Table 2a—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
156
12,562
2,156
2,156
2008
0.0
0.0
0.0
0
2,068
246
12,870
2,315
2,315
2009
0.0
0.0
0.0
0
2,127
343
13,171
2,473
2,473
2010
0.0
0.0
0.0
0
2,179
448
13,466
2,631
2,631
2011
0.0
0.0
0.0
0
2,224
561
13,752
2,790
2,790
2012
0.0
0.0
0.0
0
2,256
682
14,024
2,944
2,944
2013
0.0
0.0
0.0
0
2,270
812
14,285
3,091
3,091
2014
0.0
0.0
0.0
0
2,268
950
14,547
3,230
3,230
2015
0.0
0.0
0.0
0
2,247
1,098
14,804
3,360
3,360
2016
0.0
0.0
0.0
0
2,203
1,256
15,061
3,478
3,478
2017
0.0
0.0
0.0
0
2,136
1,423
15,322
3,584
3,584
2018
0.0
0.0
0.0
0
2,045
1,602
15,586
3,675
3,675
2019
0.0
0.0
0.0
0
1,925
1,790
15,842
3,750
3,750
2020
0.0
0.0
0.0
0
1,775
1,989
16,100
3,805
3,805
2021
0.0
0.0
0.0
0
1,595
2,197
16,354
3,841
3,841
2022
0.0
0.0
0.0
0
1,385
2,415
16,610
3,857
3,857
2023
0.0
0.0
0.0
0
1,150
2,639
16,861
3,851
3,851
2024
63.6
1.8
117.0
117
1,021
2,870
17,117
3,823
3,940
2025
153.0
4.4
289.8
410
1,046
3,107
17,372
3,773
4,183
2026
154.0
4.5
300.4
723
1,068
3,350
17,634
3,700
4,423
2027
154.9
4.6
311.2
1,056
1,087
3,598
17,903
3,604
4,660
2028
152.4
4.6
315.4
1,403
1,099
3,852
18,174
3,486
4,889
2029
153.2
4.7
326.6
1,772
1,121
4,110
18,451
3,346
5,117
2030
150.8
4.7
331.0
2,156
1,140
4,373
18,733
3,184
5,340
2031
148.4
4.7
335.5
2,556
1,153
4,641
19,022
3,000
5,556
2032
149.1
4.8
347.4
2,980
1,170
4,912
19,319
2,796
5,776
2033
146.8
4.8
352.1
3,422
1,186
5,188
19,622
2,570
5,992
2034
144.5
4.8
357.0
3,881
1,203
5,467
19,929
2,325
6,207
2035
139.2
4.7
354.4
4,352
1,215
5,749
20,243
2,062
6,414
2036
134.2
4.6
351.7
4,834
1,225
6,035
20,564
1,780
6,614
2037
129.2
4.5
348.9
5,328
1,233
6,322
20,892
1,481
6,809
2038
124.4
4.4
346.0
5,834
1,243
6,613
21,226
1,165
6,999
2039
116.9
4.2
334.9
6,344
1,247
6,905
21,562
833
7,177
2040
112.4
4.1
331.5
6,866
1,255
7,200
21,904
485
7,351
2041
105.2
3.9
319.8
7,391
1,257
7,496
22,252
120
7,512
2042
100.9
3.8
316.0
7,929
1,264
7,793
22,605
-262
7,667
2043
94.1
3.6
303.5
8,471
1,267
8,091
22,961
-662
7,809
2044
87.5
3.4
290.7
9,015
1,267
8,390
23,322
-1,080
7,936
2045
81.1
3.2
277.3
9,563
1,264
8,690
23,687
-1,516
8,047
2046
77.3
3.1
272.4
10,122
1,266
8,990
24,055
-1,972
8,150
2047
73.6
3.0
267.2
10,693
1,274
9,289
24,426
-2,449
8,245
2048
65.2
2.7
243.7
11,258
1,269
9,589
24,799
-2,946
8,312
2049
61.8
2.6
237.8
11,833
1,270
9,888
25,174
-3,465
8,368
2050
58.4
2.5
231.6
12,420
1,276
10,186
25,552
-4,008
8,412
2051
52.9
2.3
215.9
13,008
1,277
10,481
25,936
-4,577
8,432
2052
49.7
2.2
209.3
13,608
1,281
10,775
26,324
-5,172
8,436
2053
44.5
2.0
192.7
14,209
1,279
11,067
26,721
-5,795
8,414
2054
41.6
1.9
185.5
14,821
1,280
11,356
27,123
-6,447
8,374
2055
38.7
1.8
178.1
15,443
1,284
11,642
27,528
-7,130
8,313
2056
36.0
1.7
170.4
16,077
1,291
11,924
27,939
-7,845
8,232
2057
31.2
1.5
152.3
16,712
1,290
12,202
28,354
-8,594
8,117
2058
28.7
1.4
144.0
17,357
1,292
12,475
28,775
-9,378
7,979
2059
26.2
1.3
135.4
18,013
1,298
12,742
29,204
-10,196
7,817
2060
21.8
1.1
116.1
18,670
1,298
13,002
29,639
-11,052
7,618
2061
19.5
1.0
106.9
19,336
1,303
13,256
30,078
-11,946
7,391
2062
15.3
0.8
86.6
20,003
1,301
13,501
30,526
-12,880
7,123
2063
15.1
0.8
87.7
20,691
1,314
13,739
30,978
-13,857
6,834
2064
13.0
0.7
77.8
21,390
1,321
13,977
31,438
-14,876
6,513
2065
12.8
0.7
78.8
22,110
1,335
14,216
31,906
-15,940
6,170
2066
10.7
0.6
68.4
22,842
1,344
14,455
32,379
-17,050
5,792
2067
10.6
0.6
69.3
23,596
1,357
14,696
32,861
-18,208
5,389
2068
8.7
0.5
58.5
24,363
1,365
14,938
33,359
-19,414
4,949
2069
8.5
0.5
59.3
25,153
1,378
15,182
33,859
-20,670
4,483
2070
8.4
0.5
60.0
25,967
1,397
15,427
34,366
-21,978
3,989
2071
6.6
0.4
48.7
26,795
1,408
15,675
34,882
-23,340
3,455
2072
6.5
0.4
49.3
27,648
1,425
15,926
35,404
-24,756
2,892
2073
4.8
0.3
37.4
28,515
1,435
16,179
35,931
-26,230
2,285
2074
4.7
0.3
37.9
29,408
1,449
16,435
36,464
-27,762
1,646
2075
4.6
0.3
38.4
30,329
1,467
16,695
37,006
-29,356
973
2076
3.0
0.2
25.9
31,265
1,477
16,957
37,555
-31,014
251
2077
3.0
0.2
26.3
32,229
1,491
17,224
38,112
-32,736
-507
2078
2.9
0.2
26.6
33,223
1,509
17,494
38,677
-34,527
-1,304
2079
2.9
0.2
27.0
34,246
1,531
17,768
39,245
-36,387
-2,141
Total
3,665.1
               

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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