|
Table.UO Estimated Long-Range OASDI Assets and Obligations, in Present Value for Present Law and Advisory Council Options
Present Value as of Valuation Date of OASDI Obligations for the 75-Year Period Beginning at Valuation Date
|
Valuation |
|
|
|
|
|
|
|
|
|
|
Date 1-1 |
|
Pres Law |
|
PSA |
|
IA |
|
MB |
|
MB" |
|
|
|
|
(billions of dollars) |
|
|
|
|
|
|
1995 |
|
19876 |
|
13762 |
|
17629 |
|
13324 |
|
19719 |
1996 |
|
21345 |
|
14619 |
|
18867 |
|
14112 |
|
21177 |
|
|
|
|
|
|
|
|
|
|
|
Change from 1995 to 1996 Valuation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1469 |
|
857 |
|
1238 |
|
788 |
|
1457 |
Present Value as of Valuation Date of Current Assets Plus OASDI Tax and Interest Income for the 75-Year Period Beginning at Valuation Date
Valuation |
|
|
|
|
|
|
|
|
|
|
Date 1-1 |
|
Pres Law |
|
PSA |
|
IA |
|
MB |
|
MB" |
|
|
|
|
(billions of dollars) |
|
|
|
|
|
|
1995 |
|
17610 |
|
13868 |
|
18332 |
|
13626 |
|
20670 |
1996 |
|
18833 |
|
14732 |
|
19618 |
|
14429 |
|
22193 |
|
|
|
|
|
|
|
|
|
|
|
Change from 1995 to 1996 Valuation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1223 |
|
864 |
|
1286 |
|
803 |
|
1523 |
|
|
|
|
|
|
|
|
|
|
|
Present Value as of Valuation Date of Unfunded Obligations (Obligations Less Assets and Income) for the 75-Year Period Beginning at Valuation Date
Valuation |
|
|
|
|
|
|
|
|
|
|
Date 1-1 |
|
Pres Law |
|
PSA |
|
IA |
|
MB |
|
MB" |
|
|
|
|
(billions of dollars) |
|
|
|
|
|
|
1995 |
|
2266 |
|
-106 |
|
-703 |
|
-302 |
|
-951 |
1996 |
|
2512 |
|
-114 |
|
-751 |
|
-317 |
|
-1017 |
|
|
|
|
|
|
|
|
|
|
|
Change from 1995 to 1996 Valuation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
245 |
|
-8 |
|
-48 |
|
-15 |
|
-66 |
Notes: Based on intermediate assumptions of the 1995 Trustees Report except for CPI growth reduced by 0.21 percent by 1997.
Ultimate valuation interest rates are 6.392% for PL, IA, and PSA and 8.123% for the MB plan. For the MB" plan, the ultimate valuation interest rate is set at 6.392% even though Trust Fund investments are assumed to yield 8.123%. Office of the Actuary
Social Security Administration
12-Jul-96 |