Table 1a--Trust Fund Asset Comparison, IA Information, and Cash Flow Data for the Senator Lindsey Graham Proposal
IA proceeds go to surviving spouse's individual account if worker dies before entitlement Ultimate Real Trust Fund Interest Rate 3.00 Ultimate Real IA Rate for Offset 2.70 Assumed IA Participation Rate 100%
Year
Trust Fund Asset Comparison
IA Information
Cash Flow Data
Present Law Trust Fund Assets, End of Year
Proposal Trust Fund Assets, End of Year
IA/Annuity Assets, End of Year
IA Contributions in Year1
IA Disbursements in Year
Net Cash Flow from General Fund to Trust Funds
Change in Annual Unified Budget Cash Flow
(All Amounts are In Billions of Present Value Dollars as of 1/1/2003)
2003
1,453
1,453
0
0.0
0.0
-77
0
2004
1,529
1,529
0
0.0
0.0
-79
0
2005
1,611
1,611
0
0.0
0.0
-83
0
2006
1,695
1,645
109
108.6
0.0
17
-112
2007
1,779
1,680
221
109.3
0.0
19
-113
2008
1,861
1,711
335
109.7
0.0
22
-113
2009
1,937
1,738
451
109.8
0.0
27
-113
2010
2,007
1,760
568
109.6
0.0
33
-112
2011
2,071
1,778
687
109.2
0.6
38
-111
2012
2,128
1,790
805
108.5
1.2
44
-109
2013
2,174
1,796
924
107.8
1.9
52
-107
2014
2,211
1,795
1,043
106.9
2.8
59
-104
2015
2,237
1,787
1,162
105.9
3.7
67
-101
2016
2,251
1,771
1,280
104.7
4.8
75
-97
2017
2,254
1,747
1,397
103.6
5.9
83
-93
2018
2,245
1,714
1,514
102.3
7.2
90
-89
2019
2,224
1,675
1,629
101.0
8.6
97
-84
2020
2,191
1,627
1,743
99.7
10.1
104
-79
2021
2,147
1,573
1,856
98.4
11.7
111
-74
2022
2,092
1,513
1,967
97.1
13.4
117
-69
2023
2,027
1,448
2,077
95.7
15.2
121
-63
2024
1,954
1,379
2,184
94.4
17.1
124
-58
2025
1,873
1,307
2,289
92.9
19.1
126
-52
2026
1,785
1,233
2,392
91.4
21.2
128
-46
2027
1,690
1,158
2,493
90.0
23.4
129
-40
2028
1,589
1,082
2,591
88.6
25.7
129
-34
2029
1,483
1,007
2,686
87.2
28.1
128
-28
2030
1,372
932
2,779
85.9
30.6
126
-22
2031
1,259
859
2,868
84.6
33.1
124
-17
2032
1,144
789
2,955
83.3
35.8
120
-11
2033
1,026
722
3,038
82.0
38.5
117
-5
2034
908
659
3,118
80.8
41.3
112
0
2035
789
601
3,195
79.6
44.2
107
6
2036
671
546
3,268
78.3
47.1
102
11
2037
552
497
3,338
77.2
50.1
96
16
2038
435
452
3,404
76.0
53.1
90
21
2039
319
413
3,466
74.8
56.2
84
26
2040
204
380
3,524
73.6
59.4
78
31
2041
91
351
3,579
72.5
62.6
72
36
2042
--
328
3,629
71.4
65.8
67
41
2043
--
310
3,675
70.2
69.1
61
45
2044
--
296
3,716
69.1
72.4
55
50
2045
--
288
3,753
68.0
75.7
50
54
2046
--
284
3,786
66.9
79.1
45
59
2047
--
284
3,814
65.8
82.3
40
63
2048
--
288
3,838
64.8
85.5
35
68
2049
--
297
3,857
63.7
89.2
30
72
2050
--
309
3,871
62.7
92.5
26
76
2051
--
325
3,881
61.6
95.5
21
80
2052
--
344
3,887
60.6
97.8
18
83
2053
--
366
3,890
59.6
100.0
14
87
2054
--
391
3,890
58.6
102.0
11
90
2055
--
418
3,886
57.7
103.9
8
93
2056
--
448
3,880
56.7
105.5
5
95
2057
--
480
3,871
55.8
107.0
2
98
2058
--
513
3,859
54.9
108.3
0
100
2059
--
549
3,845
54.0
109.4
-3
102
2060
--
587
3,829
53.1
110.4
-5
103
2061
--
627
3,811
52.3
111.2
-8
105
2062
--
668
3,791
51.4
111.8
-10
106
2063
--
711
3,770
50.6
112.2
-12
108
2064
--
755
3,747
49.7
112.5
-13
109
2065
--
800
3,726
48.9
112.6
-15
110
2066
--
845
3,704
48.1
112.6
-16
111
2067
--
892
3,681
47.3
112.4
-18
111
2068
--
940
3,657
46.5
112.1
-19
112
2069
--
988
3,633
45.8
111.6
-20
112
2070
--
1,037
3,608
45.0
111.1
-21
113
2071
--
1,086
3,583
44.2
110.4
-22
113
2072
--
1,135
3,558
43.5
109.5
-23
114
2073
--
1,185
3,532
42.8
108.6
-24
114
2074
--
1,235
3,507
42.1
107.6
-24
114
2075
--
1,286
3,482
41.4
106.5
-25
114
2076
--
1,336
3,457
40.7
105.4
-26
114
2077
--
1,387
3,433
40.0
104.1
-26
114
3,086
1,439
Based on Intermediate Assumptions of the 2003 Trustees Report.
1 Includes matching low-income subsidy from the General Fund of the Treasury but excludes the effect of any voluntary worker contributions.
Office of the Chief Actuary Social Security Administration November 18, 2003