Table 1b--IA Contributions, Offsets to OASDI Trust Funds from IAs, and Budget Effects for 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
Contributions
to IA by Federal
Government1
Offset to
OASI
Benefits
from IAs2
Other Changes
in OASDI
Cash Flow
Change
in Annual
Unified Budget
Cash Flow
Change in
Debt Held
by Public
(end of year)
Change in
Annual
Unified Budget
Balance
(In Billions of Present Value Dollars as of 1/1/2003)
2004
0.0
0.0
7.4
7.4
-7.6
7.6
2005
0.0
0.0
18.8
18.8
-27.3
19.9
2006
96.4
0.0
21.5
-74.8
48.9
-75.5
2007
101.1
0.0
29.9
-71.2
123.9
-76.4
2008
105.8
0.0
38.6
-67.2
197.0
-76.8
2009
109.6
0.0
43.0
-66.6
271.8
-80.5
2010
113.3
0.0
47.6
-65.7
348.0
-84.1
2011
116.7
0.0
52.8
-64.0
424.6
-86.8
2012
120.0
0.0
58.0
-62.0
501.5
-89.3
2013
123.1
0.0
63.1
-59.9
578.6
-91.7
2014
126.0
0.0
68.9
-57.2
655.1
-93.4
2015
128.8
0.0
74.8
-54.1
730.7
-94.6
2016
131.5
0.0
81.2
-50.3
804.5
-95.1
2017
134.1
0.0
88.2
-45.8
875.9
-94.8
2018
136.6
0.0
95.7
-40.8
944.2
-93.8
2019
139.1
0.0
103.3
-35.7
1,009.3
-92.6
2020
141.5
0.0
111.9
-29.5
1,070.0
-90.1
2021
143.9
0.0
121.2
-22.7
1,125.5
-86.6
2022
146.2
0.0
130.2
-16.0
1,175.7
-83.0
2023
148.6
0.0
139.4
-9.2
1,220.5
-79.0
2024
150.9
0.0
149.0
-1.9
1,259.1
-74.1
2025
153.2
0.0
158.9
5.7
1,291.0
-68.6
2026
155.3
0.0
169.1
13.8
1,315.5
-62.1
2027
157.5
0.0
180.1
22.6
1,331.7
-54.5
2028
159.7
0.0
191.6
32.0
1,338.7
-45.8
2029
162.0
0.0
203.6
41.6
1,336.0
-36.3
2030
164.3
0.0
215.8
51.5
1,323.0
-25.9
2031
166.6
0.0
228.5
61.9
1,298.9
-14.5
2032
169.0
0.0
241.5
72.5
1,263.2
-2.1
2033
171.4
0.0
254.7
83.3
1,215.3
11.1
2034
173.9
0.0
268.1
94.2
1,154.8
25.1
2035
176.4
0.0
281.5
105.1
1,081.1
40.0
2036
178.9
0.0
294.8
115.9
994.2
55.5
2037
181.5
0.0
308.2
126.7
893.5
71.7
2038
184.1
0.0
321.7
137.6
778.6
88.9
2039
186.7
0.0
335.4
148.6
648.8
107.1
2040
189.3
0.0
349.3
159.9
503.5
126.4
2041
192.0
0.0
363.8
171.8
341.7
147.2
2042
194.7
0.0
378.7
184.0
162.4
169.3
2043
197.3
0.0
394.1
196.7
-35.3
193.0
2044
200.0
0.0
409.9
209.9
-252.6
218.2
2045
202.8
0.0
426.2
223.4
-490.3
245.1
2046
205.5
0.0
443.1
237.6
-749.7
273.8
2047
208.2
0.0
460.4
252.2
-1,031.9
304.0
2048
211.0
0.0
477.9
266.9
-1,337.8
335.9
2049
213.8
0.0
495.8
282.0
-1,668.4
369.6
2050
216.6
0.0
513.9
297.3
-2,024.6
404.8
2051
219.5
0.0
532.0
312.5
-2,407.2
441.6
2052
222.3
0.0
550.1
327.8
-2,817.1
480.0
2053
225.3
0.0
568.1
342.9
-3,254.7
519.7
2054
228.2
0.0
585.8
357.6
-3,720.7
560.8
2055
231.2
0.0
603.4
372.2
-4,215.7
603.3
2056
234.3
0.0
620.8
386.6
-4,740.3
647.4
2057
237.4
0.0
638.2
400.8
-5,295.4
693.1
2058
240.5
0.0
655.2
414.7
-5,881.3
740.2
2059
243.7
0.0
672.0
428.3
-6,498.9
788.9
2060
246.9
0.0
688.7
441.8
-7,148.9
839.3
2061
250.2
0.0
705.5
455.3
-7,832.3
891.6
2062
253.5
0.0
722.3
468.8
-8,550.2
946.0
2063
256.8
0.0
739.3
482.5
-9,303.6
1,002.5
2064
260.2
0.0
756.1
495.9
-10,093.5
1,060.9
2065
263.6
0.0
773.0
509.4
-10,921.0
1,121.5
2066
267.1
0.0
790.0
522.9
-11,787.3
1,184.3
2067
270.6
0.0
807.0
536.5
-12,693.5
1,249.5
2068
274.1
0.0
824.3
550.2
-13,641.0
1,317.2
2069
277.6
0.0
841.3
563.7
-14,630.8
1,387.1
2070
281.2
0.0
858.7
577.5
-15,664.5
1,459.9
2071
284.9
0.0
876.2
591.3
-16,743.5
1,535.2
2072
288.5
0.0
893.6
605.1
-17,869.1
1,613.3
2073
292.2
0.0
911.1
618.9
-19,042.6
1,694.0
2074
296.0
0.0
928.7
632.7
-20,265.6
1,777.6
2075
299.8
0.0
946.3
646.5
-21,539.5
1,864.1
2076
303.6
0.0
963.9
660.4
-22,865.8
1,953.7
2077
307.5
0.0
981.6
674.2
-24,246.2
2,046.4
2078
311.4
0.0
999.5
688.1
-25,682.3
2,142.3
 
 
 
 
 
 
 
1 Contributions are redirections from OASDI payroll taxes.
2 Offsets to OASI benefits based on IA proceeds do not occur under this proposal.

Based on Intermediate Assumptions of the 2003 Trustees Report.
 
Office of the Chief Actuary
Social Security Administration
Revised February 25, 2004

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