Table1a—Proposal General Fund Transfers, OASDI Trust Fund Assets, Individual Account Assets, and Theoretical OASDI Assets
Calendar
Year
Proposal General Fund Transfers
Total OASDI
Trust Fund
Assets
at End of Year
(5)
Expected
Individual
Account
Assets1
at End of Year
(6)
GDP
(7)
Theoretical Social Security 2
with Borrowing Authority
Net OASDI Trust Fund
Assets at End of Year
Annual Transfers
Accumulated
as of End
of Year
(4)
Without
General Fund
Transfer
(8)
With
General Fund
Transfer
(amount for Proposal)
(9)
Present
Value
as of
1-1-2004
(1)
Percent
of Taxable
Payroll
(2)
Annual
Transfers
(3)
Billions
Billions of Constant 2004 Dollars
2004
0.0
0.0
0.0
0
1,684
0
11,544
1,684
1,684
2005
0.0
0.0
0.0
0
1,840
0
11,911
1,840
1,840
2006
0.0
0.0
0.0
0
1,925
73
12,246
1,998
1,998
2007
0.0
0.0
0.0
0
2,000
158
12,562
2,156
2,156
2008
0.0
0.0
0.0
0
2,068
252
12,870
2,315
2,315
2009
0.0
0.0
0.0
0
2,127
355
13,171
2,473
2,473
2010
0.0
0.0
0.0
0
2,179
467
13,466
2,631
2,631
2011
0.0
0.0
0.0
0
2,224
589
13,752
2,790
2,790
2012
0.0
0.0
0.0
0
2,256
722
14,024
2,944
2,944
2013
0.0
0.0
0.0
0
2,270
866
14,285
3,091
3,091
2014
0.0
0.0
0.0
0
2,268
1,022
14,547
3,230
3,230
2015
0.0
0.0
0.0
0
2,247
1,190
14,804
3,360
3,360
2016
0.0
0.0
0.0
0
2,203
1,372
15,061
3,478
3,478
2017
0.0
0.0
0.0
0
2,136
1,568
15,322
3,584
3,584
2018
0.0
0.0
0.0
0
2,045
1,778
15,586
3,675
3,675
2019
0.0
0.0
0.0
0
1,925
2,003
15,842
3,750
3,750
2020
0.0
0.0
0.0
0
1,775
2,244
16,100
3,805
3,805
2021
0.0
0.0
0.0
0
1,595
2,500
16,354
3,841
3,841
2022
0.0
0.0
0.0
0
1,385
2,770
16,610
3,857
3,857
2023
0.0
0.0
0.0
0
1,150
3,052
16,861
3,851
3,851
2024
63.6
1.8
117.0
117
1,021
3,347
17,117
3,823
3,940
2025
153.0
4.4
289.8
410
1,046
3,654
17,372
3,773
4,183
2026
154.0
4.5
300.4
723
1,068
3,972
17,634
3,700
4,423
2027
154.9
4.6
311.2
1,056
1,087
4,303
17,903
3,604
4,660
2028
152.4
4.6
315.4
1,403
1,099
4,645
18,174
3,486
4,889
2029
150.0
4.6
319.6
1,765
1,114
4,998
18,451
3,346
5,110
2030
154.0
4.8
338.1
2,156
1,140
5,362
18,733
3,184
5,340
2031
151.5
4.8
342.7
2,563
1,161
5,738
19,022
3,000
5,563
2032
149.1
4.8
347.4
2,987
1,179
6,124
19,319
2,796
5,783
2033
146.8
4.8
352.1
3,429
1,195
6,521
19,622
2,570
5,999
2034
141.5
4.7
349.5
3,881
1,205
6,929
19,929
2,325
6,207
2035
139.2
4.7
354.4
4,352
1,218
7,347
20,243
2,062
6,414
2036
134.2
4.6
351.7
4,834
1,228
7,774
20,564
1,780
6,614
2037
126.4
4.4
341.2
5,321
1,230
8,211
20,892
1,481
6,802
2038
124.4
4.4
346.0
5,826
1,241
8,657
21,226
1,165
6,991
2039
116.9
4.2
334.9
6,336
1,246
9,112
21,562
833
7,169
2040
112.4
4.1
331.5
6,858
1,254
9,575
21,904
485
7,343
2041
105.2
3.9
319.8
7,383
1,258
10,046
22,252
120
7,503
2042
98.3
3.7
307.7
7,912
1,259
10,524
22,605
-262
7,650
2043
94.1
3.6
303.5
8,453
1,264
11,010
22,961
-662
7,791
2044
87.5
3.4
290.7
8,997
1,266
11,502
23,322
-1,080
7,918
2045
81.1
3.2
277.3
9,545
1,264
12,000
23,687
-1,516
8,028
2046
77.3
3.1
272.4
10,103
1,270
12,503
24,055
-1,972
8,131
2047
71.2
2.9
258.3
10,665
1,272
13,011
24,426
-2,449
8,216
2048
65.2
2.7
243.7
11,228
1,271
13,524
24,799
-2,946
8,282
2049
61.8
2.6
237.8
11,803
1,275
14,041
25,174
-3,465
8,338
2050
56.1
2.4
222.4
12,379
1,276
14,559
25,552
-4,008
8,371
2051
52.9
2.3
215.9
12,967
1,281
15,078
25,936
-4,577
8,390
2052
47.5
2.1
199.7
13,555
1,281
15,598
26,324
-5,172
8,384
2053
44.5
2.0
192.7
14,155
1,285
16,117
26,721
-5,795
8,360
2054
39.4
1.8
175.8
14,755
1,282
16,635
27,123
-6,447
8,308
2055
36.6
1.7
168.2
15,366
1,283
17,150
27,528
-7,130
8,236
2056
33.9
1.6
160.3
15,987
1,286
17,660
27,939
-7,845
8,142
2057
31.2
1.5
152.3
16,619
1,293
18,163
28,354
-8,594
8,025
2058
26.6
1.3
133.7
17,252
1,294
18,658
28,775
-9,378
7,874
2059
24.2
1.2
125.0
17,894
1,299
19,142
29,204
-10,196
7,698
2060
19.8
1.0
105.5
18,536
1,298
19,613
29,639
-11,052
7,485
2061
17.5
0.9
96.2
19,189
1,303
20,068
30,078
-11,946
7,243
2062
13.4
0.7
75.8
19,840
1,302
20,505
30,526
-12,880
6,960
2063
13.2
0.7
76.8
20,512
1,316
20,923
30,978
-13,857
6,655
2064
11.1
0.6
66.6
21,194
1,326
21,342
31,438
-14,876
6,318
2065
9.1
0.5
56.3
21,886
1,331
21,761
31,906
-15,940
5,946
2066
9.0
0.5
57.0
22,600
1,342
22,200
32,379
-17,050
5,550
2067
8.8
0.5
57.7
23,335
1,359
22,641
32,861
-18,208
5,128
2068
6.9
0.4
46.8
24,082
1,370
23,085
33,359
-19,414
4,669
2069
6.8
0.4
47.4
24,852
1,387
23,533
33,859
-20,670
4,182
2070
5.0
0.3
36.0
25,634
1,397
23,986
34,366
-21,978
3,656
2071
4.1
0.3
30.4
26,433
1,407
24,445
34,882
-23,340
3,094
2072
3.2
0.2
24.6
27,251
1,416
24,909
35,404
-24,756
2,495
2073
3.2
0.2
25.0
28,093
1,429
25,381
35,931
-26,230
1,864
2074
3.1
0.2
25.3
28,961
1,448
25,861
36,464
-27,762
1,199
2075
1.5
0.1
12.8
29,843
1,458
26,350
37,006
-29,356
487
2076
1.5
0.1
13.0
30,751
1,473
26,848
37,555
-31,014
-262
2077
1.5
0.1
13.1
31,687
1,492
27,357
38,112
-32,736
-1,049
2078
0.0
0.0
0.0
32,638
1,502
27,877
38,677
-34,527
-1,889
2079
0.0
0.0
0.0
33,617
1,516
28,409
39,245
-36,387
-2,770
Total
3,597.7
               

1Including annuity assets, assuming all annuitize fully.

2Theoretical Social Security is the current Social Security program with the assumption that the law is modified to permit borrowing from the General Fund of the Treasury.

Based on Intermediate Assumptions of the 2004 Trustees Report

Office of the Actuary
Social Security Administration
March 9, 2005

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