Table 2.IA Analysis of IA Annual Operations and Fund Balances AC 1.6% IA--Distribution at Retirement to Buy Annuity |
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Net IA Annual Operations |
Total IA Balance End of Yr |
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Contri- butions to IA |
Paymnts from IA |
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Year |
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(percentage of taxable payroll) |
1998 |
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1.60 |
0.00 |
1.60 |
1.62 |
2000 |
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1.60 |
0.08 |
1.52 |
4.94 |
2005 |
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1.60 |
0.30 |
1.30 |
13.35 |
2010 |
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1.60 |
0.51 |
1.09 |
21.42 |
2015 |
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1.60 |
0.74 |
0.86 |
29.50 |
2020 |
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1.60 |
0.98 |
0.62 |
37.96 |
2025 |
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1.60 |
1.24 |
0.36 |
46.61 |
2030 |
|
1.60 |
1.52 |
0.08 |
55.09 |
2035 |
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1.60 |
1.80 |
-0.20 |
63.30 |
2040 |
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1.60 |
1.99 |
-0.39 |
71.56 |
2045 |
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1.60 |
2.00 |
-0.40 |
81.21 |
2050 |
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1.60 |
2.02 |
-0.42 |
92.57 |
2055 |
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1.60 |
2.04 |
-0.44 |
105.87 |
2060 |
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1.60 |
2.05 |
-0.45 |
121.34 |
2065 |
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1.60 |
2.06 |
-0.46 |
139.31 |
2070 |
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1.60 |
2.07 |
-0.47 |
160.29 |
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(percentage of Gross Domestic Product) |
1998 |
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0.66 |
0.00 |
0.66 |
0.67 |
2000 |
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0.66 |
0.03 |
0.62 |
2.03 |
2005 |
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0.65 |
0.12 |
0.53 |
5.42 |
2010 |
|
0.64 |
0.21 |
0.44 |
8.63 |
2015 |
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0.64 |
0.29 |
0.35 |
11.80 |
2020 |
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0.63 |
0.39 |
0.25 |
15.03 |
2025 |
|
0.63 |
0.49 |
0.14 |
18.27 |
2030 |
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0.62 |
0.59 |
0.03 |
21.43 |
2035 |
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0.62 |
0.69 |
-0.08 |
24.37 |
2040 |
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0.61 |
0.76 |
-0.15 |
27.26 |
2045 |
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0.60 |
0.75 |
-0.15 |
30.62 |
2050 |
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0.60 |
0.76 |
-0.16 |
34.62 |
2055 |
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0.59 |
0.76 |
-0.16 |
39.17 |
2060 |
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0.59 |
0.75 |
-0.17 |
44.53 |
2065 |
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0.58 |
0.75 |
-0.17 |
50.57 |
2070 |
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0.58 |
0.75 |
-0.17 |
57.71 |
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Note: Net annual operations are net cash flow in and out of fund and thus exclude internally compounding interest. PSA accumulated balances at end of year include interest. |
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Based on Intermediate Assumptions of the 1995 Trustees Report |
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Office of the Actuary Social Security Administration |
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16-Oct-96 |
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www.socialsecurity.gov