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
Assets1
at End of Year
Theoretical Social Security2 with Borrowing Authority; Net OASDI TF Assets End of Year
Specified
for
Slowed
Federal
Government
Spending
Corporate
Tax
Recap
Reverse
Transfers
for
Annual
Balance
Without
General Fund
Transfer
With General Fund Transfer
(amount for Proposal)
(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
1,417
3,446
3,161
4,557
2014
205
62
0
1,714
1,435
3,975
3,312
5,026
2015
208
71
0
2,053
1,447
4,535
3,452
5,505
2016
212
80
0
2,416
1,452
5,122
3,579
5,995
2017
215
89
0
2,802
1,450
5,739
3,691
6,492
2018
219
100
0
3,213
1,444
6,386
3,786
6,999
2019
222
110
0
3,652
1,433
7,063
3,863
7,515
2020
226
121
0
4,119
1,418
7,771
3,921
8,040
2021
229
133
0
4,616
1,401
8,509
3,956
8,572
2022
233
145
0
5,144
1,381
9,279
3,971
9,114
2023
237
157
0
5,704
1,363
10,081
3,964
9,668
2024
240
170
0
6,298
1,349
10,914
3,936
10,234
2025
244
184
0
6,928
1,340
11,778
3,885
10,813
2026
248
198
0
7,595
1,338
12,674
3,813
11,408
2027
252
212
0
8,302
1,347
13,602
3,718
12,020
2028
256
227
0
9,049
1,369
14,560
3,601
12,649
2029
260
243
0
9,838
1,408
15,550
3,461
13,299
2030
264
259
16
10,655
1,450
16,571
3,300
13,955
2031
268
275
37
11,497
1,493
17,621
3,119
14,615
2032
273
292
60
12,361
1,538
18,701
2,917
15,278
2033
277
309
87
13,246
1,583
19,810
2,696
15,943
2034
282
327
116
14,151
1,630
20,947
2,457
16,608
2035
286
344
146
15,075
1,679
22,110
2,200
17,275
2036
291
363
178
16,016
1,729
23,299
1,925
17,942
2037
296
382
214
16,974
1,781
24,511
1,634
18,608
2038
300
401
251
17,946
1,834
25,746
1,326
19,272
2039
305
420
290
18,932
1,888
27,001
1,001
19,934
2040
310
439
331
19,931
1,945
28,275
661
20,591
2041
315
459
374
20,941
2,003
29,564
303
21,243
2042
320
479
418
21,961
2,063
30,867
-73
21,888
2043
325
499
465
22,989
2,125
32,180
-467
22,522
2044
330
519
512
24,026
2,189
33,499
-881
23,145
2045
335
539
560
25,070
2,254
34,823
-1,316
23,754
2046
340
559
609
26,121
2,321
36,148
-1,774
24,347
2047
345
579
660
27,177
2,390
37,473
-2,255
24,922
2048
350
599
711
28,239
2,462
38,791
-2,761
25,478
2049
356
619
762
29,304
2,536
40,091
-3,292
26,012
2050
361
638
813
30,375
2,612
41,371
-3,851
26,523
2051
366
657
864
31,449
2,690
42,631
-4,440
27,009
2052
372
675
915
32,528
2,770
43,866
-5,059
27,469
2053
377
693
967
33,611
2,853
45,089
-5,710
27,901
2054
383
711
1,017
34,700
2,939
46,300
-6,394
28,305
2055
389
729
1,065
35,796
3,027
47,498
-7,113
28,683
2056
395
747
1,112
36,900
3,117
48,681
-7,867
29,033
2057
401
764
1,158
38,015
3,210
49,849
-8,657
29,357
2058
407
782
1,188
39,155
3,306
51,002
-9,485
29,670
2059
413
799
1,211
40,330
3,405
52,138
-10,350
29,979
2060
419
815
1,234
41,540
3,507
53,258
-11,255
30,285
2061
425
832
1,257
42,786
3,612
54,361
-12,199
30,587
2062
432
848
1,279
44,069
3,720
55,447
-13,185
30,884
2063
438
864
1,302
45,391
3,832
56,517
-14,215
31,177
2064
445
879
1,324
46,753
3,946
57,571
-15,289
31,464
2065
451
895
1,346
48,156
4,064
58,609
-16,411
31,745
2066
458
910
1,368
49,600
4,186
59,632
-17,581
32,019
2067
465
925
1,390
51,088
4,311
60,641
-18,802
32,286
2068
472
940
1,412
52,621
4,440
61,637
-20,076
32,545
2069
479
954
1,433
54,200
4,573
62,620
-21,404
32,796
2070
486
969
1,455
55,826
4,710
63,593
-22,789
33,037
2071
493
983
1,476
57,500
4,851
64,557
-24,232
33,268
2072
500
997
1,498
59,225
4,997
65,513
-25,736
33,489
2073
508
1,012
1,519
61,002
5,146
66,462
-27,303
33,699
2074
515
1,026
1,541
62,832
5,300
67,406
-28,935
33,897
2075
523
1,040
1,563
64,717
5,459
68,346
-30,634
34,083
2076
530
1,054
1,584
66,659
5,622
69,284
-32,402
34,257
2077
538
1,068
1,606
68,659
5,791
70,221
-34,242
34,417
2078
546
1,082
1,628
70,718
5,964
71,158
-36,156
34,562
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
July 15, 2004

Return to memorandum List of memos