Detailed Single Year Tables
Description of Proposed Provision:
B4.3: For the OASI and DI computation of the PIA, gradually reduce the maximum number of drop-out years from 5 to 0, phased in over the years 2026-2034.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2024 | 14.71 | 13.03 | -1.68 | 188 | 0.00 | 0.00 | 0.00 | ||
| 2025 | 15.00 | 12.89 | -2.11 | 171 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.20 | 13.07 | -2.13 | 152 | -0.00 | -0.00 | 0.00 | ||
| 2027 | 15.36 | 13.11 | -2.25 | 134 | -0.00 | -0.00 | 0.00 | ||
| 2028 | 15.41 | 13.13 | -2.28 | 117 | -0.01 | -0.00 | 0.01 | ||
| 2029 | 15.45 | 13.16 | -2.29 | 101 | -0.01 | -0.00 | 0.01 | ||
| 2030 | 15.50 | 13.18 | -2.33 | 85 | -0.02 | -0.00 | 0.02 | ||
| 2031 | 15.54 | 13.20 | -2.34 | 69 | -0.04 | -0.00 | 0.03 | ||
| 2032 | 15.55 | 13.22 | -2.33 | 53 | -0.05 | -0.00 | 0.05 | ||
| 2033 | 15.59 | 13.26 | -2.33 | 38 | -0.07 | -0.00 | 0.07 | ||
| 2034 | 15.67 | 13.27 | -2.40 | 24 | -0.10 | -0.00 | 0.09 | ||
| 2035 | 15.75 | 13.28 | -2.48 | 9 | -0.13 | -0.01 | 0.12 | ||
| 2036 | 15.83 | 13.29 | -2.54 | — | -0.16 | -0.01 | 0.15 | ||
| 2037 | 15.89 | 13.29 | -2.60 | — | -0.20 | -0.01 | 0.19 | ||
| 2038 | 15.94 | 13.30 | -2.64 | — | -0.23 | -0.01 | 0.22 | ||
| 2039 | 15.98 | 13.30 | -2.68 | — | -0.27 | -0.01 | 0.26 | ||
| 2040 | 16.01 | 13.31 | -2.71 | — | -0.31 | -0.02 | 0.29 | ||
| 2041 | 16.04 | 13.31 | -2.73 | — | -0.34 | -0.02 | 0.32 | ||
| 2042 | 16.06 | 13.31 | -2.74 | — | -0.38 | -0.02 | 0.36 | ||
| 2043 | 16.07 | 13.32 | -2.75 | — | -0.41 | -0.02 | 0.39 | ||
| 2044 | 16.07 | 13.32 | -2.76 | — | -0.45 | -0.02 | 0.42 | ||
| 2045 | 16.07 | 13.32 | -2.75 | — | -0.48 | -0.03 | 0.45 | ||
| 2046 | 16.08 | 13.32 | -2.75 | — | -0.51 | -0.03 | 0.48 | ||
| 2047 | 16.08 | 13.32 | -2.76 | — | -0.54 | -0.03 | 0.51 | ||
| 2048 | 16.09 | 13.32 | -2.77 | — | -0.57 | -0.03 | 0.54 | ||
| 2049 | 16.10 | 13.33 | -2.78 | — | -0.60 | -0.03 | 0.57 | ||
| 2050 | 16.13 | 13.33 | -2.80 | — | -0.63 | -0.04 | 0.60 | ||
| 2051 | 16.15 | 13.33 | -2.82 | — | -0.66 | -0.04 | 0.62 | ||
| 2052 | 16.18 | 13.33 | -2.85 | — | -0.69 | -0.04 | 0.65 | ||
| 2053 | 16.22 | 13.34 | -2.88 | — | -0.71 | -0.04 | 0.67 | ||
| 2054 | 16.26 | 13.34 | -2.92 | — | -0.74 | -0.04 | 0.70 | ||
| 2055 | 16.32 | 13.35 | -2.97 | — | -0.76 | -0.04 | 0.72 | ||
| 2056 | 16.37 | 13.35 | -3.02 | — | -0.78 | -0.04 | 0.74 | ||
| 2057 | 16.44 | 13.36 | -3.08 | — | -0.80 | -0.05 | 0.76 | ||
| 2058 | 16.51 | 13.36 | -3.14 | — | -0.82 | -0.05 | 0.78 | ||
| 2059 | 16.58 | 13.37 | -3.21 | — | -0.84 | -0.05 | 0.79 | ||
| 2060 | 16.65 | 13.38 | -3.27 | — | -0.86 | -0.05 | 0.81 | ||
| 2061 | 16.71 | 13.38 | -3.33 | — | -0.87 | -0.05 | 0.82 | ||
| 2062 | 16.77 | 13.39 | -3.39 | — | -0.88 | -0.05 | 0.83 | ||
| 2063 | 16.83 | 13.39 | -3.44 | — | -0.89 | -0.05 | 0.84 | ||
| 2064 | 16.89 | 13.40 | -3.49 | — | -0.90 | -0.05 | 0.85 | ||
| 2065 | 16.95 | 13.40 | -3.55 | — | -0.91 | -0.05 | 0.85 | ||
| 2066 | 17.00 | 13.40 | -3.60 | — | -0.91 | -0.05 | 0.86 | ||
| 2067 | 17.06 | 13.41 | -3.65 | — | -0.92 | -0.05 | 0.87 | ||
| 2068 | 17.12 | 13.41 | -3.71 | — | -0.93 | -0.05 | 0.87 | ||
| 2069 | 17.18 | 13.42 | -3.76 | — | -0.93 | -0.06 | 0.88 | ||
| 2070 | 17.25 | 13.42 | -3.82 | — | -0.94 | -0.06 | 0.88 | ||
| 2071 | 17.31 | 13.43 | -3.88 | — | -0.94 | -0.06 | 0.89 | ||
| 2072 | 17.37 | 13.43 | -3.93 | — | -0.95 | -0.06 | 0.89 | ||
| 2073 | 17.42 | 13.44 | -3.99 | — | -0.95 | -0.06 | 0.89 | ||
| 2074 | 17.48 | 13.44 | -4.04 | — | -0.95 | -0.06 | 0.90 | ||
| 2075 | 17.53 | 13.45 | -4.08 | — | -0.96 | -0.06 | 0.90 | ||
| 2076 | 17.57 | 13.45 | -4.12 | — | -0.96 | -0.06 | 0.90 | ||
| 2077 | 17.60 | 13.45 | -4.14 | — | -0.96 | -0.06 | 0.91 | ||
| 2078 | 17.62 | 13.46 | -4.16 | — | -0.96 | -0.06 | 0.91 | ||
| 2079 | 17.63 | 13.46 | -4.17 | — | -0.97 | -0.06 | 0.91 | ||
| 2080 | 17.63 | 13.46 | -4.17 | — | -0.97 | -0.06 | 0.91 | ||
| 2081 | 17.62 | 13.46 | -4.17 | — | -0.97 | -0.06 | 0.91 | ||
| 2082 | 17.61 | 13.46 | -4.15 | — | -0.97 | -0.06 | 0.91 | ||
| 2083 | 17.58 | 13.46 | -4.13 | — | -0.96 | -0.06 | 0.91 | ||
| 2084 | 17.55 | 13.45 | -4.10 | — | -0.96 | -0.06 | 0.91 | ||
| 2085 | 17.51 | 13.45 | -4.06 | — | -0.96 | -0.06 | 0.90 | ||
| 2086 | 17.46 | 13.45 | -4.01 | — | -0.96 | -0.06 | 0.90 | ||
| 2087 | 17.41 | 13.45 | -3.96 | — | -0.96 | -0.06 | 0.90 | ||
| 2088 | 17.35 | 13.44 | -3.91 | — | -0.95 | -0.06 | 0.90 | ||
| 2089 | 17.30 | 13.44 | -3.86 | — | -0.95 | -0.06 | 0.89 | ||
| 2090 | 17.24 | 13.43 | -3.81 | — | -0.95 | -0.06 | 0.89 | ||
| 2091 | 17.20 | 13.43 | -3.77 | — | -0.94 | -0.06 | 0.89 | ||
| 2092 | 17.16 | 13.43 | -3.73 | — | -0.94 | -0.06 | 0.89 | ||
| 2093 | 17.14 | 13.43 | -3.71 | — | -0.94 | -0.06 | 0.89 | ||
| 2094 | 17.13 | 13.43 | -3.70 | — | -0.94 | -0.06 | 0.89 | ||
| 2095 | 17.12 | 13.43 | -3.70 | — | -0.94 | -0.06 | 0.89 | ||
| 2096 | 17.13 | 13.43 | -3.71 | — | -0.94 | -0.06 | 0.89 | ||
| 2097 | 17.15 | 13.43 | -3.72 | — | -0.94 | -0.06 | 0.89 | ||
| 2098 | 17.18 | 13.43 | -3.75 | — | -0.95 | -0.06 | 0.89 | ||
| 2099 | 17.21 | 13.43 | -3.78 | — | -0.95 | -0.06 | 0.89 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2024-2098 | 16.67% | 13.76% | -2.91% | 2035 | -0.63% | -0.04% | 0.59% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2035. |
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Based on Intermediate Assumptions of the 2024 Trustees Report.