Skip to content
Social Security Online
Actuarial Publications
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables

Description of Proposed Provision:
After the normal retirement age (NRA) reaches 67 for those age 62 in 2022, increase the NRA 2 months per year until it reaches 69 for individuals attaining age 62 in 2034. Thereafter, increase the NRA 1 month every 2 years.

 

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
201614.0512.94-1.10
303
0.000.000.00
201713.7212.92-0.80
293
0.000.000.00
201813.8612.96-0.90
277
0.000.000.00
201913.9912.97-1.02
262
0.000.000.00
202014.1312.98-1.15
246
0.000.000.00
202114.2713.00-1.27
231
0.000.000.00
202214.4913.03-1.46
216
0.000.000.00
202314.7513.06-1.69
200
-0.010.000.01
202415.0013.09-1.91
183
-0.020.000.02
202515.2513.11-2.14
166
-0.030.000.03
202615.4313.13-2.30
149
-0.040.000.04
202715.5913.14-2.45
133
-0.060.000.06
202815.7413.16-2.59
116
-0.070.000.07
202915.8513.17-2.68
100
-0.120.000.11
203015.9313.18-2.76
84
-0.170.000.17
203115.9913.18-2.81
68
-0.23-0.010.22
203216.0313.19-2.84
51
-0.29-0.010.28
203316.0513.20-2.86
34
-0.36-0.010.35
203416.0413.20-2.84
17
-0.42-0.010.41
203516.0113.20-2.81
----
-0.48-0.020.47
203616.0013.20-2.80
----
-0.55-0.020.53
203715.9813.21-2.78
----
-0.62-0.020.60
203815.9313.21-2.73
----
-0.68-0.020.66
203915.8713.20-2.67
----
-0.74-0.030.71
204015.7913.20-2.59
----
-0.80-0.030.77
204115.7113.20-2.51
----
-0.85-0.030.82
204215.6313.20-2.43
----
-0.90-0.030.87
204315.5513.19-2.35
----
-0.95-0.040.92
204415.4613.19-2.27
----
-1.00-0.040.97
204515.3913.19-2.21
----
-1.05-0.041.01
204615.3213.19-2.13
----
-1.10-0.041.06
204715.2513.18-2.06
----
-1.15-0.051.11
204815.1813.18-2.00
----
-1.20-0.051.15
204915.1213.18-1.94
----
-1.25-0.051.20
205015.0613.18-1.88
----
-1.30-0.051.24
205115.0213.18-1.84
----
-1.34-0.061.28
205214.9913.18-1.81
----
-1.38-0.061.33
205314.9713.18-1.79
----
-1.43-0.061.37
205414.9513.18-1.77
----
-1.47-0.061.41
205514.9513.18-1.77
----
-1.52-0.061.45
205614.9413.18-1.76
----
-1.56-0.071.50
205714.9513.18-1.77
----
-1.61-0.071.54
205814.9613.18-1.78
----
-1.64-0.071.57
205914.9813.19-1.79
----
-1.68-0.071.60
206015.0013.19-1.81
----
-1.71-0.071.63
206115.0313.19-1.84
----
-1.73-0.081.65
206215.0513.19-1.86
----
-1.75-0.081.68
206315.0813.20-1.89
----
-1.78-0.081.70
206415.1113.20-1.91
----
-1.80-0.081.72
206515.1413.20-1.94
----
-1.82-0.081.74
206615.1813.20-1.97
----
-1.83-0.081.75
206715.2113.21-2.01
----
-1.85-0.081.77
206815.2513.21-2.04
----
-1.87-0.081.78
206915.2813.21-2.07
----
-1.89-0.081.80
207015.3113.21-2.10
----
-1.91-0.081.83
207115.3213.22-2.11
----
-1.94-0.081.86
207215.3413.22-2.12
----
-1.97-0.081.88
207315.3513.22-2.13
----
-1.99-0.091.90
207415.3713.22-2.15
----
-2.00-0.091.91
207515.3813.22-2.15
----
-2.01-0.091.93
207615.3813.22-2.16
----
-2.02-0.091.94
207715.3813.22-2.16
----
-2.03-0.091.94
207815.3713.22-2.15
----
-2.04-0.091.95
207915.3613.22-2.14
----
-2.05-0.091.96
208015.3413.22-2.12
----
-2.06-0.091.97
208115.3213.22-2.10
----
-2.08-0.091.99
208215.3113.22-2.09
----
-2.10-0.092.01
208315.3013.22-2.08
----
-2.12-0.092.03
208415.2913.22-2.07
----
-2.15-0.092.05
208515.3013.22-2.08
----
-2.17-0.092.08
208615.3013.22-2.08
----
-2.21-0.102.11
208715.3113.22-2.09
----
-2.23-0.102.14
208815.3313.22-2.11
----
-2.25-0.102.16
208915.3613.23-2.14
----
-2.27-0.102.17
209015.4013.23-2.17
----
-2.28-0.102.18
209115.4313.23-2.20
----
-2.29-0.102.19



 

Summarized Estimates

 
  Proposal
  Change from Present Law
Years Cost
rate
Income
rate
Actuarial
balance

Year of reserve
depletion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2016 Trustees Report.
2016-2090 15.40% 13.80% -1.60%
2034
-1.10% -0.05% 1.06%
 
1 Under present law, the year of Trust Fund reserve depletion is 2034.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified June 16, 2016