Table 1b--IA Contributions, Offsets to OASDI Trust Funds from IAs, and Budget Effects
IA proceeds go to surviving spouse's individual account if worker dies before entitlement
Ultimate Real Trust Fund Interest Rate 3.00
Ultimate Real IA Rate for Offset 2.70
Assumed IA Participation Rate 100%
Year
Contributions to
IA by Federal
Government1
Offset to
OASI Benefits
from IAs2
Other Changes
in OASDI
Cash Flow
Change
in Annual
Unified Budget
Cash Flow
Change in
Debt Held
by Public
(end of year)
Change in
Annual
Unified Budget
Balance
(In Billions of Constant 2003 Dollars)
2004
0.0
0.0
0.0
0.0
0.0
0.0
2005
0.0
0.0
0.0
0.0
0.0
0.0
2006
123.7
0.0
-3.7
-127.4
131.2
-131.3
2007
128.4
0.0
-3.8
-132.1
271.5
-144.1
2008
132.9
0.0
-3.8
-136.7
420.9
-157.3
2009
137.2
0.0
-3.8
-141.0
579.4
-170.7
2010
141.2
0.0
-3.7
-144.8
746.7
-184.1
2011
145.0
0.8
-3.3
-147.5
921.7
-196.8
2012
148.5
1.8
-2.7
-149.5
1,104.1
-209.2
2013
152.1
2.9
-1.8
-151.0
1,293.3
-221.4
2014
155.4
4.3
-0.4
-151.6
1,488.8
-233.2
2015
158.6
5.8
1.4
-151.3
1,689.8
-244.3
2016
161.6
7.6
3.8
-150.2
1,895.5
-254.9
2017
164.6
9.6
6.7
-148.3
2,105.1
-264.8
2018
167.5
11.9
10.1
-145.6
2,318.2
-274.4
2019
170.4
14.4
14.0
-142.1
2,534.1
-283.4
2020
173.3
17.1
18.4
-137.7
2,752.0
-291.7
2021
176.1
20.1
23.4
-132.6
2,971.2
-299.3
2022
178.9
23.4
28.7
-126.8
3,190.9
-306.3
2023
181.7
27.0
34.4
-120.3
3,410.5
-312.6
2024
184.5
30.9
40.6
-113.0
3,629.3
-318.1
2025
187.0
35.0
47.2
-104.8
3,846.1
-322.5
2026
189.6
39.5
54.2
-95.9
4,060.2
-326.2
2027
192.2
44.3
61.8
-86.1
4,270.7
-328.8
2028
194.9
49.4
70.1
-75.4
4,476.6
-330.2
2029
197.7
54.9
78.6
-64.2
4,677.0
-330.8
2030
200.5
60.7
87.5
-52.3
4,871.2
-330.4
2031
203.4
66.8
96.7
-39.9
5,058.4
-329.1
2032
206.3
73.3
106.1
-26.9
5,237.9
-326.8
2033
209.3
80.1
115.8
-13.3
5,408.7
-323.4
2034
212.3
87.3
125.7
0.8
5,570.2
-319.0
2035
215.3
94.9
135.9
15.5
5,721.4
-313.4
2036
218.4
102.8
146.3
30.7
5,861.4
-306.7
2037
221.5
111.1
156.9
46.4
5,989.4
-298.7
2038
224.7
119.7
167.8
62.8
6,104.4
-289.5
2039
227.9
128.7
178.9
79.7
6,205.4
-278.8
2040
231.1
138.1
190.3
97.4
6,291.3
-266.6
2041
234.3
147.9
202.2
115.8
6,360.8
-252.7
2042
237.5
158.1
214.4
135.0
6,412.5
-237.0
2043
240.8
168.6
227.2
155.0
6,445.2
-219.5
2044
244.1
179.6
240.5
176.0
6,457.3
-199.8
2045
247.4
191.0
254.3
197.9
6,447.2
-178.0
2046
250.7
202.8
268.7
220.8
6,413.3
-153.8
2047
254.0
214.5
283.6
244.1
6,354.2
-127.7
2048
257.4
226.7
299.1
268.4
6,268.4
-99.2
2049
260.8
240.2
315.1
294.5
6,153.1
-67.3
2050
264.2
253.4
331.6
320.8
6,007.2
-33.4
2051
267.7
266.1
348.8
347.2
5,829.8
2.5
2052
271.2
277.9
366.4
373.2
5,620.3
39.7
2053
274.7
289.7
384.3
399.3
5,377.7
79.0
2054
278.3
301.4
402.6
425.7
5,100.5
120.5
2055
281.9
313.0
421.3
452.3
4,787.6
164.3
2056
285.6
324.5
440.3
479.2
4,437.7
210.5
2057
289.4
336.0
459.6
506.2
4,049.4
259.0
2058
293.2
347.3
479.0
533.1
3,621.8
309.6
2059
297.1
358.5
498.4
559.8
3,153.9
362.5
2060
301.0
369.5
517.9
586.5
2,644.4
417.6
2061
305.0
380.5
537.5
613.0
2,092.4
475.1
2062
309.0
391.2
557.5
639.7
1,496.2
535.2
2063
313.1
401.8
577.9
666.6
854.5
598.2
2064
317.2
412.2
598.5
693.5
165.8
663.8
2065
321.3
422.4
619.4
720.6
-571.5
732.4
2066
325.5
432.5
640.8
747.8
-1,358.8
804.0
2067
329.7
442.3
662.8
775.4
-2,198.3
879.0
2068
334.0
452.0
685.4
803.4
-3,091.7
957.5
2069
338.3
461.5
708.3
831.5
-4,040.9
1,039.2
2070
342.7
470.8
731.7
859.8
-5,047.8
1,124.6
2071
347.1
480.0
755.5
888.4
-6,114.3
1,213.5
2072
351.5
489.0
779.8
917.2
-7,242.4
1,306.2
2073
356.0
497.8
804.5
946.2
-8,434.3
1,402.8
2074
360.6
506.5
829.6
975.5
-9,692.1
1,503.4
2075
365.2
515.0
855.2
1,005.0
-11,018.0
1,608.2
2076
369.8
523.5
881.2
1,034.9
-12,414.5
1,717.4
2077
374.5
531.8
907.6
1,064.9
-13,883.8
1,830.9
2078
379.3
540.1
934.4
1,095.3
-15,428.4
1,949.0
1 Includes low-income worker subsidies from the General Fund of the Treasury as well as redirection of payroll tax revenues.
2 Represents reductions to OASDI benefit payments based on hypothetical accumulation of IAs at 2.7 percent real.

Based on Intermediate Assumptions of the 2003 Trustees Report.
 
Office of the Chief Actuary
Social Security Administration
November 18, 2003

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