Table 1a—Proposal General Fund Transfers, OASDI Trust Fund Assets, Individual Account Assets, and Theoretical OASDI Assets
Calendar
Year
Proposal General Fund Transfer(GF)/Reimburse
Total
OASDI
Trust Fund
Assets
at End of
Year
(5)
Expected
Individual
Account
Assets1
at End of
Year
(6)
GDP
(7)
Theoretical Social Security2
with Borrowing Authority:
Net OASDI Trust Fund
Assets End of Year
Transfers
for
Solvency
(1)
Reimburse
Minimum
Benefit
(2)
Total in
Constant
2004
Dollars
(3)
Accumulated
as of
End of Year
(4)
Without
General Fund
Transfer
(8)
With
General Fund
Transfer
(amount
for Proposal)
(9)
Billions of Dollars,
Present Value
as of 1-1-2004
Billions of
Constant 2004 Dollars
Billions of Constant 2004 Dollars
2004
0.0
0.0
0.0
0
1,684
0
11,544
1,684
1,684
2005
0.0
0.0
0.0
0
1,647
195
11,911
1,840
1,840
2006
0.0
0.0
0.0
0
1,581
423
12,246
1,998
1,998
2007
0.0
0.0
0.0
0
1,498
673
12,562
2,156
2,156
2008
0.0
0.0
0.0
0
1,399
943
12,870
2,315
2,315
2009
0.0
0.0
0.0
0
1,279
1,237
13,171
2,473
2,473
2010
0.0
0.0
0.0
0
1,141
1,555
13,466
2,631
2,631
2011
0.0
0.0
0.0
0
983
1,899
13,752
2,790
2,790
2012
0.0
0.0
0.0
0
804
2,266
14,024
2,944
2,944
2013
62.0
0.1
82.9
83
684
2,656
14,285
3,091
3,174
2014
179.9
0.1
247.1
332
708
3,072
14,547
3,230
3,563
2015
189.8
0.2
268.3
610
732
3,514
14,804
3,360
3,970
2016
223.3
0.3
324.7
952
747
3,983
15,061
3,478
4,431
2017
247.8
0.4
371.0
1,351
761
4,479
15,322
3,584
4,935
2018
271.5
0.4
418.7
1,810
775
5,003
15,586
3,675
5,486
2019
290.4
0.5
461.3
2,326
785
5,552
15,842
3,750
6,076
2020
308.6
0.5
505.0
2,901
793
6,128
16,100
3,805
6,706
2021
301.6
0.6
508.4
3,496
797
6,730
16,354
3,841
7,337
2022
306.4
0.6
532.0
4,133
797
7,357
16,610
3,857
7,990
2023
308.6
0.7
552.0
4,809
794
8,010
16,861
3,851
8,660
2024
307.1
0.7
565.9
5,519
790
8,689
17,117
3,823
9,342
2025
302.1
0.8
573.5
6,258
786
9,392
17,372
3,773
10,031
2026
290.3
0.8
567.9
7,014
766
10,119
17,634
3,700
10,714
2027
322.6
0.9
649.9
7,874
753
10,871
17,903
3,604
11,478
2028
320.7
0.9
665.4
8,776
736
11,647
18,174
3,486
12,262
2029
312.2
1.0
667.5
9,707
715
12,446
18,451
3,346
13,053
2030
300.8
1.0
662.6
10,661
691
13,267
18,733
3,184
13,845
2031
292.9
1.0
664.6
11,645
666
14,110
19,022
3,000
14,646
2032
263.5
1.1
616.1
12,611
643
14,974
19,319
2,796
15,406
2033
237.9
1.1
573.5
13,562
624
15,859
19,622
2,570
16,133
2034
210.2
1.1
522.2
14,491
601
16,764
19,929
2,325
16,817
2035
186.2
1.1
476.9
15,403
579
17,687
20,243
2,062
17,465
2036
163.0
1.2
430.3
16,295
556
18,629
20,564
1,780
18,075
2037
140.4
1.2
382.3
17,166
532
19,588
20,892
1,481
18,647
2038
121.3
1.2
340.7
18,022
516
20,562
21,226
1,165
19,187
2039
98.1
1.2
284.3
18,847
493
21,551
21,562
833
19,680
2040
80.1
1.2
239.9
19,652
475
22,552
21,904
485
20,137
2041
62.7
1.2
194.3
20,436
461
23,564
22,252
120
20,556
2042
45.1
1.2
144.8
21,194
445
24,585
22,605
-262
20,932
2043
29.5
1.2
98.9
21,929
428
25,613
22,961
-662
21,267
2044
13.4
1.2
48.2
22,635
405
26,647
23,322
-1,080
21,555
2045
1.3
1.1
8.2
23,322
392
27,682
23,687
-1,516
21,806
2046
0.0
1.1
4.0
24,026
419
28,719
24,055
-1,972
22,053
2047
0.0
1.1
4.0
24,751
491
29,755
24,426
-2,449
22,302
2048
0.0
1.1
4.0
25,497
606
30,788
24,799
-2,946
22,551
2049
0.0
1.0
4.0
26,266
763
31,812
25,174
-3,465
22,801
2050
0.0
1.0
4.0
27,058
1,027
32,822
25,552
-4,008
23,050
2051
0.0
1.0
4.0
27,874
1,311
33,817
25,936
-4,577
23,297
2052
0.0
0.9
4.0
28,714
1,616
34,797
26,324
-5,172
23,542
2053
0.0
0.9
3.9
29,579
1,941
35,768
26,721
-5,795
23,785
2054
0.0
0.9
3.9
30,470
2,286
36,730
27,123
-6,447
24,024
2055
0.0
0.8
3.8
31,388
2,651
37,683
27,528
-7,130
24,259
2056
0.0
0.8
3.8
32,334
3,035
38,625
27,939
-7,845
24,489
2057
0.0
0.8
3.7
33,308
3,438
39,556
28,354
-8,594
24,714
2058
0.0
0.7
3.7
34,311
3,862
40,476
28,775
-9,378
24,933
2059
0.0
0.7
3.6
35,343
4,305
41,383
29,204
-10,196
25,147
2060
0.0
0.7
3.5
36,407
4,771
42,279
29,639
-11,052
25,355
2061
0.0
0.6
3.5
37,503
5,256
43,162
30,078
-11,946
25,557
2062
0.0
0.6
3.4
38,631
5,760
44,032
30,526
-12,880
25,751
2063
0.0
0.6
3.3
39,794
6,285
44,890
30,978
-13,857
25,937
2064
0.0
0.5
3.2
40,991
6,829
45,736
31,438
-14,876
26,114
2065
0.0
0.5
3.1
42,224
7,394
46,570
31,906
-15,940
26,283
2066
0.0
0.5
3.0
43,493
7,981
47,431
32,379
-17,050
26,443
2067
0.0
0.5
3.0
44,801
8,590
48,284
32,861
-18,208
26,594
2068
0.0
0.4
2.9
46,148
9,224
49,127
33,359
-19,414
26,734
2069
0.0
0.4
2.8
47,535
9,881
49,962
33,859
-20,670
26,865
2070
0.0
0.4
2.7
48,964
10,563
50,790
34,366
-21,978
26,986
2071
0.0
0.4
2.6
50,435
11,270
51,612
34,882
-23,340
27,096
2072
0.0
0.3
2.5
51,951
12,003
52,427
35,404
-24,756
27,195
2073
0.0
0.3
2.4
53,512
12,762
53,238
35,931
-26,230
27,282
2074
0.0
0.3
2.3
55,120
13,550
54,044
36,464
-27,762
27,357
2075
0.0
0.3
2.2
56,775
14,365
54,848
37,006
-29,356
27,419
2076
0.0
0.3
2.2
58,481
15,210
55,649
37,555
-31,014
27,467
2077
0.0
0.2
2.1
60,237
16,086
56,450
38,112
-32,736
27,501
2078
0.0
0.2
2.0
62,047
16,993
57,249
38,677
-34,527
27,520
2079
0.0
0.2
1.9
63,910
17,932
58,049
39,245
-36,387
27,523
Total
2004-78
6,791.1
48.4
             

1Including annuity assets, assuming all annuitize fully.

2Theoretical Social Security is the current Social Security program with the assumption that the law is modified to permit borrowing from the General Fund of the Treasury.

Based on Intermediate Assumptions of the 2004 Trustees Report

Office of the Chief Actuary
Social Security Administration
February 11, 2005

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