Table 2b.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
|
3,210.6
|
-469.0
|
|
2016
|
320.0
|
49.2
|
18.3
|
-350.9
|
3,660.2
|
-544.5
|
|
2017
|
329.9
|
83.3
|
31.9
|
-381.4
|
4,155.4
|
-603.2
|
|
2018
|
339.7
|
120.0
|
48.0
|
-411.7
|
4,697.9
|
-664.8
|
|
2019
|
348.6
|
158.0
|
67.0
|
-439.7
|
5,285.1
|
-725.1
|
|
2020
|
357.4
|
196.1
|
89.1
|
-464.5
|
5,915.0
|
-784.6
|
|
2021
|
366.3
|
197.2
|
111.6
|
-451.8
|
6,551.0
|
-808.2
|
|
2022
|
374.8
|
222.8
|
139.0
|
-458.5
|
7,212.9
|
-852.0
|
|
2023
|
382.7
|
246.9
|
169.3
|
-460.2
|
7,896.4
|
-892.2
|
|
2024
|
390.4
|
266.3
|
202.7
|
-454.0
|
8,594.0
|
-925.4
|
|
2025
|
397.6
|
282.7
|
239.3
|
-440.9
|
9,299.4
|
-952.5
|
|
2026
|
404.9
|
301.9
|
277.9
|
-428.9
|
10,013.7
|
-981.1
|
|
2027
|
412.0
|
396.8
|
324.3
|
-484.5
|
10,805.8
|
-1,079.7
|
|
2028
|
418.7
|
435.9
|
369.3
|
-485.3
|
11,622.5
|
-1,126.4
|
|
2029
|
425.4
|
461.5
|
414.9
|
-472.0
|
12,450.2
|
-1,160.2
|
|
2030
|
431.9
|
484.0
|
463.2
|
-452.6
|
13,283.0
|
-1,188.3
|
|
2031
|
438.5
|
512.1
|
510.6
|
-440.0
|
14,128.1
|
-1,223.6
|
|
2032
|
445.0
|
489.0
|
561.3
|
-372.6
|
14,930.1
|
-1,203.3
|
|
2033
|
451.5
|
467.5
|
607.2
|
-311.7
|
15,694.4
|
-1,187.2
|
|
2034
|
458.1
|
445.2
|
652.1
|
-251.2
|
16,420.2
|
-1,169.3
|
|
2035
|
465.0
|
425.8
|
696.4
|
-194.3
|
17,110.0
|
-1,152.9
|
|
2036
|
472.1
|
406.0
|
739.2
|
-139.0
|
17,764.3
|
-1,135.9
|
|
2037
|
479.2
|
383.0
|
780.7
|
-81.6
|
18,380.0
|
-1,114.9
|
|
2038
|
486.5
|
360.1
|
820.6
|
-26.0
|
18,957.8
|
-1,093.4
|
|
2039
|
493.3
|
334.6
|
859.0
|
31.1
|
19,494.9
|
-1,068.1
|
|
2040
|
500.2
|
309.8
|
896.4
|
86.3
|
19,992.1
|
-1,042.5
|
|
2041
|
507.3
|
284.2
|
932.7
|
141.3
|
20,448.5
|
-1,014.8
|
|
2042
|
514.4
|
258.4
|
968.3
|
195.4
|
20,863.7
|
-985.6
|
|
2043
|
521.6
|
234.7
|
1,002.6
|
246.3
|
21,239.6
|
-957.4
|
|
2044
|
528.9
|
210.8
|
1,035.3
|
295.7
|
21,576.7
|
-928.4
|
|
2045
|
536.2
|
187.3
|
1,075.5
|
352.1
|
21,866.7
|
-889.9
|
|
2046
|
543.5
|
163.0
|
1,107.1
|
400.6
|
22,116.2
|
-856.8
|
|
2047
|
550.9
|
137.3
|
1,136.6
|
448.5
|
22,324.5
|
-822.0
|
|
2048
|
558.3
|
111.2
|
1,163.6
|
494.1
|
22,492.8
|
-787.1
|
|
2049
|
565.7
|
83.8
|
1,188.3
|
538.8
|
22,620.7
|
-750.9
|
|
2050
|
573.1
|
0.2
|
1,216.8
|
643.4
|
22,646.3
|
-650.7
|
|
2051
|
580.7
|
0.0
|
1,244.8
|
664.1
|
22,651.8
|
-630.9
|
|
2052
|
588.3
|
0.0
|
1,272.5
|
684.2
|
22,636.9
|
-610.5
|
|
2053
|
596.1
|
0.0
|
1,299.9
|
703.8
|
22,601.7
|
-589.5
|
|
2054
|
603.9
|
0.0
|
1,326.9
|
723.0
|
22,546.0
|
-567.7
|
|
2055
|
611.8
|
0.0
|
1,353.8
|
742.0
|
22,469.4
|
-544.9
|
|
2056
|
619.8
|
0.0
|
1,380.7
|
760.9
|
22,371.2
|
-521.0
|
|
2057
|
627.8
|
0.0
|
1,407.6
|
779.8
|
22,250.9
|
-495.8
|
|
2058
|
636.0
|
0.0
|
1,434.2
|
798.2
|
22,108.4
|
-469.9
|
|
2059
|
644.3
|
0.0
|
1,460.5
|
816.2
|
21,943.2
|
-443.1
|
|
2060
|
652.6
|
0.0
|
1,489.1
|
836.4
|
21,752.7
|
-412.8
|
|
2061
|
661.1
|
0.0
|
1,514.5
|
853.4
|
21,539.2
|
-384.3
|
|
2062
|
669.7
|
0.0
|
1,540.5
|
870.9
|
21,301.5
|
-353.9
|
|
2063
|
678.3
|
0.0
|
1,567.3
|
889.0
|
21,038.4
|
-321.5
|
|
2064
|
687.1
|
0.0
|
1,593.7
|
906.6
|
20,749.5
|
-288.1
|
|
2065
|
696.0
|
0.0
|
1,620.0
|
923.9
|
20,434.2
|
-253.4
|
|
2066
|
705.0
|
0.0
|
1,647.1
|
942.0
|
20,091.2
|
-216.5
|
|
2067
|
714.2
|
0.0
|
1,674.9
|
960.7
|
19,718.9
|
-177.4
|
|
2068
|
723.6
|
0.0
|
1,703.5
|
979.9
|
19,316.1
|
-136.1
|
|
2069
|
733.1
|
0.0
|
1,731.8
|
998.7
|
18,881.9
|
-93.3
|
|
2070
|
742.7
|
0.0
|
1,759.8
|
1,017.1
|
18,416.2
|
-49.2
|
|
2071
|
752.4
|
0.0
|
1,788.2
|
1,035.8
|
17,917.4
|
-2.9
|
|
2072
|
762.2
|
0.0
|
1,817.0
|
1,054.7
|
17,384.5
|
45.5
|
|
2073
|
772.1
|
0.0
|
1,846.1
|
1,074.0
|
16,816.0
|
96.3
|
|
2074
|
782.1
|
0.0
|
1,875.7
|
1,093.6
|
16,210.6
|
149.4
|
|
2075
|
792.2
|
0.0
|
1,905.8
|
1,113.6
|
15,566.8
|
205.1
|
|
2076
|
802.5
|
0.0
|
1,936.4
|
1,133.9
|
14,882.9
|
263.4
|
|
2077
|
812.8
|
0.0
|
1,967.5
|
1,154.7
|
14,157.5
|
324.5
|
|
2078
|
823.3
|
0.0
|
1,999.2
|
1,175.9
|
13,388.9
|
388.4
|
|
2079
|
833.9
|
0.0
|
2,031.4
|
1,197.5
|
12,575.2
|
455.2
|
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