Table 2b—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
Cashflow1
(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
2,242.3
-323.1
2016
220.3
33.9
12.6
-241.6
2,483.8
-364.5
2017
220.7
55.7
21.3
-255.0
2,738.9
-392.1
2018
220.6
77.9
31.1
-267.4
3,006.3
-419.6
2019
219.8
99.6
42.2
-277.2
3,283.5
-444.3
2020
218.8
120.1
54.5
-284.3
3,567.8
-466.8
2021
217.7
117.2
66.4
-268.5
3,836.3
-466.8
2022
216.3
128.5
80.2
-264.6
4,100.9
-477.8
2023
214.4
138.3
94.9
-257.8
4,358.7
-485.7
2024
212.3
144.9
110.3
-246.9
4,605.7
-489.2
2025
210.0
149.3
126.4
-232.8
4,838.5
-488.8
2026
207.6
154.8
142.5
-219.9
5,058.4
-488.8
2027
205.1
197.5
161.4
-241.2
5,299.6
-522.3
2028
202.3
210.6
178.5
-234.5
5,534.1
-529.0
2029
199.6
216.5
194.7
-221.4
5,755.5
-529.0
2030
196.7
220.4
211.0
-206.2
5,961.7
-526.0
2031
193.9
226.5
225.8
-194.6
6,156.3
-525.9
2032
191.0
210.0
241.0
-160.0
6,316.3
-502.1
2033
188.2
194.9
253.1
-129.9
6,446.2
-480.9
2034
185.4
180.2
263.9
-101.7
6,547.9
-459.9
2035
182.7
167.3
273.6
-76.4
6,624.3
-440.2
2036
180.1
154.9
282.0
-53.0
6,677.3
-421.1
2037
177.5
141.8
289.1
-30.2
6,707.5
-401.3
2038
174.9
129.5
295.1
-9.3
6,716.8
-382.1
2039
172.2
116.8
299.9
10.9
6,706.0
-362.4
2040
169.5
105.0
303.8
29.3
6,676.7
-343.4
2041
166.9
93.5
306.9
46.5
6,630.2
-324.5
2042
164.4
82.6
309.3
62.4
6,567.8
-306.0
2043
161.8
72.8
311.0
76.4
6,491.4
-288.6
2044
159.3
63.5
311.8
89.0
6,402.3
-271.7
2045
156.8
54.7
314.4
102.9
6,299.4
-252.8
2046
154.3
46.3
314.3
113.7
6,185.7
-236.4
2047
151.8
37.8
313.2
123.6
6,062.1
-220.2
2048
149.4
29.8
311.3
132.2
5,929.9
-204.7
2049
146.9
21.8
308.7
140.0
5,789.9
-189.6
2050
144.5
0.1
306.9
162.3
5,627.7
-159.5
2051
142.2
0.0
304.8
162.6
5,465.1
-150.1
2052
139.9
0.0
302.5
162.7
5,302.4
-141.0
2053
137.6
0.0
300.0
162.4
5,140.0
-132.2
2054
135.3
0.0
297.3
162.0
4,978.0
-123.6
2055
133.1
0.0
294.5
161.4
4,816.5
-115.2
2056
130.9
0.0
291.6
160.7
4,655.8
-106.9
2057
128.7
0.0
288.7
159.9
4,495.9
-98.8
2058
126.6
0.0
285.5
158.9
4,337.0
-90.9
2059
124.5
0.0
282.3
157.8
4,179.2
-83.2
2060
122.5
0.0
279.4
157.0
4,022.3
-75.3
2061
120.4
0.0
275.9
155.5
3,866.8
-68.0
2062
118.5
0.0
272.5
154.0
3,712.7
-60.8
2063
116.5
0.0
269.2
152.7
3,560.1
-53.7
2064
114.6
0.0
265.7
151.2
3,408.9
-46.7
2065
112.7
0.0
262.2
149.6
3,259.3
-39.9
2066
110.8
0.0
258.9
148.1
3,111.3
-33.1
2067
109.0
0.0
255.6
146.6
2,964.7
-26.3
2068
107.2
0.0
252.4
145.2
2,819.5
-19.6
2069
105.4
0.0
249.1
143.6
2,675.9
-13.0
2070
103.7
0.0
245.7
142.0
2,533.9
-6.7
2071
102.0
0.0
242.4
140.4
2,393.4
-0.4
2072
100.3
0.0
239.2
138.8
2,254.6
5.8
2073
98.7
0.0
235.9
137.2
2,117.4
12.0
2074
97.0
0.0
232.7
135.7
1,981.7
18.0
2075
95.4
0.0
229.6
134.1
1,847.6
24.0
2076
93.8
0.0
226.5
132.6
1,714.9
29.9
2077
92.3
0.0
223.4
131.1
1,583.8
35.8
2078
90.8
0.0
220.4
129.6
1,454.2
41.6
2079
89.2
0.0
217.4
128.2
1,326.1
47.3

1Excluding General Fund transfers and reimbursement.

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 2.75%
Annuity Net Real Yield Rate of 2.75%.

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

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