Table 1a -- Comparison of Trust Fund Assets and Effective Taxable Payroll for the Diamond-Orszag Proposal
With Ultimate Real Trust Fund Interest Rate of 3.0
Year
OASDI Trust Fund Assets (EOY)
OASDI Effective Taxable Payroll
Present Law
Proposal
Present Law
Proposal
(In billions of Constant 2003 Dollars)
2003
1,543
1,543
4,387
4,387
2004
1,683
1,683
4,504
4,504
2005
1,833
1,859
4,628
4,838
2006
1,990
2,045
4,749
4,968
2007
2,154
2,240
4,860
5,090
2008
2,323
2,444
4,967
5,218
2009
2,493
2,654
5,069
5,344
2010
2,664
2,868
5,167
5,465
2011
2,835
3,087
5,261
5,582
2012
3,001
3,301
5,348
5,691
2013
3,161
3,511
5,439
5,800
2014
3,312
3,717
5,526
5,905
2015
3,452
3,915
5,611
6,008
2016
3,579
4,104
5,694
6,109
2017
3,691
4,281
5,779
6,209
2018
3,786
4,444
5,862
6,312
2019
3,863
4,594
5,948
6,414
2020
3,921
4,728
6,033
6,516
2021
3,957
4,844
6,120
6,619
2022
3,971
4,941
6,206
6,721
2023
3,964
5,023
6,292
6,825
2024
3,936
5,091
6,379
6,930
2025
3,885
5,143
6,467
7,036
2026
3,813
5,181
6,557
7,144
2027
3,718
5,205
6,648
7,253
2028
3,601
5,214
6,741
7,365
2029
3,461
5,211
6,836
7,480
2030
3,300
5,196
6,933
7,597
2031
3,119
5,172
7,033
7,716
2032
2,917
5,139
7,134
7,837
2033
2,696
5,099
7,236
7,960
2034
2,457
5,053
7,340
8,086
2035
2,200
5,004
7,445
8,213
2036
1,925
4,951
7,552
8,342
2037
1,634
4,898
7,660
8,473
2038
1,326
4,843
7,769
8,601
2039
1,001
4,788
7,880
8,732
2040
661
4,734
7,990
8,862
2041
303
4,681
8,101
8,993
2042
--
4,629
8,214
9,126
2043
--
4,578
8,327
9,256
2044
--
4,528
8,440
9,388
2045
--
4,478
8,555
9,521
2046
--
4,428
8,669
9,653
2047
--
4,378
8,784
9,787
2048
--
4,328
8,900
9,922
2049
--
4,277
9,018
10,058
2050
--
4,225
9,136
10,196
2051
--
4,173
9,256
10,335
2052
--
4,119
9,377
10,475
2053
--
4,064
9,499
10,617
2054
--
4,007
9,623
10,762
2055
--
3,950
9,749
10,908
2056
--
3,891
9,877
11,053
2057
--
3,832
10,008
11,199
2058
--
3,773
10,140
11,348
2059
--
3,715
10,274
11,499
2060
--
3,658
10,409
11,651
2061
--
3,603
10,546
11,805
2062
--
3,550
10,685
11,962
2063
--
3,499
10,826
12,120
2064
--
3,450
10,967
12,280
2065
--
3,405
11,111
12,441
2066
--
3,362
11,256
12,604
2067
--
3,322
11,402
12,769
2068
--
3,285
11,550
12,936
2069
--
3,251
11,699
13,105
2070
--
3,222
11,850
13,274
2071
--
3,196
12,002
13,446
2072
--
3,175
12,156
13,619
2073
--
3,159
12,311
13,794
2074
--
3,150
12,468
13,972
2075
--
3,146
12,627
14,151
2076
--
3,149
12,788
14,332
2077
--
3,159
12,950
14,515
2078
--
3,178
13,115
14,701
1
Based on Intermediate Assumptions of the 2003 Trustees Report
Office of the Actuary
Social Security Administration
October 6, 2003
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