Table VI.E7.-Selected Economic Variables, Calendar Years 2001-2080
Intermediate Cost Assumptions
[GDP and taxable payroll in billions]
Calendar
year		 Adjusted
CPI 1		 SSA average
wage index 2		 Taxable
payroll 3		 Gross
domestic
product		 Compound
interest-rate
factor 4
2001 98.75 33,896.77 4,183 10,197 0.9497
2002 100.00 34,943.24 4,290 10,430 1.0000
2003 102.52 36,608.64 4,537 11,039 1.0630
2004 105.34 38,115.60 4,770 11,681 1.1312
2005 108.44 39,664.00 5,022 12,356 1.2045
2006 111.69 41,286.14 5,286 13,068 1.2825
2007 115.04 42,963.22 5,557 13,814 1.3647
2008 118.50 44,667.24 5,840 14,550 1.4489
2009 122.04 46,445.75 6,125 15,298 1.5371
2010 125.71 48,302.26 6,419 16,070 1.6307
2011 129.48 50,255.81 6,723 16,869 1.7300
2012 133.36 52,350.21 7,040 17,690 1.8354
2013 137.36 54,480.33 7,366 18,541 1.9471
2014 141.48 56,676.39 7,705 19,424 2.0657
2015 145.73 58,956.33 8,053 20,337 2.1915
2016 150.10 61,348.96 8,415 21,285 2.3250
2017 154.60 63,857.11 8,793 22,280 2.4666
2018 159.24 66,438.31 9,186 23,319 2.6168
2019 164.02 69,129.17 9,597 24,407 2.7762
2020 168.94 71,914.19 10,025 25,539 2.9452
2021 174.00 74,829.53 10,470 26,720 3.1246
2022 179.22 77,930.77 10,931 27,952 3.3149
2023 184.60 81,119.30 11,413 29,240 3.5168
2024 190.14 84,432.74 11,918 30,589 3.7309
2025 195.84 87,859.47 12,444 32,000 3.9581
2026 201.72 91,443.14 12,994 33,478 4.1992
2027 207.77 95,249.34 13,570 35,030 4.4549
2028 214.00 99,164.95 14,173 36,658 4.7262
2029 220.42 103,244.47 14,806 38,370 5.0140
2030 227.04 107,472.90 15,470 40,167 5.3194
2031 233.85 111,887.62 16,164 42,051 5.6434
2032 240.86 116,573.76 16,892 44,028 5.9870
2033 248.09 121,404.23 17,653 46,101 6.3516
2034 255.53 126,428.36 18,452 48,278 6.7385
2035 263.20 131,619.33 19,286 50,558 7.1488
2036 271.09 137,035.70 20,158 52,943 7.5842
2037 279.23 142,777.71 21,068 55,438 8.0461
2038 287.60 148,720.52 22,019 58,049 8.5361
2039 296.23 154,889.44 23,013 60,780 9.0559
2040 305.12 161,247.40 24,047 63,631 9.6074
2041 314.27 167,852.72 25,125 66,606 10.1925
2042 323.70 174,811.44 26,246 69,710 10.8132
2043 333.41 182,074.85 27,414 72,947 11.4718
2044 343.41 189,616.28 28,630 76,326 12.1704
2045 353.71 197,388.52 29,895 79,850 12.9116
2046 364.33 205,444.92 31,213 83,525 13.6979
2047 375.26 213,904.12 32,585 87,365 14.5321
2048 386.51 222,722.27 34,015 91,373 15.4171
2049 398.11 231,868.26 35,506 95,558 16.3560
2050 410.05 241,309.55 37,059 99,927 17.3521
2051 422.35 251,105.32 38,676 104,486 18.4088
2052 435.02 261,384.54 40,363 109,250 19.5299
2053 448.07 272,122.89 42,122 114,229 20.7193
2054 461.52 283,287.48 43,957 119,432 21.9811
2055 475.36 294,849.13 45,870 124,867 23.3198
2056 489.62 306,856.57 47,865 130,545 24.7399
2057 504.31 319,422.27 49,945 136,479 26.2466
2058 519.44 332,528.23 52,117 142,684 27.8450
2059 535.02 346,144.13 54,382 149,169 29.5408
2060 551.08 360,315.78 56,744 155,943 31.3398
2061 567.61 375,037.49 59,206 163,020 33.2484
2062 584.64 390,390.87 61,774 170,416 35.2732
2063 602.17 406,395.15 64,451 178,138 37.4214
2064 620.24 423,038.67 67,241 186,203 39.7003
2065 638.85 440,389.00 70,148 194,622 42.1181
2066 658.01 458,440.14 73,176 203,410 44.6831
2067 677.75 477,225.08 76,333 212,591 47.4043
2068 698.09 496,801.33 79,624 222,180 50.2912
2069 719.03 517,163.07 83,053 232,190 53.3539
2070 740.60 538,344.62 86,626 242,640 56.6032
2071 762.82 560,389.26 90,350 253,552 60.0503
2072 785.70 583,356.05 94,231 264,949 63.7074
2073 809.27 607,284.08 98,277 276,850 67.5871
2074 833.55 632,169.60 102,493 289,276 71.7032
2075 858.56 658,055.86 106,886 302,252 76.0699
2076 884.31 684,998.39 111,466 315,803 80.7026
2077 910.84 713,062.71 116,241 329,959 85.6174
2078 938.17 742,296.26 121,219 344,746 90.8315
2079 966.31 772,698.06 126,410 360,194 96.3631
2080 995.30 804,328.88 131,822 376,333 102.2316
1 The CPI used to adjust OASDI benefits is the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI), as defined by the Bureau of Labor Statistics, Department of Labor. The values shown are adjusted by dividing the calendar-year annual average CPI by the analogous value for 2001, and multiplying the result by 100, thereby initializing the CPI at 100 for 2001.
2 The "SSA average wage index" is defined in section 215(i)(1)(G) of the Social Security Act; it is used in the calculations of initial benefits and the automatic adjustment of the contribution and benefit base and other wage-indexed program amounts.
3 Taxable payroll consists of total earnings subject to OASDI contribution rates, adjusted to include deemed wages based on military service and to reflect the lower effective contribution rates (compared to the combined employee-employer rate) which apply to multiple-employer "excess wages."
4 The compound interest-rate factor is based on the average of the assumed annual interest rates for special public-debt obligations issuable to the trust funds in the 12 months of the year, under each alternative.

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