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Detailed Single Year Tables

Description of Proposed Provision:
For OASI beneficiaries becoming eligible for benefits in 2021 and later, multiply the PIA factors by the ratio of life expectancy at 67 for 2016 to the life expectancy at age 67 for the 4th year prior to the year of benefit eligibility. Unisex life expectancies, based on period life tables, would be used as projected by SSA's Office of the Chief Actuary. Disability benefits are not affected by the proposal. Disabled worker beneficiaries, upon attaining normal retirement age, would be subject to a proportional reduction in benefits based on the worker's years of disability.

Financial Estimates for the OASDI Trust Fund Program
  Percentage of taxable payroll

Trust fund
ratio as of
January 1
Calendar
year
Cost
rate
Income
rate
Annual
balance
 
200811.2012.771.57 359
200911.2612.811.54 369
201011.3712.821.46 378
201111.5312.841.31 386
201211.7612.871.11 392
201312.0312.900.87 394
201412.3212.920.60 395
201512.6212.940.32 393
201612.9212.960.04 390
201713.2412.99-0.25 385
201813.5413.01-0.53 378
201913.8413.03-0.81 371
202014.1413.04-1.09 361
202114.4213.06-1.35 351
202214.6813.08-1.60 341
202314.9413.10-1.85 329
202415.1913.11-2.07 316
202515.4213.13-2.29 302
202615.6313.14-2.49 288
202715.8313.16-2.68 273
202816.0213.17-2.85 257
202916.1913.18-3.01 240
203016.3313.19-3.14 223
203116.4513.20-3.25 206
203216.5413.21-3.33 188
203316.6013.21-3.39 170
203416.6413.22-3.42 152
203516.6513.22-3.44 133
203616.6613.22-3.44 115
203716.6413.22-3.42 96
203816.6113.22-3.39 77
203916.5613.22-3.34 58
204016.4913.22-3.27 39
204116.4213.22-3.21 20
204216.3513.21-3.14 1
204316.2813.21-3.07 ----
204416.2113.21-3.00 ----
204516.1413.20-2.94 ----
204616.0813.20-2.88 ----
204716.0213.20-2.82 ----
204815.9613.20-2.77 ----
204915.9113.20-2.72 ----
205015.8713.19-2.67 ----
205115.8313.19-2.64 ----
205215.8013.19-2.61 ----
205315.7713.19-2.58 ----
205415.7413.19-2.55 ----
205515.7313.19-2.54 ----
205615.7113.19-2.52 ----
205715.7013.19-2.51 ----
205815.6913.19-2.50 ----
205915.6713.19-2.48 ----
206015.6613.19-2.47 ----
206115.6513.19-2.46 ----
206215.6413.19-2.45 ----
206315.6313.19-2.44 ----
206415.6213.19-2.43 ----
206515.6113.19-2.42 ----
206615.6113.19-2.42 ----
206715.6113.19-2.42 ----
206815.6013.19-2.41 ----
206915.6013.19-2.41 ----
207015.6013.19-2.41 ----
207115.6113.19-2.42 ----
207215.6113.19-2.42 ----
207315.6113.19-2.42 ----
207415.6213.19-2.43 ----
207515.6213.19-2.43 ----
207615.6313.19-2.44 ----
207715.6413.19-2.44 ----
207815.6513.19-2.45 ----
207915.6613.19-2.46 ----
208015.6713.19-2.47 ----
208115.6813.20-2.48 ----
208215.6913.20-2.49 ----
208315.7013.20-2.50 ----
208415.7113.20-2.51 ----
208515.7213.20-2.52 ----


Summarized Rates
Years Cost
rate
Income
rate
Actuarial
balance

Change in
actuarial
balance
 
Estimates based on the Intermediate Assumptions of the 2008 Trustees Report
2008-2082 15.14% 13.91% -1.23%
0.47%

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Last reviewed or modified August 11, 2008