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Detailed Single Year Tables

Description of Proposed Provision:
Shorten the hiatus in the normal retirement age (speed up the increase to age 67). That is, increase the NRA by 2 months per year for those attaining age 62 in 2012 through 2017, five years earlier than in current law, which would increase the NRA 2 months per year for those reaching age 62 in 2017 through 2022.

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
 
200912.3512.830.48 354
201012.5012.870.37 360
201112.3712.870.50 366
201212.2412.870.64 369
201312.3712.900.53 368
201412.6212.920.30 364
201512.8412.940.10 361
201613.0912.96-0.13 357
201713.3612.98-0.38 351
201813.6713.00-0.67 344
201913.9813.02-0.96 334
202014.2913.04-1.25 324
202114.5813.06-1.53 313
202214.8613.07-1.79 300
202315.1313.09-2.04 287
202415.4013.11-2.29 273
202515.6513.12-2.52 258
202615.8913.14-2.75 242
202716.1213.15-2.96 225
202816.3213.17-3.15 208
202916.4813.18-3.30 189
203016.6413.19-3.44 171
203116.7513.20-3.55 152
203216.8513.21-3.64 132
203316.9213.22-3.70 112
203416.9713.23-3.74 91
203517.0013.23-3.77 71
203617.0213.24-3.78 50
203717.0213.24-3.78 28
203817.0013.24-3.76 7
203916.9713.24-3.72 ----
204016.9213.25-3.68 ----
204116.8713.25-3.63 ----
204216.8313.25-3.58 ----
204316.7813.25-3.54 ----
204416.7413.25-3.50 ----
204516.7113.25-3.46 ----
204616.6813.25-3.44 ----
204716.6613.25-3.41 ----
204816.6413.25-3.39 ----
204916.6113.25-3.36 ----
205016.5913.25-3.34 ----
205116.5813.25-3.33 ----
205216.5813.25-3.33 ----
205316.5813.25-3.33 ----
205416.6013.26-3.34 ----
205516.6113.26-3.35 ----
205616.6313.26-3.37 ----
205716.6613.26-3.39 ----
205816.6813.27-3.42 ----
205916.7013.27-3.44 ----
206016.7313.27-3.45 ----
206116.7513.27-3.48 ----
206216.7713.28-3.50 ----
206316.8013.28-3.52 ----
206416.8313.28-3.55 ----
206516.8613.28-3.57 ----
206616.8913.29-3.61 ----
206716.9313.29-3.64 ----
206816.9713.29-3.67 ----
206917.0113.30-3.71 ----
207017.0513.30-3.75 ----
207117.0913.30-3.79 ----
207217.1413.31-3.83 ----
207317.1813.31-3.87 ----
207417.2313.31-3.92 ----
207517.2713.32-3.96 ----
207617.3213.32-4.00 ----
207717.3713.32-4.05 ----
207817.4213.33-4.10 ----
207917.4713.33-4.14 ----
208017.5313.33-4.19 ----
208117.5813.34-4.24 ----
208217.6313.34-4.29 ----
208317.6813.34-4.34 ----
208417.7313.35-4.39 ----


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 15.95% 14.01% -1.94%
0.06%

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Last reviewed or modified November 16, 2009