Detailed Single Year Tables
Description of Proposed Provision:
B7.13: Eliminate the DI 5-month waiting period for disabled workers and disabled surviving spouses, and eliminate the 24-month Medicare (HI) waiting period for individuals who have become entitled to Social Security disability benefits. Effective with 2025 applications.
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 | 15.04 | 12.89 | -2.14 | 170 | 0.03 | 0.00 | -0.03 | ||
| 2026 | 15.26 | 13.07 | -2.19 | 151 | 0.06 | 0.00 | -0.06 | ||
| 2027 | 15.43 | 13.11 | -2.33 | 133 | 0.07 | 0.00 | -0.07 | ||
| 2028 | 15.49 | 13.13 | -2.35 | 116 | 0.07 | 0.00 | -0.07 | ||
| 2029 | 15.54 | 13.16 | -2.38 | 99 | 0.07 | 0.00 | -0.07 | ||
| 2030 | 15.60 | 13.18 | -2.42 | 82 | 0.07 | 0.00 | -0.07 | ||
| 2031 | 15.65 | 13.20 | -2.45 | 66 | 0.07 | 0.00 | -0.07 | ||
| 2032 | 15.68 | 13.22 | -2.46 | 50 | 0.08 | 0.00 | -0.08 | ||
| 2033 | 15.74 | 13.26 | -2.47 | 34 | 0.08 | 0.00 | -0.08 | ||
| 2034 | 15.85 | 13.28 | -2.58 | 19 | 0.08 | 0.00 | -0.08 | ||
| 2035 | 15.97 | 13.29 | -2.68 | 3 | 0.08 | 0.00 | -0.08 | ||
| 2036 | 16.07 | 13.30 | -2.77 | — | 0.08 | 0.00 | -0.08 | ||
| 2037 | 16.17 | 13.30 | -2.87 | — | 0.08 | 0.00 | -0.08 | ||
| 2038 | 16.26 | 13.31 | -2.95 | — | 0.08 | 0.00 | -0.08 | ||
| 2039 | 16.34 | 13.32 | -3.02 | — | 0.09 | 0.00 | -0.09 | ||
| 2040 | 16.41 | 13.32 | -3.08 | — | 0.09 | 0.00 | -0.09 | ||
| 2041 | 16.47 | 13.33 | -3.14 | — | 0.09 | 0.00 | -0.09 | ||
| 2042 | 16.53 | 13.33 | -3.19 | — | 0.09 | 0.00 | -0.09 | ||
| 2043 | 16.57 | 13.34 | -3.23 | — | 0.09 | 0.00 | -0.09 | ||
| 2044 | 16.61 | 13.34 | -3.27 | — | 0.09 | 0.00 | -0.09 | ||
| 2045 | 16.65 | 13.35 | -3.30 | — | 0.10 | 0.00 | -0.09 | ||
| 2046 | 16.68 | 13.35 | -3.33 | — | 0.10 | 0.00 | -0.10 | ||
| 2047 | 16.72 | 13.35 | -3.37 | — | 0.10 | 0.00 | -0.10 | ||
| 2048 | 16.76 | 13.36 | -3.41 | — | 0.10 | 0.00 | -0.10 | ||
| 2049 | 16.81 | 13.36 | -3.45 | — | 0.10 | 0.00 | -0.10 | ||
| 2050 | 16.86 | 13.36 | -3.49 | — | 0.10 | 0.00 | -0.10 | ||
| 2051 | 16.91 | 13.37 | -3.54 | — | 0.10 | 0.00 | -0.10 | ||
| 2052 | 16.97 | 13.37 | -3.60 | — | 0.10 | 0.00 | -0.10 | ||
| 2053 | 17.03 | 13.38 | -3.65 | — | 0.10 | 0.00 | -0.10 | ||
| 2054 | 17.10 | 13.39 | -3.72 | — | 0.10 | 0.00 | -0.10 | ||
| 2055 | 17.18 | 13.39 | -3.79 | — | 0.10 | 0.00 | -0.10 | ||
| 2056 | 17.26 | 13.40 | -3.86 | — | 0.10 | 0.00 | -0.10 | ||
| 2057 | 17.34 | 13.40 | -3.94 | — | 0.10 | 0.00 | -0.10 | ||
| 2058 | 17.43 | 13.41 | -4.02 | — | 0.10 | 0.00 | -0.10 | ||
| 2059 | 17.52 | 13.42 | -4.10 | — | 0.10 | 0.00 | -0.10 | ||
| 2060 | 17.60 | 13.43 | -4.17 | — | 0.10 | 0.00 | -0.10 | ||
| 2061 | 17.68 | 13.43 | -4.25 | — | 0.10 | 0.00 | -0.10 | ||
| 2062 | 17.75 | 13.44 | -4.31 | — | 0.10 | 0.00 | -0.10 | ||
| 2063 | 17.82 | 13.44 | -4.38 | — | 0.10 | 0.00 | -0.10 | ||
| 2064 | 17.89 | 13.45 | -4.44 | — | 0.10 | 0.00 | -0.10 | ||
| 2065 | 17.95 | 13.45 | -4.50 | — | 0.10 | 0.00 | -0.10 | ||
| 2066 | 18.01 | 13.46 | -4.55 | — | 0.10 | 0.00 | -0.10 | ||
| 2067 | 18.08 | 13.46 | -4.61 | — | 0.10 | 0.00 | -0.10 | ||
| 2068 | 18.14 | 13.47 | -4.67 | — | 0.10 | 0.00 | -0.10 | ||
| 2069 | 18.21 | 13.48 | -4.74 | — | 0.10 | 0.00 | -0.10 | ||
| 2070 | 18.28 | 13.48 | -4.80 | — | 0.10 | 0.00 | -0.10 | ||
| 2071 | 18.35 | 13.49 | -4.86 | — | 0.10 | 0.00 | -0.09 | ||
| 2072 | 18.41 | 13.49 | -4.92 | — | 0.10 | 0.00 | -0.09 | ||
| 2073 | 18.47 | 13.50 | -4.97 | — | 0.10 | 0.00 | -0.09 | ||
| 2074 | 18.53 | 13.50 | -5.03 | — | 0.09 | 0.00 | -0.09 | ||
| 2075 | 18.58 | 13.50 | -5.07 | — | 0.09 | 0.00 | -0.09 | ||
| 2076 | 18.62 | 13.51 | -5.11 | — | 0.09 | 0.00 | -0.09 | ||
| 2077 | 18.65 | 13.51 | -5.14 | — | 0.09 | 0.00 | -0.09 | ||
| 2078 | 18.68 | 13.51 | -5.16 | — | 0.09 | 0.00 | -0.09 | ||
| 2079 | 18.69 | 13.52 | -5.17 | — | 0.09 | 0.00 | -0.09 | ||
| 2080 | 18.69 | 13.52 | -5.17 | — | 0.09 | 0.00 | -0.09 | ||
| 2081 | 18.68 | 13.52 | -5.16 | — | 0.09 | 0.00 | -0.09 | ||
| 2082 | 18.66 | 13.52 | -5.15 | — | 0.09 | 0.00 | -0.09 | ||
| 2083 | 18.64 | 13.51 | -5.12 | — | 0.09 | 0.00 | -0.09 | ||
| 2084 | 18.61 | 13.51 | -5.09 | — | 0.09 | 0.00 | -0.09 | ||
| 2085 | 18.56 | 13.51 | -5.05 | — | 0.09 | 0.00 | -0.09 | ||
| 2086 | 18.51 | 13.51 | -5.00 | — | 0.09 | 0.00 | -0.09 | ||
| 2087 | 18.46 | 13.50 | -4.95 | — | 0.09 | 0.00 | -0.09 | ||
| 2088 | 18.40 | 13.50 | -4.90 | — | 0.09 | 0.00 | -0.09 | ||
| 2089 | 18.34 | 13.50 | -4.84 | — | 0.09 | 0.00 | -0.09 | ||
| 2090 | 18.29 | 13.49 | -4.79 | — | 0.10 | 0.00 | -0.09 | ||
| 2091 | 18.24 | 13.49 | -4.75 | — | 0.10 | 0.00 | -0.09 | ||
| 2092 | 18.20 | 13.49 | -4.71 | — | 0.10 | 0.00 | -0.09 | ||
| 2093 | 18.18 | 13.49 | -4.69 | — | 0.10 | 0.00 | -0.10 | ||
| 2094 | 18.16 | 13.48 | -4.68 | — | 0.10 | 0.00 | -0.10 | ||
| 2095 | 18.16 | 13.48 | -4.68 | — | 0.10 | 0.00 | -0.10 | ||
| 2096 | 18.17 | 13.49 | -4.69 | — | 0.10 | 0.00 | -0.10 | ||
| 2097 | 18.19 | 13.49 | -4.71 | — | 0.10 | 0.00 | -0.10 | ||
| 2098 | 18.22 | 13.49 | -4.73 | — | 0.10 | 0.00 | -0.10 | ||
| 2099 | 18.26 | 13.49 | -4.76 | — | 0.10 | 0.00 | -0.10 | ||
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 | 17.39% | 13.80% | -3.59% | 2035 | 0.09% | 0.00% | -0.09% | ||
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.