Table 3 -- Social Security Guarantee Plus (SSGP) Plan of 2001 -- Sensitivity Analysis: 1% Higher IA Yield
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: 6.05 With Annuity Net Yield Rate of: 6.05
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
11.06
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
11.55
12.82
1.26
396
12.40
2.47
2011
11.74
12.82
1.08
404
12.40
2.47
2012
11.98
12.83
0.85
410
12.40
2.47
2013
12.25
12.84
0.59
414
12.40
2.47
2014
12.53
12.85
0.32
415
12.40
2.47
2015
12.82
12.86
0.04
414
12.40
2.47
2016
13.12
12.87
-0.25
411
12.40
2.47
2017
13.43
12.89
-0.54
407
12.40
2.47
2018
13.73
12.90
-0.83
400
12.40
2.47
2019
14.02
12.91
-1.11
392
12.40
2.47
2020
14.31
12.92
-1.39
383
12.40
2.47
2021
14.56
12.94
-1.62
374
12.40
2.47
2022
14.78
12.96
-1.82
364
12.40
2.47
2023
14.99
12.98
-2.01
353
12.40
2.47
2024
15.16
13.00
-2.16
342
12.40
2.47
2025
15.31
13.02
-2.30
330
12.40
2.47
2026
15.43
13.03
-2.40
319
12.40
2.47
2027
15.52
13.05
-2.47
307
12.40
2.47
2028
15.58
13.07
-2.51
295
12.40
2.47
2029
15.59
13.08
-2.51
284
12.40
2.47
2030
15.57
13.09
-2.48
273
12.40
2.47
2031
15.52
13.11
-2.41
263
12.40
2.47
2032
15.44
13.12
-2.32
253
12.40
2.47
2033
15.33
13.13
-2.20
244
12.40
2.47
2034
15.17
13.14
-2.03
236
12.40
2.47
2035
14.98
13.15
-1.83
229
12.40
2.47
2036
14.76
13.16
-1.60
224
12.40
2.47
2037
14.51
13.16
-1.35
221
12.40
2.47
2038
14.24
13.17
-1.07
219
12.40
2.47
2039
13.94
13.18
-0.77
220
12.40
2.47
2040
13.63
13.18
-0.45
223
12.40
2.47
2041
13.31
13.19
-0.12
228
12.40
2.47
2042
12.99
13.20
0.21
237
12.40
2.47
2043
12.67
13.20
0.54
249
12.40
2.47
2044
12.35
13.21
0.86
264
12.40
2.47
2045
12.05
13.22
1.17
282
12.40
2.47
2046
11.75
13.24
1.48
304
12.40
2.47
2047
11.47
13.25
1.78
329
12.40
2.47
2048
11.20
13.26
2.07
359
12.40
2.47
2049
10.93
13.28
2.35
393
12.40
2.47
2050
10.67
13.30
2.62
431
12.40
2.47
2051
10.44
13.31
2.88
473
12.40
2.47
2052
10.22
13.33
3.12
520
12.40
2.47
2053
10.00
13.36
3.35
571
12.40
2.47
2054
9.80
13.38
3.58
627
12.40
2.47
2055
9.61
13.41
3.80
688
12.40
2.47
2056
9.43
13.43
4.01
753
12.40
2.47
2057
9.26
13.46
4.20
823
12.40
2.47
2058
9.10
13.49
4.40
898
12.40
2.47
2059
8.95
13.53
4.58
979
12.40
2.47
2060
8.80
13.56
4.76
1,063
12.40
2.47
2061
8.67
13.60
4.93
1,153
12.40
2.47
2062
8.55
13.64
5.09
1,247
12.40
2.47
2063
8.42
13.68
5.26
1,349
12.40
2.47
2064
8.29
13.72
5.42
1,456
12.40
2.47
2065
8.19
13.76
5.58
1,568
12.40
2.47
2066
8.09
13.80
5.71
1,683
12.40
2.47
2067
8.00
13.84
5.84
1,802
12.40
2.47
2068
7.93
13.88
5.95
1,924
12.40
2.47
2069
7.87
13.93
6.06
2,048
12.40
2.47
2070
7.82
13.97
6.14
2,174
12.40
2.47
2071
7.79
14.01
6.22
2,301
12.40
2.47
2072
7.77
14.04
6.28
2,429
12.40
2.47
2073
7.75
14.08
6.32
2,556
12.40
2.47
2074
7.75
14.11
6.36
2,683
12.40
2.47
2075
7.76
14.14
6.38
2,809
12.40
2.47
2076
7.78
14.16
6.38
2,935
12.40
2.47
Summarized
Cost Rate OASDI
Income Rate OASDI
Actuarial Balance OASDI
Change in Actuarial Balance
2001 - 2075
12.20
13.67
1.47
3.34
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