Table 1b—IA Contributions, IA Offset, Other Changes, & Budget Effect
Individual Account Contribution Rate: 4.0%
Benefit Offset: 100.0%
Year
Amount(%)
Contributed to
IA by Federal
Government:
100
(1)
Offset to
OASDI Benefit
From IA
(2)
Other
Changes
in OASDI
Cash flow
(3)
Change in
Annual
Unified Budget
Cashflow
(4)=(3)+(2)-(1)
Debt Held
by Public
(EOY)
(5)
Annual
Unified Budget
Balance
(6)
(Billions of Dollars, Present Value on 1-1-2004)
2005
0.0
0.0
0.0
0.0
0.0
0.0
2006
64.0
0.0
0.0
-64.0
64.0
-64.0
2007
69.8
0.0
0.0
-69.8
133.8
-73.1
2008
72.2
0.0
0.0
-72.2
206.0
-79.1
2009
74.4
0.0
0.0
-74.4
280.4
-85.2
2010
76.6
0.0
0.0
-76.6
356.9
-91.4
2011
78.6
0.0
0.0
-78.6
435.6
-97.6
2012
80.4
0.0
0.0
-80.4
516.0
-103.7
2013
82.0
0.0
0.0
-82.0
598.0
-109.7
2014
83.7
0.0
0.0
-83.7
681.7
-116.0
2015
85.2
0.0
0.0
-85.2
766.9
-122.3
2016
86.4
0.0
0.0
-86.4
853.3
-128.5
2017
87.5
0.0
0.0
-87.5
940.8
-134.6
2018
88.4
0.0
0.0
-88.4
1,029.2
-140.7
2019
89.0
0.0
0.0
-89.0
1,118.2
-146.2
2020
89.5
0.0
0.0
-89.5
1,207.7
-151.6
2021
89.7
0.0
0.0
-89.7
1,297.4
-156.9
2022
89.8
1.1
0.0
-88.7
1,386.1
-160.8
2023
89.7
3.1
2.5
-84.1
1,470.2
-161.2
2024
89.4
5.0
9.7
-74.7
1,544.9
-156.4
2025
88.9
7.1
10.9
-70.9
1,615.8
-156.8
2026
88.2
9.1
12.9
-66.1
1,681.9
-155.9
2027
87.4
11.2
15.1
-61.1
1,743.0
-154.5
2028
86.5
13.4
17.3
-55.8
1,798.8
-152.6
2029
85.5
15.6
23.5
-46.4
1,845.2
-146.4
2030
84.4
17.8
25.3
-41.3
1,886.5
-143.9
2031
83.4
20.0
26.1
-37.3
1,923.8
-142.1
2032
82.3
22.2
26.7
-33.4
1,957.2
-140.3
2033
81.2
24.4
27.6
-29.2
1,986.4
-137.9
2034
80.1
26.7
28.4
-25.0
2,011.4
-135.4
2035
79.0
28.9
29.2
-20.9
2,032.3
-132.7
2036
77.8
31.1
30.2
-16.5
2,048.8
-129.4
2037
76.6
33.3
31.2
-12.1
2,060.9
-125.9
2038
75.4
35.5
32.1
-7.7
2,068.6
-122.3
2039
74.2
37.7
33.2
-3.3
2,071.9
-118.3
2040
73.1
39.9
34.2
1.0
2,070.9
-114.1
2041
72.0
42.0
35.4
5.4
2,065.5
-109.7
2042
70.8
44.1
36.5
9.8
2,055.7
-105.0
2043
69.7
46.2
37.7
14.1
2,041.5
-100.1
2044
68.7
48.2
38.9
18.4
2,023.1
-95.0
2045
67.6
50.2
40.0
22.7
2,000.4
-89.8
2046
66.5
52.2
41.2
26.9
1,973.5
-84.3
2047
65.4
54.0
42.3
30.9
1,942.6
-78.8
2048
64.4
55.7
43.4
34.7
1,907.9
-73.2
2049
63.4
57.4
44.4
38.5
1,869.4
-67.5
2050
62.3
59.4
45.3
42.4
1,827.0
-61.5
2051
61.3
61.1
46.2
46.0
1,781.0
-55.5
2052
60.3
62.7
46.9
49.4
1,731.6
-49.6
2053
59.3
64.3
47.6
52.6
1,679.0
-43.6
2054
58.3
65.9
48.3
55.8
1,623.2
-37.5
2055
57.4
67.4
48.9
58.9
1,564.3
-31.3
2056
56.4
68.9
49.4
61.9
1,502.4
-25.0
2057
55.5
70.4
49.9
64.8
1,437.6
-18.7
2058
54.6
71.9
50.3
67.6
1,369.9
-12.2
2059
53.7
73.4
50.7
70.4
1,299.5
-5.7
2060
52.8
74.9
51.1
73.2
1,226.3
1.0
2061
51.9
76.4
51.5
76.0
1,150.3
7.9
2062
51.1
77.8
52.0
78.7
1,071.6
14.8
2063
50.2
79.0
52.4
81.2
990.3
21.7
2064
49.4
78.6
52.8
82.0
908.4
26.9
2065
48.6
78.0
53.1
82.6
825.8
32.1
2066
47.8
77.4
53.4
83.1
742.7
37.2
2067
47.0
76.8
53.7
83.5
659.3
42.2
2068
46.2
76.0
54.0
83.8
575.5
47.2
2069
45.5
75.3
54.2
84.0
491.5
52.0
2070
44.7
74.4
54.4
84.1
407.4
56.8
2071
44.0
73.6
54.5
84.1
323.2
61.5
2072
43.3
72.7
54.7
84.1
239.1
66.1
2073
42.5
71.8
54.8
84.0
155.1
70.7
2074
41.8
70.8
54.9
83.9
71.3
75.2
2075
41.1
69.8
55.0
83.7
-12.4
79.7
2076
40.5
68.8
55.1
83.4
-95.8
84.1
2077
39.8
67.8
55.1
83.2
-179.0
88.5
2078
39.1
66.8
55.2
82.9
-261.9
92.8
2079
38.5
65.8
55.2
82.5
-344.4
97.1

Based on the Intermediate Assumptions of the 2004 Trustees Report
With Ultimate Real Trust Fund Interest Rate of 3.0%
Benefit Offset Real Yield Rate Set at 3.0%
Benefit Offset Real Discount Rate Set at 3.0%

Office of the Actuary
Social Security Administration
March 9, 2005

Return to memorandum Return to list of memos