Detailed Single Year Tables

Description of Proposed Provision:
Multiply all PIA formula factors successively by 0.991 for new benefit eligibility in each year 2013 through 2041. Disabled workers and young survivors (surviving spouses with a child-in-care and survivor children) would not be affected by this provision. Upon conversion from disabled worker to retired worker benefits, benefit levels would be proportionally reduced based on the fraction of years the individual was not disabled between ages 22 and 62.

Financial Estimates for the OASDI Trust Fund Program
	Percentage of taxable payroll			Trust fund ratio as of January 1
Calendar year	Cost rate	Income rate	Annual balance	Trust fund ratio as of January 1
2009	12.35	12.83	0.48	354
2010	12.50	12.87	0.37	360
2011	12.37	12.87	0.50	366
2012	12.24	12.87	0.63	369
2013	12.38	12.90	0.53	367
2014	12.62	12.92	0.30	364
2015	12.86	12.94	0.08	360
2016	13.16	12.96	-0.20	355
2017	13.46	12.98	-0.47	348
2018	13.77	13.00	-0.77	340
2019	14.08	13.02	-1.06	330
2020	14.38	13.04	-1.34	319
2021	14.65	13.05	-1.59	308
2022	14.89	13.07	-1.82	296
2023	15.11	13.09	-2.02	284
2024	15.31	13.10	-2.21	271
2025	15.49	13.11	-2.38	257
2026	15.64	13.12	-2.52	244
2027	15.78	13.14	-2.64	229
2028	15.89	13.15	-2.75	214
2029	15.97	13.15	-2.82	199
2030	16.03	13.16	-2.87	184
2031	16.06	13.17	-2.89	168
2032	16.07	13.17	-2.90	153
2033	16.05	13.18	-2.88	137
2034	16.01	13.18	-2.83	121
2035	15.95	13.18	-2.77	106
2036	15.87	13.18	-2.69	91
2037	15.78	13.18	-2.60	75
2038	15.67	13.17	-2.49	60
2039	15.54	13.17	-2.37	46
2040	15.40	13.16	-2.24	32
2041	15.26	13.16	-2.10	18
2042	15.12	13.15	-1.96	5
2043	14.98	13.15	-1.83	----
2044	14.84	13.14	-1.70	----
2045	14.71	13.14	-1.58	----
2046	14.59	13.13	-1.46	----
2047	14.48	13.13	-1.35	----
2048	14.37	13.12	-1.25	----
2049	14.27	13.12	-1.15	----
2050	14.18	13.12	-1.06	----
2051	14.10	13.11	-0.98	----
2052	14.03	13.11	-0.92	----
2053	13.97	13.11	-0.86	----
2054	13.93	13.11	-0.82	----
2055	13.89	13.11	-0.78	----
2056	13.86	13.11	-0.75	----
2057	13.83	13.11	-0.73	----
2058	13.81	13.11	-0.71	----
2059	13.80	13.11	-0.69	----
2060	13.79	13.11	-0.68	----
2061	13.78	13.11	-0.67	----
2062	13.77	13.11	-0.67	----
2063	13.77	13.11	-0.67	----
2064	13.78	13.11	-0.67	----
2065	13.79	13.11	-0.68	----
2066	13.81	13.11	-0.69	----
2067	13.82	13.11	-0.71	----
2068	13.85	13.12	-0.73	----
2069	13.87	13.12	-0.75	----
2070	13.90	13.12	-0.78	----
2071	13.93	13.12	-0.81	----
2072	13.96	13.13	-0.84	----
2073	13.99	13.13	-0.87	----
2074	14.03	13.13	-0.90	----
2075	14.07	13.13	-0.93	----
2076	14.10	13.14	-0.97	----
2077	14.14	13.14	-1.00	----
2078	14.18	13.14	-1.04	----
2079	14.22	13.14	-1.08	----
2080	14.26	13.15	-1.12	----
2081	14.30	13.15	-1.15	----
2082	14.35	13.15	-1.19	----
2083	14.39	13.15	-1.23	----
2084	14.43	13.16	-1.27	----

Summarized Rates
Years	Cost rate	Income rate	Actuarial balance	Change in actuarial balance

Estimates based on the Intermediate Assumptions of the 2009 Trustees Report
2009-2083	14.49%	13.93%	-0.56%	1.45%


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