## Trust Fund Ratios —            2023 OASDI Trustees Report

| Single-Year Tables | Historical | Projected |
|--------------------|------------|-----------|

    Table IV.B4.—Trust Fund Ratios, Calendar Years 1975-2100    a[In percent]

           Historical Data Calendar year OASI DI OASDI 1975 63 92 661976 54 71 571977 47 48 471978 39 26 371979 30 30 301980 23 35 251981 18 21 181982 15 17 151983 14 15 141984 20 35 211985 24 27 241986 28 38 291987 30 44 311988 41 38 411989 59 38 571990 78 40 751991 87 39 821992 103 40 961993 117 35 1071994 130 23 1171995 139 55 1281996 149 83 1401997 160 113 1541998 177 133 1711999 201 152 1942000 223 171 2162001 247 193 2392002 272 208 2632003 300 219 2882004 322 218 3052005 340 212 3182006 361 207 3352007 372 206 3452008 392 197 3582009 390 178 3532010 400 159 3572011 402 136 3542012 391 110 3412013 384 86 3322014 374 62 3222015 364 41 3112016 358 22 3052017 347 32 2992018 330 49 2892019 307 66 2732020 292 64 2622021 281 68 2542022 251 68 229

  Intermediate Low-cost High-cost         Calendar year          OASI          DI          OASDI          OASI          DI          OASDI          OASI          DI          OASDI2023 220 77 204 220 78 204 219 77 2042024 199 91 187 200 95 189 196 86 1842025 176 99 168 180 112 173 169 85 1592026 154 107 149 162 132 159 143 83 1362027 133 116 131 146 157 147 118 80 1142028 112 126 114 131 189 137 93 76 912029 91 138 96 117 227 128 67 72 682030 70 151 78 104 271 119 40 67 432031 49 166 60 92 320 112 13 61 182032 28 180 43 80 372 105  b 54  b2033 7 194 25 69 425 100  b 45  b2034  b 206 7 58 477 94  b 35  b2035  b 218  b 48 530 89  b 23  b2036  b 228  b 37 582 84  b 9  b2037  b 238  b 27 635 79  b  b  b2038  b 247  b 17 687 75  b  b  b2039  b 255  b 7 736 70  b  b  b2040  b 260  b  b 781 66  b  b  b2041  b 264  b  b 823 62  b  b  b2042  b 266  b  b 862 58  b  b  b2043  b 267  b  b 901 55  b  b  b2044  b 267  b  b 940 52  b  b  b2045  b 266  b  b 978 49  b  b  b2046  b 264  b  b 1,016 47  b  b  b2047  b 262  b  b 1,056 44  b  b  b2048  b 260  b  b 1,095 42  b  b  b2049  b 257  b  b 1,135 40  b  b  b2050  b 253  b  b 1,174 39  b  b  b2051  b 249  b  b 1,213 37  b  b  b2052  b 244  b  b 1,253 36  b  b  b2053  b 240  b  b 1,293 34  b  b  b2054  b 235  b  b 1,335 33  b  b  b2055  b 230  b  b 1,378 31  b  b  b2056  b 225  b  b 1,424 30  b  b  b2057  b 221  b  b 1,474 28  b  b  b2058  b 218  b  b 1,527 26  b  b  b2059  b 214  b  b 1,581 24  b  b  b2060  b 211  b  b 1,635 22  b  b  b2061  b 208  b  b 1,690 19  b  b  b2062  b 206  b  b 1,744 17  b  b  b2063  b 203  b  b 1,799 14  b  b  b2064  b 200  b  b 1,853 11  b  b  b2065  b 198  b  b 1,908 9  b  b  b2066  b 196  b  b 1,964 6  b  b  b2067  b 193  b  b 2,021 3  b  b  b2068  b 191  b  b 2,078  b  b  b  b2069  b 189  b  b 2,134  b  b  b  b2070  b 187  b  b 2,190  b  b  b  b2071  b 185  b  b 2,249  b  b  b  b2072  b 184  b  b 2,309  b  b  b  b2073  b 182  b  b 2,373  b  b  b  b2074  b 182  b  b 2,440  b  b  b  b2075  b 181  b  b 2,510  b  b  b  b2076  b 182  b  b 2,578  b  b  b  b2077  b 182  b  b 2,642  b  b  b  b2078  b 183  b  b 2,704  b  b  b  b2079  b 183  b  b 2,763  b  b  b  b2080  b 184  b  b 2,822  b  b  b  b2081  b 184  b  b 2,879  b  b  b  b2082  b 185  b  b 2,936  b  b  b  b2083  b 186  b  b 2,990  b  b  b  b2084  b 187  b  b 3,039  b  b  b  b2085  b 187  b  b 3,083  b  b  b  b2086  b 187  b  b 3,122  b  b  b  b2087  b 187  b  b 3,156  b  b  b  b2088  b 186  b  b 3,185  b  b  b  b2089  b 184  b  b 3,212  b  b  b  b2090  b 182  b  b 3,242  b  b  b  b2091  b 179  b  b 3,274  b  b  b  b2092  b 177  b  b 3,309  b  b  b  b2093  b 173  b  b 3,347 4  b  b  b2094  b 170  b  b 3,387 11  b  b  b2095  b 166  b  b 3,430 17  b  b  b2096  b 162  b  b 3,475 23  b  b  b2097  b 159  b  b 3,524 30  b  b  b2098  b 155  b  b 3,574 36  b  b  b2099  b 151  b  b 3,626 41  b  b  b2100  b 146  b  b 3,680 47  b  b  b Trust fund reservespermanentlybecomedepleted in......... 2033  c 2034 2039  c  d 2031 2036 2031 Payable benefits        as percent of        scheduled        benefits:       At the time of            permanent           reserve           depletion........ 77  c 80 89  c  d 70 85 72      For 2097........ 71  c 74 100  c  d 46 67 48aBenefit payments scheduled to be paid on January 3are actually paid on December 31 as required by thestatutory provision for early delivery of benefit payments when the normalpayment delivery date is a Saturday, Sunday, or legal public holiday. Forcomparability with the values for historical years and the projections in thisreport, all trust fund ratios reflect the 12 months of benefits scheduled forpayment each year.bTrust fund reserves would be depleted at the beginning of this year.cTrust fund reserves would not be depleted within the projection period.dTrust fund reserves would be depleted for a temporary period, and return topositive levels before the end of the period.Note: The definition of trust fund ratio appears in the Glossary.The ratios shown for the combined trust funds for years after reservedepletion of either the DI or OASI Trust Fund are hypothetical.Footer menu