Year
|
Proposal
|
Theoretical Social Security with PAYGO Transfers
|
||||||
---|---|---|---|---|---|---|---|---|
Net Amount of Cash-Flow from the OASDI
Trust Funds to the General Fund of the Treasury During the Year1 |
Net Amount of Cash-Flow from the OASDI
Trust Funds to the General Fund of the Treasury During the Year1 |
|||||||
Percent
of Payroll |
Billions of Dollars
|
Percent
of Payroll |
Billions of Dollars
|
|||||
Current
|
Present Value
1/1/20042 |
Constant
2004 |
Current
|
Present Value
1/1/20042 |
Constant
2004 |
|||
2004
|
1.4
|
65
|
63
|
65
|
1.4
|
65
|
63
|
65
|
2005
|
1.9
|
89
|
82
|
87
|
1.9
|
89
|
82
|
87
|
2006
|
2.0
|
99
|
87
|
96
|
1.9
|
97
|
85
|
94
|
2007
|
2.1
|
110
|
91
|
104
|
2.0
|
105
|
87
|
99
|
2008
|
2.1
|
118
|
93
|
108
|
2.0
|
109
|
86
|
100
|
2009
|
2.0
|
118
|
88
|
105
|
1.8
|
105
|
78
|
93
|
2010
|
2.4
|
147
|
104
|
128
|
1.7
|
103
|
73
|
89
|
2011
|
2.4
|
153
|
102
|
129
|
1.6
|
101
|
67
|
85
|
2012
|
2.2
|
152
|
96
|
125
|
1.4
|
91
|
58
|
75
|
2013
|
2.1
|
148
|
89
|
118
|
1.1
|
79
|
47
|
63
|
2014
|
1.9
|
143
|
81
|
111
|
0.9
|
65
|
37
|
50
|
2015
|
1.7
|
135
|
72
|
102
|
0.6
|
48
|
25
|
36
|
2016
|
1.5
|
124
|
63
|
91
|
0.3
|
27
|
14
|
20
|
2017
|
1.3
|
111
|
53
|
80
|
0.0
|
4
|
2
|
3
|
2018
|
1.1
|
95
|
43
|
66
|
-0.3
|
-22
|
-10
|
-15
|
2019
|
0.8
|
77
|
33
|
52
|
-0.6
|
-51
|
-22
|
-35
|
2020
|
0.6
|
55
|
22
|
37
|
-0.9
|
-84
|
-34
|
-55
|
2021
|
0.3
|
32
|
12
|
21
|
-1.2
|
-119
|
-45
|
-76
|
2022
|
0.1
|
8
|
3
|
5
|
-1.5
|
-155
|
-56
|
-97
|
2023
|
0.8
|
94
|
32
|
57
|
-1.8
|
-195
|
-66
|
-118
|
2024
|
0.6
|
72
|
23
|
42
|
-2.1
|
-236
|
-76
|
-139
|
2025
|
0.4
|
47
|
14
|
27
|
-2.4
|
-279
|
-85
|
-160
|
2026
|
0.2
|
22
|
6
|
12
|
-2.7
|
-324
|
-93
|
-181
|
2027
|
0.0
|
-3
|
-1
|
-2
|
-3.0
|
-370
|
-100
|
-201
|
2028
|
-0.2
|
-28
|
-7
|
-15
|
-3.2
|
-416
|
-106
|
-220
|
2029
|
-0.4
|
-52
|
-13
|
-27
|
-3.4
|
-463
|
-112
|
-238
|
2030
|
-0.5
|
-76
|
-17
|
-38
|
-3.6
|
-510
|
-116
|
-255
|
2031
|
-0.6
|
-100
|
-21
|
-48
|
-3.8
|
-558
|
-120
|
-271
|
2032
|
-0.7
|
-122
|
-25
|
-58
|
-4.0
|
-606
|
-123
|
-287
|
2033
|
-0.8
|
-143
|
-27
|
-66
|
-4.1
|
-653
|
-125
|
-300
|
2034
|
-0.9
|
-161
|
-29
|
-72
|
-4.2
|
-699
|
-127
|
-313
|
2035
|
-0.9
|
-178
|
-30
|
-78
|
-4.3
|
-744
|
-127
|
-324
|
2036
|
-1.0
|
-193
|
-31
|
-82
|
-4.4
|
-788
|
-127
|
-334
|
2037
|
-1.0
|
-205
|
-31
|
-84
|
-4.4
|
-831
|
-127
|
-343
|
2038
|
-1.0
|
-214
|
-31
|
-86
|
-4.5
|
-873
|
-126
|
-350
|
2039
|
-1.0
|
-222
|
-30
|
-87
|
-4.5
|
-915
|
-124
|
-357
|
2040
|
-1.0
|
-232
|
-30
|
-88
|
-4.5
|
-956
|
-123
|
-363
|
2041
|
-1.0
|
-242
|
-29
|
-89
|
-4.5
|
-1,000
|
-121
|
-369
|
2042
|
-1.0
|
-252
|
-29
|
-91
|
-4.5
|
-1,045
|
-120
|
-375
|
2043
|
-1.0
|
-263
|
-28
|
-92
|
-4.5
|
-1,091
|
-118
|
-381
|
2044
|
-1.0
|
-279
|
-28
|
-95
|
-4.5
|
-1,139
|
-116
|
-387
|
2045
|
-1.0
|
-299
|
-29
|
-99
|
-4.5
|
-1,189
|
-115
|
-393
|
2046
|
-1.0
|
-321
|
-29
|
-103
|
-4.6
|
-1,241
|
-113
|
-399
|
2047
|
-1.1
|
-344
|
-30
|
-107
|
-4.6
|
-1,297
|
-112
|
-405
|
2048
|
-1.1
|
-368
|
-30
|
-112
|
-4.6
|
-1,355
|
-110
|
-412
|
2049
|
-1.1
|
-396
|
-30
|
-117
|
-4.6
|
-1,417
|
-109
|
-419
|
2050
|
-1.2
|
-429
|
-31
|
-124
|
-4.6
|
-1,483
|
-108
|
-427
|
2051
|
-1.2
|
-468
|
-32
|
-131
|
-4.6
|
-1,555
|
-107
|
-435
|
2052
|
-1.3
|
-510
|
-33
|
-139
|
-4.7
|
-1,634
|
-106
|
-445
|
2053
|
-1.4
|
-556
|
-34
|
-147
|
-4.7
|
-1,717
|
-105
|
-455
|
2054
|
-1.4
|
-605
|
-35
|
-156
|
-4.8
|
-1,805
|
-104
|
-465
|
2055
|
-1.5
|
-660
|
-36
|
-166
|
-4.8
|
-1,899
|
-104
|
-476
|
2056
|
-1.6
|
-720
|
-37
|
-176
|
-4.9
|
-1,999
|
-103
|
-487
|
2057
|
-1.6
|
-783
|
-38
|
-186
|
-4.9
|
-2,104
|
-102
|
-499
|
2058
|
-1.7
|
-848
|
-39
|
-196
|
-5.0
|
-2,214
|
-102
|
-511
|
2059
|
-1.8
|
-916
|
-40
|
-206
|
-5.0
|
-2,328
|
-101
|
-522
|
2060
|
-1.8
|
-988
|
-40
|
-216
|
-5.1
|
-2,447
|
-100
|
-534
|
2061
|
-1.9
|
-1,065
|
-41
|
-226
|
-5.1
|
-2,574
|
-100
|
-547
|
2062
|
-2.0
|
-1,149
|
-42
|
-237
|
-5.2
|
-2,709
|
-99
|
-560
|
2063
|
-2.0
|
-1,240
|
-43
|
-249
|
-5.2
|
-2,854
|
-98
|
-574
|
2064
|
-2.1
|
-1,333
|
-43
|
-261
|
-5.3
|
-3,003
|
-98
|
-587
|
2065
|
-2.1
|
-1,427
|
-44
|
-271
|
-5.3
|
-3,157
|
-97
|
-600
|
2066
|
-2.2
|
-1,528
|
-44
|
-283
|
-5.4
|
-3,319
|
-96
|
-614
|
2067
|
-2.3
|
-1,633
|
-45
|
-294
|
-5.4
|
-3,489
|
-96
|
-628
|
2068
|
-2.3
|
-1,741
|
-45
|
-305
|
-5.5
|
-3,665
|
-95
|
-641
|
2069
|
-2.4
|
-1,853
|
-45
|
-316
|
-5.5
|
-3,847
|
-94
|
-655
|
2070
|
-2.4
|
-1,968
|
-46
|
-326
|
-5.6
|
-4,037
|
-93
|
-669
|
2071
|
-2.5
|
-2,088
|
-46
|
-336
|
-5.6
|
-4,235
|
-92
|
-682
|
2072
|
-2.5
|
-2,214
|
-46
|
-347
|
-5.7
|
-4,442
|
-92
|
-696
|
2073
|
-2.6
|
-2,347
|
-46
|
-358
|
-5.7
|
-4,660
|
-91
|
-710
|
2074
|
-2.6
|
-2,488
|
-46
|
-369
|
-5.7
|
-4,888
|
-90
|
-725
|
2075
|
-2.6
|
-2,633
|
-46
|
-380
|
-5.8
|
-5,127
|
-89
|
-740
|
2076
|
-2.7
|
-2,786
|
-46
|
-391
|
-5.8
|
-5,377
|
-88
|
-755
|
2077
|
-2.7
|
-2,947
|
-46
|
-402
|
-5.9
|
-5,640
|
-87
|
-770
|
2078
|
-2.8
|
-3,117
|
-46
|
-414
|
-5.9
|
-5,915
|
-87
|
-785
|
2079
|
-2.8
|
-3,296
|
-46
|
-426
|
-6.0
|
-6,203
|
-86
|
-801
|
Total
2004-78 |
-434
|
-5,225
|
1Equals net investment in special Treasury Bonds by the Trust Funds less the Amount of General Fund transfers specified in the theoretical plan (PAYGO Transfers). 2Present Value discount at Treasury Bond yield |
Office of the Chief Actuary
Social Security Administration
February 13, 2005
Return to memorandum | List of memos |