Table 2-67P (Assumed % Electing PRA = 66.7%) -- a
Additional Aggregate Values to Trust Fund and Personal Account
2.5% of OASDI Taxable Earnings up to $1,000 in 2004, With 1% Add On;
Benefit Offset @ Real Yield Rate = 2.5%;
Apply 3.9% Payroll Tax to Earnings in Excess of Maximum, Starting in 2004
Year
With Ultimate Real Trust Fund Interest Rate of: 3.0
Ultimate Average Real Shadow IA Rate of: 2.5
Average Shadow Annuity Net Real Yield Rate of: 2.5
IA/Annuity - Operations including 1% Add On IA
Ultimate Average Real IA Rate of: 4.6
Average IA/Annuity Net Real Yield Rate of: 3.0
Present Law
Trust Fund
(End of Year)*
Proposal
Trust Fund
(End of Year)
Net
Shadow
Accrual 1/
IA/Annuity
Assets
(End of Year)
IA
Contributions
in Year
IA
Disbursements
in Year
(Billions of Present Value Dollars 1/1/2001)
2001
1,139
1,139
 
 
 
 
2002
1,230
1,230
0
0
0.0
0.0
2003
1,320
1,320
0
0
0.0
0.0
2004
1,407
1,387
44
67
67.1
0.0
2005
1,491
1,453
89
136
67.4
0.0
2006
1,570
1,513
133
206
67.7
0.0
2007
1,644
1,569
177
277
67.5
0.0
2008
1,711
1,617
221
349
67.3
0.0
2009
1,771
1,656
264
421
67.1
0.4
2010
1,824
1,687
306
493
66.9
0.8
2011
1,867
1,711
348
566
66.8
1.3
2012
1,901
1,726
389
638
66.6
1.9
2013
1,925
1,732
429
711
66.3
2.5
2014
1,937
1,728
468
783
65.6
3.2
2015
1,938
1,715
506
854
64.8
4.0
2016
1,928
1,692
543
925
64.0
4.9
2017
1,906
1,661
578
995
63.2
5.8
2018
1,873
1,621
612
1,064
62.4
6.8
2019
1,829
1,572
645
1,131
61.6
7.8
2020
1,775
1,516
676
1,198
60.8
9.0
2021
1,712
1,452
706
1,263
59.9
10.2
2022
1,641
1,383
735
1,327
59.0
11.4
2023
1,562
1,310
762
1,389
58.1
12.8
2024
1,476
1,232
788
1,449
57.3
14.2
2025
1,384
1,150
812
1,508
56.4
15.6
2026
1,287
1,066
834
1,565
55.5
17.1
2027
1,186
980
856
1,620
54.6
18.7
2028
1,080
893
876
1,673
53.7
20.3
2029
972
841
894
1,723
52.8
22.0
2030
861
788
911
1,772
51.9
23.7
2031
749
737
926
1,818
51.0
25.5
2032
636
686
940
1,862
50.2
27.3
2033
523
637
953
1,904
49.4
29.2
2034
410
590
964
1,943
48.6
31.1
2035
298
545
974
1,979
47.8
33.0
2036
188
504
982
2,013
47.1
35.0
2037
79
466
989
2,045
46.3
37.0
2038
-27
431
995
2,074
45.6
39.0
2039
-131
400
1,000
2,100
44.8
41.0
2040
-233
372
1,003
2,123
44.1
43.1
2041
-333
348
1,005
2,144
43.4
45.1
2042
-430
327
1,006
2,161
42.7
47.2
2043
-526
309
1,006
2,176
42.0
49.4
2044
-620
293
1,004
2,187
41.3
51.5
2045
-713
281
1,002
2,196
40.6
53.5
2046
-804
271
998
2,202
39.9
55.5
2047
-893
263
994
2,205
39.2
57.8
2048
-982
258
988
2,204
38.5
59.9
2049
-1,069
255
981
2,201
37.8
61.7
2050
-1,156
254
974
2,195
37.2
63.2
2051
-1,242
254
966
2,187
36.5
64.5
2052
-1,327
255
957
2,177
35.9
65.7
2053
-1,412
258
948
2,165
35.3
66.9
2054
-1,496
261
938
2,151
34.7
67.9
2055
-1,580
266
928
2,135
34.0
68.7
2056
-1,664
271
917
2,117
33.4
69.5
2057
-1,747
276
906
2,098
32.9
70.2
2058
-1,830
283
895
2,077
32.3
70.7
2059
-1,912
290
883
2,055
31.7
71.1
2060
-1,994
297
871
2,032
31.2
71.5
2061
-2,076
305
859
2,008
30.6
71.7
2062
-2,157
314
847
1,983
30.1
71.8
2063
-2,238
323
834
1,958
29.5
71.8
2064
-2,318
332
822
1,933
29.0
71.7
2065
-2,397
342
809
1,907
28.5
71.5
2066
-2,476
351
797
1,881
28.0
71.3
2067
-2,554
361
784
1,854
27.5
70.9
2068
-2,632
364
771
1,826
27.0
70.5
2069
-2,709
357
759
1,798
26.6
70.0
2070
-2,785
350
746
1,770
26.1
69.4
2071
-2,861
344
734
1,742
25.6
68.8
2072
-2,936
339
721
1,714
25.2
68.1
2073
-3,010
334
709
1,686
24.7
67.3
2074
-3,084
330
697
1,658
24.3
66.5
2075
-3,157
326
685
1,630
23.8
65.7
2076
-3,230
322
673
1,602
23.4
64.9

IA invested 50%Equity, 30% Corporate Bonds, 20%Treasury Bonds; 0.3% Administrative Expense.
1/ Shadow account accruals for future benefit offsets.
*Negative values represent unfunded obligation through the year.
Office of the Actuary
Social Security Administration
October 29, 2002

 

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