Table 1d--Taxable Payroll Information and Amounts of Specified General Fund Transfers 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
OASDI Taxable Payroll
(In Billions of Current Dollars)
Specified General Fund
Transfers under Provision 4
(In Billions of Present Value
Dollars as of 1/1/2003)
Proposal
Present Law
2003
4,387
4,387
0
2004
4,654
4,612
0
2005
4,941
4,866
1
2006
5,245
5,140
2
2007
5,579
5,418
4
2008
5,921
5,702
5
2009
6,230
5,994
6
2010
6,547
6,294
8
2011
6,875
6,601
10
2012
7,208
6,911
12
2013
7,551
7,239
13
2014
7,904
7,575
13
2015
8,268
7,923
13
2016
8,644
8,282
13
2017
9,036
8,656
13
2018
9,442
9,045
12
2019
9,868
9,453
14
2020
10,310
9,876
14
2021
10,771
10,318
14
2022
11,249
10,777
14
2023
11,748
11,255
13
2024
12,267
11,753
13
2025
12,809
12,272
13
2026
13,376
12,815
13
2027
13,969
13,383
13
2028
14,590
13,978
12
2029
15,241
14,601
12
2030
15,921
15,253
12
2031
16,634
15,935
12
2032
17,380
16,649
12
2033
18,159
17,395
12
2034
18,973
18,174
11
2035
19,822
18,987
11
2036
20,710
19,837
11
2037
21,638
20,725
11
2038
22,605
21,651
11
2039
23,615
22,617
11
2040
24,665
23,622
10
2041
25,761
24,670
10
2042
26,903
25,763
10
2043
28,092
26,900
12
2044
29,333
28,086
12
2045
30,623
29,320
11
2046
31,965
30,603
11
2047
33,365
31,940
11
2048
34,823
33,334
11
2049
36,343
34,786
11
2050
37,928
36,302
11
2051
39,578
37,878
10
2052
41,301
39,524
10
2053
43,098
41,241
10
2054
44,974
43,034
10
2055
46,933
44,906
10
2056
48,978
46,860
10
2057
51,116
48,903
9
2058
53,348
51,036
9
2059
55,676
53,261
9
2060
58,106
55,582
9
2061
60,640
58,004
9
2062
63,284
60,530
9
2063
66,045
63,167
10
2064
68,920
65,913
10
2065
71,918
68,778
10
2066
75,045
71,766
10
2067
78,306
74,879
10
2068
81,707
78,127
10
2069
85,251
81,512
9
2070
88,944
85,037
9
2071
92,794
88,712
9
2072
96,808
92,545
9
2073
100,994
96,540
9
2074
105,357
100,705
9
2075
109,905
105,046
8
2076
114,648
109,573
8
2077
119,597
114,296
8
2078
124,756
119,220
Total,
2003-2077
757
Based on Intermediate Assumptions of the 2003 Trustees Report.
Office of the Chief Actuary
Social Security Administration
February 11, 2004
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