Table 3b--PRSA Contributions, Offsets to OASDI Trust Funds from PRSAs, and Budget Effects
|
IA proceeds go to estate if worker dies before entitlement
Ultimate Real Trust Fund Interest Rate 3.00
Ultimate Real PRSA Rate for Offset 3.70
Assumed PRSA Participation Rate 100%
|
|
Year
|
Contributions to
PRSA by Federal
Government
Based on Earnings
|
Offsets to
OASDI
Trust Funds
from PRSAs
|
Other Changes
in OASDI
Cash Flow 1/
|
Change in
Annual
Unified Budget
Cash Flow
|
Change in
Debt Held
by Public
(end of year)
|
Change in
Annual
Unified Budget Balance
|
|
|
(In Billions of Constant 2003 Dollars)
|
|
2004
|
0.0
|
0.0
|
-0.7
|
-0.7
|
0.7
|
-0.7
|
|
2005
|
132.1
|
0.0
|
-11.2
|
-143.4
|
148.4
|
-147.8
|
|
2006
|
136.0
|
0.1
|
-8.4
|
-144.2
|
301.7
|
-157.5
|
|
2007
|
139.5
|
0.4
|
-5.5
|
-144.5
|
460.1
|
-167.2
|
|
2008
|
142.8
|
0.9
|
-2.3
|
-144.2
|
623.2
|
-176.5
|
|
2009
|
146.0
|
1.5
|
1.8
|
-142.7
|
789.7
|
-184.7
|
|
2010
|
149.1
|
2.4
|
7.0
|
-139.8
|
958.3
|
-191.6
|
|
2011
|
152.1
|
3.4
|
13.3
|
-135.4
|
1,127.3
|
-197.0
|
|
2012
|
154.8
|
4.6
|
20.5
|
-129.7
|
1,295.5
|
-201.1
|
|
2013
|
157.7
|
6.1
|
28.6
|
-123.0
|
1,461.8
|
-204.0
|
|
2014
|
160.4
|
7.8
|
37.3
|
-115.3
|
1,625.1
|
-205.9
|
|
2015
|
163.1
|
9.8
|
46.5
|
-106.8
|
1,784.3
|
-206.6
|
|
2016
|
165.7
|
12.0
|
56.4
|
-97.3
|
1,938.3
|
-206.0
|
|
2017
|
168.3
|
14.5
|
66.9
|
-86.9
|
2,086.0
|
-204.2
|
|
2018
|
170.9
|
17.3
|
77.9
|
-75.8
|
2,226.6
|
-201.4
|
|
2019
|
173.6
|
20.4
|
89.2
|
-64.1
|
2,359.4
|
-197.6
|
|
2020
|
176.2
|
23.8
|
100.8
|
-51.7
|
2,483.4
|
-192.7
|
|
2021
|
178.9
|
27.5
|
112.7
|
-38.6
|
2,597.7
|
-186.6
|
|
2022
|
181.5
|
31.6
|
124.7
|
-25.2
|
2,701.6
|
-179.5
|
|
2023
|
184.2
|
36.1
|
136.8
|
-11.3
|
2,794.3
|
-171.4
|
|
2024
|
186.9
|
41.0
|
149.3
|
3.3
|
2,874.7
|
-161.8
|
|
2025
|
189.6
|
46.2
|
161.8
|
18.4
|
2,942.0
|
-151.0
|
|
2026
|
209.3
|
51.8
|
174.9
|
17.5
|
3,012.3
|
-156.0
|
|
2027
|
212.4
|
57.9
|
188.7
|
34.2
|
3,067.4
|
-142.8
|
|
2028
|
215.6
|
64.5
|
202.6
|
51.5
|
3,106.3
|
-128.3
|
|
2029
|
218.8
|
71.5
|
216.2
|
69.0
|
3,128.5
|
-112.6
|
|
2030
|
222.1
|
79.0
|
229.5
|
86.5
|
3,133.2
|
-95.9
|
|
2031
|
225.4
|
87.1
|
243.7
|
105.4
|
3,118.7
|
-76.7
|
|
2032
|
228.8
|
95.6
|
258.2
|
125.0
|
3,083.5
|
-55.7
|
|
2033
|
232.3
|
104.7
|
272.9
|
145.3
|
3,026.4
|
-32.7
|
|
2034
|
235.7
|
114.3
|
287.4
|
166.0
|
2,946.2
|
-8.0
|
|
2035
|
239.2
|
124.5
|
301.1
|
186.3
|
2,842.7
|
17.7
|
|
2036
|
242.7
|
135.2
|
314.9
|
207.4
|
2,714.3
|
45.6
|
|
2037
|
246.3
|
146.5
|
328.9
|
229.1
|
2,559.7
|
75.5
|
|
2038
|
249.9
|
158.4
|
343.0
|
251.5
|
2,377.4
|
107.7
|
|
2039
|
273.9
|
170.9
|
357.0
|
254.0
|
2,187.1
|
121.0
|
|
2040
|
294.4
|
184.1
|
370.3
|
260.0
|
1,985.0
|
138.5
|
|
2041
|
315.4
|
198.0
|
384.6
|
267.2
|
1,769.3
|
157.9
|
|
2042
|
336.9
|
212.5
|
399.5
|
275.2
|
1,538.9
|
178.8
|
|
2043
|
358.9
|
227.9
|
415.0
|
284.0
|
1,292.5
|
201.6
|
|
2044
|
381.3
|
244.1
|
431.1
|
293.8
|
1,028.7
|
226.2
|
|
2045
|
404.3
|
260.7
|
447.0
|
303.4
|
747.0
|
251.7
|
|
2046
|
427.8
|
277.7
|
464.0
|
313.9
|
446.1
|
279.2
|
|
2047
|
451.8
|
295.1
|
481.6
|
324.9
|
124.9
|
308.2
|
|
2048
|
476.4
|
312.8
|
499.6
|
336.0
|
-217.5
|
338.7
|
|
2049
|
501.5
|
330.8
|
518.2
|
347.5
|
-581.9
|
370.8
|
|
2050
|
527.1
|
349.2
|
536.7
|
358.7
|
-968.9
|
403.9
|
|
2051
|
553.3
|
368.0
|
555.8
|
370.5
|
-1,379.5
|
438.9
|
|
2052
|
580.1
|
387.2
|
575.5
|
382.5
|
-1,814.9
|
475.6
|
|
2053
|
607.5
|
406.8
|
595.3
|
394.6
|
-2,275.8
|
513.7
|
|
2054
|
635.5
|
426.8
|
615.4
|
406.7
|
-2,763.0
|
553.5
|
|
2055
|
664.2
|
445.6
|
635.6
|
417.1
|
-3,275.5
|
592.9
|
|
2056
|
693.5
|
464.8
|
655.9
|
427.2
|
-3,813.7
|
633.6
|
|
2057
|
723.6
|
484.3
|
676.4
|
437.1
|
-4,378.3
|
675.7
|
|
2058
|
754.3
|
504.1
|
696.8
|
446.6
|
-4,969.7
|
718.9
|
|
2059
|
785.7
|
524.3
|
717.3
|
456.0
|
-5,588.5
|
763.5
|
|
2060
|
817.8
|
545.0
|
737.9
|
465.1
|
-6,235.2
|
809.5
|
|
2061
|
850.5
|
566.1
|
758.7
|
474.2
|
-6,910.7
|
857.1
|
|
2062
|
884.0
|
587.7
|
779.8
|
483.5
|
-7,616.0
|
906.6
|
|
2063
|
918.2
|
609.7
|
801.4
|
492.9
|
-8,352.1
|
958.0
|
|
2064
|
953.1
|
632.4
|
823.3
|
502.5
|
-9,120.3
|
1,011.4
|
|
2065
|
965.6
|
652.1
|
845.8
|
532.4
|
-9,942.2
|
1,087.6
|
|
2066
|
978.2
|
672.2
|
868.8
|
562.8
|
-10,820.1
|
1,167.5
|
|
2067
|
991.0
|
692.6
|
892.2
|
593.8
|
-11,756.4
|
1,251.4
|
|
2068
|
1,003.9
|
713.2
|
916.2
|
625.5
|
-12,753.4
|
1,339.4
|
|
2069
|
1,016.9
|
734.1
|
940.7
|
657.8
|
-13,813.5
|
1,431.6
|
|
2070
|
1,030.1
|
755.3
|
963.6
|
688.8
|
-14,937.4
|
1,526.2
|
|
2071
|
1,043.3
|
776.8
|
986.8
|
720.3
|
-16,127.5
|
1,625.1
|
|
2072
|
1,056.7
|
798.7
|
1,010.3
|
752.4
|
-17,386.2
|
1,728.5
|
|
2073
|
1,070.2
|
820.9
|
1,034.2
|
784.9
|
-18,716.3
|
1,836.4
|
|
2074
|
1,083.8
|
843.5
|
1,058.5
|
818.2
|
-20,120.5
|
1,949.4
|
|
2075
|
1,097.6
|
866.5
|
1,083.2
|
852.1
|
-21,601.7
|
2,067.3
|
|
2076
|
1,111.5
|
889.9
|
1,108.2
|
886.5
|
-23,162.9
|
2,190.4
|
|
2077
|
1,125.7
|
913.8
|
1,133.5
|
921.6
|
-24,807.1
|
2,318.8
|
|
2078
|
1,140.0
|
938.2
|
1,159.1
|
957.2
|
-26,537.2
|
2,452.7
|
|
Based on Intermediate Assumptions of the 2003 Trustees Report.
1/ Excluding the effect of general fund transfers to the Trust Funds, which do not affect the unified budget.
|
|
Office of the Chief Actuary
Social Security Administration
September 9, 2003
|