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Detailed Single Year Tables

Description of Proposed Provision:
Shorten the hiatus in the normal retirement age (start increasing to age 67 for those age 62 in 2010, rather than those age 62 in 2017) and then increase the NRA 2 months per year until the NRA reaches age 68.

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
 
200912.3512.830.48 354
201012.5012.870.37 360
201112.3712.870.50 367
201212.2312.870.64 369
201312.3612.900.54 368
201412.5712.920.35 366
201512.7812.940.16 363
201613.0312.96-0.07 359
201713.2812.98-0.30 355
201813.5512.99-0.56 348
201913.8113.01-0.80 341
202014.0613.03-1.03 333
202114.3013.05-1.25 324
202214.5313.06-1.46 315
202314.7513.08-1.67 304
202414.9713.10-1.88 293
202515.1913.11-2.08 281
202615.4013.12-2.28 267
202715.6013.14-2.46 253
202815.7813.15-2.63 238
202915.9313.16-2.76 223
203016.0613.17-2.89 207
203116.1613.18-2.98 191
203216.2413.19-3.05 175
203316.3013.20-3.10 158
203416.3413.20-3.13 141
203516.3613.21-3.15 124
203616.3713.21-3.15 106
203716.3613.22-3.14 89
203816.3313.22-3.12 71
203916.2913.22-3.07 53
204016.2413.22-3.02 35
204116.1913.22-2.97 17
204216.1313.22-2.92 ----
204316.0813.22-2.87 ----
204416.0413.22-2.82 ----
204516.0013.22-2.78 ----
204615.9713.22-2.76 ----
204715.9513.22-2.73 ----
204815.9213.22-2.71 ----
204915.8913.22-2.68 ----
205015.8713.22-2.66 ----
205115.8613.22-2.64 ----
205215.8613.22-2.64 ----
205315.8613.22-2.64 ----
205415.8713.22-2.65 ----
205515.8913.23-2.66 ----
205615.9113.23-2.68 ----
205715.9313.23-2.70 ----
205815.9613.23-2.72 ----
205915.9813.24-2.74 ----
206016.0013.24-2.76 ----
206116.0313.24-2.79 ----
206216.0613.24-2.81 ----
206316.0813.25-2.84 ----
206416.1113.25-2.86 ----
206516.1413.25-2.88 ----
206616.1713.25-2.91 ----
206716.2013.26-2.94 ----
206816.2313.26-2.97 ----
206916.2713.26-3.01 ----
207016.3113.27-3.05 ----
207116.3513.27-3.09 ----
207216.4013.27-3.13 ----
207316.4413.28-3.17 ----
207416.4913.28-3.21 ----
207516.5313.28-3.25 ----
207616.5813.28-3.29 ----
207716.6213.29-3.33 ----
207816.6713.29-3.38 ----
207916.7213.29-3.43 ----
208016.7713.30-3.47 ----
208116.8213.30-3.52 ----
208216.8713.30-3.57 ----
208316.9213.31-3.61 ----
208416.9713.31-3.66 ----


Summarized Rates
Years Cost
rate
Income
rate
Actuarial
balance

Change in
actuarial
balance
 
Estimates based on the Intermediate Assumptions of the 2009 Trustees Report
2009-2083 15.43% 13.99% -1.43%
0.57%

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Last reviewed or modified November 16, 2009