Table 2a—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
193
11,911
1,840
1,840
2006
0.0
0.0
0.0
0
1,581
416
12,246
1,998
1,998
2007
0.0
0.0
0.0
0
1,498
656
12,562
2,156
2,156
2008
0.0
0.0
0.0
0
1,399
912
12,870
2,315
2,315
2009
0.0
0.0
0.0
0
1,279
1,185
13,171
2,473
2,473
2010
0.0
0.0
0.0
0
1,141
1,477
13,466
2,631
2,631
2011
0.0
0.0
0.0
0
983
1,789
13,752
2,790
2,790
2012
0.0
0.0
0.0
0
804
2,117
14,024
2,944
2,944
2013
62.0
0.1
82.9
83
684
2,461
14,285
3,091
3,174
2014
179.9
0.1
247.1
332
708
2,823
14,547
3,230
3,563
2015
189.8
0.2
268.3
610
732
3,203
14,804
3,360
3,970
2016
223.3
0.3
324.7
952
747
3,599
15,061
3,478
4,431
2017
247.8
0.4
371.1
1,352
761
4,014
15,322
3,584
4,935
2018
271.5
0.4
418.7
1,811
775
4,446
15,586
3,675
5,486
2019
290.4
0.5
461.3
2,326
785
4,894
15,842
3,750
6,076
2020
308.6
0.5
505.0
2,901
793
5,356
16,100
3,805
6,706
2021
301.6
0.6
508.5
3,496
797
5,833
16,354
3,841
7,337
2022
306.4
0.7
532.1
4,133
797
6,324
16,610
3,857
7,990
2023
312.1
0.7
558.5
4,816
800
6,828
16,861
3,851
8,667
2024
307.1
0.8
566.1
5,527
796
7,345
17,117
3,823
9,350
2025
298.6
0.9
567.1
6,259
785
7,874
17,372
3,773
10,032
2026
290.3
0.9
568.1
7,015
766
8,414
17,634
3,700
10,715
2027
322.6
1.0
650.2
7,876
752
8,964
17,903
3,604
11,480
2028
320.7
1.1
665.8
8,778
734
9,525
18,174
3,486
12,264
2029
312.2
1.2
667.9
9,709
713
10,094
18,451
3,346
13,055
2030
300.8
1.2
663.1
10,664
689
10,673
18,733
3,184
13,847
2031
296.0
1.3
672.3
11,656
670
11,259
19,022
3,000
14,656
2032
263.5
1.4
616.8
12,622
647
11,852
19,319
2,796
15,418
2033
236.1
1.5
569.9
13,571
622
12,452
19,622
2,570
16,141
2034
210.2
1.5
523.2
14,501
599
13,058
19,929
2,325
16,827
2035
189.2
1.6
485.6
15,422
583
13,669
20,243
2,062
17,484
2036
163.0
1.7
431.7
16,316
558
14,286
20,564
1,780
18,096
2037
141.3
1.8
386.2
17,192
536
14,906
20,892
1,481
18,673
2038
121.3
1.9
342.6
18,050
518
15,530
21,226
1,165
19,215
2039
100.0
1.9
292.0
18,884
499
16,157
21,562
833
19,717
2040
80.9
2.0
244.8
19,695
482
16,785
21,904
485
20,180
2041
62.7
2.1
197.0
20,483
465
17,414
22,252
120
20,603
2042
46.9
2.2
153.7
21,251
452
18,042
22,605
-262
20,989
2043
30.3
2.2
104.8
21,993
435
18,669
22,961
-662
21,331
2044
15.4
2.3
58.9
22,712
415
19,295
23,322
-1,080
21,632
2045
2.5
2.4
16.9
23,410
403
19,917
23,687
-1,516
21,894
2046
0.0
2.5
8.7
24,121
426
20,535
24,055
-1,972
22,149
2047
0.0
2.5
9.2
24,854
493
21,150
24,426
-2,449
22,406
2048
0.0
2.6
9.7
25,610
602
21,758
24,799
-2,946
22,664
2049
0.0
2.7
10.2
26,388
754
22,360
25,174
-3,465
22,923
2050
0.0
2.7
10.7
27,191
1,011
22,951
25,552
-4,008
23,182
2051
0.0
2.7
11.2
28,017
1,288
23,533
25,936
-4,577
23,441
2052
0.0
2.8
11.7
28,870
1,585
24,106
26,324
-5,172
23,698
2053
0.0
2.8
12.2
29,748
1,902
24,673
26,721
-5,795
23,953
2054
0.0
2.8
12.6
30,653
2,238
25,234
27,123
-6,447
24,206
2055
0.0
2.8
13.1
31,586
2,592
25,789
27,528
-7,130
24,456
2056
0.0
2.8
13.5
32,547
2,966
26,339
27,939
-7,845
24,701
2057
0.0
2.8
13.8
33,537
3,358
26,883
28,354
-8,594
24,943
2058
0.0
2.8
14.2
34,557
3,769
27,422
28,775
-9,378
25,180
2059
0.0
2.8
14.5
35,609
4,200
27,955
29,204
-10,196
25,412
2060
0.0
2.8
14.8
36,692
4,652
28,483
29,639
-11,052
25,640
2061
0.0
2.7
15.0
37,807
5,123
29,006
30,078
-11,946
25,861
2062
0.0
2.7
15.2
38,957
5,613
29,524
30,526
-12,880
26,077
2063
0.0
2.6
15.3
40,141
6,122
30,038
30,978
-13,857
26,284
2064
0.0
2.6
15.4
41,360
6,650
30,548
31,438
-14,876
26,484
2065
0.0
2.5
15.4
42,616
7,199
31,055
31,906
-15,940
26,676
2066
0.0
2.4
15.4
43,910
7,768
31,558
32,379
-17,050
26,860
2067
0.0
2.3
15.3
45,243
8,360
32,059
32,861
-18,208
27,035
2068
0.0
2.3
15.2
46,615
8,975
32,557
33,359
-19,414
27,202
2069
0.0
2.2
15.1
48,029
9,613
33,054
33,859
-20,670
27,359
2070
0.0
2.1
14.9
49,485
10,276
33,550
34,366
-21,978
27,507
2071
0.0
2.0
14.7
50,984
10,963
34,045
34,882
-23,340
27,645
2072
0.0
1.9
14.5
52,528
11,676
34,539
35,404
-24,756
27,772
2073
0.0
1.8
14.2
54,118
12,415
35,034
35,931
-26,230
27,888
2074
0.0
1.7
13.9
55,756
13,181
35,530
36,464
-27,762
27,993
2075
0.0
1.6
13.6
57,442
13,975
36,027
37,006
-29,356
28,085
2076
0.0
1.5
13.2
59,178
14,799
36,525
37,555
-31,014
28,165
2077
0.0
1.5
12.9
60,967
15,652
37,025
38,112
-32,736
28,230
2078
0.0
1.4
12.5
62,808
16,536
37,528
38,677
-34,527
28,281
2079
0.0
1.3
12.1
64,704
17,452
38,033
39,245
-36,387
28,317
Total
2004-78
6,805.1
118.3
             

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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