| CalendarYear | Proposal General Fund Transfers | Total OASDITrust FundAssetsat End of Year(5) | ExpectedIndividualAccountAssets1at End of Year(6) | GDP(7) | Theoretical Social Security 2with Borrowing AuthorityNet OASDI Trust Fund Assets at End of Year |
|--------------|---------------------------------|----------------------------------------------|---------------------------------------------------|--------|-------------------------------------------------------------------------------------------------|
||
||
||
| 2004         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 1,684                                                                                           | 0 | 11,544 | 1,684 | 1,684 |
| 2005         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 1,840                                                                                           | 0 | 11,911 | 1,840 | 1,840 |
| 2006         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 1,925                                                                                           | 73 | 12,246 | 1,998 | 1,998 |
| 2007         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,000                                                                                           | 158 | 12,562 | 2,156 | 2,156 |
| 2008         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,068                                                                                           | 252 | 12,870 | 2,315 | 2,315 |
| 2009         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,127                                                                                           | 355 | 13,171 | 2,473 | 2,473 |
| 2010         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,179                                                                                           | 467 | 13,466 | 2,631 | 2,631 |
| 2011         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,224                                                                                           | 589 | 13,752 | 2,790 | 2,790 |
| 2012         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,256                                                                                           | 722 | 14,024 | 2,944 | 2,944 |
| 2013         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,270                                                                                           | 866 | 14,285 | 3,091 | 3,091 |
| 2014         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,268                                                                                           | 1,022 | 14,547 | 3,230 | 3,230 |
| 2015         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,247                                                                                           | 1,190 | 14,804 | 3,360 | 3,360 |
| 2016         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,203                                                                                           | 1,372 | 15,061 | 3,478 | 3,478 |
| 2017         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,136                                                                                           | 1,568 | 15,322 | 3,584 | 3,584 |
| 2018         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 2,045                                                                                           | 1,778 | 15,586 | 3,675 | 3,675 |
| 2019         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 1,925                                                                                           | 2,003 | 15,842 | 3,750 | 3,750 |
| 2020         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 1,775                                                                                           | 2,244 | 16,100 | 3,805 | 3,805 |
| 2021         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 1,595                                                                                           | 2,500 | 16,354 | 3,841 | 3,841 |
| 2022         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 1,385                                                                                           | 2,770 | 16,610 | 3,857 | 3,857 |
| 2023         | 0.0                             | 0.0                                          | 0.0                                               | 0      | 1,150                                                                                           | 3,052 | 16,861 | 3,851 | 3,851 |
| 2024         | 63.6                            | 1.8                                          | 117.0                                             | 117    | 1,021                                                                                           | 3,347 | 17,117 | 3,823 | 3,940 |
| 2025         | 153.0                           | 4.4                                          | 289.8                                             | 410    | 1,046                                                                                           | 3,654 | 17,372 | 3,773 | 4,183 |
| 2026         | 154.0                           | 4.5                                          | 300.4                                             | 723    | 1,068                                                                                           | 3,972 | 17,634 | 3,700 | 4,423 |
| 2027         | 154.9                           | 4.6                                          | 311.2                                             | 1,056  | 1,087                                                                                           | 4,303 | 17,903 | 3,604 | 4,660 |
| 2028         | 152.4                           | 4.6                                          | 315.4                                             | 1,403  | 1,099                                                                                           | 4,645 | 18,174 | 3,486 | 4,889 |
| 2029         | 150.0                           | 4.6                                          | 319.6                                             | 1,765  | 1,114                                                                                           | 4,998 | 18,451 | 3,346 | 5,110 |
| 2030         | 154.0                           | 4.8                                          | 338.1                                             | 2,156  | 1,140                                                                                           | 5,362 | 18,733 | 3,184 | 5,340 |
| 2031         | 151.5                           | 4.8                                          | 342.7                                             | 2,563  | 1,161                                                                                           | 5,738 | 19,022 | 3,000 | 5,563 |
| 2032         | 149.1                           | 4.8                                          | 347.4                                             | 2,987  | 1,179                                                                                           | 6,124 | 19,319 | 2,796 | 5,783 |
| 2033         | 146.8                           | 4.8                                          | 352.1                                             | 3,429  | 1,195                                                                                           | 6,521 | 19,622 | 2,570 | 5,999 |
| 2034         | 141.5                           | 4.7                                          | 349.5                                             | 3,881  | 1,205                                                                                           | 6,929 | 19,929 | 2,325 | 6,207 |
| 2035         | 139.2                           | 4.7                                          | 354.4                                             | 4,352  | 1,218                                                                                           | 7,347 | 20,243 | 2,062 | 6,414 |
| 2036         | 134.2                           | 4.6                                          | 351.7                                             | 4,834  | 1,228                                                                                           | 7,774 | 20,564 | 1,780 | 6,614 |
| 2037         | 126.4                           | 4.4                                          | 341.2                                             | 5,321  | 1,230                                                                                           | 8,211 | 20,892 | 1,481 | 6,802 |
| 2038         | 124.4                           | 4.4                                          | 346.0                                             | 5,826  | 1,241                                                                                           | 8,657 | 21,226 | 1,165 | 6,991 |
| 2039         | 116.9                           | 4.2                                          | 334.9                                             | 6,336  | 1,246                                                                                           | 9,112 | 21,562 | 833 | 7,169 |
| 2040         | 112.4                           | 4.1                                          | 331.5                                             | 6,858  | 1,254                                                                                           | 9,575 | 21,904 | 485 | 7,343 |
| 2041         | 105.2                           | 3.9                                          | 319.8                                             | 7,383  | 1,258                                                                                           | 10,046 | 22,252 | 120 | 7,503 |
| 2042         | 98.3                            | 3.7                                          | 307.7                                             | 7,912  | 1,259                                                                                           | 10,524 | 22,605 | -262 | 7,650 |
| 2043         | 94.1                            | 3.6                                          | 303.5                                             | 8,453  | 1,264                                                                                           | 11,010 | 22,961 | -662 | 7,791 |
| 2044         | 87.5                            | 3.4                                          | 290.7                                             | 8,997  | 1,266                                                                                           | 11,502 | 23,322 | -1,080 | 7,918 |
| 2045         | 81.1                            | 3.2                                          | 277.3                                             | 9,545  | 1,264                                                                                           | 12,000 | 23,687 | -1,516 | 8,028 |
| 2046         | 77.3                            | 3.1                                          | 272.4                                             | 10,103 | 1,270                                                                                           | 12,503 | 24,055 | -1,972 | 8,131 |
| 2047         | 71.2                            | 2.9                                          | 258.3                                             | 10,665 | 1,272                                                                                           | 13,011 | 24,426 | -2,449 | 8,216 |
| 2048         | 65.2                            | 2.7                                          | 243.7                                             | 11,228 | 1,271                                                                                           | 13,524 | 24,799 | -2,946 | 8,282 |
| 2049         | 61.8                            | 2.6                                          | 237.8                                             | 11,803 | 1,275                                                                                           | 14,041 | 25,174 | -3,465 | 8,338 |
| 2050         | 56.1                            | 2.4                                          | 222.4                                             | 12,379 | 1,276                                                                                           | 14,559 | 25,552 | -4,008 | 8,371 |
| 2051         | 52.9                            | 2.3                                          | 215.9                                             | 12,967 | 1,281                                                                                           | 15,078 | 25,936 | -4,577 | 8,390 |
| 2052         | 47.5                            | 2.1                                          | 199.7                                             | 13,555 | 1,281                                                                                           | 15,598 | 26,324 | -5,172 | 8,384 |
| 2053         | 44.5                            | 2.0                                          | 192.7                                             | 14,155 | 1,285                                                                                           | 16,117 | 26,721 | -5,795 | 8,360 |
| 2054         | 39.4                            | 1.8                                          | 175.8                                             | 14,755 | 1,282                                                                                           | 16,635 | 27,123 | -6,447 | 8,308 |
| 2055         | 36.6                            | 1.7                                          | 168.2                                             | 15,366 | 1,283                                                                                           | 17,150 | 27,528 | -7,130 | 8,236 |
| 2056         | 33.9                            | 1.6                                          | 160.3                                             | 15,987 | 1,286                                                                                           | 17,660 | 27,939 | -7,845 | 8,142 |
| 2057         | 31.2                            | 1.5                                          | 152.3                                             | 16,619 | 1,293                                                                                           | 18,163 | 28,354 | -8,594 | 8,025 |
| 2058         | 26.6                            | 1.3                                          | 133.7                                             | 17,252 | 1,294                                                                                           | 18,658 | 28,775 | -9,378 | 7,874 |
| 2059         | 24.2                            | 1.2                                          | 125.0                                             | 17,894 | 1,299                                                                                           | 19,142 | 29,204 | -10,196 | 7,698 |
| 2060         | 19.8                            | 1.0                                          | 105.5                                             | 18,536 | 1,298                                                                                           | 19,613 | 29,639 | -11,052 | 7,485 |
| 2061         | 17.5                            | 0.9                                          | 96.2                                              | 19,189 | 1,303                                                                                           | 20,068 | 30,078 | -11,946 | 7,243 |
| 2062         | 13.4                            | 0.7                                          | 75.8                                              | 19,840 | 1,302                                                                                           | 20,505 | 30,526 | -12,880 | 6,960 |
| 2063         | 13.2                            | 0.7                                          | 76.8                                              | 20,512 | 1,316                                                                                           | 20,923 | 30,978 | -13,857 | 6,655 |
| 2064         | 11.1                            | 0.6                                          | 66.6                                              | 21,194 | 1,326                                                                                           | 21,342 | 31,438 | -14,876 | 6,318 |
| 2065         | 9.1                             | 0.5                                          | 56.3                                              | 21,886 | 1,331                                                                                           | 21,761 | 31,906 | -15,940 | 5,946 |
| 2066         | 9.0                             | 0.5                                          | 57.0                                              | 22,600 | 1,342                                                                                           | 22,200 | 32,379 | -17,050 | 5,550 |
| 2067         | 8.8                             | 0.5                                          | 57.7                                              | 23,335 | 1,359                                                                                           | 22,641 | 32,861 | -18,208 | 5,128 |
| 2068         | 6.9                             | 0.4                                          | 46.8                                              | 24,082 | 1,370                                                                                           | 23,085 | 33,359 | -19,414 | 4,669 |
| 2069         | 6.8                             | 0.4                                          | 47.4                                              | 24,852 | 1,387                                                                                           | 23,533 | 33,859 | -20,670 | 4,182 |
| 2070         | 5.0                             | 0.3                                          | 36.0                                              | 25,634 | 1,397                                                                                           | 23,986 | 34,366 | -21,978 | 3,656 |
| 2071         | 4.1                             | 0.3                                          | 30.4                                              | 26,433 | 1,407                                                                                           | 24,445 | 34,882 | -23,340 | 3,094 |
| 2072         | 3.2                             | 0.2                                          | 24.6                                              | 27,251 | 1,416                                                                                           | 24,909 | 35,404 | -24,756 | 2,495 |
| 2073         | 3.2                             | 0.2                                          | 25.0                                              | 28,093 | 1,429                                                                                           | 25,381 | 35,931 | -26,230 | 1,864 |
| 2074         | 3.1                             | 0.2                                          | 25.3                                              | 28,961 | 1,448                                                                                           | 25,861 | 36,464 | -27,762 | 1,199 |
| 2075         | 1.5                             | 0.1                                          | 12.8                                              | 29,843 | 1,458                                                                                           | 26,350 | 37,006 | -29,356 | 487 |
| 2076         | 1.5                             | 0.1                                          | 13.0                                              | 30,751 | 1,473                                                                                           | 26,848 | 37,555 | -31,014 | -262 |
| 2077         | 1.5                             | 0.1                                          | 13.1                                              | 31,687 | 1,492                                                                                           | 27,357 | 38,112 | -32,736 | -1,049 |
| 2078         | 0.0                             | 0.0                                          | 0.0                                               | 32,638 | 1,502                                                                                           | 27,877 | 38,677 | -34,527 | -1,889 |
| 2079         | 0.0                             | 0.0                                          | 0.0                                               | 33,617 | 1,516                                                                                           | 28,409 | 39,245 | -36,387 | -2,770 |
| Total        | 3,597.7                         |                                         |                                              |   |                                                                                            |   |   |   |   |
| 1Including annuity assets, assuming all annuitize fully.

2Theoretical Social Security is the current Social Security program with the assumption that the law is modified to permit borrowing from the General Fund of the Treasury. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Based on Intermediate Assumptions of the 2004 Trustees Report 

Office of the ActuarySocial Security AdministrationMarch 9, 2005

Return to memorandumReturn to list of memos