Detailed Single Year Tables

Level of Monthly Benefits	Description of Proposed Provision: Starting in 2018, provide a 5 percent uniform PIA increase 20 years after benefit eligibility. Phase in the PIA increase at 1 percent per year from the 16th through 20th years after eligibility. The full PIA increase is equal to 5 percent of the PIA of a worker assumed to have career-average earnings equal to the SSA average wage index.

			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	Trust fund ratio as of January 1	Cost rate	Income rate	Annual balance
2015	14.13	12.82	-1.31	308	0.00	0.00	0.00
2016	13.88	12.88	-1.00	298	0.00	0.00	0.00
2017	13.89	12.91	-0.98	280	0.00	0.00	0.00
2018	14.12	12.94	-1.17	261	0.15	0.01	-0.14
2019	14.24	12.96	-1.28	245	0.15	0.01	-0.14
2020	14.38	12.97	-1.41	229	0.15	0.01	-0.15
2021	14.50	12.99	-1.51	213	0.16	0.01	-0.15
2022	14.68	13.02	-1.66	198	0.16	0.01	-0.15
2023	14.89	13.04	-1.85	182	0.17	0.01	-0.16
2024	15.13	13.07	-2.06	165	0.17	0.01	-0.16
2025	15.34	13.09	-2.25	149	0.18	0.01	-0.17
2026	15.55	13.11	-2.44	133	0.18	0.01	-0.17
2027	15.75	13.12	-2.63	116	0.19	0.01	-0.18
2028	15.95	13.14	-2.81	99	0.20	0.01	-0.19
2029	16.13	13.15	-2.98	82	0.20	0.01	-0.19
2030	16.30	13.16	-3.14	64	0.21	0.01	-0.20
2031	16.46	13.18	-3.28	46	0.21	0.01	-0.20
2032	16.59	13.19	-3.41	27	0.22	0.01	-0.21
2033	16.70	13.20	-3.51	7	0.23	0.01	-0.21
2034	16.78	13.20	-3.58	----	0.23	0.01	-0.22
2035	16.86	13.21	-3.65	----	0.24	0.01	-0.22
2036	16.92	13.22	-3.71	----	0.24	0.01	-0.23
2037	16.97	13.22	-3.75	----	0.25	0.01	-0.24
2038	16.98	13.22	-3.76	----	0.25	0.01	-0.24
2039	16.99	13.23	-3.76	----	0.26	0.01	-0.25
2040	16.98	13.23	-3.75	----	0.26	0.01	-0.25
2041	16.96	13.23	-3.73	----	0.27	0.01	-0.25
2042	16.94	13.23	-3.71	----	0.27	0.01	-0.26
2043	16.92	13.23	-3.69	----	0.28	0.01	-0.26
2044	16.89	13.23	-3.66	----	0.28	0.01	-0.26
2045	16.87	13.23	-3.64	----	0.28	0.01	-0.26
2046	16.85	13.23	-3.62	----	0.28	0.01	-0.26
2047	16.84	13.23	-3.61	----	0.28	0.01	-0.26
2048	16.83	13.23	-3.60	----	0.28	0.01	-0.26
2049	16.82	13.23	-3.59	----	0.28	0.01	-0.26
2050	16.82	13.23	-3.59	----	0.28	0.01	-0.26
2051	16.83	13.24	-3.60	----	0.28	0.01	-0.26
2052	16.85	13.24	-3.61	----	0.28	0.01	-0.26
2053	16.88	13.24	-3.64	----	0.28	0.01	-0.26
2054	16.92	13.24	-3.67	----	0.28	0.01	-0.26
2055	16.96	13.25	-3.71	----	0.27	0.01	-0.26
2056	17.01	13.25	-3.76	----	0.27	0.01	-0.26
2057	17.07	13.26	-3.81	----	0.27	0.01	-0.26
2058	17.12	13.26	-3.86	----	0.27	0.01	-0.26
2059	17.18	13.26	-3.91	----	0.28	0.01	-0.26
2060	17.23	13.27	-3.96	----	0.28	0.01	-0.26
2061	17.28	13.27	-4.01	----	0.28	0.01	-0.26
2062	17.34	13.27	-4.06	----	0.28	0.02	-0.27
2063	17.39	13.28	-4.11	----	0.28	0.02	-0.27
2064	17.45	13.28	-4.17	----	0.29	0.02	-0.27
2065	17.50	13.29	-4.22	----	0.29	0.02	-0.27
2066	17.56	13.29	-4.27	----	0.29	0.02	-0.28
2067	17.62	13.29	-4.33	----	0.29	0.02	-0.28
2068	17.69	13.30	-4.39	----	0.30	0.02	-0.28
2069	17.75	13.30	-4.45	----	0.30	0.02	-0.28
2070	17.81	13.30	-4.50	----	0.30	0.02	-0.29
2071	17.86	13.31	-4.55	----	0.31	0.02	-0.29
2072	17.91	13.31	-4.59	----	0.31	0.02	-0.29
2073	17.95	13.31	-4.63	----	0.31	0.02	-0.30
2074	17.98	13.32	-4.66	----	0.31	0.02	-0.30
2075	18.00	13.32	-4.68	----	0.32	0.02	-0.30
2076	18.01	13.32	-4.70	----	0.32	0.02	-0.30
2077	18.02	13.32	-4.70	----	0.32	0.02	-0.30
2078	18.03	13.32	-4.71	----	0.32	0.02	-0.30
2079	18.03	13.32	-4.71	----	0.32	0.02	-0.30
2080	18.03	13.32	-4.71	----	0.32	0.02	-0.31
2081	18.04	13.32	-4.72	----	0.32	0.02	-0.31
2082	18.05	13.32	-4.73	----	0.32	0.02	-0.31
2083	18.07	13.32	-4.75	----	0.33	0.02	-0.31
2084	18.10	13.32	-4.78	----	0.33	0.02	-0.31
2085	18.14	13.33	-4.81	----	0.33	0.02	-0.31
2086	18.18	13.33	-4.85	----	0.33	0.02	-0.31
2087	18.22	13.33	-4.89	----	0.33	0.02	-0.31
2088	18.26	13.33	-4.93	----	0.33	0.02	-0.31
2089	18.30	13.34	-4.97	----	0.33	0.02	-0.31
2090	18.35	13.34	-5.01	----	0.33	0.02	-0.31

				Summarized Estimates

	Proposal				Change from Present Law
Years	Cost rate	Income rate	Actuarial balance	Year of reserve depletion¹	Cost rate	Income rate	Actuarial balance

Based on Intermediate Assumptions of the 2015 Trustees Report.
2015-2089	16.79%	13.88%	-2.92%	2033	0.25%	0.01%	-0.23%

¹ Under present law, the year of Trust Fund reserve depletion is 2034.


	Privacy Policy \| Website Policies & Other Important Information \| Site Map Last reviewed or modified September 1, 2015

Detailed Single Year Tables

Financial Estimates for the OASDI Trust Fund Program

Summarized Estimates