Table VI.E2.-- Estimated OASDI and HI Annual Income Rates, Cost Rates, and Balances, 1Calendar Years 2002-80
Low Cost Assumptions
[As a percentage of taxable payroll 1]


OASDI
 HI
 Combined
Calendar
year		 Income
rate		 Cost
rate		 Balance Income
rate		 Cost
rate		 Balance Income
rate		 Cost
rate		 Balance
2002 12.73 10.71 2.01 3.06 2.66 0.40 15.79 13.37 2.42
2003 12.71 10.30 2.41 3.06 2.52 .54 15.78 12.83 2.95
2004 12.71 10.13 2.59 3.06 2.48 .58 15.78 12.60 3.17
2005 12.71 10.06 2.66 3.06 2.44 .62 15.78 12.50 3.28
2006 12.71 10.04 2.67 3.06 2.41 .65 15.78 12.45 3.32
2007 12.72 10.06 2.66 3.07 2.38 .69 15.79 12.44 3.34
2008 12.73 10.09 2.64 3.07 2.37 .71 15.80 12.46 3.35
2009 12.74 10.16 2.58 3.08 2.35 .73 15.82 12.51 3.31
2010 12.75 10.26 2.50 3.09 2.34 .75 15.85 12.60 3.25
2011 12.80 10.38 2.42 3.11 2.34 .77 15.91 12.72 3.19
2012 12.81 10.54 2.27 3.12 2.35 .77 15.92 12.89 3.04
2013 12.82 10.73 2.09 3.13 2.35 .77 15.95 13.09 2.86
2014 12.84 10.95 1.89 3.13 2.36 .77 15.97 13.31 2.66
2015 12.85 11.19 1.66 3.14 2.38 .77 15.99 13.57 2.42
2016 12.87 11.47 1.41 3.15 2.39 .76 16.02 13.86 2.16
2017 12.89 11.76 1.13 3.16 2.41 .75 16.05 14.17 1.88
2018 12.91 12.06 .84 3.17 2.44 .73 16.08 14.50 1.58
2019 12.93 12.38 .55 3.18 2.46 .72 16.11 14.84 1.27
2020 12.95 12.71 .24 3.19 2.49 .70 16.14 15.19 .95
2021 12.97 13.02 -.05 3.20 2.51 .69 16.17 15.53 .63
2022 12.98 13.31 -.33 3.21 2.54 .67 16.19 15.86 .34
2023 13.00 13.59 -.59 3.22 2.58 .64 16.22 16.17 .05
2024 13.02 13.85 -.83 3.23 2.61 .62 16.25 16.46 -.21
2025 13.03 14.09 -1.05 3.24 2.63 .60 16.27 16.72 -.45
2026 13.05 14.31 -1.26 3.24 2.66 .58 16.29 16.97 -.68
2027 13.06 14.51 -1.44 3.25 2.70 .55 16.31 17.20 -.89
2028 13.08 14.68 -1.60 3.26 2.73 .52 16.33 17.41 -1.08
2029 13.09 14.81 -1.73 3.26 2.77 .49 16.35 17.58 -1.23
2030 13.10 14.92 -1.82 3.27 2.80 .47 16.36 17.72 -1.35
2031 13.10 15.00 -1.89 3.27 2.83 .44 16.38 17.83 -1.45
2032 13.11 15.06 -1.94 3.27 2.86 .41 16.39 17.92 -1.53
2033 13.12 15.09 -1.97 3.28 2.89 .38 16.39 17.98 -1.59
2034 13.12 15.09 -1.97 3.28 2.93 .35 16.40 18.01 -1.61
2035 13.12 15.06 -1.94 3.28 2.96 .32 16.40 18.02 -1.62
2036 13.12 15.01 -1.89 3.28 2.99 .29 16.40 18.00 -1.60
2037 13.12 14.95 -1.83 3.28 3.02 .26 16.40 17.97 -1.57
2038 13.12 14.88 -1.76 3.28 3.04 .23 16.40 17.92 -1.52
2039 13.12 14.79 -1.68 3.28 3.07 .21 16.40 17.87 -1.47
2040 13.12 14.71 -1.59 3.28 3.10 .17 16.39 17.81 -1.42
2041 13.12 14.63 -1.51 3.27 3.13 .14 16.39 17.76 -1.37
2042 13.11 14.56 -1.44 3.27 3.16 .12 16.39 17.71 -1.33
2043 13.11 14.49 -1.38 3.27 3.19 .09 16.38 17.68 -1.29
2044 13.11 14.43 -1.32 3.27 3.21 .06 16.38 17.65 -1.27
2045 13.11 14.38 -1.27 3.27 3.25 .02 16.38 17.63 -1.25
2046 13.11 14.34 -1.23 3.27 3.28 -.01 16.38 17.62 -1.24
2047 13.11 14.30 -1.19 3.27 3.32 -.05 16.38 17.62 -1.24
2048 13.11 14.27 -1.16 3.27 3.35 -.08 16.38 17.62 -1.24
2049 13.11 14.24 -1.13 3.27 3.39 -.12 16.38 17.62 -1.25
2050 13.11 14.21 -1.11 3.27 3.43 -.16 16.38 17.64 -1.26
2051 13.11 14.20 -1.09 3.27 3.47 -.20 16.38 17.67 -1.29
2052 13.11 14.19 -1.08 3.27 3.51 -.25 16.38 17.71 -1.33
2053 13.11 14.19 -1.08 3.27 3.56 -.29 16.38 17.75 -1.37
2054 13.11 14.20 -1.09 3.27 3.60 -.33 16.38 17.80 -1.42
2055 13.11 14.20 -1.09 3.27 3.65 -.38 16.38 17.86 -1.47
2056 13.11 14.21 -1.09 3.27 3.71 -.44 16.39 17.92 -1.53
2057 13.12 14.21 -1.10 3.27 3.76 -.49 16.39 17.98 -1.59
2058 13.12 14.21 -1.10 3.27 3.82 -.54 16.39 18.03 -1.64
2059 13.12 14.21 -1.09 3.27 3.87 -.60 16.39 18.08 -1.69
2060 13.12 14.21 -1.09 3.27 3.93 -.66 16.39 18.14 -1.75
2061 13.12 14.20 -1.08 3.27 3.99 -.72 16.39 18.19 -1.80
2062 13.12 14.19 -1.07 3.27 4.06 -.79 16.39 18.25 -1.86
2063 13.12 14.19 -1.07 3.27 4.13 -.85 16.39 18.32 -1.92
2064 13.12 14.19 -1.07 3.27 4.20 -.92 16.39 18.38 -1.99
2065 13.12 14.18 -1.06 3.27 4.27 -1.00 16.40 18.45 -2.06
2066 13.12 14.18 -1.06 3.27 4.35 -1.07 16.40 18.53 -2.13
2067 13.12 14.18 -1.06 3.27 4.42 -1.15 16.40 18.61 -2.21
2068 13.12 14.18 -1.06 3.27 4.50 -1.23 16.40 18.68 -2.29
2069 13.12 14.18 -1.06 3.27 4.58 -1.31 16.40 18.77 -2.37
2070 13.12 14.19 -1.06 3.27 4.66 -1.39 16.40 18.85 -2.45
2071 13.12 14.19 -1.07 3.27 4.75 -1.47 16.40 18.94 -2.54
2072 13.13 14.20 -1.07 3.28 4.83 -1.55 16.40 19.02 -2.62
2073 13.13 14.20 -1.08 3.28 4.91 -1.63 16.40 19.11 -2.71
2074 13.13 14.22 -1.09 3.28 4.99 -1.72 16.40 19.21 -2.80
2075 13.13 14.23 -1.10 3.28 5.08 -1.80 16.40 19.30 -2.90
2076 13.13 14.24 -1.11 3.28 5.16 -1.88 16.41 19.40 -3.00
2077 13.13 14.26 -1.13 3.28 5.24 -1.97 16.41 19.50 -3.09
2078 13.13 14.28 -1.14 3.28 5.33 -2.06 16.41 19.61 -3.20
2079 13.13 14.29 -1.16 3.28 5.42 -2.14 16.41 19.71 -3.30
2080 13.13 14.31 -1.18 3.28 5.51 -2.23 16.41 19.82 -3.41
1 The taxable payroll for HI is significantly larger than the taxable payroll for OASDI because the HI taxable maximum amount was eliminated beginning 1994, and because HI covers all Federal civilian employees, including those hired before 1984, all State and local government employees hired after April 1, 1986, and railroad employees. Combined OASDI and HI rates are computed as the sum of the separately derived rates for each program.

Notes:
1. The income rate excludes interest income and certain transfers from the general fund of the Treasury.
2. Totals do not necessarily equal the sums of rounded components.

Return to list of tables.

 Link to FirstGov.gov: U.S. Government portal Privacy Policy | Website Policies & Other Important Information  | Site Map  | Actuarial Publications 3/26/2002