Table 1b.c—Proposal 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 Constant 2004 Dollars
|
|
2005
|
188.0
|
0.0
|
0.0
|
-188.0
|
191.2
|
-193.1
|
|
2006
|
211.5
|
0.0
|
0.0
|
-211.5
|
411.7
|
-227.4
|
|
2007
|
223.6
|
0.0
|
0.0
|
-223.6
|
649.4
|
-251.6
|
|
2008
|
234.7
|
0.0
|
0.0
|
-234.7
|
904.1
|
-276.1
|
|
2009
|
245.9
|
0.0
|
0.0
|
-245.9
|
1,177.2
|
-301.9
|
|
2010
|
257.1
|
0.0
|
0.0
|
-257.1
|
1,469.5
|
-328.9
|
|
2011
|
268.5
|
0.0
|
0.0
|
-268.5
|
1,782.1
|
-357.5
|
|
2012
|
278.9
|
0.0
|
3.3
|
-275.6
|
2,110.9
|
-382.6
|
|
2013
|
288.5
|
0.0
|
4.5
|
-284.0
|
2,457.8
|
-410.0
|
|
2014
|
299.8
|
0.0
|
6.5
|
-293.3
|
2,824.9
|
-440.0
|
|
2015
|
309.7
|
0.0
|
9.6
|
-300.2
|
3,210.5
|
-469.0
|
|
2016
|
320.0
|
49.2
|
18.3
|
-350.9
|
3,660.1
|
-544.5
|
|
2017
|
329.9
|
83.3
|
31.9
|
-381.3
|
4,155.3
|
-603.2
|
|
2018
|
339.7
|
120.0
|
48.0
|
-411.7
|
4,697.8
|
-664.8
|
|
2019
|
348.6
|
158.0
|
67.0
|
-439.6
|
5,284.9
|
-725.0
|
|
2020
|
357.4
|
196.1
|
89.2
|
-464.4
|
5,914.7
|
-784.5
|
|
2021
|
366.3
|
197.2
|
111.8
|
-451.7
|
6,550.6
|
-808.1
|
|
2022
|
374.8
|
222.8
|
139.2
|
-458.4
|
7,212.3
|
-851.8
|
|
2023
|
382.7
|
246.9
|
169.5
|
-460.1
|
7,895.6
|
-892.0
|
|
2024
|
390.4
|
266.3
|
203.0
|
-453.8
|
8,593.0
|
-925.1
|
|
2025
|
397.6
|
282.7
|
239.6
|
-440.6
|
9,298.0
|
-952.1
|
|
2026
|
404.9
|
301.9
|
278.3
|
-428.5
|
10,011.9
|
-980.6
|
|
2027
|
412.0
|
396.8
|
324.9
|
-484.0
|
10,803.4
|
-1,079.0
|
|
2028
|
418.7
|
435.9
|
370.0
|
-484.6
|
11,619.3
|
-1,125.6
|
|
2029
|
425.4
|
461.5
|
415.7
|
-471.2
|
12,446.1
|
-1,159.2
|
|
2030
|
431.9
|
484.0
|
464.2
|
-451.7
|
13,277.9
|
-1,187.0
|
|
2031
|
438.5
|
512.1
|
511.8
|
-438.8
|
14,121.6
|
-1,222.1
|
|
2032
|
445.0
|
489.0
|
562.8
|
-371.2
|
14,921.9
|
-1,201.5
|
|
2033
|
451.5
|
467.5
|
608.9
|
-310.0
|
15,684.2
|
-1,185.0
|
|
2034
|
458.1
|
445.2
|
654.2
|
-249.2
|
16,407.7
|
-1,166.7
|
|
2035
|
465.0
|
425.8
|
698.8
|
-192.0
|
17,094.8
|
-1,149.7
|
|
2036
|
472.1
|
406.0
|
741.9
|
-136.2
|
17,745.9
|
-1,132.2
|
|
2037
|
479.2
|
383.0
|
783.8
|
-78.4
|
18,357.8
|
-1,110.5
|
|
2038
|
486.5
|
360.1
|
824.2
|
-22.4
|
18,931.3
|
-1,088.4
|
|
2039
|
493.3
|
334.6
|
863.2
|
35.3
|
19,463.4
|
-1,062.4
|
|
2040
|
500.2
|
309.8
|
901.0
|
91.0
|
19,955.0
|
-1,035.9
|
|
2041
|
507.3
|
284.2
|
938.0
|
146.5
|
20,404.9
|
-1,007.3
|
|
2042
|
514.4
|
258.4
|
974.2
|
201.4
|
20,812.7
|
-977.0
|
|
2043
|
521.6
|
234.7
|
1,009.2
|
252.9
|
21,180.4
|
-947.6
|
|
2044
|
528.9
|
210.8
|
1,042.8
|
303.1
|
21,508.2
|
-917.3
|
|
2045
|
536.2
|
187.3
|
1,083.8
|
360.4
|
21,787.7
|
-877.4
|
|
2046
|
543.5
|
163.0
|
1,116.3
|
409.8
|
22,025.4
|
-842.7
|
|
2047
|
550.9
|
137.3
|
1,146.7
|
458.6
|
22,220.8
|
-806.3
|
|
2048
|
558.3
|
111.2
|
1,174.7
|
505.2
|
22,374.7
|
-769.7
|
|
2049
|
565.7
|
83.8
|
1,200.3
|
550.7
|
22,487.0
|
-731.8
|
|
2050
|
573.1
|
0.2
|
1,229.6
|
656.2
|
22,495.6
|
-629.7
|
|
2051
|
580.7
|
0.0
|
1,258.6
|
677.8
|
22,482.6
|
-608.0
|
|
2052
|
588.3
|
0.0
|
1,287.3
|
699.0
|
22,447.7
|
-585.5
|
|
2053
|
596.1
|
0.0
|
1,315.6
|
719.5
|
22,390.9
|
-562.3
|
|
2054
|
603.9
|
0.0
|
1,343.5
|
739.6
|
22,312.0
|
-538.4
|
|
2055
|
611.8
|
0.0
|
1,371.3
|
759.5
|
22,210.6
|
-513.3
|
|
2056
|
619.8
|
0.0
|
1,399.2
|
779.4
|
22,085.9
|
-487.0
|
|
2057
|
627.8
|
0.0
|
1,426.9
|
799.1
|
21,937.5
|
-459.5
|
|
2058
|
636.0
|
0.0
|
1,454.2
|
818.2
|
21,765.3
|
-431.2
|
|
2059
|
644.3
|
0.0
|
1,481.2
|
837.0
|
21,568.8
|
-401.9
|
|
2060
|
652.6
|
0.0
|
1,510.5
|
857.8
|
21,345.3
|
-369.0
|
|
2061
|
661.1
|
0.0
|
1,536.4
|
875.3
|
21,097.3
|
-338.0
|
|
2062
|
669.7
|
0.0
|
1,562.9
|
893.3
|
20,823.6
|
-305.2
|
|
2063
|
678.3
|
0.0
|
1,590.1
|
911.7
|
20,523.0
|
-270.3
|
|
2064
|
687.1
|
0.0
|
1,616.7
|
929.6
|
20,195.3
|
-234.4
|
|
2065
|
696.0
|
0.0
|
1,643.2
|
947.2
|
19,839.8
|
-197.3
|
|
2066
|
705.0
|
0.0
|
1,670.5
|
965.4
|
19,455.2
|
-157.9
|
|
2067
|
714.2
|
0.0
|
1,698.4
|
984.2
|
19,040.0
|
-116.3
|
|
2068
|
723.6
|
0.0
|
1,726.9
|
1,003.3
|
18,593.0
|
-72.6
|
|
2069
|
733.1
|
0.0
|
1,755.2
|
1,022.1
|
18,113.5
|
-27.3
|
|
2070
|
742.7
|
0.0
|
1,783.0
|
1,040.3
|
17,601.1
|
19.3
|
|
2071
|
752.4
|
0.0
|
1,811.2
|
1,058.8
|
17,054.6
|
68.0
|
|
2072
|
762.2
|
0.0
|
1,839.6
|
1,077.4
|
16,472.8
|
118.9
|
|
2073
|
772.1
|
0.0
|
1,868.4
|
1,096.3
|
15,854.3
|
172.1
|
|
2074
|
782.1
|
0.0
|
1,897.6
|
1,115.5
|
15,197.8
|
227.8
|
|
2075
|
792.2
|
0.0
|
1,927.3
|
1,135.1
|
14,501.8
|
286.0
|
|
2076
|
802.5
|
0.0
|
1,957.4
|
1,154.9
|
13,764.7
|
346.8
|
|
2077
|
812.8
|
0.0
|
1,988.0
|
1,175.1
|
12,985.0
|
410.4
|
|
2078
|
823.3
|
0.0
|
2,019.0
|
1,195.7
|
12,161.0
|
476.8
|
|
2079
|
833.9
|
0.0
|
2,050.6
|
1,216.7
|
11,291.0
|
546.3
|
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