Table 3b--PRSA Contributions, Offsets to OASDI Trust Funds from PRSAs, and Budget Effects
IA proceeds go to estate if worker dies before entitlement Ultimate Real Trust Fund Interest Rate 3.00 Ultimate Real PRSA Rate for Offset 3.70 Assumed PRSA Participation Rate 100%
|
Year
|
Contributions to PRSA by Federal Government Based on Earnings
|
Offsets to OASDI Trust Funds from PRSAs
|
Other Changes in OASDI Cash Flow 1/
|
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 Constant 2003 Dollars)
|
2004
|
0.0
|
0.0
|
-0.7
|
-0.7
|
0.7
|
-0.7
|
2005
|
132.1
|
0.0
|
-11.2
|
-143.4
|
148.4
|
-147.8
|
2006
|
136.0
|
0.1
|
-8.4
|
-144.2
|
301.7
|
-157.5
|
2007
|
139.5
|
0.4
|
-5.5
|
-144.5
|
460.1
|
-167.2
|
2008
|
142.8
|
0.9
|
-2.3
|
-144.2
|
623.2
|
-176.5
|
2009
|
146.0
|
1.5
|
1.8
|
-142.7
|
789.7
|
-184.7
|
2010
|
149.1
|
2.4
|
7.0
|
-139.8
|
958.3
|
-191.6
|
2011
|
152.1
|
3.4
|
13.3
|
-135.4
|
1,127.3
|
-197.0
|
2012
|
154.8
|
4.6
|
20.5
|
-129.7
|
1,295.5
|
-201.1
|
2013
|
157.7
|
6.1
|
28.6
|
-123.0
|
1,461.8
|
-204.0
|
2014
|
160.4
|
7.8
|
37.3
|
-115.3
|
1,625.1
|
-205.9
|
2015
|
163.1
|
9.8
|
46.5
|
-106.8
|
1,784.3
|
-206.6
|
2016
|
165.7
|
12.0
|
56.4
|
-97.3
|
1,938.3
|
-206.0
|
2017
|
168.3
|
14.5
|
66.9
|
-86.9
|
2,086.0
|
-204.2
|
2018
|
170.9
|
17.3
|
77.9
|
-75.8
|
2,226.6
|
-201.4
|
2019
|
173.6
|
20.4
|
89.2
|
-64.1
|
2,359.4
|
-197.6
|
2020
|
176.2
|
23.8
|
100.8
|
-51.7
|
2,483.4
|
-192.7
|
2021
|
178.9
|
27.5
|
112.7
|
-38.6
|
2,597.7
|
-186.6
|
2022
|
181.5
|
31.6
|
124.7
|
-25.2
|
2,701.6
|
-179.5
|
2023
|
184.2
|
36.1
|
136.8
|
-11.3
|
2,794.3
|
-171.4
|
2024
|
186.9
|
41.0
|
149.3
|
3.3
|
2,874.7
|
-161.8
|
2025
|
189.6
|
46.2
|
161.8
|
18.4
|
2,942.0
|
-151.0
|
2026
|
209.3
|
51.8
|
174.9
|
17.5
|
3,012.3
|
-156.0
|
2027
|
212.4
|
57.9
|
188.7
|
34.2
|
3,067.4
|
-142.8
|
2028
|
215.6
|
64.5
|
202.6
|
51.5
|
3,106.3
|
-128.3
|
2029
|
218.8
|
71.5
|
216.2
|
69.0
|
3,128.5
|
-112.6
|
2030
|
222.1
|
79.0
|
229.5
|
86.5
|
3,133.2
|
-95.9
|
2031
|
225.4
|
87.1
|
243.7
|
105.4
|
3,118.7
|
-76.7
|
2032
|
228.8
|
95.6
|
258.2
|
125.0
|
3,083.5
|
-55.7
|
2033
|
232.3
|
104.7
|
272.9
|
145.3
|
3,026.4
|
-32.7
|
2034
|
235.7
|
114.3
|
287.4
|
166.0
|
2,946.2
|
-8.0
|
2035
|
239.2
|
124.5
|
301.1
|
186.3
|
2,842.7
|
17.7
|
2036
|
242.7
|
135.2
|
314.9
|
207.4
|
2,714.3
|
45.6
|
2037
|
246.3
|
146.5
|
328.9
|
229.1
|
2,559.7
|
75.5
|
2038
|
249.9
|
158.4
|
343.0
|
251.5
|
2,377.4
|
107.7
|
2039
|
273.9
|
170.9
|
357.0
|
254.0
|
2,187.1
|
121.0
|
2040
|
294.4
|
184.1
|
370.3
|
260.0
|
1,985.0
|
138.5
|
2041
|
315.4
|
198.0
|
384.6
|
267.2
|
1,769.3
|
157.9
|
2042
|
336.9
|
212.5
|
399.5
|
275.2
|
1,538.9
|
178.8
|
2043
|
358.9
|
227.9
|
415.0
|
284.0
|
1,292.5
|
201.6
|
2044
|
381.3
|
244.1
|
431.1
|
293.8
|
1,028.7
|
226.2
|
2045
|
404.3
|
260.7
|
447.0
|
303.4
|
747.0
|
251.7
|
2046
|
427.8
|
277.7
|
464.0
|
313.9
|
446.1
|
279.2
|
2047
|
451.8
|
295.1
|
481.6
|
324.9
|
124.9
|
308.2
|
2048
|
476.4
|
312.8
|
499.6
|
336.0
|
-217.5
|
338.7
|
2049
|
501.5
|
330.8
|
518.2
|
347.5
|
-581.9
|
370.8
|
2050
|
527.1
|
349.2
|
536.7
|
358.7
|
-968.9
|
403.9
|
2051
|
553.3
|
368.0
|
555.8
|
370.5
|
-1,379.5
|
438.9
|
2052
|
580.1
|
387.2
|
575.5
|
382.5
|
-1,814.9
|
475.6
|
2053
|
607.5
|
406.8
|
595.3
|
394.6
|
-2,275.8
|
513.7
|
2054
|
635.5
|
426.8
|
615.4
|
406.7
|
-2,763.0
|
553.5
|
2055
|
664.2
|
445.6
|
635.6
|
417.1
|
-3,275.5
|
592.9
|
2056
|
693.5
|
464.8
|
655.9
|
427.2
|
-3,813.7
|
633.6
|
2057
|
723.6
|
484.3
|
676.4
|
437.1
|
-4,378.3
|
675.7
|
2058
|
754.3
|
504.1
|
696.8
|
446.6
|
-4,969.7
|
718.9
|
2059
|
785.7
|
524.3
|
717.3
|
456.0
|
-5,588.5
|
763.5
|
2060
|
817.8
|
545.0
|
737.9
|
465.1
|
-6,235.2
|
809.5
|
2061
|
850.5
|
566.1
|
758.7
|
474.2
|
-6,910.7
|
857.1
|
2062
|
884.0
|
587.7
|
779.8
|
483.5
|
-7,616.0
|
906.6
|
2063
|
918.2
|
609.7
|
801.4
|
492.9
|
-8,352.1
|
958.0
|
2064
|
953.1
|
632.4
|
823.3
|
502.5
|
-9,120.3
|
1,011.4
|
2065
|
965.6
|
652.1
|
845.8
|
532.4
|
-9,942.2
|
1,087.6
|
2066
|
978.2
|
672.2
|
868.8
|
562.8
|
-10,820.1
|
1,167.5
|
2067
|
991.0
|
692.6
|
892.2
|
593.8
|
-11,756.4
|
1,251.4
|
2068
|
1,003.9
|
713.2
|
916.2
|
625.5
|
-12,753.4
|
1,339.4
|
2069
|
1,016.9
|
734.1
|
940.7
|
657.8
|
-13,813.5
|
1,431.6
|
2070
|
1,030.1
|
755.3
|
963.6
|
688.8
|
-14,937.4
|
1,526.2
|
2071
|
1,043.3
|
776.8
|
986.8
|
720.3
|
-16,127.5
|
1,625.1
|
2072
|
1,056.7
|
798.7
|
1,010.3
|
752.4
|
-17,386.2
|
1,728.5
|
2073
|
1,070.2
|
820.9
|
1,034.2
|
784.9
|
-18,716.3
|
1,836.4
|
2074
|
1,083.8
|
843.5
|
1,058.5
|
818.2
|
-20,120.5
|
1,949.4
|
2075
|
1,097.6
|
866.5
|
1,083.2
|
852.1
|
-21,601.7
|
2,067.3
|
2076
|
1,111.5
|
889.9
|
1,108.2
|
886.5
|
-23,162.9
|
2,190.4
|
2077
|
1,125.7
|
913.8
|
1,133.5
|
921.6
|
-24,807.1
|
2,318.8
|
2078
|
1,140.0
|
938.2
|
1,159.1
|
957.2
|
-26,537.2
|
2,452.7
|
Based on Intermediate Assumptions of the 2003 Trustees Report. 1/ Excluding the effect of general fund transfers to the Trust Funds, which do not affect the unified budget.
|
|
Office of the Chief Actuary Social Security Administration September 9, 2003
|