Table VI.E7.-Selected Economic Variables, Calendar Years 2001-2080
High 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 98.57 33,844.16 4,173 10,175 0.9497
2002 100.00 34,680.32 4,242 10,337 1.0000
2003 103.21 36,540.65 4,507 11,007 1.0715
2004 107.94 38,473.52 4,776 11,785 1.1581
2005 114.24 40,109.22 5,005 12,432 1.2495
2006 120.82 42,345.82 5,283 13,289 1.3538
2007 126.72 45,019.34 5,668 14,369 1.4666
2008 131.97 47,106.05 5,999 15,225 1.5660
2009 137.23 49,131.97 6,322 16,044 1.6658
2010 142.73 51,287.13 6,646 16,926 1.7708
2011 148.44 53,589.77 6,987 17,868 1.8824
2012 154.38 56,089.77 7,342 18,821 2.0011
2013 160.55 58,662.80 7,712 19,821 2.1273
2014 166.97 61,321.38 8,097 20,863 2.2614
2015 173.65 64,095.61 8,496 21,947 2.4040
2016 180.60 67,024.20 8,913 23,080 2.5556
2017 187.82 70,102.22 9,350 24,278 2.7167
2018 195.33 73,301.51 9,808 25,537 2.8879
2019 203.15 76,642.50 10,289 26,863 3.0700
2020 211.27 80,124.82 10,792 28,249 3.2636
2021 219.73 83,785.39 11,317 29,703 3.4693
2022 228.51 87,695.20 11,864 31,226 3.6881
2023 237.65 91,754.71 12,438 32,827 3.9206
2024 247.16 95,987.40 13,039 34,509 4.1678
2025 257.05 100,377.02 13,668 36,275 4.4305
2026 267.33 104,986.23 14,328 38,131 4.7099
2027 278.02 109,916.20 15,019 40,085 5.0068
2028 289.14 115,032.32 15,743 42,138 5.3225
2029 300.71 120,373.11 16,505 44,302 5.6580
2030 312.74 125,916.23 17,303 46,575 6.0148
2031 325.25 131,721.00 18,139 48,963 6.3940
2032 338.26 137,931.09 19,014 51,470 6.7971
2033 351.79 144,382.97 19,930 54,104 7.2256
2034 365.86 151,110.81 20,892 56,874 7.6812
2035 380.49 158,073.56 21,898 59,780 8.1655
2036 395.71 165,355.50 22,949 62,826 8.6803
2037 411.54 173,142.22 24,045 66,013 9.2275
2038 428.00 181,256.31 25,191 69,352 9.8093
2039 445.12 189,709.42 26,385 72,843 10.4277
2040 462.93 198,439.87 27,630 76,492 11.0852
2041 481.44 207,531.02 28,924 80,302 11.7841
2042 500.70 217,199.90 30,271 84,279 12.5270
2043 520.73 227,344.74 31,672 88,428 13.3168
2044 541.56 237,923.20 33,130 92,762 14.1564
2045 563.22 248,835.59 34,648 97,287 15.0489
2046 585.75 260,169.94 36,227 102,013 15.9977
2047 609.18 272,180.09 37,872 106,952 17.0063
2048 633.55 284,747.87 39,585 112,113 18.0785
2049 658.89 297,851.74 41,371 117,508 19.2183
2050 685.25 311,410.10 43,231 123,144 20.4299
2051 712.66 325,499.60 45,165 129,027 21.7180
2052 741.16 340,417.71 47,181 135,175 23.0872
2053 770.81 356,055.26 49,282 141,606 24.5428
2054 801.64 372,399.89 51,474 148,332 26.0902
2055 833.71 389,373.20 53,759 155,364 27.7351
2056 867.05 407,030.80 56,139 162,714 29.4837
2057 901.74 425,675.12 58,619 170,396 31.3425
2058 937.81 445,186.15 61,205 178,428 33.3186
2059 975.32 465,566.27 63,898 186,822 35.4192
2060 1,014.33 486,848.75 66,702 195,584 37.6523
2061 1,054.90 508,994.83 69,620 204,735 40.0261
2062 1,097.10 532,295.98 72,661 214,300 42.5497
2063 1,140.98 556,659.08 75,824 224,281 45.2323
2064 1,186.62 582,135.14 79,119 234,710 48.0841
2065 1,234.09 608,798.10 82,547 245,593 51.1156
2066 1,283.45 636,615.38 86,117 256,961 54.3383
2067 1,334.79 665,771.42 89,837 268,842 57.7641
2068 1,388.18 696,254.51 93,710 281,252 61.4060
2069 1,443.71 728,138.39 97,744 294,214 65.2775
2070 1,501.46 761,485.40 101,943 307,748 69.3930
2071 1,561.52 796,351.11 106,316 321,886 73.7680
2072 1,623.98 832,817.18 110,875 336,668 78.4189
2073 1,688.94 870,956.17 115,625 352,114 83.3629
2074 1,756.49 910,844.70 120,574 368,258 88.6187
2075 1,826.75 952,569.43 125,730 385,126 94.2058
2076 1,899.82 996,221.32 131,106 402,765 100.1452
2077 1,975.82 1,041,876.16 136,713 421,213 106.4591
2078 2,054.85 1,089,627.08 142,559 440,507 113.1710
2079 2,137.04 1,139,576.60 148,657 460,689 120.3061
2080 2,222.52 1,191,830.86 155,018 481,802 127.8910
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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