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Detailed Single Year Tables

Description of Proposed Provision:
Reduce benefits by 5 percent for those newly eligible for benefits in 2011 and later.

 

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
201013.0912.33-0.76
355
0.000.000.00
201113.0312.91-0.11
353
-0.010.000.01
201212.8112.870.06
351
-0.030.000.03
201312.7612.900.14
348
-0.060.000.06
201412.7712.920.15
344
-0.090.000.09
201512.8512.930.08
340
-0.13-0.010.12
201612.9312.950.02
336
-0.17-0.010.16
201713.0912.98-0.12
332
-0.21-0.010.20
201813.3013.00-0.29
328
-0.25-0.010.24
201913.5513.01-0.53
322
-0.29-0.010.28
202013.8113.03-0.78
315
-0.33-0.020.32
202114.0813.05-1.03
307
-0.37-0.020.36
202214.3313.07-1.27
298
-0.41-0.020.39
202314.5813.08-1.50
288
-0.45-0.020.43
202414.8013.09-1.71
278
-0.49-0.020.46
202515.0213.11-1.91
266
-0.52-0.030.49
202615.2113.12-2.09
254
-0.55-0.030.52
202715.3713.13-2.24
241
-0.58-0.030.55
202815.5213.14-2.38
228
-0.61-0.030.58
202915.6513.15-2.50
214
-0.64-0.030.60
203015.7513.16-2.59
200
-0.66-0.030.63
203115.8213.17-2.66
185
-0.68-0.030.65
203215.8913.17-2.72
170
-0.70-0.040.67
203315.9413.18-2.76
155
-0.72-0.040.68
203415.9713.18-2.79
140
-0.74-0.040.70
203515.9813.19-2.79
124
-0.75-0.040.71
203615.9813.19-2.79
108
-0.76-0.040.72
203715.9613.19-2.78
93
-0.77-0.040.73
203815.9313.19-2.74
77
-0.78-0.040.74
203915.8913.19-2.71
61
-0.79-0.040.75
204015.8513.19-2.66
45
-0.79-0.040.75
204115.8013.19-2.62
30
-0.80-0.040.75
204215.7513.19-2.57
14
-0.80-0.040.76
204315.7113.19-2.53
----
-0.80-0.040.76
204415.6713.18-2.49
----
-0.80-0.040.76
204515.6413.18-2.46
----
-0.80-0.040.76
204615.6113.18-2.43
----
-0.80-0.040.76
204715.5913.18-2.41
----
-0.81-0.040.76
204815.5713.18-2.39
----
-0.81-0.040.76
204915.5513.18-2.36
----
-0.81-0.040.76
205015.5313.18-2.34
----
-0.81-0.040.76
205115.5213.18-2.33
----
-0.81-0.040.76
205215.5213.18-2.33
----
-0.81-0.040.77
205315.5213.19-2.34
----
-0.81-0.040.77
205415.5413.19-2.35
----
-0.81-0.040.77
205515.5613.19-2.37
----
-0.81-0.040.77
205615.5813.19-2.39
----
-0.81-0.040.77
205715.6013.19-2.41
----
-0.82-0.040.77
205815.6213.20-2.43
----
-0.82-0.040.77
205915.6413.20-2.44
----
-0.82-0.040.78
206015.6613.20-2.46
----
-0.82-0.040.78
206115.6913.20-2.48
----
-0.82-0.040.78
206215.7113.20-2.51
----
-0.82-0.040.78
206315.7313.21-2.53
----
-0.82-0.040.78
206415.7613.21-2.55
----
-0.83-0.040.78
206515.7913.21-2.58
----
-0.83-0.040.78
206615.8213.21-2.61
----
-0.83-0.040.79
206715.8513.21-2.64
----
-0.83-0.040.79
206815.8913.22-2.67
----
-0.83-0.040.79
206915.9313.22-2.71
----
-0.84-0.040.79
207015.9713.22-2.75
----
-0.84-0.040.79
207116.0113.23-2.78
----
-0.84-0.040.80
207216.0513.23-2.82
----
-0.84-0.040.80
207316.0913.23-2.86
----
-0.84-0.050.80
207416.1413.23-2.90
----
-0.85-0.050.80
207516.1813.24-2.94
----
-0.85-0.050.80
207616.2213.24-2.98
----
-0.85-0.050.81
207716.2613.24-3.02
----
-0.85-0.050.81
207816.3113.25-3.06
----
-0.86-0.050.81
207916.3513.25-3.10
----
-0.86-0.050.81
208016.3913.25-3.14
----
-0.86-0.050.81
208116.4313.25-3.18
----
-0.86-0.050.82
208216.4713.26-3.22
----
-0.87-0.050.82
208316.5213.26-3.26
----
-0.87-0.050.82
208416.5613.26-3.30
----
-0.87-0.050.82
208516.6013.26-3.33
----
-0.87-0.050.83



 

Summarized Estimates

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

Year of
exhaustion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2010 Trustees Report.
2010-2084 15.29% 13.98% -1.32%
2042
-0.63% -0.03% 0.60%
 
1 Under present law, the year of exhaustion is 2037.

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Last reviewed or modified March 2, 2011