Table 2a—Estimated Financial Effects of "The Progressive Personal Account Plan"

Table 2a -- OASDI Trust Fund under Proposal (Cash Reserve and Assets Net of Borrowing from IAs), 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	2	0	14	1,590	257	1,833	1,847
2006	36	5	0	57	1,502	543	1,990	2,046
2007	61	8	0	129	1,430	850	2,154	2,283
2008	87	11	0	234	1,374	1,177	2,323	2,557
2009	113	14	0	373	1,333	1,524	2,493	2,866
2010	141	18	0	547	1,307	1,891	2,664	3,212
2011	169	21	0	760	1,298	2,277	2,835	3,595
2012	198	25	0	1,012	1,304	2,679	3,001	4,013
2013	227	28	0	1,306	1,325	3,097	3,161	4,466
2014	257	32	0	1,643	1,362	3,530	3,312	4,954
2015	287	36	0	2,025	1,415	3,978	3,452	5,477
2016	292	40	0	2,428	1,458	4,439	3,579	6,007
2017	297	44	0	2,851	1,491	4,912	3,691	6,542
2018	302	48	0	3,297	1,514	5,399	3,786	7,083
2019	307	52	0	3,765	1,529	5,898	3,863	7,628
2020	311	57	0	4,258	1,533	6,409	3,921	8,178
2021	316	61	0	4,775	1,529	6,931	3,956	8,731
2022	321	66	0	5,317	1,515	7,465	3,971	9,288
2023	327	71	0	5,886	1,496	8,010	3,964	9,850
2024	332	76	0	6,482	1,471	8,565	3,936	10,418
2025	337	81	0	7,107	1,443	9,130	3,885	10,992
2026	342	86	0	7,760	1,412	9,704	3,813	11,573
2027	348	91	0	8,444	1,380	10,287	3,718	12,162
2028	353	96	0	9,160	1,351	10,879	3,601	12,760
2029	359	101	0	9,908	1,325	11,478	3,461	13,369
2030	364	106	0	10,690	1,305	12,085	3,300	13,990
2031	370	111	0	11,506	1,294	12,698	3,119	14,625
2032	376	117	0	12,359	1,294	13,317	2,917	15,276
2033	382	122	0	13,249	1,308	13,942	2,696	15,946
2034	389	127	0	14,178	1,338	14,572	2,457	16,635
2035	395	133	7	15,140	1,378	15,205	2,200	17,340
2036	401	138	25	16,124	1,419	15,842	1,925	18,049
2037	408	143	45	17,128	1,461	16,481	1,634	18,762
2038	414	149	66	18,154	1,505	17,122	1,326	19,480
2039	421	154	89	19,199	1,549	17,764	1,001	20,200
2040	428	159	113	20,263	1,595	18,405	661	20,924
2041	434	165	137	21,347	1,643	19,045	303	21,649
2042	441	170	164	22,447	1,692	19,683	-73	22,374
2043	448	175	191	23,566	1,743	20,318	-467	23,099
2044	455	180	219	24,702	1,795	20,948	-881	23,820
2045	462	185	247	25,855	1,848	21,573	-1,316	24,538
2046	469	190	277	27,024	1,903	22,192	-1,774	25,250
2047	476	195	308	28,210	1,960	22,805	-2,255	25,954
2048	483	200	338	29,412	2,018	23,409	-2,761	26,651
2049	491	205	368	30,631	2,078	24,002	-3,292	27,339
2050	498	210	398	31,868	2,140	24,582	-3,851	28,017
2051	505	214	428	33,124	2,205	25,151	-4,440	28,685
2052	513	218	458	34,400	2,271	25,709	-5,059	29,341
2053	520	223	488	35,695	2,338	26,259	-5,710	29,985
2054	528	227	517	37,011	2,409	26,804	-6,394	30,616
2055	536	231	546	38,349	2,481	27,341	-7,113	31,236
2056	544	236	575	39,710	2,555	27,873	-7,867	31,843
2057	552	240	603	41,097	2,632	28,398	-8,657	32,439
2058	561	244	630	42,509	2,710	28,918	-9,485	33,025
2059	569	248	656	43,951	2,790	29,433	-10,350	33,601
2060	578	252	680	45,424	2,873	29,943	-11,255	34,170
2061	587	256	703	46,932	2,959	30,448	-12,199	34,732
2062	595	260	725	48,474	3,048	30,949	-13,185	35,289
2063	604	264	746	50,054	3,139	31,447	-14,215	35,840
2064	613	268	765	51,676	3,233	31,941	-15,289	36,387
2065	623	272	785	53,339	3,329	32,433	-16,411	36,928
2066	632	276	804	55,047	3,428	32,922	-17,581	37,466
2067	641	280	821	56,802	3,531	33,410	-18,802	38,000
2068	651	284	838	58,605	3,637	33,896	-20,076	38,530
2069	661	288	856	60,458	3,745	34,382	-21,404	39,055
2070	670	292	872	62,365	3,858	34,868	-22,789	39,577
2071	680	296	888	64,327	3,973	35,354	-24,232	40,095
2072	690	300	903	66,346	4,091	35,841	-25,736	40,610
2073	700	304	918	68,425	4,214	36,329	-27,303	41,122
2074	711	308	933	70,567	4,340	36,820	-28,935	41,632
2075	721	312	947	72,772	4,470	37,312	-30,634	42,138
2076	732	316	961	75,044	4,603	37,808	-32,402	42,642
2077	742	320	975	77,386	4,741	38,306	-34,242	43,144
2078	753	324	989	79,798	4,883	38,808	-36,156	43,643
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