Table 1b.c—IA Contributions, OASI Benefit Changes, & Total Unified Budget Effect — Plus Cumulative Gross General Fund Transfers1
Average IA Contribution 6.4%,  Benefit Offset 100.0%
Year
Amount
Contributed
to IA:
by Federal
Government
100%
(1)
Cost to
Guarantee
OASDI + IA
Benefits at
Present Law
Schedule
(2)
OASI Benefit
Cut for IA
Participation
(3)
Cut in
Contriution
Rate for
Annual
Balance
(4)
Change
in Annual
Unified
Budget
Cash Flow
(5)
Change
in Debt
Held by
the Public
(EOY)
(6)
Change
in Annual
Unified
Budget
Balance
(7)
 
Cumulative Transfers
Based on
Federal
Spending
Slowdown1
(8)

Based on
Corporate
Tax Recap1
(9)
(Billions of Constant 2004 Dollars)
2005
0.0
0.0
0.0
0.0
0.0
0.0
0.0
 
0
0
2006
124.7
0.0
0.0
0.0
-124.7
128.1
-128.1
 
13
2
2007
137.5
0.0
0.0
0.0
-137.5
273.0
-148.0
 
52
5
2008
143.1
0.0
0.0
0.0
-143.1
427.1
-161.5
 
119
12
2009
148.5
0.0
0.0
0.0
-148.5
591.1
-175.6
 
215
21
2010
153.9
0.0
0.0
0.0
-153.9
765.1
-190.2
 
343
33
2011
159.0
0.0
0.0
0.0
-159.0
949.6
-205.3
 
505
50
2012
163.8
0.4
0.0
0.0
-164.2
1,144.7
-221.0
 
701
69
2013
168.2
1.0
0.2
0.0
-168.9
1,350.3
-236.8
 
934
94
2014
172.6
1.8
0.8
0.0
-173.7
1,567.1
-253.6
 
1,178
123
2015
176.8
2.9
1.4
0.0
-178.4
1,795.6
-271.2
 
1,433
157
2016
361.5
4.0
2.8
0.0
-362.7
2,221.1
-474.3
 
1,699
200
2017
369.0
5.2
4.8
0.0
-369.5
2,666.9
-506.3
 
1,978
252
2018
376.3
6.6
7.7
0.0
-375.2
3,132.9
-538.7
 
2,271
314
2019
383.1
8.2
11.7
0.0
-379.5
3,617.4
-569.8
 
2,576
388
2020
389.7
10.0
16.7
0.0
-383.0
4,120.0
-601.1
 
2,893
473
2021
396.1
12.0
22.6
0.0
-385.5
4,640.3
-632.5
 
3,225
571
2022
402.4
14.3
29.5
0.0
-387.2
5,177.9
-664.0
 
3,569
683
2023
408.5
16.8
37.6
0.0
-387.7
5,732.2
-695.3
 
3,929
809
2024
414.7
19.7
46.9
0.0
-387.4
6,302.9
-726.8
 
4,302
950
2025
420.8
22.8
57.5
0.0
-386.1
6,889.3
-758.0
 
4,691
1,108
2026
426.4
26.2
69.4
0.0
-383.3
7,490.3
-788.7
 
5,095
1,283
2027
432.1
30.0
82.7
0.0
-379.3
8,105.3
-819.1
 
5,515
1,476
2028
437.8
33.9
97.4
0.0
-374.4
8,733.7
-849.2
 
5,952
1,690
2029
443.7
38.1
113.2
0.0
-368.6
9,375.0
-879.1
 
6,407
1,924
2030
449.6
42.6
130.5
0.0
-361.7
10,028.4
-908.8
 
6,879
2,179
2031
455.7
47.3
149.3
0.0
-353.7
10,693.2
-937.9
 
7,369
2,458
2032
462.0
52.2
169.6
0.0
-344.7
11,368.7
-966.7
 
7,879
2,762
2033
468.4
57.4
190.8
0.0
-334.9
12,054.4
-995.4
 
8,409
3,091
2034
474.9
62.8
213.1
0.0
-324.6
12,750.0
-1,023.9
 
8,959
3,447
2035
481.5
68.4
236.6
0.0
-313.3
13,454.9
-1,052.2
 
9,530
3,832
2036
488.2
75.0
261.3
0.0
-302.0
14,169.3
-1,080.9
 
10,123
4,246
2037
495.1
81.9
287.3
0.0
-289.7
14,892.5
-1,109.2
 
10,739
4,692
2038
502.2
89.1
314.4
0.0
-276.9
15,624.2
-1,137.3
 
11,378
5,170
2039
509.2
96.5
342.5
0.0
-263.2
16,363.8
-1,165.2
 
12,042
5,683
2040
516.4
104.2
372.1
0.0
-248.6
17,110.5
-1,192.4
 
12,730
6,231
2041
523.7
112.2
403.2
0.0
-232.7
17,863.2
-1,218.8
 
13,445
6,817
2042
531.0
120.4
436.2
0.0
-215.3
18,620.7
-1,244.0
 
14,186
7,441
2043
538.4
128.9
470.6
0.0
-196.7
19,381.7
-1,268.2
 
14,955
8,106
2044
545.9
137.6
506.5
0.0
-177.0
20,145.3
-1,291.5
 
15,752
8,814
2045
553.5
146.5
544.2
0.0
-155.8
20,910.0
-1,313.4
 
16,578
9,565
2046
561.1
155.3
583.6
0.0
-132.7
21,673.9
-1,333.4
 
17,435
10,362
2047
568.7
163.8
624.6
0.0
-107.9
22,435.1
-1,351.5
 
18,323
11,206
2048
576.3
172.4
667.1
0.0
-81.7
23,192.2
-1,368.2
 
19,243
12,099
2049
583.9
181.1
710.8
0.0
-54.3
23,943.8
-1,383.3
 
20,197
13,043
2050
591.6
190.3
755.8
0.0
-26.2
24,689.1
-1,397.5
 
21,185
14,039
2051
599.4
199.0
802.2
0.0
3.7
25,425.9
-1,409.3
 
22,208
15,089
2052
607.3
207.1
849.8
0.0
35.4
26,152.2
-1,418.8
 
23,267
16,195
2053
615.3
213.8
898.2
0.0
69.1
26,865.7
-1,425.8
 
24,365
17,359
2054
623.4
220.1
947.1
0.0
103.6
27,565.1
-1,431.1
 
25,501
18,582
2055
631.6
225.9
996.5
0.0
139.0
28,249.0
-1,434.7
 
26,677
19,866
2056
639.8
232.7
1,046.2
0.0
173.6
28,917.8
-1,438.2
 
27,895
21,213
2057
648.1
238.9
1,096.1
0.0
209.1
29,570.2
-1,440.0
 
29,155
22,626
2058
656.5
244.3
1,145.6
0.0
244.8
30,205.4
-1,440.6
 
30,460
24,106
2059
665.0
249.0
1,194.5
0.0
280.5
30,822.9
-1,440.3
 
31,810
25,655
2060
673.7
252.9
1,242.9
0.0
316.4
31,422.1
-1,438.7
 
33,207
27,275
2061
682.4
256.0
1,290.9
0.0
352.6
32,001.9
-1,435.7
 
34,653
28,969
2062
691.3
258.2
1,338.8
0.0
389.4
32,561.4
-1,431.1
 
36,149
30,738
2063
700.2
259.6
1,386.5
0.0
426.7
33,099.1
-1,424.7
 
37,696
32,585
2064
709.3
260.0
1,432.7
0.0
463.4
33,615.3
-1,417.7
 
39,297
34,512
2065
718.5
259.6
1,477.7
0.0
499.6
34,109.6
-1,409.9
 
40,952
36,521
2066
727.8
264.9
1,521.9
0.0
529.2
34,588.4
-1,407.8
 
42,665
38,616
2067
737.2
269.8
1,565.7
0.0
558.6
35,051.2
-1,404.9
 
44,436
40,798
2068
747.0
274.3
1,609.0
0.0
587.8
35,497.9
-1,401.4
 
46,267
43,070
2069
756.8
278.2
1,650.9
0.0
615.9
35,929.1
-1,398.0
 
48,161
45,435
2070
766.6
281.7
1,691.3
4.1
638.9
36,349.5
-1,399.0
 
50,120
47,897
2071
776.7
284.6
1,731.1
17.5
652.3
36,768.7
-1,409.3
 
52,144
50,457
2072
786.8
287.1
1,770.1
30.4
665.9
37,186.6
-1,419.4
 
54,238
53,118
2073
797.0
289.0
1,808.6
42.8
679.8
37,602.7
-1,429.0
 
56,402
55,885
2074
807.3
290.4
1,846.6
54.7
694.1
38,016.6
-1,438.1
 
58,639
58,760
2075
817.8
291.4
1,884.1
66.3
708.7
38,427.9
-1,446.8
 
60,951
61,748
2076
828.3
291.8
1,921.3
77.6
723.5
38,836.3
-1,455.0
 
63,341
64,850
2077
839.0
291.8
1,958.3
88.7
738.8
39,241.2
-1,462.7
 
65,810
68,072
2078
849.8
291.3
1,995.0
99.5
754.3
39,642.2
-1,469.9
 
68,363
71,417
2079
860.8
290.3
2,031.6
110.1
770.4
40,038.8
-1,476.3
 
71,000
74,889

1General Fund Transfers to the Trust Funds have no effect on the Unified Budget. See memorandum for discussion. Transfers do not reflect reverse transfers--see table .d.

Based on Intermediate Assumptions of the 2004 Trustees Report
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

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

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