274.8
1.0414
286.2
June 1, 2005
2005
582.2
6.8
275.7
23.0
5.9
22.5
295.6
1.0413
307.8
June 1, 2006
2006
632.8
6.9
280.9
...
6.7
23.9
363.8
1.0416
378.9
June 1, 2007
2007
685.3
7.0
285.9
...
7.5
28.1
411.8
1.0413
428.9
June 1, 2008
2008
741.5
7.1
290.0
...
8.3
31.5
464.7
1.0412
483.9
June 1, 2009
2009
791.7
7.2
294.2
...
9.2
35.0
511.4
1.0412
532.4
June 1, 2010
2010
840.5
7.3
299.9
2.3
10.0
38.2
552.7
1.0412
575.4
June 1, 2011

1 Defined as the period October 1-September 30 (see Public Law 93-344).

2 Benefit taxes not payable until 1984.

Sources:

Historical amounts based on SSA administrative records.

Historical accumulation factor computed by dividing transfer amount by total principal.

Future amounts and factors projected based on data supplied by Railroad Retirement Board, adjusted via regression equations to account for different economic assumptions.

Note: Future estimates based on 2001 Trustees Report intermediate set of assumptions.


Contents Glossary


List of Studies
December 26, 2001