Table 1d—Change in Long-Range Trust Fund Assets / Unfunded Obligation
|
Individual Account Contribution Rate: 4.0%
Benefit Offset: 100.0%
|
|
Year
|
Present Law
OASDI
Trust Fund Assets
or if Negative,
Unfunded Obligation
Through EOY
(1)
|
Basic
Changes
in OASDI
Cash flow
(2)
|
Amount (%)
Contributed
to IA by
Federal
Government:
100
(3)
|
Offset to
OASDI
Benefit
from IA
(4)
|
General
Fund
Transfers
(5)
|
|
Proposal
OASDI
Trust Fund Assets/
Unfunded Obligation
Through EOY
(7)
|
|
(Billions of Dollars, Present Value on 1-1-2004)
|
|
2005
|
1,674.6
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
1,674.6
|
|
2006
|
1,759.0
|
0.0
|
64.0
|
0.0
|
0.0
|
-64.0
|
1,695.0
|
|
2007
|
1,845.5
|
0.0
|
69.8
|
0.0
|
0.0
|
-133.8
|
1,711.7
|
|
2008
|
1,930.8
|
0.0
|
72.2
|
0.0
|
0.0
|
-206.0
|
1,724.8
|
|
2009
|
2,008.4
|
0.0
|
74.4
|
0.0
|
0.0
|
-280.4
|
1,728.1
|
|
2010
|
2,080.8
|
0.0
|
76.6
|
0.0
|
0.0
|
-356.9
|
1,723.8
|
|
2011
|
2,148.0
|
0.0
|
78.6
|
0.0
|
0.0
|
-435.6
|
1,712.4
|
|
2012
|
2,205.6
|
0.0
|
80.4
|
0.0
|
0.0
|
-516.0
|
1,689.6
|
|
2013
|
2,252.4
|
0.0
|
82.0
|
0.0
|
0.0
|
-598.0
|
1,654.4
|
|
2014
|
2,289.0
|
0.0
|
83.7
|
0.0
|
0.0
|
-681.7
|
1,607.3
|
|
2015
|
2,314.3
|
0.0
|
85.2
|
0.0
|
0.0
|
-766.9
|
1,547.5
|
|
2016
|
2,327.9
|
0.0
|
86.4
|
0.0
|
0.0
|
-853.3
|
1,474.6
|
|
2017
|
2,329.7
|
0.0
|
87.5
|
0.0
|
0.0
|
-940.8
|
1,388.9
|
|
2018
|
2,319.7
|
0.0
|
88.4
|
0.0
|
0.0
|
-1,029.2
|
1,290.5
|
|
2019
|
2,297.6
|
0.0
|
89.0
|
0.0
|
0.0
|
-1,118.2
|
1,179.4
|
|
2020
|
2,263.7
|
0.0
|
89.5
|
0.0
|
0.0
|
-1,207.7
|
1,056.0
|
|
2021
|
2,218.5
|
0.0
|
89.7
|
0.0
|
0.0
|
-1,297.4
|
921.0
|
|
2022
|
2,162.6
|
0.0
|
89.8
|
1.1
|
0.0
|
-1,386.1
|
776.5
|
|
2023
|
2,096.4
|
2.5
|
89.7
|
3.1
|
0.0
|
-1,470.2
|
626.2
|
|
2024
|
2,020.7
|
9.7
|
89.4
|
5.0
|
63.6
|
-1,481.3
|
539.5
|
|
2025
|
1,936.1
|
10.9
|
88.9
|
7.1
|
153.0
|
-1,399.1
|
537.0
|
|
2026
|
1,843.3
|
12.9
|
88.2
|
9.1
|
154.0
|
-1,311.3
|
532.0
|
|
2027
|
1,743.3
|
15.1
|
87.4
|
11.2
|
154.9
|
-1,217.5
|
525.8
|
|
2028
|
1,637.0
|
17.3
|
86.5
|
13.4
|
152.4
|
-1,120.8
|
516.2
|
|
2029
|
1,525.4
|
23.5
|
85.5
|
15.6
|
150.0
|
-1,017.3
|
508.1
|
|
2030
|
1,409.4
|
25.3
|
84.4
|
17.8
|
154.0
|
-904.6
|
504.8
|
|
2031
|
1,289.5
|
26.1
|
83.4
|
20.0
|
151.5
|
-790.4
|
499.1
|
|
2032
|
1,166.5
|
26.7
|
82.3
|
22.2
|
149.1
|
-674.6
|
491.8
|
|
2033
|
1,041.2
|
27.6
|
81.2
|
24.4
|
146.8
|
-557.0
|
484.2
|
|
2034
|
914.6
|
28.4
|
80.1
|
26.7
|
141.5
|
-440.6
|
474.0
|
|
2035
|
787.2
|
29.2
|
79.0
|
28.9
|
139.2
|
-322.2
|
465.0
|
|
2036
|
659.9
|
30.2
|
77.8
|
31.1
|
134.2
|
-204.6
|
455.3
|
|
2037
|
533.0
|
31.2
|
76.6
|
33.3
|
126.4
|
-90.3
|
442.7
|
|
2038
|
407.2
|
32.1
|
75.4
|
35.5
|
124.4
|
26.4
|
433.5
|
|
2039
|
282.7
|
33.2
|
74.2
|
37.7
|
116.9
|
140.0
|
422.7
|
|
2040
|
159.8
|
34.2
|
73.1
|
39.9
|
112.4
|
253.4
|
413.1
|
|
2041
|
38.4
|
35.4
|
72.0
|
42.0
|
105.2
|
364.0
|
402.5
|
|
2042
|
-81.4
|
36.5
|
70.8
|
44.1
|
98.3
|
472.1
|
390.8
|
|
2043
|
-199.5
|
37.7
|
69.7
|
46.2
|
94.1
|
580.4
|
380.9
|
|
2044
|
-316.0
|
38.9
|
68.7
|
48.2
|
87.5
|
686.4
|
370.4
|
|
2045
|
-430.8
|
40.0
|
67.6
|
50.2
|
81.1
|
790.1
|
359.3
|
|
2046
|
-544.1
|
41.2
|
66.5
|
52.2
|
77.3
|
894.3
|
350.3
|
|
2047
|
-655.8
|
42.3
|
65.4
|
54.0
|
71.2
|
996.4
|
340.6
|
|
2048
|
-766.0
|
43.4
|
64.4
|
55.7
|
65.2
|
1,096.3
|
330.4
|
|
2049
|
-874.8
|
44.4
|
63.4
|
57.4
|
61.8
|
1,196.6
|
321.8
|
|
2050
|
-982.4
|
45.3
|
62.3
|
59.4
|
56.1
|
1,295.1
|
312.6
|
|
2051
|
-1,089.0
|
46.2
|
61.3
|
61.1
|
52.9
|
1,394.0
|
304.9
|
|
2052
|
-1,194.8
|
46.9
|
60.3
|
62.7
|
47.5
|
1,490.8
|
296.0
|
|
2053
|
-1,299.7
|
47.6
|
59.3
|
64.3
|
44.5
|
1,587.9
|
288.3
|
|
2054
|
-1,403.9
|
48.3
|
58.3
|
65.9
|
39.4
|
1,683.1
|
279.3
|
|
2055
|
-1,507.4
|
48.9
|
57.4
|
67.4
|
36.6
|
1,778.6
|
271.2
|
|
2056
|
-1,610.3
|
49.4
|
56.4
|
68.9
|
33.9
|
1,874.4
|
264.1
|
|
2057
|
-1,712.7
|
49.9
|
55.5
|
70.4
|
31.2
|
1,970.4
|
257.8
|
|
2058
|
-1,814.4
|
50.3
|
54.6
|
71.9
|
26.6
|
2,064.7
|
250.3
|
|
2059
|
-1,915.3
|
50.7
|
53.7
|
73.4
|
24.2
|
2,159.3
|
244.0
|
|
2060
|
-2,015.6
|
51.1
|
52.8
|
74.9
|
19.8
|
2,252.3
|
236.7
|
|
2061
|
-2,115.1
|
51.5
|
51.9
|
76.4
|
17.5
|
2,345.8
|
230.7
|
|
2062
|
-2,214.1
|
52.0
|
51.1
|
77.8
|
13.4
|
2,437.9
|
223.8
|
|
2063
|
-2,312.6
|
52.4
|
50.2
|
79.0
|
13.2
|
2,532.3
|
219.7
|
|
2064
|
-2,410.5
|
52.8
|
49.4
|
78.6
|
11.1
|
2,625.4
|
214.9
|
|
2065
|
-2,507.7
|
53.1
|
48.6
|
78.0
|
9.1
|
2,717.1
|
209.4
|
|
2066
|
-2,604.1
|
53.4
|
47.8
|
77.4
|
9.0
|
2,809.1
|
205.0
|
|
2067
|
-2,699.9
|
53.7
|
47.0
|
76.8
|
8.8
|
2,901.4
|
201.5
|
|
2068
|
-2,794.9
|
54.0
|
46.2
|
76.0
|
6.9
|
2,992.1
|
197.2
|
|
2069
|
-2,889.1
|
54.2
|
45.5
|
75.3
|
6.8
|
3,082.9
|
193.8
|
|
2070
|
-2,982.5
|
54.4
|
44.7
|
74.4
|
5.0
|
3,172.1
|
189.6
|
|
2071
|
-3,075.0
|
54.5
|
44.0
|
73.6
|
4.1
|
3,260.3
|
185.3
|
|
2072
|
-3,166.6
|
54.7
|
43.3
|
72.7
|
3.2
|
3,347.7
|
181.1
|
|
2073
|
-3,257.4
|
54.8
|
42.5
|
71.8
|
3.2
|
3,434.9
|
177.5
|
|
2074
|
-3,347.3
|
54.9
|
41.8
|
70.8
|
3.1
|
3,521.9
|
174.6
|
|
2075
|
-3,436.4
|
55.0
|
41.1
|
69.8
|
1.5
|
3,607.1
|
170.7
|
|
2076
|
-3,524.7
|
55.1
|
40.5
|
68.8
|
1.5
|
3,692.0
|
167.4
|
|
2077
|
-3,612.1
|
55.1
|
39.8
|
67.8
|
1.5
|
3,776.7
|
164.6
|
|
2078
|
-3,698.7
|
55.2
|
39.1
|
66.8
|
0.0
|
3,859.6
|
160.9
|
|
Total
2004-78
|
|
2,281.1
|
4,925.0
|
2,905.7
|
3,597.7
|
|
|
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