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.4.—Income from Taxation of OASI and DI Benefits
(Calendar years 1984-2000, and calendar quarters 2001-10)
[Amounts in millions]
Calendar
period
OASI Trust Fund
DI Trust Fund
  Total
taxes
credited
to OASDI
Trust
Funds
  Total
benefits
  Fraction
taxable
(percent)
  Average
tax rate
(percent)
  Tax
liability
  Prior
period
adjust-
ment
  Taxes
credited
to trust
fund
  Total
benefits
  Fraction
taxable
(percent)
  Average
tax rate
(percent)
  Tax
liability
  Prior
period
adjust-
ment
  Taxes
credited
to trust
fund
1984
$157,862.0
4.780
36.5
$2,754.0
...
$2,754.0
$17,900.1
2.943
35.3
$186.0
...
$186.0
$2,940.0
1985
167,359.6
5.273
35.5
3,133.0
...
3,133.0
18,835.9
3.317
35.0
218.0
...
218.0
3,351.0
1986
176,844.4
5.852
32.4
3,353.0
...
3,353.0
19,846.8
3.707
31.8
234.0
...
234.0
3,587.0
1987
183,644.1
6.492
25.9
3,088.0
$102.0
3,190.0
20,511.5
3.006
25.3
156.0
-$195.0
-39.0
3,151.0
1988
195,521.7
6.830
24.6
3,285.0
29.0
3,314.0
21,692.2
3.468
23.0
173.0
-116.0
57.0
3,371.0
1989
207,977.0
7.547
24.0
3,767.0
-1,401.0
2,366.0
22,873.4
3.313
22.3
169.0
-78.0
91.0
2,457.0
1990
222,992.9
8.520
23.4
4,446.0
326.0
4,772.0
24,803.3
3.579
20.5
182.0
-42.0
140.0
4,912.0
1991
240,436.2
9.736
22.9
5,351.0
433.0
5,784.0
27,661.7
3.635
19.9
200.0
-14.0
186.0
5,970.0
1992
254,939.4
10.026
22.4
5,728.0
47.0
5,775.0
31,091.2
3.858
19.3
231.0
-3.0
228.0
6,003.0
1993
267,804.5
9.691
22.4
5,816.0
-560.0
5,256.0
34,597.7
4.032
19.2
268.0
9.0
277.0
5,533.0
1994
279,117.7
9.221
22.3
5,729.0
-814.0
4,915.0
37,716.8
4.086
19.5
301.0
6.0
307.0
5,222.0
1995
291,682.3
9.091
22.4
5,929.0
-574.0
5,355.0
40,898.2
4.199
19.4
333.0
1.0
334.0
5,689.0
1996
302,914.4
9.350
22.2
6,279.0
...
6,279.0
44,173.9
4.423
18.6
364.0
...
364.0
6,643.0
1997
316,311.1
10.865
22.0
7,561.0
-334.0
7,227.0
45,659.3
5.446
18.4
458.0
3.0
461.0
7,688.0
1998
326,817.3
12.527
22.0
9,003.0
...
9,003.0
48,173.4
6.238
18.4
552.0
...
552.0
9,555.0
1999
334,437.2
12.744
21.6
9,219.0
1,543.0
10,762.0
51,331.0
6.170
18.1
572.0
83.0
655.0
11,417.0
2000
352,706.5
13.766
21.5
10,445.0
1,010.0
11,455.0
54,938.3
6.170
19.5
662.0
53.0
715.0
12,170.0
2001-I
92,332.2
14.530
22.3
2,964.0
...
2,964.0
14,524.1
6.430
19.5
184.0
...
184.0
3,148.0
2001-II
92,845.9
14.530
22.3
3,001.6
...
3,001.6
14,667.3
6.430
19.5
184.2
...
184.2
3,185.8
2001-III
93,022.8
14.530
22.3
3,035.3
...
3,035.3
14,791.9
6.430
19.5
187.4
...
187.4
3,222.7
2001-IV
93,592.3
14.530
22.3
3,025.8
...
3,025.8
14,958.0
6.430
19.5
187.8
...
187.8
3,213.6
2002-I
96,456.5
15.250
22.0
3,231.7
...
3,231.7
15,569.7
6.510
19.5
197.6
...
197.6
3,429.4
2002-II
97,072.2
15.250
22.0
3,252.3
...
3,252.3
15,745.1
6.510
19.5
199.9
...
199.9
3,452.2
2002-III
97,301.6
15.250
22.0
3,260.0
...
3,260.0
15,889.6
6.510
19.5
201.7
...
201.7
3,461.7
2002-IV
97,911.8
15.250
22.0
3,280.5
...
3,280.5
16,073.2
6.510
19.5
204.0
...
204.0
3,484.5
2003-I
101,009.6
15.900
21.9
3,510.8
...
3,510.8
16,834.3
6.520
19.7
216.4
...
216.4
3,727.3
2003-II
101,665.1
15.900
21.9
3,533.6
...
3,533.6
17,052.2
6.520
19.7
219.2
...
219.2
3,752.9
2003-III
101,911.1
15.900
21.9
3,542.2
...
3,542.2
17,235.5
6.520
19.7
221.6
...
221.6
3,763.8
2003-IV
102,546.3
15.900
21.9
3,564.2
...
3,564.2
17,460.5
6.520
19.7
224.5
...
224.5
3,788.7
2004-I
105,947.7
16.490
21.8
3,801.6
...
3,801.6
18,317.5
6.530
19.7
235.5
...
235.5
4,037.2
2004-II
106,719.8
16.490
21.8
3,829.3
...
3,829.3
18,555.6
6.530
19.7
238.6
...
238.6
4,067.9
2004-III
107,031.0
16.490
21.8
3,840.5
...
3,840.5
18,755.4
6.530
19.7
241.1
...
241.1
4,081.7
2004-IV
107,725.8
16.490
21.8
3,865.4
...
3,865.4
19,000.1
6.530
19.7
244.3
...
244.3
4,109.7
2005-I
111,456.1
17.000
21.5
4,081.3
...
4,081.3
19,953.9
6.510
19.7
255.8
...
255.8
4,337.1
2005-II
112,326.0
17.000
21.5
4,113.2
...
4,113.2
20,213.5
6.510
19.7
259.1
...
259.1
4,372.3
2005-III
112,694.3
17.000
21.5
4,126.6
...
4,126.6
20,430.9
6.510
19.7
261.9
...
261.9
4,388.5
2005-IV
113,454.9
17.000
21.5
4,154.5
...
4,154.5
20,696.6
6.510
19.7
265.3
...
265.3
4,419.8
2006-I
117,528.0
17.400
21.4
4,376.3
...
4,376.3
21,743.1
6.660
19.7
285.3
...
285.3
4,661.5
2006-II
118,447.1
17.400
21.4
4,410.5
...
4,410.5
22,021.1
6.660
19.7
288.9
...
288.9
4,699.4
2006-III
118,849.4
17.400
21.4
4,425.5
...
4,425.5
22,252.5
6.660
19.7
292.0
...
292.0
4,717.4
2006-IV
119,697.3
17.400
21.4
4,457.0
...
4,457.0
22,536.1
6.660
19.7
295.7
...
295.7
4,752.7
2007-I
124,178.6
17.810
21.3
4,701.9
...
4,701.9
23,673.7
6.820
19.7
317.9
...
317.9
5,019.8
2007-II
125,168.6
17.810
21.3
4,739.4
...
4,739.4
23,964.4
6.820
19.7
321.8
...
321.8
5,061.2
2007-III
125,628.5
17.810
21.3
4,756.8
...
4,756.8
24,204.8
6.820
19.7
325.0
...
325.0
5,081.8
2007-IV
126,623.8
17.810
21.3
4,794.5
...
4,794.5
24,501.6
6.820
19.7
329.0
...
329.0
5,123.5
2008-I
131,542.2
18.240
21.1
5,072.2
...
5,072.2
25,724.4
6.980
19.7
353.5
...
353.5
5,425.7
2008-II
132,731.3
18.240
21.1
5,118.0
...
5,118.0
26,023.5
6.980
19.7
357.7
...
357.7
5,475.7
2008-III
133,331.5
18.240
21.1
5,141.2
...
5,141.2
26,269.0
6.980
19.7
361.0
...
361.0
5,502.2
2008-IV
134,544.1
18.240
21.1
5,187.9
...
5,187.9
26,575.7
6.980
19.7
365.2
...
365.2
5,553.2
2009-I
140,020.2
18.690
21.1
5,514.0
...
5,514.0
27,867.1
7.150
19.7
392.3
...
392.3
5,906.3
2009-II
141,478.8
18.690
21.1
5,571.4
...
5,571.4
28,131.4
7.150
19.7
396.0
...
396.0
5,967.5
2009-III
142,280.1
18.690
21.1
5,603.0
...
5,603.0
28,340.4
7.150
19.7
399.0
...
399.0
6,002.0
2009-IV
143,797.7
18.690
21.1
5,662.7
...
5,662.7
28,617.3
7.150
19.7
402.9
...
402.9
6,065.6
2010-I
149,711.6
19.140
21.1
6,034.7
...
6,034.7
29,984.2
7.340
19.7
433.3
...
433.3
6,468.0
2010-II
151,088.5
19.140
21.1
6,090.2
...
6,090.2
30,283.9
7.340
19.7
437.7
...
437.7
6,527.9
2010-III
151,883.2
19.140
21.1
6,122.2
...
6,122.2
30,523.4
7.340
19.7
441.1
...
441.1
6,563.4
2010-IV
153,629.1
19.140
21.1
6,192.6
...
6,192.6
30,835.5
7.340
19.7
445.6
...
445.6
6,638.3

Sources:

Total benefits shown earlier.

Fraction taxable and average tax rate based on reports from the Office of Tax Analysis, Department of the Treasury.

Tax liability, prior period adjustment, and taxes credited to trust funds based on quarterly report from the Office of Tax Analysis, Department of the Treasury.

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


Contents Glossary


List of Studies
December 26, 2001