Table 1-basic (i.e., Without PRAs)
Basic Provisions:
Reduce PIA 0.5% Per Year Beginning 2009;
Decrease Third PIA Factor from 15% to 10%;
By 2018, Increase PIA for 30-Year Minimum Wage Worker by 12%;
Increase Widow(er)s Benefits to 75% of Couple's Benefit Starting in 2004, Limited Based on Average PIA;
Apply 3.9% Payroll Tax to Earnings in Excess of Maximum, Starting in 2004

With Ultimate Real Trust Fund Interest Rate of: 3.0
Year
Cost
Rate*
Income
Rate
Annual
Balance
Trust
Fund
Ratio
1-1-Year
Marginal
Change
in OASDI
Contribution
Rate
Additional
General
Fund
Transfers
Net OASDI
Contribution
Rate**
Changes in OASDI
Contribution Rate from--
PRA
Contributions
General Fund
Pays for PRA
Contribution
2001
10.49
12.72
2.23
239
 
 
12.40
 
 
2002
10.42
12.72
2.30
264
 
 
12.40
 
 
2003
10.43
12.73
2.29
289
 
 
12.40
 
 
2004
8.93
12.69
3.76
313
0
 
12.40
0
 
2005
8.98
12.69
3.72
341
0
 
12.40
0
 
2006
9.04
12.70
3.66
369
0
 
12.40
0
 
2007
9.15
12.71
3.56
395
0
 
12.40
0
 
2008
9.27
12.72
3.44
418
0
 
12.40
0
 
2009
9.50
12.73
3.23
435
0
 
12.40
0
 
2010
9.67
12.75
3.08
452
0
 
12.40
0
 
2011
9.84
12.75
2.91
467
0
 
12.40
0
 
2012
10.05
12.76
2.71
479
0
 
12.40
0
 
2013
10.28
12.76
2.48
488
0
 
12.40
0
 
2014
10.53
12.77
2.25
494
0
 
12.40
0
 
2015
10.78
12.78
2.00
499
0
 
12.40
0
 
2016
11.04
12.79
1.75
501
0
 
12.40
0
 
2017
11.31
12.80
1.49
501
0
 
12.40
0
 
2018
11.57
12.80
1.23
499
0
 
12.40
0
 
2019
11.84
12.81
0.97
495
0
 
12.40
0
 
2020
12.10
12.82
0.72
490
0
 
12.40
0
 
2021
12.34
12.84
0.49
484
0
 
12.40
0
 
2022
12.57
12.85
0.28
477
0
 
12.40
0
 
2023
12.78
12.86
0.08
469
0
 
12.40
0
 
2024
12.98
12.88
-0.10
461
0
 
12.40
0
 
2025
13.16
12.89
-0.27
452
0
 
12.40
0
 
2026
13.32
12.90
-0.42
443
0
 
12.40
0
 
2027
13.46
12.91
-0.55
433
0
 
12.40
0
 
2028
13.58
12.92
-0.66
423
0
 
12.40
0
 
2029
13.67
12.93
-0.74
413
0
 
12.40
0
 
2030
13.74
12.94
-0.80
403
0
 
12.40
0
 
2031
13.80
12.95
-0.85
393
0
 
12.40
0
 
2032
13.83
12.96
-0.88
383
0
 
12.40
0
 
2033
13.85
12.96
-0.89
373
0
 
12.40
0
 
2034
13.84
12.97
-0.88
364
0
 
12.40
0
 
2035
13.81
12.97
-0.85
355
0
 
12.40
0
 
2036
13.77
12.97
-0.80
346
0
 
12.40
0
 
2037
13.72
12.97
-0.75
338
0
 
12.40
0
 
2038
13.66
12.98
-0.69
330
0
 
12.40
0
 
2039
13.60
12.98
-0.62
322
0
 
12.40
0
 
2040
13.53
12.98
-0.55
315
0
 
12.40
0
 
2041
13.46
12.98
-0.48
308
0
 
12.40
0
 
2042
13.40
12.98
-0.42
302
0
 
12.40
0
 
2043
13.33
12.98
-0.36
295
0
 
12.40
0
 
2044
13.28
12.98
-0.30
289
0
 
12.40
0
 
2045
13.22
12.98
-0.24
284
0
 
12.40
0
 
2046
13.17
12.98
-0.19
278
0
 
12.40
0
 
2047
13.12
12.98
-0.14
273
0
 
12.40
0
 
2048
13.07
12.98
-0.09
267
0
 
12.40
0
 
2049
13.03
12.98
-0.05
262
0
 
12.40
0
 
2050
12.99
12.98
-0.01
257
0
 
12.40
0
 
2051
12.96
12.98
0.02
252
0
 
12.40
0
 
2052
12.94
12.98
0.04
247
0
 
12.40
0
 
2053
12.92
12.99
0.06
242
0
 
12.40
0
 
2054
12.91
12.99
0.07
237
0
 
12.40
0
 
2055
12.90
12.99
0.08
232
0
 
12.40
0
 
2056
12.90
12.99
0.09
227
0
 
12.40
0
 
2057
12.89
12.99
0.10
222
0
 
12.40
0
 
2058
12.88
12.99
0.12
217
0
 
12.40
0
 
2059
12.87
13.00
0.13
212
0
 
12.40
0
 
2060
12.86
13.00
0.14
206
0
 
12.40
0
 
2061
12.85
13.00
0.15
201
0
 
12.40
0
 
2062
12.84
13.00
0.16
196
0
 
12.40
0
 
2063
12.84
13.00
0.16
191
0
 
12.40
0
 
2064
12.83
13.00
0.18
185
0
 
12.40
0
 
2065
12.82
13.00
0.18
180
0
 
12.40
0
 
2066
12.81
13.01
0.19
175
0
 
12.40
0
 
2067
12.80
13.01
0.21
169
0
 
12.40
0
 
2068
12.79
13.01
0.22
164
0
 
12.40
0
 
2069
12.78
13.01
0.23
159
0
 
12.40
0
 
2070
12.76
13.01
0.25
153
0
 
12.40
0
 
2071
12.74
13.01
0.27
148
0
 
12.40
0
 
2072
12.72
13.01
0.29
143
0
 
12.40
0
 
2073
12.70
13.01
0.30
138
0
 
12.40
0
 
2074
12.68
13.01
0.33
132
0
 
12.40
0
 
2075
12.67
13.01
0.34
127
0
 
12.40
0
 
2076
12.66
13.01
0.35
122
0
 
12.40
0
 
 
          Summarized
 
 
Cost
Rate
OASDI
Income
Rate
OASDI
Actuarial
Balance
OASDI
Change in
Actuarial
Balance
 
2001 -
2075
12.11
12.13
0.02
1.88
 

Based on Intermediate Assumptions of the 2001 Trustees Report.
IA invested 50%Equity, 30% Corporate Bonds, 20%Treasury Bonds; 0.3% Administrative Expense.
* Net of Benefit Offset.
** Includes additional net General Fund transfers.
Office of the Actuary
Social Security Administration
October 29, 2002

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