Table 1b -- Individual Account (IA) Contributions, OASDI Benefit Offset from IA, & Unified Budget Effect (UB)
Average IA Contribution = 5.1%
Benefit Offset 100.0% Ultimate
With Ultimate Real Trust Fund Interest Rate 3.0
With Ultimate Real IA Net Yield Rate of: 5.025
With Offset Annuity Net Yield Rate of: 5.025
Year
IA/Annuity
Balance at
End of Year
Amount
Contributed
to IA:
Percent
from UB = 100
Benefit
Offset to
OASDI Benefit
Due to IA
Other
Changes
in OASDI
Cash Flow
Change in
Annual
UB
Cash Flow
Change
in Debt
Held by
Public 1
(EOY)
Change in
Annual
UB
Balance
(Billions of Constant 2003 Dollars)
2004
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2005
206.7
198.7
0.0
0.0
-198.7
204.7
-204.7
2006
442.4
216.2
0.0
0.0
-216.2
434.0
-235.1
2007
699.7
225.3
0.0
0.0
-225.3
679.8
-258.5
2008
979.5
234.1
0.0
0.0
-234.1
942.4
-282.4
2009
1,282.3
242.5
0.0
0.0
-242.5
1,221.7
-306.8
2010
1,609.0
250.6
0.0
0.0
-250.6
1,518.0
-331.7
2011
1,959.1
257.6
0.2
0.0
-257.4
1,830.1
-356.3
2012
2,331.0
264.0
2.5
0.0
-261.6
2,155.7
-379.0
2013
2,725.4
270.4
5.2
0.0
-265.2
2,494.8
-401.9
2014
3,142.2
276.4
8.5
0.0
-267.9
2,846.7
-424.6
2015
3,581.7
282.2
12.4
0.0
-269.8
3,210.9
-447.1
2016
4,043.4
287.2
16.8
0.0
-270.4
3,586.2
-468.8
2017
4,527.5
292.1
22.0
0.0
-270.1
3,972.0
-490.3
2018
5,034.8
296.8
27.8
0.0
-269.0
4,368.2
-511.9
2019
5,565.7
301.5
34.3
0.0
-267.2
4,774.4
-533.4
2020
6,120.4
306.2
41.7
0.0
-264.5
5,190.0
-554.7
2021
6,699.3
310.8
49.9
0.0
-260.9
5,614.4
-575.6
2022
7,302.5
315.4
59.1
0.0
-256.3
6,046.9
-596.0
2023
7,930.4
320.1
69.2
0.0
-250.9
6,486.7
-615.9
2024
8,583.1
324.7
80.3
0.0
-244.4
6,933.0
-635.2
2025
9,260.6
329.3
92.3
0.0
-237.1
7,385.2
-654.1
2026
9,963.2
334.0
105.3
0.0
-228.7
7,842.3
-672.2
2027
10,690.8
338.7
119.5
0.0
-219.3
8,303.4
-689.5
2028
11,443.4
343.6
134.9
0.0
-208.7
8,767.5
-705.9
2029
12,221.0
348.5
151.6
0.0
-196.9
9,233.3
-721.2
2030
13,023.5
353.5
169.5
0.0
-183.9
9,699.8
-735.4
2031
13,850.8
358.6
188.9
0.0
-169.7
10,165.6
-748.3
2032
14,702.4
363.8
209.7
0.0
-154.1
10,629.3
-759.8
2033
15,578.2
369.1
231.9
0.0
-137.2
11,089.5
-769.7
2034
16,477.6
374.5
255.7
0.0
-118.7
11,544.4
-777.9
2035
17,400.0
379.9
279.1
0.0
-100.7
11,994.5
-786.3
2036
18,344.8
385.3
303.9
0.0
-81.4
12,438.2
-793.1
2037
19,311.2
390.8
330.0
0.0
-60.9
12,874.0
-798.1
2038
20,298.3
396.4
357.4
0.0
-39.0
13,300.4
-801.3
2039
21,305.1
402.0
386.4
0.0
-15.7
13,715.5
-802.5
2040
22,330.4
407.7
416.7
0.0
9.1
14,117.7
-801.6
2041
23,372.8
413.3
448.6
0.0
35.3
14,504.9
-798.4
2042
24,430.9
419.1
482.0
0.0
62.9
14,875.2
-792.8
2043
25,502.9
424.8
517.0
0.0
92.2
15,226.5
-784.6
2044
26,587.0
430.6
553.6
0.0
123.0
15,556.7
-773.6
2045
27,681.2
436.5
590.0
0.0
153.5
15,865.3
-761.7
2046
28,785.0
442.3
625.9
0.0
183.6
16,152.1
-748.9
2047
29,896.3
448.2
663.2
0.0
215.0
16,415.3
-733.6
2048
31,012.4
454.1
701.8
0.0
247.7
16,652.6
-715.4
2049
32,126.1
460.1
745.4
0.0
285.3
16,858.3
-690.8
2050
33,235.8
466.2
789.0
0.0
322.8
17,031.6
-664.3
2051
34,341.6
472.2
830.8
0.0
358.6
17,173.2
-637.7
2052
35,442.1
478.4
872.4
0.0
394.0
17,282.6
-609.6
2053
36,546.5
484.7
905.3
0.0
420.6
17,367.8
-588.6
2054
37,654.4
491.0
937.4
0.0
446.4
17,429.0
-567.1
2055
38,765.9
497.4
974.1
0.0
476.7
17,460.9
-539.5
2056
39,881.0
504.0
1,010.2
0.0
506.2
17,463.4
-511.0
2057
40,999.7
510.6
1,045.6
0.0
535.0
17,436.3
-481.5
2058
42,122.5
517.4
1,080.2
0.0
562.8
17,379.6
-451.2
2059
43,249.5
524.2
1,113.9
0.0
589.7
17,293.6
-420.2
2060
44,381.5
531.1
1,146.7
0.0
615.6
17,178.4
-388.5
2061
45,518.9
538.1
1,178.4
0.0
640.3
17,034.3
-356.2
2062
46,662.6
545.2
1,209.0
0.0
663.8
16,861.5
-323.4
2063
47,813.5
552.3
1,238.4
0.0
686.1
16,660.7
-290.3
2064
48,972.8
559.6
1,266.6
0.0
707.0
16,432.3
-256.8
2065
50,141.7
566.9
1,301.8
0.0
734.9
16,168.3
-214.6
2066
51,321.6
574.3
1,336.2
0.0
761.9
15,868.6
-171.2
2067
52,514.0
581.7
1,369.6
0.0
787.8
15,533.2
-126.8
2068
53,720.8
589.3
1,402.0
0.0
812.7
15,162.1
-81.3
2069
54,943.8
596.9
1,433.5
0.0
836.6
14,755.2
-34.8
2070
56,184.9
604.6
1,464.0
0.0
859.4
14,312.7
12.7
2071
57,446.2
612.4
1,493.5
0.0
881.1
13,834.6
61.3
2072
58,729.9
620.2
1,522.0
0.0
901.7
13,320.8
110.8
2073
60,038.5
628.2
1,549.5
0.0
921.3
12,771.5
161.4
2074
61,374.1
636.2
1,576.1
0.0
939.9
12,186.5
213.0
2075
62,739.2
644.3
1,601.8
0.0
957.5
11,565.8
265.7
2076
64,136.4
652.5
1,626.7
0.0
974.2
10,909.3
319.6
2077
65,568.1
660.7
1,650.9
0.0
990.1
10,216.8
374.8
2078
67,036.8
669.2
1,674.4
0.0
1,005.3
9,487.8
431.4
1 Including Social Security Transition Bonds.
Based on Intermediate Assumptions of the 2003 Trustees Report.
 
Office of the Chief Actuary
Social Security Administration
September 9, 2003

Return to memorandum Return to list of memos