Detailed Single Year Tables

Retirement Age	Description of Proposed Provision: Shorten the hiatus in the normal retirement age (start increasing to age 67 for those age 62 in 2009)

Financial Estimates for the OASDI Trust Fund Program
Calendar year	Cost rate	Income rate	Annual balance	Trust fund ratio as of January 1	With this provision	Present law	Percentage increase
	Percentage of taxable payroll			Trust fund ratio as of January 1	OASDI taxable payroll (in billions of dollars)
2008	11.20	12.77	1.57	359	5,567	5,567	0.0
2009	11.26	12.81	1.54	369	5,859	5,859	0.0
2010	11.36	12.82	1.47	379	6,155	6,155	0.0
2011	11.51	12.84	1.33	387	6,450	6,449	0.0
2012	11.72	12.87	1.15	393	6,747	6,746	0.0
2013	11.96	12.90	0.94	397	7,057	7,055	0.0
2014	12.21	12.91	0.70	399	7,376	7,373	0.0
2015	12.47	12.93	0.46	400	7,705	7,701	0.1
2016	12.71	12.95	0.24	399	8,045	8,039	0.1
2017	12.98	12.97	-0.01	397	8,397	8,390	0.1
2018	13.24	12.99	-0.25	393	8,766	8,759	0.1
2019	13.52	13.01	-0.51	387	9,149	9,142	0.1
2020	13.80	13.03	-0.78	380	9,547	9,539	0.1
2021	14.08	13.04	-1.04	372	9,959	9,952	0.1
2022	14.36	13.06	-1.29	363	10,387	10,381	0.1
2023	14.63	13.08	-1.55	352	10,831	10,827	0.0
2024	14.89	13.10	-1.79	341	11,297	11,293	0.0
2025	15.14	13.11	-2.03	328	11,780	11,777	0.0
2026	15.40	13.13	-2.27	314	12,285	12,284	0.0
2027	15.64	13.15	-2.49	299	12,811	12,810	0.0
2028	15.85	13.16	-2.69	284	13,361	13,360	0.0
2029	16.06	13.17	-2.88	268	13,937	13,937	0.0
2030	16.23	13.18	-3.05	251	14,539	14,539	0.0
2031	16.38	13.19	-3.18	234	15,172	15,172	0.0
2032	16.50	13.20	-3.29	216	15,833	15,833	0.0
2033	16.59	13.21	-3.38	198	16,528	16,528	0.0
2034	16.66	13.22	-3.44	180	17,257	17,257	0.0
2035	16.71	13.22	-3.49	161	18,017	18,017	0.0
2036	16.75	13.22	-3.52	142	18,810	18,810	0.0
2037	16.77	13.23	-3.54	123	19,640	19,640	0.0
2038	16.77	13.23	-3.54	104	20,509	20,509	0.0
2039	16.75	13.23	-3.52	85	21,420	21,420	0.0
2040	16.73	13.23	-3.50	65	22,373	22,373	0.0
2041	16.70	13.23	-3.47	45	23,368	23,368	0.0
2042	16.67	13.23	-3.44	25	24,408	24,408	0.0
2043	16.64	13.23	-3.41	5	25,494	25,494	0.0
2044	16.60	13.23	-3.37	----	26,630	26,630	0.0
2045	16.58	13.23	-3.35	----	27,812	27,812	0.0
2046	16.55	13.23	-3.33	----	29,043	29,043	0.0
2047	16.53	13.23	-3.31	----	30,327	30,327	0.0
2048	16.52	13.23	-3.29	----	31,666	31,666	0.0
2049	16.51	13.23	-3.28	----	33,062	33,062	0.0
2050	16.50	13.23	-3.28	----	34,514	34,514	0.0
2051	16.51	13.23	-3.28	----	36,028	36,028	0.0
2052	16.51	13.23	-3.28	----	37,612	37,612	0.0
2053	16.53	13.23	-3.30	----	39,267	39,267	0.0
2054	16.54	13.23	-3.31	----	40,993	40,993	0.0
2055	16.56	13.23	-3.33	----	42,793	42,793	0.0
2056	16.59	13.24	-3.35	----	44,666	44,666	0.0
2057	16.61	13.24	-3.38	----	46,625	46,625	0.0
2058	16.64	13.24	-3.40	----	48,670	48,670	0.0
2059	16.66	13.24	-3.42	----	50,809	50,809	0.0
2060	16.69	13.24	-3.44	----	53,039	53,039	0.0
2061	16.71	13.25	-3.47	----	55,363	55,363	0.0
2062	16.74	13.25	-3.49	----	57,794	57,794	0.0
2063	16.77	13.25	-3.52	----	60,331	60,331	0.0
2064	16.79	13.25	-3.54	----	62,981	62,981	0.0
2065	16.82	13.25	-3.57	----	65,746	65,746	0.0
2066	16.85	13.26	-3.60	----	68,626	68,626	0.0
2067	16.89	13.26	-3.63	----	71,635	71,635	0.0
2068	16.92	13.26	-3.66	----	74,778	74,778	0.0
2069	16.95	13.26	-3.69	----	78,052	78,052	0.0
2070	16.99	13.26	-3.72	----	81,460	81,460	0.0
2071	17.03	13.27	-3.76	----	85,014	85,014	0.0
2072	17.06	13.27	-3.79	----	88,734	88,734	0.0
2073	17.10	13.27	-3.83	----	92,613	92,613	0.0
2074	17.14	13.27	-3.87	----	96,656	96,656	0.0
2075	17.18	13.28	-3.91	----	100,875	100,875	0.0
2076	17.23	13.28	-3.95	----	105,268	105,268	0.0
2077	17.27	13.28	-3.99	----	109,853	109,853	0.0
2078	17.31	13.28	-4.03	----	114,625	114,625	0.0
2079	17.36	13.29	-4.07	----	119,604	119,604	0.0
2080	17.41	13.29	-4.12	----	124,794	124,794	0.0
2081	17.45	13.29	-4.16	----	130,212	130,212	0.0
2082	17.50	13.29	-4.20	----	135,862	135,862	0.0
2083	17.54	13.30	-4.25	----	141,756	141,756	0.0
2084	17.59	13.30	-4.29	----	147,912	147,912	0.0
2085	17.63	13.30	-4.33	----	154,350	154,350	0.0

Summarized Rates
	Years	Cost rate	Income rate	Actuarial balance		Change in actuarial balance
	2008-2082	15.53%	13.93%	-1.6%		0.1%


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Detailed Single Year Tables

Description of Proposed Provision: Shorten the hiatus in the normal retirement age (start increasing to age 67 for those age 62 in 2009)

Description of Proposed Provision:
Shorten the hiatus in the normal retirement age (start increasing to age 67 for those age 62 in 2009)