Table 1a--Trust Fund Asset Comparison and IA Information of the Bipartisan Retirement Security Act
IA proceeds go to estate if worker dies before entitlement

Ultimate Real Trust Fund Interest Rate 3.00
Ultimate Real IA Yield Rate 4.45
Ultimate Real Annuity Yield Rate 3.00
Year
Trust Fund Asset Comparison
IA Information
Present Law
Trust Fund Assets,
End of Year
Proposal
Trust Fund Assets,
End of Year
IA/Annuity
Assets,
End of Year
IA
Contributions
in Year
IA
Disbursements
in Year 1
(In Billions of Present Value Dollars as of 1/1/2003)
2003
1,453
1,453
0
0.0
0.0
2004
1,529
1,536
0
0.0
0.0
2005
1,611
1,636
0
0.0
0.0
2006
1,695
1,656
85
84.6
0.0
2007
1,779
1,683
173
86.1
0.0
2008
1,861
1,714
263
87.3
0.0
2009
1,937
1,743
354
87.7
0.0
2010
2,007
1,771
447
87.9
0.0
2011
2,071
1,799
541
87.9
0.0
2012
2,128
1,825
636
87.6
0.0
2013
2,174
1,847
731
87.2
0.8
2014
2,211
1,863
826
86.7
1.5
2015
2,237
1,872
920
86.0
2.4
2016
2,251
1,875
1,013
85.2
3.3
2017
2,254
1,871
1,106
84.3
4.3
2018
2,245
1,860
1,197
83.4
5.4
2019
2,224
1,844
1,287
82.5
6.6
2020
2,191
1,821
1,376
81.4
7.9
2021
2,147
1,791
1,463
80.4
9.2
2022
2,092
1,754
1,549
79.3
10.6
2023
2,027
1,712
1,633
78.3
12.1
2024
1,954
1,664
1,714
77.2
13.7
2025
1,873
1,613
1,794
76.1
15.3
2026
1,785
1,557
1,872
74.9
17.0
2027
1,690
1,499
1,946
73.7
18.8
2028
1,589
1,439
2,019
72.6
20.7
2029
1,483
1,377
2,089
71.5
22.6
2030
1,372
1,315
2,156
70.4
24.6
2031
1,259
1,254
2,221
69.3
26.6
2032
1,144
1,193
2,282
68.2
28.7
2033
1,026
1,133
2,341
67.2
30.8
2034
908
1,076
2,397
66.2
32.9
2035
789
1,021
2,450
65.2
35.1
2036
671
968
2,499
64.2
37.4
2037
552
919
2,546
63.2
39.7
2038
435
872
2,589
62.3
42.0
2039
319
828
2,629
61.3
44.3
2040
204
788
2,665
60.3
46.6
2041
91
750
2,698
59.4
49.0
2042
-
716
2,728
58.5
51.4
2043
-
687
2,753
57.6
53.8
2044
-
660
2,776
56.7
56.2
2045
-
636
2,794
55.7
58.6
2046
-
615
2,809
54.9
61.1
2047
-
595
2,820
54.0
63.4
2048
-
578
2,828
53.1
65.7
2049
-
563
2,831
52.2
68.3
2050
-
550
2,831
51.4
70.8
2051
-
538
2,826
50.5
73.2
2052
-
528
2,818
49.7
75.5
2053
-
518
2,807
48.9
77.6
2054
-
510
2,792
48.1
78.9
2055
-
502
2,776
47.3
80.1
2056
-
496
2,757
46.5
81.1
2057
-
490
2,736
45.8
82.1
2058
-
484
2,712
45.0
82.8
2059
-
480
2,687
44.3
83.5
2060
-
475
2,661
43.6
84.0
2061
-
472
2,633
42.9
84.4
2062
-
469
2,603
42.2
84.7
2063
-
468
2,572
41.5
84.9
2064
-
468
2,540
40.8
84.9
2065
-
467
2,509
40.1
84.9
2066
-
467
2,477
39.5
84.7
2067
-
467
2,444
38.8
84.4
2068
-
467
2,411
38.2
84.0
2069
-
467
2,377
37.6
83.6
2070
-
467
2,342
36.9
83.0
2071
-
467
2,308
36.3
82.4
2072
-
466
2,273
35.7
81.7
2073
-
466
2,238
35.1
80.9
2074
-
465
2,203
34.5
80.1
2075
-
464
2,168
34.0
79.2
2076
-
463
2,133
33.4
78.3
2077
-
462
2,098
32.8
77.3
Based on Intermediate Assumptions of the 2003 Trustees Report.

1 Excludes proceeds to workers' estates in the case of death before benefit entitlement.
 
Office of the Chief Actuary
Social Security Administration
February 11, 2004

Return to memorandum List of memos