Table 2b—IA Assets & Contributions, OASI Benefit Changes, & Total Unified Budget Effect—Plus Cumulative General Fund Transfers1
Average IA Contribution 6.4%,
Benefit Offset 100.0%
With Ultimate Real Trust Fund Interest Rate 3.0
With Ultimate Real IA Net Yield Rate of 2.75
With Annuity Net Yield Rate of 2.75
Year
IA + Annuity
Balance
at End of
Year
Amount of
Contribution to IA:
% by Federal
Government
100
Cost to guarantee
OASDI + IA
benefits at
Present Law
Schedule
OASI Benefit
Cut for IA
Participation
Cut in
Contribution
Rate for
Annual
Balance
Change
in Annual
Unified Budget
CashFlow
Change in
Debt Held by
the Public
(End of Year)
Change
in Annual
Unified Budget
Balance
 
Cumulative
Transfers
Based on
Federal
Spending
Slowdown1
Based on
Corporate
Tax
Recap1
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
2004
0.0
0.0
0.0
0.0
0.0
0.0
0
0.0
 
0
0
2005
256.6
249.3
0.0
0.0
0.0
-249.3
257
-256.9
 
12
2
2006
543.3
271.3
0.0
0.0
0.0
-271.3
545
-295.0
 
49
8
2007
850.0
282.8
0.0
0.0
0.0
-282.8
853
-324.3
 
113
16
2008
1,177.0
293.8
0.0
0.0
0.0
-293.8
1,183
-354.4
 
206
28
2009
1,524.0
304.3
0.0
0.0
0.0
-304.3
1,533
-385.0
 
329
44
2010
1,891.3
314.4
0.0
0.0
0.0
-314.4
1,905
-416.3
 
484
63
2011
2,277.3
323.3
0.1
0.0
0.0
-323.3
2,297
-447.5
 
673
87
2012
2,679.4
331.3
1.2
0.7
0.0
-331.8
2,709
-479.3
 
897
115
2013
3,097.3
339.3
2.5
2.5
0.0
-339.4
3,142
-511.4
 
1,158
147
2014
3,530.4
346.9
4.1
5.0
0.0
-346.0
3,594
-543.5
 
1,458
185
2015
3,977.9
354.1
5.8
8.4
0.0
-351.5
4,065
-575.6
 
1,798
227
2016
4,438.8
360.4
7.7
13.5
0.0
-354.6
4,552
-606.2
 
2,180
275
2017
4,912.3
366.5
9.8
20.1
0.0
-356.2
5,056
-636.1
 
2,578
328
2018
5,398.7
372.4
12.2
28.0
0.0
-356.7
5,575
-666.3
 
2,994
388
2019
5,897.5
378.3
14.9
37.2
0.0
-356.0
6,109
-696.3
 
3,428
453
2020
6,408.5
384.2
17.8
48.0
0.0
-354.0
6,657
-725.8
 
3,881
525
2021
6,931.1
390.0
20.9
60.0
0.0
-351.0
7,218
-755.1
 
4,352
604
2022
7,465.1
395.8
24.3
73.1
0.0
-347.0
7,792
-784.2
 
4,844
690
2023
8,009.8
401.6
28.0
87.4
0.0
-342.3
8,378
-813.3
 
5,356
784
2024
8,564.9
407.5
32.0
102.9
0.0
-336.5
8,976
-842.0
 
5,889
886
2025
9,129.9
413.3
36.2
119.7
0.0
-329.9
9,585
-870.5
 
6,443
995
2026
9,704.2
419.1
40.7
137.6
0.0
-322.3
10,205
-898.7
 
7,021
1,113
2027
10,287.4
425.1
45.5
157.3
0.0
-313.3
10,834
-926.1
 
7,621
1,240
2028
10,878.9
431.1
50.6
178.6
0.0
-303.2
11,471
-952.8
 
8,246
1,376
2029
11,478.2
437.3
56.0
201.0
0.0
-292.3
12,116
-979.3
 
8,896
1,521
2030
12,084.8
443.6
61.6
224.5
0.0
-280.7
12,769
-1,005.5
 
9,572
1,675
2031
12,698.0
450.0
67.6
249.1
0.0
-268.5
13,428
-1,031.5
 
10,275
1,840
2032
13,317.4
456.6
73.8
274.6
0.0
-255.8
14,095
-1,057.4
 
11,006
2,016
2033
13,942.2
463.2
80.4
301.1
0.0
-242.5
14,767
-1,083.1
 
11,765
2,202
2034
14,571.8
469.9
87.3
328.5
0.0
-228.7
15,446
-1,108.7
 
12,555
2,399
2035
15,205.4
476.7
94.9
356.7
0.0
-214.8
16,131
-1,134.5
 
13,375
2,607
2036
15,842.1
483.5
102.8
385.9
0.0
-200.4
16,821
-1,160.2
 
14,226
2,827
2037
16,481.3
490.5
111.2
416.0
0.0
-185.6
17,517
-1,185.7
 
15,111
3,060
2038
17,122.1
497.4
119.9
447.1
0.0
-170.2
18,217
-1,211.0
 
16,029
3,305
2039
17,763.7
504.5
128.9
479.3
0.0
-154.2
18,923
-1,235.9
 
16,983
3,562
2040
18,405.0
511.6
138.4
512.7
0.0
-137.3
19,632
-1,260.2
 
17,972
3,833
2041
19,045.1
518.7
148.2
547.5
0.0
-119.4
20,344
-1,283.8
 
18,999
4,118
2042
19,683.0
525.9
158.5
584.0
0.0
-100.4
21,058
-1,306.3
 
20,064
4,416
2043
20,317.7
533.1
169.1
622.2
0.0
-80.1
21,772
-1,327.6
 
21,169
4,729
2044
20,948.0
540.4
180.2
662.2
0.0
-58.4
22,485
-1,347.5
 
22,314
5,057
2045
21,572.9
547.7
191.8
704.0
0.0
-35.6
23,196
-1,366.1
 
23,502
5,400
2046
22,192.1
555.1
203.5
747.7
0.0
-10.8
23,903
-1,382.7
 
24,734
5,758
2047
22,804.5
562.4
215.6
793.1
0.0
15.1
24,605
-1,397.8
 
26,010
6,132
2048
23,408.9
569.9
228.2
839.7
0.0
41.6
25,300
-1,411.9
 
27,333
6,522
2049
24,001.6
577.4
242.2
887.3
0.0
67.8
25,989
-1,426.1
 
28,704
6,928
2050
24,582.2
585.0
256.2
935.9
0.0
94.6
26,672
-1,439.2
 
30,124
7,352
2051
25,151.3
592.6
270.0
985.2
0.0
122.6
27,346
-1,450.7
 
31,594
7,793
2052
25,708.7
600.4
283.9
1,034.9
0.0
150.6
28,011
-1,461.7
 
33,118
8,252
2053
26,259.4
608.2
295.8
1,084.0
0.0
180.0
28,666
-1,470.8
 
34,696
8,729
2054
26,803.5
616.2
307.7
1,132.5
0.0
208.6
29,311
-1,480.0
 
36,330
9,225
2055
27,341.2
624.2
319.1
1,180.4
0.0
237.0
29,946
-1,488.9
 
38,022
9,740
2056
27,872.7
632.4
330.5
1,227.6
0.0
264.7
30,572
-1,498.0
 
39,773
10,275
2057
28,398.4
640.8
341.7
1,274.0
0.0
291.5
31,189
-1,507.4
 
41,586
10,830
2058
28,918.4
649.2
352.8
1,318.8
0.0
316.8
31,798
-1,517.8
 
43,464
11,406
2059
29,433.1
657.8
363.8
1,362.2
0.0
340.5
32,401
-1,529.4
 
45,406
12,004
2060
29,942.9
666.5
374.7
1,404.1
0.0
362.9
33,000
-1,542.0
 
47,417
12,624
2061
30,448.2
675.3
385.5
1,444.7
0.0
383.9
33,594
-1,555.7
 
49,498
13,267
2062
30,949.4
684.2
396.1
1,484.5
0.0
404.3
34,185
-1,569.9
 
51,652
13,933
2063
31,446.8
693.1
406.5
1,523.7
0.0
424.1
34,774
-1,584.5
 
53,880
14,623
2064
31,941.1
702.2
416.8
1,561.8
0.0
442.8
35,361
-1,600.0
 
56,184
15,338
2065
32,432.7
711.4
426.6
1,599.3
0.0
461.3
35,947
-1,615.7
 
58,569
16,079
2066
32,922.0
720.7
436.3
1,636.3
0.0
479.3
36,532
-1,631.7
 
61,035
16,846
2067
33,409.6
730.0
445.7
1,673.2
0.0
497.4
37,115
-1,647.7
 
63,586
17,640
2068
33,896.1
739.5
455.0
1,709.9
0.0
515.4
37,698
-1,663.6
 
66,224
18,461
2069
34,381.9
749.1
464.1
1,746.1
0.0
533.0
38,280
-1,680.0
 
68,953
19,312
2070
34,867.7
758.7
473.0
1,782.0
0.0
550.2
38,862
-1,696.7
 
71,774
20,192
2071
35,353.8
768.5
481.8
1,817.4
0.0
567.1
39,443
-1,713.6
 
74,690
21,102
2072
35,840.8
778.3
490.4
1,852.5
0.0
583.7
40,026
-1,730.9
 
77,706
22,044
2073
36,329.3
788.3
498.9
1,887.3
0.0
600.1
40,608
-1,748.5
 
80,823
23,018
2074
36,819.6
798.3
507.3
1,921.9
0.0
616.3
41,192
-1,766.3
 
84,046
24,026
2075
37,312.2
808.5
515.6
1,956.3
0.0
632.3
41,776
-1,784.3
 
87,377
25,068
2076
37,807.6
818.8
523.8
1,990.7
0.0
648.1
42,362
-1,802.6
 
90,819
26,146
2077
38,306.0
829.2
532.0
2,024.9
0.0
663.8
42,949
-1,821.0
 
94,377
27,260
2078
38,808.0
839.7
540.1
2,059.1
0.0
679.3
43,538
-1,839.7
 
98,054
28,411
Based on Intermediate Assumptions of the 2003 Trustees Report.

1 General Fund Transfers to the Trust Funds have no effect on the Unified Budget. See memorandum for discussion.
 
Office of the Actuary
Social Security Administration
July 15, 2004

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