|
Skip to content Social Security Online |
Actuarial Publications | |
|
|
Home FAQs Contact Us Search |
| Solvency provisions |
Detailed Single Year Tables |
|
Description of Proposed Provision:
|
|
|   | 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 |
|||
| 2016 | 14.05 | 12.94 | -1.10 | 303 | 0.00 | 0.00 | 0.00 | ||
| 2017 | 13.71 | 12.92 | -0.80 | 293 | -0.01 | 0.00 | 0.01 | ||
| 2018 | 13.83 | 12.95 | -0.87 | 278 | -0.03 | 0.00 | 0.03 | ||
| 2019 | 13.94 | 12.96 | -0.97 | 263 | -0.05 | 0.00 | 0.05 | ||
| 2020 | 14.06 | 12.98 | -1.08 | 248 | -0.08 | 0.00 | 0.07 | ||
| 2021 | 14.16 | 13.00 | -1.17 | 234 | -0.11 | 0.00 | 0.10 | ||
| 2022 | 14.35 | 13.03 | -1.32 | 220 | -0.14 | -0.01 | 0.14 | ||
| 2023 | 14.57 | 13.05 | -1.52 | 205 | -0.18 | -0.01 | 0.18 | ||
| 2024 | 14.80 | 13.08 | -1.72 | 189 | -0.22 | -0.01 | 0.21 | ||
| 2025 | 15.02 | 13.10 | -1.92 | 173 | -0.27 | -0.01 | 0.25 | ||
| 2026 | 15.16 | 13.11 | -2.05 | 158 | -0.31 | -0.01 | 0.29 | ||
| 2027 | 15.30 | 13.13 | -2.18 | 143 | -0.35 | -0.02 | 0.33 | ||
| 2028 | 15.43 | 13.14 | -2.29 | 128 | -0.38 | -0.02 | 0.37 | ||
| 2029 | 15.55 | 13.15 | -2.40 | 113 | -0.42 | -0.02 | 0.40 | ||
| 2030 | 15.65 | 13.16 | -2.49 | 99 | -0.45 | -0.02 | 0.43 | ||
| 2031 | 15.73 | 13.17 | -2.57 | 84 | -0.49 | -0.02 | 0.46 | ||
| 2032 | 15.81 | 13.17 | -2.63 | 68 | -0.52 | -0.03 | 0.49 | ||
| 2033 | 15.86 | 13.18 | -2.68 | 52 | -0.55 | -0.03 | 0.52 | ||
| 2034 | 15.89 | 13.18 | -2.71 | 36 | -0.57 | -0.03 | 0.55 | ||
| 2035 | 15.90 | 13.19 | -2.71 | 20 | -0.60 | -0.03 | 0.57 | ||
| 2036 | 15.93 | 13.19 | -2.74 | 4 | -0.62 | -0.03 | 0.59 | ||
| 2037 | 15.95 | 13.19 | -2.76 | ---- | -0.65 | -0.03 | 0.61 | ||
| 2038 | 15.95 | 13.20 | -2.75 | ---- | -0.67 | -0.03 | 0.63 | ||
| 2039 | 15.92 | 13.20 | -2.73 | ---- | -0.69 | -0.04 | 0.65 | ||
| 2040 | 15.89 | 13.20 | -2.69 | ---- | -0.70 | -0.04 | 0.67 | ||
| 2041 | 15.84 | 13.19 | -2.65 | ---- | -0.72 | -0.04 | 0.68 | ||
| 2042 | 15.80 | 13.19 | -2.61 | ---- | -0.73 | -0.04 | 0.69 | ||
| 2043 | 15.76 | 13.19 | -2.56 | ---- | -0.74 | -0.04 | 0.70 | ||
| 2044 | 15.72 | 13.19 | -2.52 | ---- | -0.75 | -0.04 | 0.71 | ||
| 2045 | 15.69 | 13.19 | -2.50 | ---- | -0.76 | -0.04 | 0.72 | ||
| 2046 | 15.65 | 13.19 | -2.46 | ---- | -0.77 | -0.04 | 0.73 | ||
| 2047 | 15.62 | 13.19 | -2.43 | ---- | -0.78 | -0.04 | 0.74 | ||
| 2048 | 15.60 | 13.19 | -2.41 | ---- | -0.78 | -0.04 | 0.74 | ||
| 2049 | 15.58 | 13.19 | -2.39 | ---- | -0.79 | -0.04 | 0.75 | ||
| 2050 | 15.56 | 13.19 | -2.37 | ---- | -0.79 | -0.04 | 0.75 | ||
| 2051 | 15.56 | 13.19 | -2.37 | ---- | -0.80 | -0.04 | 0.76 | ||
| 2052 | 15.57 | 13.19 | -2.38 | ---- | -0.80 | -0.04 | 0.76 | ||
| 2053 | 15.59 | 13.19 | -2.39 | ---- | -0.80 | -0.04 | 0.76 | ||
| 2054 | 15.62 | 13.20 | -2.42 | ---- | -0.81 | -0.04 | 0.77 | ||
| 2055 | 15.65 | 13.20 | -2.45 | ---- | -0.81 | -0.04 | 0.77 | ||
| 2056 | 15.69 | 13.20 | -2.49 | ---- | -0.82 | -0.04 | 0.77 | ||
| 2057 | 15.74 | 13.21 | -2.53 | ---- | -0.82 | -0.04 | 0.78 | ||
| 2058 | 15.78 | 13.21 | -2.57 | ---- | -0.82 | -0.04 | 0.78 | ||
| 2059 | 15.83 | 13.21 | -2.62 | ---- | -0.83 | -0.04 | 0.78 | ||
| 2060 | 15.88 | 13.22 | -2.66 | ---- | -0.83 | -0.04 | 0.79 | ||
| 2061 | 15.92 | 13.22 | -2.70 | ---- | -0.83 | -0.04 | 0.79 | ||
| 2062 | 15.97 | 13.22 | -2.75 | ---- | -0.84 | -0.04 | 0.79 | ||
| 2063 | 16.02 | 13.23 | -2.79 | ---- | -0.84 | -0.04 | 0.79 | ||
| 2064 | 16.06 | 13.23 | -2.83 | ---- | -0.84 | -0.04 | 0.80 | ||
| 2065 | 16.11 | 13.23 | -2.88 | ---- | -0.84 | -0.05 | 0.80 | ||
| 2066 | 16.16 | 13.24 | -2.92 | ---- | -0.85 | -0.05 | 0.80 | ||
| 2067 | 16.21 | 13.24 | -2.97 | ---- | -0.85 | -0.05 | 0.80 | ||
| 2068 | 16.26 | 13.24 | -3.02 | ---- | -0.85 | -0.05 | 0.81 | ||
| 2069 | 16.31 | 13.25 | -3.06 | ---- | -0.86 | -0.05 | 0.81 | ||
| 2070 | 16.36 | 13.25 | -3.11 | ---- | -0.86 | -0.05 | 0.81 | ||
| 2071 | 16.40 | 13.25 | -3.15 | ---- | -0.86 | -0.05 | 0.81 | ||
| 2072 | 16.44 | 13.26 | -3.18 | ---- | -0.86 | -0.05 | 0.82 | ||
| 2073 | 16.48 | 13.26 | -3.22 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2074 | 16.50 | 13.26 | -3.24 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2075 | 16.52 | 13.26 | -3.26 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2076 | 16.54 | 13.26 | -3.27 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2077 | 16.54 | 13.26 | -3.28 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2078 | 16.54 | 13.26 | -3.28 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2079 | 16.54 | 13.26 | -3.27 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2080 | 16.53 | 13.26 | -3.27 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2081 | 16.53 | 13.26 | -3.27 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2082 | 16.54 | 13.26 | -3.27 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2083 | 16.55 | 13.27 | -3.28 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2084 | 16.57 | 13.27 | -3.30 | ---- | -0.87 | -0.05 | 0.82 | ||
| 2085 | 16.60 | 13.27 | -3.33 | ---- | -0.87 | -0.05 | 0.83 | ||
| 2086 | 16.63 | 13.27 | -3.36 | ---- | -0.87 | -0.05 | 0.83 | ||
| 2087 | 16.67 | 13.27 | -3.39 | ---- | -0.88 | -0.05 | 0.83 | ||
| 2088 | 16.71 | 13.28 | -3.43 | ---- | -0.88 | -0.05 | 0.83 | ||
| 2089 | 16.75 | 13.28 | -3.47 | ---- | -0.88 | -0.05 | 0.83 | ||
| 2090 | 16.79 | 13.28 | -3.51 | ---- | -0.88 | -0.05 | 0.84 | ||
| 2091 | 16.84 | 13.28 | -3.55 | ---- | -0.89 | -0.05 | 0.84 | ||
|   | 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 2016 Trustees Report. | |||||||||
| 2016-2090 | 15.85% | 13.81% | -2.04% | 2036 | -0.65% | -0.03% | 0.61% | ||
|   | |||||||||
| 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 August 30, 2016 |