Table 1bProposal Effects on Unified Budget
Individual Account Contribution Rate: 6.2% Benefit Offset: 0.0%
|
Year
|
Amount(%) Contributed to IA by Federal Government: 100 (1)
|
Recognition Bond Distributions (2)
|
Other Changes in OASDI Cashflow (3)
|
Change in
|
Annual Unified Budget Cashflow (4)=(3)-(1)-(2)
|
Debt Held by Public (EOY) (5)
|
Annual Unified Budget Balance (6)
|
Billions of Dollars, Present Value as of 1-1-2004
|
2005
|
175.8
|
0.0
|
0.0
|
-175.8
|
175.8
|
-175.8
|
2006
|
191.2
|
0.0
|
0.0
|
-191.2
|
367.0
|
-200.2
|
2007
|
196.5
|
0.0
|
0.0
|
-196.5
|
563.4
|
-215.3
|
2008
|
201.0
|
0.0
|
0.0
|
-201.0
|
764.4
|
-230.2
|
2009
|
205.2
|
0.0
|
0.0
|
-205.2
|
969.6
|
-245.2
|
2010
|
208.9
|
0.0
|
0.0
|
-208.9
|
1,178.5
|
-260.1
|
2011
|
212.5
|
0.0
|
0.0
|
-212.5
|
1,391.0
|
-275.2
|
2012
|
214.8
|
0.0
|
2.6
|
-212.2
|
1,603.2
|
-286.6
|
2013
|
216.1
|
0.0
|
3.4
|
-212.8
|
1,815.9
|
-298.8
|
2014
|
218.4
|
0.0
|
4.7
|
-213.7
|
2,029.6
|
-311.8
|
2015
|
219.4
|
0.0
|
6.8
|
-212.6
|
2,242.2
|
-323.1
|
2016
|
220.3
|
33.9
|
12.6
|
-241.6
|
2,483.8
|
-364.4
|
2017
|
220.7
|
55.7
|
21.3
|
-255.0
|
2,738.8
|
-392.1
|
2018
|
220.6
|
77.9
|
31.2
|
-267.4
|
3,006.2
|
-419.6
|
2019
|
219.8
|
99.6
|
42.3
|
-277.2
|
3,283.4
|
-444.2
|
2020
|
218.8
|
120.1
|
54.6
|
-284.3
|
3,567.6
|
-466.7
|
2021
|
217.7
|
117.2
|
66.4
|
-268.5
|
3,836.1
|
-466.7
|
2022
|
216.3
|
128.5
|
80.3
|
-264.5
|
4,100.6
|
-477.7
|
2023
|
214.4
|
138.3
|
95.0
|
-257.7
|
4,358.3
|
-485.6
|
2024
|
212.3
|
144.9
|
110.4
|
-246.8
|
4,605.1
|
-489.0
|
2025
|
210.0
|
149.3
|
126.5
|
-232.7
|
4,837.8
|
-488.6
|
2026
|
207.6
|
154.8
|
142.7
|
-219.7
|
5,057.5
|
-488.5
|
2027
|
205.1
|
197.5
|
161.7
|
-240.9
|
5,298.4
|
-521.9
|
2028
|
202.3
|
210.6
|
178.8
|
-234.2
|
5,532.6
|
-528.6
|
2029
|
199.6
|
216.5
|
195.0
|
-221.1
|
5,753.7
|
-528.5
|
2030
|
196.7
|
220.4
|
211.5
|
-205.7
|
5,959.4
|
-525.5
|
2031
|
193.9
|
226.5
|
226.3
|
-194.1
|
6,153.5
|
-525.2
|
2032
|
191.0
|
210.0
|
241.6
|
-159.4
|
6,312.8
|
-501.3
|
2033
|
188.2
|
194.9
|
253.8
|
-129.2
|
6,442.1
|
-480.0
|
2034
|
185.4
|
180.2
|
264.7
|
-100.9
|
6,542.9
|
-458.9
|
2035
|
182.7
|
167.3
|
274.6
|
-75.4
|
6,618.4
|
-439.0
|
2036
|
180.1
|
154.9
|
283.0
|
-52.0
|
6,670.3
|
-419.8
|
2037
|
177.5
|
141.8
|
290.3
|
-29.0
|
6,699.4
|
-399.7
|
2038
|
174.9
|
129.5
|
296.4
|
-8.0
|
6,707.4
|
-380.3
|
2039
|
172.2
|
116.8
|
301.3
|
12.3
|
6,695.1
|
-360.4
|
2040
|
169.5
|
105.0
|
305.4
|
30.8
|
6,664.3
|
-341.2
|
2041
|
166.9
|
93.5
|
308.7
|
48.2
|
6,616.0
|
-322.1
|
2042
|
164.4
|
82.6
|
311.2
|
64.3
|
6,551.7
|
-303.3
|
2043
|
161.8
|
72.8
|
313.0
|
78.5
|
6,473.3
|
-285.6
|
2044
|
159.3
|
63.5
|
314.0
|
91.3
|
6,382.0
|
-268.4
|
2045
|
156.8
|
54.7
|
316.9
|
105.4
|
6,276.6
|
-249.3
|
2046
|
154.3
|
46.3
|
316.9
|
116.3
|
6,160.3
|
-232.5
|
2047
|
151.8
|
37.8
|
316.0
|
126.4
|
6,033.9
|
-216.0
|
2048
|
149.4
|
29.8
|
314.3
|
135.2
|
5,898.8
|
-200.1
|
2049
|
146.9
|
21.8
|
311.8
|
143.1
|
5,755.7
|
-184.7
|
2050
|
144.5
|
0.1
|
310.1
|
165.5
|
5,590.2
|
-154.3
|
2051
|
142.2
|
0.0
|
308.2
|
166.0
|
5,424.2
|
-144.7
|
2052
|
139.9
|
0.0
|
306.0
|
166.2
|
5,258.1
|
-135.3
|
2053
|
137.6
|
0.0
|
303.6
|
166.1
|
5,092.0
|
-126.1
|
2054
|
135.3
|
0.0
|
301.1
|
165.7
|
4,926.3
|
-117.2
|
2055
|
133.1
|
0.0
|
298.3
|
165.2
|
4,761.1
|
-108.5
|
2056
|
130.9
|
0.0
|
295.5
|
164.6
|
4,596.4
|
-100.0
|
2057
|
128.7
|
0.0
|
292.6
|
163.9
|
4,432.6
|
-91.6
|
2058
|
126.6
|
0.0
|
289.5
|
162.9
|
4,269.7
|
-83.4
|
2059
|
124.5
|
0.0
|
286.3
|
161.8
|
4,107.9
|
-75.5
|
2060
|
122.5
|
0.0
|
283.5
|
161.0
|
3,946.9
|
-67.3
|
2061
|
120.4
|
0.0
|
279.9
|
159.5
|
3,787.4
|
-59.9
|
2062
|
118.5
|
0.0
|
276.5
|
158.0
|
3,629.4
|
-52.5
|
2063
|
116.5
|
0.0
|
273.1
|
156.6
|
3,472.9
|
-45.1
|
2064
|
114.6
|
0.0
|
269.6
|
155.0
|
3,317.9
|
-38.0
|
2065
|
112.7
|
0.0
|
266.0
|
153.3
|
3,164.5
|
-31.0
|
2066
|
110.8
|
0.0
|
262.5
|
151.7
|
3,012.8
|
-24.1
|
2067
|
109.0
|
0.0
|
259.1
|
150.2
|
2,862.6
|
-17.2
|
2068
|
107.2
|
0.0
|
255.8
|
148.6
|
2,714.0
|
-10.4
|
2069
|
105.4
|
0.0
|
252.4
|
147.0
|
2,567.0
|
-3.8
|
2070
|
103.7
|
0.0
|
249.0
|
145.3
|
2,421.7
|
2.6
|
2071
|
102.0
|
0.0
|
245.5
|
143.5
|
2,278.2
|
9.0
|
2072
|
100.3
|
0.0
|
242.1
|
141.8
|
2,136.4
|
15.2
|
2073
|
98.7
|
0.0
|
238.8
|
140.1
|
1,996.3
|
21.4
|
2074
|
97.0
|
0.0
|
235.4
|
138.4
|
1,857.9
|
27.5
|
2075
|
95.4
|
0.0
|
232.1
|
136.7
|
1,721.2
|
33.5
|
2076
|
93.8
|
0.0
|
228.9
|
135.1
|
1,586.1
|
39.4
|
2077
|
92.3
|
0.0
|
225.7
|
133.4
|
1,452.7
|
45.3
|
2078
|
90.8
|
0.0
|
222.6
|
131.8
|
1,320.9
|
51.1
|
2079
|
89.2
|
0.0
|
219.5
|
130.2
|
1,190.6
|
56.8
|
Based on Intermediate Assumptions of the 2004 Trustees Report With--
Ultimate Real Trust Fund Interest Rate of 3.0%
Ultimate Real IA Yield Rate of 4.65%
Annuity Net Real Yield Rate of 3.0%.
Office of the Chief Actuary
Social Security Administration
February 11, 2005