Table 2 -- Social Security Guarantee Plus (SSGP) Plan of 2001 -- Individual Account (IA) Contributions from Trust Funds When Possible
IA to Estate at Death Before Entitlement
IA Contribution = 2.468%
SSG Transfer Rate = 95%
With Ultimate Real Trust Fund Interest Rate of: 3.0 With Ultimate Real IA Yield Rate of: 5.05 With Annuity Net Yield Rate of: 5.05
Year
Cost Rate*
Income Rate
Annual Balance
Trust Fund Ratio 1-1-Year
Change in OASDI Contri- bution Rate
Payroll Tax for Trust Funds
SSG Contri- bution from Trust Fund
Total SSG Contribution Rate (Applied to prior years earnings)
2001
10.49
12.72
2.23
239
12.40
0
2002
10.42
12.72
2.30
264
12.40
0
2003
10.63
12.73
2.10
284
12.40
2.47
2004
10.72
12.75
2.03
304
12.40
2.47
2005
10.83
12.76
1.93
323
12.40
2.47
2006
10.93
12.77
1.84
341
12.40
2.47
2007
11.07
12.78
1.71
357
12.40
2.47
2008
11.19
12.79
1.60
373
12.40
2.47
2009
11.36
12.80
1.44
385
12.40
2.47
2010
11.56
12.82
1.26
396
12.40
2.47
2011
11.75
12.82
1.07
404
12.40
2.47
2012
11.99
12.83
0.84
410
12.40
2.47
2013
12.26
12.84
0.58
413
12.40
2.47
2014
12.55
12.85
0.31
414
12.40
2.47
2015
12.85
12.86
0.02
413
12.40
2.47
2016
13.15
12.87
-0.27
410
12.40
2.47
2017
13.46
12.89
-0.57
405
12.40
2.47
2018
13.77
12.90
-0.87
398
12.40
2.47
2019
14.08
12.91
-1.17
390
12.40
2.47
2020
14.37
12.92
-1.45
380
12.40
2.47
2021
14.64
12.94
-1.69
370
12.40
2.47
2022
14.88
12.96
-1.92
359
12.40
2.47
2023
15.10
12.98
-2.12
347
12.40
2.47
2024
15.29
13.00
-2.30
335
12.40
2.47
2025
15.47
13.01
-2.45
322
12.40
2.47
2026
15.61
13.03
-2.58
309
12.40
2.47
2027
15.73
13.05
-2.68
296
12.40
2.47
2028
15.82
13.06
-2.76
282
12.40
2.47
2029
15.87
13.08
-2.79
269
12.40
2.47
2030
15.89
13.09
-2.79
255
12.40
2.47
2031
15.88
13.11
-2.77
242
12.40
2.47
2032
15.85
13.12
-2.73
230
12.40
2.47
2033
15.78
13.13
-2.65
217
12.40
2.47
2034
15.67
13.14
-2.53
205
12.40
2.47
2035
15.53
12.75
-2.78
194
-0.40
12.00
0.40
2.47
2036
15.36
12.75
-2.61
182
0.00
12.00
0.40
2.47
2037
15.18
12.76
-2.42
170
0.00
12.00
0.40
2.47
2038
14.97
12.77
-2.21
159
0.00
12.00
0.40
2.47
2039
14.75
12.77
-1.98
149
0.00
12.00
0.40
2.47
2040
14.51
12.67
-1.83
140
-0.10
11.90
0.50
2.47
2041
14.27
12.68
-1.59
132
0.00
11.90
0.50
2.47
2042
14.03
12.68
-1.34
126
0.00
11.90
0.50
2.47
2043
13.79
12.69
-1.10
120
0.00
11.90
0.50
2.47
2044
13.55
12.69
-0.86
116
0.00
11.90
0.50
2.47
2045
13.33
12.20
-1.13
114
-0.50
11.40
1.00
2.47
2046
13.11
12.20
-0.91
109
0.00
11.40
1.00
2.47
2047
12.91
12.21
-0.69
106
0.00
11.40
1.00
2.47
2048
12.71
12.22
-0.49
104
0.00
11.40
1.00
2.47
2049
12.52
12.22
-0.29
103
0.00
11.40
1.00
2.47
2050
12.34
11.73
-0.60
104
-0.50
10.90
1.50
2.47
2051
12.17
11.74
-0.43
102
0.00
10.90
1.50
2.47
2052
12.02
11.75
-0.28
102
0.00
10.90
1.50
2.47
2053
11.89
11.76
-0.13
102
0.00
10.90
1.50
2.47
2054
11.76
11.77
0.01
104
0.00
10.90
1.50
2.47
2055
11.64
11.07
-0.56
107
-0.70
10.20
2.20
2.47
2056
11.53
11.08
-0.44
105
0.00
10.20
2.20
2.47
2057
11.43
11.09
-0.33
104
0.00
10.20
2.20
2.47
2058
11.33
11.10
-0.23
103
0.00
10.20
2.20
2.47
2059
11.24
11.11
-0.12
104
0.00
10.20
2.20
2.47
2060
11.15
10.85
-0.30
105
-0.27
9.93
2.47
2.47
2061
11.07
10.86
-0.21
105
0.00
9.93
2.47
2.47
2062
11.00
10.87
-0.13
106
0.00
9.93
2.47
2.47
2063
10.93
10.88
-0.05
107
0.00
9.93
2.47
2.47
2064
10.86
10.89
0.02
109
0.00
9.93
2.47
2.47
2065
10.81
10.89
0.08
112
0.00
9.93
2.47
2.47
2066
10.77
10.90
0.14
115
0.00
9.93
2.47
2.47
2067
10.73
10.91
0.18
119
0.00
9.93
2.47
2.47
2068
10.70
10.92
0.22
123
0.00
9.93
2.47
2.47
2069
10.68
10.92
0.25
127
0.00
9.93
2.47
2.47
2070
10.66
10.93
0.27
131
0.00
9.93
2.47
2.47
2071
10.65
10.93
0.28
136
0.00
9.93
2.47
2.47
2072
10.65
10.94
0.29
141
0.00
9.93
2.47
2.47
2073
10.66
10.95
0.29
146
0.00
9.93
2.47
2.47
2074
10.68
10.95
0.28
151
0.00
9.93
2.47
2.47
2075
10.70
10.96
0.26
156
0.00
9.93
2.47
2.47
2076
10.72
10.96
0.24
161
0.00
9.93
2.47
2.47
Summarized
Cost Rate OASDI
Income Rate OASDI
Actuarial Balance OASDI
Change in Actuarial Balance
2001 - 2075
12.97
13.02
0.04
1.91
Based on Intermediate Assumptions of the 2001 Trustees Report. With Ultimate Real Interest Rate of 3.00.
* Net of Benefit Cost Reduction from SSG Transfers.
Office of the Actuary Social Security Administration December 10, 2001