Skip to content
Social Security Online
Actuarial Publications
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables

Description of Proposed Provision:
Progressive price indexing of PIA formula factors beginning with individuals newly eligible for OASDI benefits in 2017. Create new bend point at the 40th percentile of earners. Maintain current-law benefits for earners at the 40th percentile and below and reduce upper 2 formula factors (32% and 15%) such that maximum worker benefit grows by inflation rather than the growth in average wages.

 

Financial Estimates for the OASDI Trust Fund Program

 
  Proposal
  Change from Present Law
  Expressed as a percentage of
present-law taxable payroll

Trust fund
ratio as of
January 1
Expressed as a percentage of
present-law taxable payroll
Calendar
year
Cost
rate
Income
rate
Annual
balance

Cost
rate
Income
rate
Annual
balance
201013.0912.33-0.76
355
0.000.000.00
201113.0412.91-0.12
353
0.000.000.00
201212.8412.870.03
350
0.000.000.00
201312.8212.900.08
346
0.000.000.00
201412.8612.920.06
341
0.000.000.00
201512.9812.94-0.04
335
0.000.000.00
201613.1012.96-0.14
330
0.000.000.00
201713.3012.99-0.31
324
0.000.000.00
201813.5313.01-0.52
317
-0.020.000.02
201913.8013.03-0.78
310
-0.030.000.03
202014.1013.05-1.05
301
-0.050.000.05
202114.3813.06-1.32
291
-0.080.000.07
202214.6413.08-1.56
280
-0.10-0.010.10
202314.8913.09-1.80
269
-0.14-0.010.13
202415.1213.11-2.01
256
-0.17-0.010.16
202515.3313.12-2.20
243
-0.21-0.010.20
202615.5113.13-2.37
230
-0.25-0.010.24
202715.6613.14-2.52
216
-0.30-0.010.28
202815.7913.15-2.64
201
-0.34-0.020.32
202915.9013.16-2.73
186
-0.39-0.020.37
203015.9713.17-2.80
171
-0.44-0.020.42
203116.0213.18-2.84
155
-0.49-0.020.46
203216.0513.18-2.87
139
-0.54-0.030.51
203316.0613.18-2.88
123
-0.59-0.030.56
203416.0513.19-2.87
107
-0.65-0.030.62
203516.0213.19-2.84
91
-0.70-0.040.67
203615.9813.19-2.79
75
-0.76-0.040.72
203715.9213.19-2.73
59
-0.82-0.040.78
203815.8413.18-2.65
43
-0.88-0.050.83
203915.7513.18-2.57
28
-0.93-0.050.89
204015.6513.18-2.47
12
-0.99-0.050.94
204115.5513.17-2.37
----
-1.05-0.061.00
204215.4413.17-2.27
----
-1.11-0.061.05
204315.3413.16-2.17
----
-1.17-0.061.11
204415.2413.16-2.08
----
-1.23-0.071.17
204515.1513.16-1.99
----
-1.30-0.071.23
204615.0613.15-1.91
----
-1.36-0.071.29
204714.9713.15-1.82
----
-1.42-0.081.35
204814.8913.15-1.74
----
-1.49-0.081.41
204914.8113.14-1.66
----
-1.55-0.081.46
205014.7313.14-1.59
----
-1.61-0.091.52
205114.6513.14-1.52
----
-1.67-0.091.58
205214.5913.13-1.46
----
-1.73-0.091.64
205314.5413.13-1.41
----
-1.79-0.101.70
205414.4913.13-1.36
----
-1.86-0.101.76
205514.4513.13-1.32
----
-1.92-0.101.82
205614.4113.13-1.28
----
-1.98-0.111.88
205714.3713.13-1.24
----
-2.05-0.111.94
205814.3313.12-1.21
----
-2.11-0.111.99
205914.2913.12-1.17
----
-2.17-0.122.05
206014.2513.12-1.13
----
-2.23-0.122.11
206114.2213.12-1.10
----
-2.29-0.122.17
206214.1813.12-1.06
----
-2.35-0.132.22
206314.1513.12-1.03
----
-2.41-0.132.28
206414.1213.12-1.00
----
-2.47-0.132.33
206514.0913.12-0.97
----
-2.53-0.142.39
206614.0713.12-0.95
----
-2.58-0.142.44
206714.0413.11-0.93
----
-2.64-0.142.50
206814.0213.11-0.91
----
-2.70-0.152.55
206914.0113.11-0.89
----
-2.76-0.152.61
207013.9913.11-0.88
----
-2.82-0.152.66
207113.9713.11-0.86
----
-2.88-0.162.72
207213.9613.11-0.85
----
-2.93-0.162.77
207313.9413.11-0.83
----
-2.99-0.162.83
207413.9313.11-0.82
----
-3.05-0.172.88
207513.9213.11-0.81
----
-3.11-0.172.94
207613.9013.11-0.79
----
-3.17-0.172.99
207713.8913.11-0.78
----
-3.23-0.183.05
207813.8813.11-0.77
----
-3.28-0.183.10
207913.8713.11-0.76
----
-3.34-0.183.15
208013.8613.11-0.75
----
-3.39-0.193.21
208113.8513.11-0.74
----
-3.45-0.193.26
208213.8413.11-0.73
----
-3.50-0.193.31
208313.8313.11-0.72
----
-3.55-0.203.35
208413.8313.11-0.72
----
-3.60-0.203.40
208513.8313.11-0.72
----
-3.64-0.203.44



 

Summarized Estimates

 
  Proposal
  Change from Present Law
Years Cost
rate
Income
rate
Actuarial
balance

Year of
exhaustion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2010 Trustees Report.
2010-2084 14.67% 13.94% -0.73%
2040
-1.26% -0.07% 1.19%
 
1 Under present law, the year of exhaustion is 2037.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified March 2, 2011