Table 1.1 Robert Ball Proposal--Two Provisions Plus Balancing Tax Rate in 2038
With Ultimate Real Trust Fund Interest Rate of 3.0
Year
Cost
Rate
Income
Rate
Annual
Balance
Trust
Fund
Ratio
1-1-Year
Change in
OASDI
Contribution
Rate
OASDI
Contribution
Rate
2003
10.89
12.73
1.83
288
12.40
2004
10.78
12.70
1.91
309
12.40
2005
10.65
12.71
2.06
331
12.40
2006
10.51
12.70
2.20
355
12.40
2007
10.47
12.72
2.25
378
12.40
2008
10.48
12.73
2.25
400
12.40
2009
10.53
12.74
2.20
422
12.40
2010
10.63
12.76
2.13
442
12.40
2011
10.75
12.82
2.07
460
12.40
2012
10.91
12.81
1.90
477
12.40
2013
11.11
12.83
1.72
490
12.40
2014
11.32
12.84
1.52
501
12.40
2015
11.56
12.86
1.30
510
12.40
2016
11.83
12.88
1.05
515
12.40
2017
12.12
12.90
0.78
518
12.40
2018
12.42
12.91
0.50
518
12.40
2019
12.71
12.93
0.22
516
12.40
2020
13.03
12.95
-0.08
512
12.40
2021
13.35
12.97
-0.38
506
12.40
2022
13.65
12.99
-0.66
498
12.40
2023
13.93
13.01
-0.92
491
12.40
2024
14.19
13.03
-1.17
482
12.40
2025
14.45
13.04
-1.41
472
12.40
2026
14.69
13.06
-1.63
461
12.40
2027
14.91
13.07
-1.84
450
12.40
2028
15.13
13.09
-2.03
438
12.40
2029
15.32
13.11
-2.21
425
12.40
2030
15.48
13.12
-2.36
412
12.40
2031
15.62
13.13
-2.49
399
12.40
2032
15.74
13.14
-2.59
386
12.40
2033
15.83
13.15
-2.68
373
12.40
2034
15.91
13.16
-2.75
360
12.40
2035
15.97
13.17
-2.80
346
12.40
2036
16.01
13.17
-2.84
333
12.40
2037
16.07
13.18
-2.89
319
12.40
2038
16.11
15.62
-0.48
306
2.44
14.84
2039
16.14
15.63
-0.51
307
14.84
2040
16.17
15.63
-0.54
308
14.84
2041
16.20
15.64
-0.56
309
14.84
2042
16.23
15.64
-0.59
310
14.84
2043
16.27
15.65
-0.62
311
14.84
2044
16.31
15.65
-0.66
311
14.84
2045
16.36
15.66
-0.70
311
14.84
2046
16.42
15.66
-0.76
311
14.84
2047
16.48
15.67
-0.81
310
14.84
2048
16.54
15.68
-0.87
309
14.84
2049
16.61
15.68
-0.93
308
14.84
2050
16.68
15.69
-0.99
306
14.84
2051
16.76
15.70
-1.07
304
14.84
2052
16.85
15.70
-1.15
301
14.84
2053
16.93
15.71
-1.22
298
14.84
2054
17.02
15.72
-1.30
295
14.84
2055
17.10
15.72
-1.37
291
14.84
2056
17.18
15.73
-1.45
286
14.84
2057
17.25
15.74
-1.52
281
14.84
2058
17.32
15.74
-1.58
276
14.84
2059
17.38
15.75
-1.63
271
14.84
2060
17.44
15.75
-1.69
265
14.84
2061
17.49
15.76
-1.74
259
14.84
2062
17.55
15.76
-1.79
253
14.84
2063
17.61
15.77
-1.84
246
14.84
2064
17.67
15.77
-1.90
239
14.84
2065
17.73
15.78
-1.95
232
14.84
2066
17.79
15.78
-2.01
224
14.84
2067
17.85
15.79
-2.07
216
14.84
2068
17.92
15.79
-2.13
207
14.84
2069
17.98
15.80
-2.18
198
14.84
2070
18.04
15.80
-2.24
189
14.84
2071
18.11
15.80
-2.31
179
14.84
2072
18.18
15.81
-2.37
169
14.84
2073
18.24
15.81
-2.43
158
14.84
2074
18.30
15.82
-2.48
147
14.84
2075
18.37
15.82
-2.54
136
14.84
2076
18.43
15.83
-2.60
124
14.84
2077
18.49
15.83
-2.66
112
14.84
2078
18.55
15.83
-2.71
100
14.84
Summarized
Cost Rate
OASDI
Income Rate
OASDI
Actuarial
Balance
OASDI
Change in
Actuarial
Balance
2003-27
12.49
14.28
1.79
0.53
2003-52
13.92
14.38
0.47
1.41
2003-77
14.69
14.69
0.00
1.92
Based on Intermediate Assumptions of the 2003 Trustees Report
With Ultimate Real Interest Rate of 3.00
Office of the Actuary
Social Security Administration
September 29, 2003
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