Skip to content
Social Security Online
Actuarial Publications
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables

Description of Proposed Provision:
After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, index the NRA to maintain a constant ratio of expected retirement years (life expectancy at NRA) to potential work years (NRA minus 20). We assume the NRA will increase 1 month every 2 years.

 

Financial Estimates for the OASDI Trust Fund Program

 
  Proposal
  Change from Present Law
  Expressed as a percentage of
present-law taxable payroll

Trust fund
ratio as of
January 1
Expressed as a percentage of
present-law taxable payroll
Calendar
year
Cost
rate
Income
rate
Annual
balance

Cost
rate
Income
rate
Annual
balance
201313.9512.69-1.26
330
0.000.000.00
201414.0412.83-1.20
315
0.000.000.00
201513.9712.86-1.10
301
0.000.000.00
201613.9112.88-1.03
286
0.000.000.00
201713.8812.90-0.98
271
0.000.000.00
201813.9112.93-0.98
257
0.000.000.00
201914.0612.95-1.11
244
0.000.000.00
202014.2612.97-1.29
231
0.000.000.00
202114.4412.99-1.45
218
0.000.000.00
202214.7013.03-1.68
204
0.000.000.00
202314.9613.04-1.92
189
0.000.000.00
202415.2213.06-2.16
174
-0.010.000.01
202515.4613.07-2.39
158
-0.010.000.01
202615.6913.08-2.61
142
-0.020.000.02
202715.9013.10-2.81
125
-0.020.000.02
202816.1013.11-3.00
108
-0.030.000.03
202916.2913.12-3.17
91
-0.040.000.04
203016.4513.13-3.32
72
-0.040.000.04
203116.5713.14-3.43
53
-0.060.000.06
203216.6713.15-3.52
33
-0.080.000.08
203316.7613.15-3.60
13
-0.100.000.10
203416.8213.16-3.66
----
-0.120.000.11
203516.8413.16-3.68
----
-0.140.000.13
203616.8513.16-3.69
----
-0.160.000.15
203716.8513.17-3.68
----
-0.18-0.010.17
203816.8213.17-3.65
----
-0.20-0.010.19
203916.7713.16-3.60
----
-0.22-0.010.22
204016.7213.16-3.56
----
-0.24-0.010.23
204116.6713.16-3.50
----
-0.26-0.010.25
204216.6113.16-3.45
----
-0.28-0.010.27
204316.5613.16-3.40
----
-0.31-0.010.30
204416.5113.16-3.35
----
-0.33-0.010.32
204516.4713.16-3.31
----
-0.36-0.010.35
204616.4313.16-3.28
----
-0.38-0.010.37
204716.3913.16-3.24
----
-0.41-0.010.40
204816.3513.15-3.20
----
-0.44-0.010.43
204916.3113.15-3.16
----
-0.47-0.020.46
205016.2813.15-3.13
----
-0.50-0.020.48
205116.2613.15-3.10
----
-0.53-0.020.52
205216.2413.15-3.09
----
-0.57-0.020.55
205316.2413.15-3.08
----
-0.60-0.020.58
205416.2413.16-3.09
----
-0.63-0.020.61
205516.2513.16-3.10
----
-0.66-0.020.63
205616.2713.16-3.11
----
-0.69-0.020.66
205716.2913.16-3.13
----
-0.71-0.030.69
205816.3113.16-3.15
----
-0.74-0.030.72
205916.3213.16-3.16
----
-0.77-0.030.74
206016.3413.17-3.17
----
-0.80-0.030.77
206116.3613.17-3.19
----
-0.83-0.030.80
206216.3713.17-3.20
----
-0.86-0.030.83
206316.3813.17-3.21
----
-0.89-0.030.86
206416.3913.17-3.22
----
-0.92-0.030.88
206516.4113.17-3.23
----
-0.95-0.040.91
206616.4213.17-3.25
----
-0.98-0.040.94
206716.4413.18-3.26
----
-1.01-0.040.97
206816.4513.18-3.28
----
-1.04-0.041.00
206916.4713.18-3.29
----
-1.07-0.041.03
207016.4813.18-3.30
----
-1.11-0.041.06
207116.4813.18-3.30
----
-1.14-0.041.10
207216.4813.18-3.30
----
-1.17-0.041.13
207316.4813.18-3.30
----
-1.21-0.051.16
207416.4713.18-3.29
----
-1.24-0.051.19
207516.4513.18-3.27
----
-1.27-0.051.22
207616.4313.18-3.25
----
-1.30-0.051.25
207716.4113.18-3.23
----
-1.33-0.051.28
207816.3813.18-3.20
----
-1.36-0.051.31
207916.3513.18-3.17
----
-1.40-0.061.34
208016.3213.18-3.15
----
-1.44-0.061.38
208116.3013.18-3.12
----
-1.48-0.061.42
208216.2813.18-3.11
----
-1.52-0.061.46
208316.2813.18-3.10
----
-1.55-0.061.49
208416.2813.18-3.11
----
-1.59-0.061.53
208516.2913.18-3.12
----
-1.62-0.061.56
208616.3113.18-3.13
----
-1.66-0.071.59
208716.3313.18-3.15
----
-1.68-0.071.62
208816.3613.18-3.18
----
-1.71-0.071.64



 

Summarized Estimates

 
  Proposal
  Change from Present Law
Years Cost
rate
Income
rate
Actuarial
balance

Year of reserve
depletion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2013 Trustees Report.
2013-2087 16.10% 13.86% -2.24%
2033
-0.49% -0.02% 0.48%
 
1 Under present law, the year of Trust Fund reserve depletion is 2033.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified September 11, 2013