Table 1—Ryan/Sununu Proposal
Expected Yield—1/2 Contribution To IA through 2015

General Fund Tranfers for spending cut thru 2013
IA Contribution 6.4%,  Benefit Offset 100.0%,   IA Participation 100.0 %

With Ultimate Real Trust Fund Interest Rate of 3.0
With Ultimate Real IA Yield Rate of 5.2
With Annuity Net Yield Rate of 5.2
CorporateTax toTrust Fund as Percent of Pre-tax IA Yield 23.9
Year
Cost
Rate
Income
Rate1
Annual
Balance
TFR
1-1-yr
Net
General Fund
Transfer
to Trust Fund1
(Percent of
Payroll)
Change
in OASDI
Effective
Contribution
Rate
Effective
OASDI
Contribution
Rate2
Cut in
Contribution
Rate for
Annual
Balance
IA
Contribution
Rate—
Redirected
from
Payroll Tax
2004
11.07
12.71
1.64
306
   
12.40
 
0
2005
10.87
12.73
1.86
325
   
12.40
 
0
2006
10.77
10.44
-0.33
347
0.29
-2.58
9.82
 
2.58
2007
10.75
10.81
0.06
346
0.84
-0.20
9.62
 
2.78
2008
10.80
11.34
0.54
346
1.38
-0.05
9.57
 
2.83
2009
10.95
11.83
0.88
348
1.94
-0.05
9.52
 
2.88
2010
11.08
12.36
1.28
354
2.49
-0.05
9.47
 
2.93
2011
11.25
12.92
1.67
363
3.04
-0.04
9.43
 
2.97
2012
11.50
13.46
1.96
373
3.60
-0.04
9.39
 
3.01
2013
11.77
14.02
2.24
385
4.15
-0.03
9.35
 
3.05
2014
12.03
14.07
2.04
399
4.22
-0.03
9.32
 
3.08
2015
12.33
14.14
1.82
410
4.30
-0.02
9.30
 
3.10
2016
12.62
11.13
-1.49
420
4.41
-3.14
6.16
 
6.24
2017
12.92
11.25
-1.67
404
4.55
-0.03
6.13
 
6.27
2018
13.21
11.39
-1.83
388
4.69
-0.03
6.10
 
6.30
2019
13.51
11.52
-1.99
372
4.82
-0.02
6.08
 
6.32
2020
13.80
11.66
-2.14
355
4.97
-0.02
6.06
 
6.34
2021
14.07
11.81
-2.26
339
5.11
-0.02
6.05
 
6.35
2022
14.33
11.96
-2.36
322
5.27
-0.01
6.03
 
6.37
2023
14.56
12.12
-2.44
306
5.42
-0.01
6.02
 
6.38
2024
14.78
12.28
-2.49
290
5.58
-0.01
6.01
 
6.39
2025
14.97
12.45
-2.52
275
5.75
-0.01
6.00
 
6.40
2026
15.14
12.63
-2.51
260
5.91
0.00
6.00
 
6.40
2027
15.27
12.81
-2.46
246
6.08
0.00
6.00
 
6.40
2028
15.37
12.99
-2.38
232
6.26
0.00
6.00
 
6.40
2029
15.42
13.17
-2.25
220
6.43
0.00
6.00
 
6.40
2030
15.45
13.35
-2.10
208
6.61
0.00
6.00
 
6.40
2031
15.45
13.54
-1.91
198
6.79
0.00
6.00
 
6.40
2032
15.41
13.72
-1.69
190
6.98
0.00
6.00
 
6.40
2033
15.34
13.90
-1.44
183
7.16
0.00
6.00
 
6.40
2034
15.24
14.09
-1.16
177
7.35
0.00
6.00
 
6.40
2035
15.11
14.27
-0.84
174
7.54
0.00
6.00
 
6.40
2036
14.96
14.45
-0.51
173
7.73
0.00
6.00
 
6.40
2037
14.78
14.63
-0.15
174
7.92
0.00
6.00
 
6.40
2038
14.58
14.59
0.00
178
7.88
0.00
6.00
 
6.40
2039
14.37
14.36
0.00
184
7.67
0.00
6.00
 
6.40
2040
14.13
14.13
0.00
190
7.44
0.00
6.00
 
6.40
2041
13.89
13.88
0.00
196
7.21
0.00
6.00
 
6.40
2042
13.63
13.63
0.00
203
6.97
0.00
6.00
 
6.40
2043
13.36
13.37
0.00
210
6.72
0.00
6.00
 
6.40
2044
13.08
13.08
0.00
218
6.45
0.00
6.00
 
6.40
2045
12.79
12.79
0.00
226
6.18
0.00
6.00
 
6.40
2046
12.49
12.49
0.00
236
5.89
0.00
6.00
 
6.40
2047
12.18
12.17
0.00
246
5.59
0.00
6.00
 
6.40
2048
11.86
11.85
0.00
256
5.29
0.00
6.00
 
6.40
2049
11.54
11.54
0.00
267
4.99
0.00
6.00
 
6.40
2050
11.23
11.23
0.00
279
4.69
0.00
6.00
 
6.40
2051
10.91
10.91
0.00
292
4.39
0.00
6.00
 
6.40
2052
10.60
10.59
0.00
306
4.09
0.00
6.00
 
6.40
2053
10.27
10.27
0.00
320
3.78
0.00
6.00
 
6.40
2054
9.95
9.95
0.00
336
3.48
0.00
6.00
 
6.40
2055
9.63
9.63
0.00
353
3.18
0.00
6.00
 
6.40
2056
9.34
9.33
0.00
370
2.90
0.00
6.00
 
6.40
2057
9.04
9.04
0.00
388
2.62
0.00
6.00
 
6.40
2058
8.75
8.75
0.00
408
2.35
0.00
6.00
 
6.40
2059
8.47
8.47
0.00
428
2.08
0.00
6.00
 
6.40
2060
8.20
8.20
0.00
450
1.83
0.00
6.00
 
6.40
2061
7.93
7.93
0.00
473
1.57
0.00
6.00
 
6.40
2062
7.68
7.68
0.00
497
1.33
0.00
6.00
 
6.40
2063
7.43
7.43
0.00
522
1.10
0.00
6.00
 
6.40
2064
7.19
7.20
0.00
548
0.87
0.00
6.00
 
6.40
2065
6.97
6.97
0.00
575
0.66
0.00
6.00
 
6.40
2066
6.80
6.81
0.00
599
0.51
0.00
6.00
 
6.40
2067
6.65
6.65
0.00
623
0.36
0.00
6.00
 
6.40
2068
6.50
6.50
0.00
648
0.21
0.00
6.00
 
6.40
2069
6.36
6.36
0.00
672
0.08
0.00
6.00
 
6.40
2070
6.24
6.24
0.00
697
0.00
-0.03
5.97
0.03
6.40
2071
6.12
6.12
0.00
722
0.00
-0.11
5.86
0.14
6.40
2072
6.01
6.01
0.00
747
0.00
-0.10
5.75
0.25
6.40
2073
5.91
5.91
0.00
773
0.00
-0.10
5.66
0.34
6.40
2074
5.81
5.81
0.00
799
0.00
-0.09
5.57
0.43
6.40
2075
5.72
5.72
0.00
825
0.00
-0.09
5.48
0.52
6.40
2076
5.64
5.64
0.00
851
0.00
-0.08
5.40
0.60
6.40
2077
5.56
5.56
0.00
878
0.00
-0.08
5.32
0.68
6.40
2078
5.48
5.48
0.00
905
0.00
-0.07
5.25
0.75
6.40
2079
5.41
5.41
0.00
933
0.00
-0.07
5.18
0.82
6.40
2004
-2078
Summarized OASDI
 
Cost Rate
Income Rate
Actuarial
Balance
Change in
Actuarial Balance
11.89
12.21
0.32
2.23

1Includes Specified and Corporate Tax-based General Fund Transfers (see table .e)

2Net payroll tax rate to the Trust Funds; reduced by amount redirected for IA contribution, and cut for annual balance.

Based on Intermediate Assumptions of the 2004 Trustees Report
With Ultimate Real Interest Rate of 3.00

Office of the Chief Actuary
Social Security Administration
April 19, 2005

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