Table 1a—Estimated Financial Effects of "The Progressive Personal Account Plan"

Table 1a -- Proposal General Fund Transfers, OASDI Trust Fund Assets, Individual Account Assets, and Theoretical OASDI Assets
Calendar Year	Proposal General Fund Transfers			Accumulated General Fund Transfers at End of Year	Total OASDI Trust Fund Assets at End of Year	Individual Account Assets¹at End of Year	Theoretical Social Security² with Borrowing Authority; Net OASDI Trust Fund Assets End of Year
	Specified for Slowed Federal Government Spending	Corporate Tax Recap	Reverse Transfers for Annual Balance	Accumulated General Fund Transfers at End of Year	Total OASDI Trust Fund Assets at End of Year	Individual Account Assets¹at End of Year	Without General Fund Transfer	With General Fund Transfer (amount for Ferrara)
	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
	Billions of Constant 2003 Dollars
2003	0	0	0	0	1,543	0	1,543	1,543
2004	0	0	0	0	1,683	0	1,683	1,683
2005	12	3	0	15	1,591	260	1,833	1,848
2006	36	8	0	61	1,506	556	1,990	2,050
2007	61	13	0	139	1,440	880	2,154	2,293
2008	87	19	0	252	1,392	1,233	2,323	2,575
2009	113	25	0	402	1,363	1,616	2,493	2,896
2010	141	32	0	592	1,352	2,029	2,664	3,257
2011	169	39	0	824	1,362	2,473	2,835	3,659
2012	198	46	0	1,100	1,393	2,945	3,001	4,101
2013	201	54	0	1,397	1,418	3,446	3,161	4,557
2014	205	62	0	1,714	1,437	3,975	3,312	5,026
2015	208	71	0	2,053	1,449	4,535	3,452	5,505
2016	212	80	0	2,416	1,455	5,122	3,579	5,995
2017	215	89	0	2,802	1,455	5,739	3,691	6,492
2018	219	100	0	3,213	1,451	6,386	3,786	6,999
2019	222	110	0	3,652	1,443	7,063	3,863	7,515
2020	226	121	0	4,119	1,432	7,771	3,921	8,040
2021	229	133	0	4,616	1,418	8,509	3,956	8,572
2022	233	145	0	5,144	1,403	9,279	3,971	9,114
2023	237	157	0	5,704	1,390	10,081	3,964	9,668
2024	240	170	0	6,298	1,382	10,914	3,936	10,234
2025	244	184	0	6,928	1,380	11,778	3,885	10,813
2026	248	198	0	7,595	1,387	12,674	3,813	11,408
2027	252	212	0	8,302	1,405	13,602	3,718	12,020
2028	256	227	0	9,049	1,438	14,560	3,601	12,649
2029	260	243	7	9,830	1,481	15,550	3,461	13,291
2030	264	259	27	10,636	1,525	16,571	3,300	13,936
2031	268	275	49	11,465	1,571	17,621	3,119	14,583
2032	273	292	74	12,314	1,618	18,701	2,917	15,231
2033	277	309	101	13,183	1,666	19,810	2,696	15,879
2034	282	327	131	14,070	1,716	20,947	2,457	16,527
2035	286	344	164	14,973	1,767	22,110	2,200	17,173
2036	291	363	198	15,892	1,820	23,299	1,925	17,817
2037	296	382	235	16,824	1,875	24,511	1,634	18,458
2038	300	401	274	17,769	1,931	25,746	1,326	19,095
2039	305	420	315	18,725	1,989	27,001	1,001	19,726
2040	310	439	358	19,690	2,049	28,275	661	20,350
2041	315	459	402	20,663	2,110	29,564	303	20,966
2042	320	479	449	21,643	2,173	30,867	-73	21,570
2043	325	499	497	22,629	2,238	32,180	-467	22,162
2044	330	519	547	23,619	2,305	33,499	-881	22,738
2045	335	539	597	24,613	2,374	34,823	-1,316	23,296
2046	340	559	649	25,609	2,445	36,148	-1,774	23,835
2047	345	579	701	26,607	2,517	37,473	-2,255	24,352
2048	350	599	755	27,605	2,593	38,791	-2,761	24,845
2049	356	619	808	28,604	2,670	40,091	-3,292	25,312
2050	361	638	862	29,603	2,750	41,371	-3,851	25,751
2051	366	657	916	30,601	2,832	42,631	-4,440	26,161
2052	372	675	970	31,598	2,916	43,866	-5,059	26,539
2053	377	693	1,023	32,595	3,003	45,089	-5,710	26,885
2054	383	711	1,074	33,594	3,094	46,300	-6,394	27,199
2055	389	729	1,118	34,601	3,186	47,498	-7,113	27,488
2056	395	747	1,142	35,639	3,282	48,681	-7,867	27,772
2057	401	764	1,165	36,709	3,380	49,849	-8,657	28,051
2058	407	782	1,188	37,810	3,481	51,002	-9,485	28,325
2059	413	799	1,211	38,944	3,585	52,138	-10,350	28,594
2060	419	815	1,234	40,112	3,692	53,258	-11,255	28,858
2061	425	832	1,257	41,316	3,803	54,361	-12,199	29,117
2062	432	848	1,279	42,555	3,917	55,447	-13,185	29,370
2063	438	864	1,302	43,832	4,034	56,517	-14,215	29,617
2064	445	879	1,324	45,147	4,155	57,571	-15,289	29,858
2065	451	895	1,346	46,501	4,279	58,609	-16,411	30,090
2066	458	910	1,368	47,896	4,407	59,632	-17,581	30,315
2067	465	925	1,390	49,333	4,539	60,641	-18,802	30,531
2068	472	940	1,412	50,813	4,675	61,637	-20,076	30,738
2069	479	954	1,433	52,338	4,815	62,620	-21,404	30,934
2070	486	969	1,455	53,908	4,959	63,593	-22,789	31,119
2071	493	983	1,476	55,525	5,108	64,557	-24,232	31,293
2072	500	997	1,498	57,191	5,260	65,513	-25,736	31,455
2073	508	1,012	1,519	58,906	5,418	66,462	-27,303	31,603
2074	515	1,026	1,541	60,674	5,580	67,406	-28,935	31,739
2075	523	1,040	1,563	62,494	5,747	68,346	-30,634	31,860
2076	530	1,054	1,584	64,369	5,920	69,284	-32,402	31,966
2077	538	1,068	1,606	66,300	6,097	70,221	-34,242	32,058
2078	546	1,082	1,628	68,289	6,279	71,158	-36,156	32,133
Based on Intermediate Assumptions of the 2003 Trustees Report. ¹ Including annuity assets, assuming all annuitize fully. ² Theoretical Social Security is the current Social Security program with the assumption that the law is modified to permit borrowing from the General Fund of the Treasury.
					Office of the Actuary Social Security Administration Revised -- December 8, 2003