OASDI Financial Effects of the "Social Security Guarantee Plus Plan"

Table 1e -- Comparison of Total Expected Plan Payments under Present Law and DeMint Proposal
Calendar Year	Scheduled* Total Old-Age, Survivors, and Disability Insurance (OASDI) Benefits under Present Law	Present Law OASDI Benefits Expected to be Payable**	Expected Benefits Payable under DeMint Proposal***		Expected Payments as Percent of Scheduled Present Law OASDI Benefits
			Expected Benefits Payable under DeMint Proposal***		Present Law OASDI Benefits Expected to be Payable**	Expected Benefits Payable under DeMint Proposal***
			From OASDI Trust Funds	Total including IA annuity	Present Law OASDI Benefits Expected to be Payable**	From OASDI Trust Funds	Total including IA annuity
	Billions of Constant 2001 Dollars				Percent
2001	433	433	433	433	100	100	100
2002	440	440	440	440	100	100	100
2003	450	450	450	450	100	100	100
2004	460	460	460	460	100	100	100
2005	472	472	472	472	100	100	100
2006	484	484	484	484	100	100	100
2007	498	498	498	498	100	100	100
2008	513	513	513	513	100	100	100
2009	531	531	531	531	100	100	100
2010	550	550	547	550	100	100	100
2011	570	570	566	571	100	99	100
2012	593	593	586	594	100	99	100
2013	618	618	607	618	100	98	100
2014	643	643	629	644	100	98	100
2015	670	670	652	671	100	97	100
2016	699	699	676	700	100	97	100
2017	728	728	699	729	100	96	100
2018	758	758	723	759	100	95	100
2019	789	789	747	790	100	95	100
2020	820	820	771	822	100	94	100
2021	850	850	792	852	100	93	100
2022	879	879	813	882	100	92	100
2023	909	909	832	912	100	92	100
2024	938	938	850	942	100	91	100
2025	966	966	867	971	100	90	100
2026	994	994	882	1,000	100	89	101
2027	1,022	1,022	895	1,029	100	88	101
2028	1,049	1,049	907	1,056	100	87	101
2029	1,074	1,074	916	1,083	100	85	101
2030	1,098	1,098	923	1,109	100	84	101
2031	1,122	1,122	929	1,135	100	83	101
2032	1,146	1,146	932	1,160	100	81	101
2033	1,168	1,168	935	1,185	100	80	102
2034	1,188	1,188	934	1,210	100	79	102
2035	1,206	1,206	931	1,233	100	77	102
2036	1,224	1,224	926	1,256	100	76	103
2037	1,241	1,241	919	1,278	100	74	103
2038	1,257	1,169	910	1,301	93	72	103
2039	1,273	927	899	1,324	73	71	104
2040	1,288	939	886	1,347	73	69	105
2041	1,304	952	873	1,371	73	67	105
2042	1,320	965	858	1,397	73	65	106
2043	1,337	977	845	1,425	73	63	107
2044	1,354	989	832	1,455	73	61	108
2045	1,371	1,004	819	1,487	73	60	108
2046	1,389	1,017	805	1,521	73	58	109
2047	1,408	1,028	788	1,558	73	56	111
2048	1,427	1,043	771	1,596	73	54	112
2049	1,447	1,055	757	1,636	73	52	113
2050	1,468	1,068	743	1,679	73	51	114
2051	1,489	1,081	738	1,722	73	50	116
2052	1,512	1,095	734	1,767	72	49	117
2053	1,536	1,108	728	1,810	72	47	118
2054	1,561	1,122	723	1,854	72	46	119
2055	1,586	1,135	719	1,900	72	45	120
2056	1,611	1,150	716	1,947	71	44	121
2057	1,637	1,164	714	1,994	71	44	122
2058	1,664	1,178	714	2,043	71	43	123
2059	1,690	1,192	715	2,093	71	42	124
2060	1,717	1,207	717	2,144	70	42	125
2061	1,744	1,221	720	2,195	70	41	126
2062	1,772	1,237	724	2,247	70	41	127
2063	1,799	1,252	723	2,293	70	40	127
2064	1,827	1,266	723	2,339	69	40	128
2065	1,855	1,282	724	2,385	69	39	129
2066	1,884	1,298	726	2,431	69	39	129
2067	1,912	1,314	729	2,478	69	38	130
2068	1,941	1,328	733	2,525	68	38	130
2069	1,970	1,346	739	2,572	68	37	131
2070	2,000	1,362	745	2,619	68	37	131
2071	2,030	1,378	753	2,666	68	37	131
2072	2,060	1,392	762	2,713	68	37	132
2073	2,090	1,411	772	2,761	68	37	132
2074	2,121	1,428	783	2,809	67	37	132
2075	2,153	1,442	796	2,858	67	37	133
2076	2,184	1,459	809	2,907	67	37	133
* Based on benefit formulas in the law, without regard to adequacy of financing. Assuming that benefits would be reduced as needed starting in 2038. * Amount from trust funds is net of benefit offset under the proposal.						Office of the Actuary Social Security Administration December 16, 2001