| Year          | Proposal | Theoretical Social Security with PAYGO Transfers |
|---------------|----------|--------------------------------------------------|
||
||
||
| 2004          | 1.4      | 65                                               | 63 | 65 | 1.4 | 65 | 63 | 65 |
| 2005          | 1.9      | 89                                               | 82 | 87 | 1.9 | 89 | 82 | 87 |
| 2006          | 0.5      | 24                                               | 21 | 23 | 1.9 | 97 | 85 | 94 |
| 2007          | 0.4      | 21                                               | 17 | 19 | 2.0 | 105 | 87 | 99 |
| 2008          | 0.3      | 17                                               | 13 | 16 | 2.0 | 109 | 86 | 100 |
| 2009          | 0.1      | 5                                                | 4 | 4 | 1.8 | 105 | 78 | 93 |
| 2010          | -0.1     | -6                                               | -4 | -5 | 1.7 | 103 | 73 | 89 |
| 2011          | -0.3     | -17                                              | -11 | -14 | 1.6 | 101 | 67 | 85 |
| 2012          | -0.5     | -36                                              | -23 | -29 | 1.4 | 91 | 58 | 75 |
| 2013          | -0.8     | -58                                              | -35 | -47 | 1.1 | 79 | 47 | 63 |
| 2014          | -1.1     | -83                                              | -47 | -64 | 0.9 | 65 | 37 | 50 |
| 2015          | -1.5     | -111                                             | -60 | -84 | 0.6 | 48 | 25 | 36 |
| 2016          | -1.8     | -144                                             | -73 | -106 | 0.3 | 27 | 14 | 20 |
| 2017          | -2.2     | -179                                             | -86 | -128 | 0.0 | 4 | 2 | 3 |
| 2018          | -2.5     | -217                                             | -98 | -151 | -0.3 | -22 | -10 | -15 |
| 2019          | -2.9     | -260                                             | -111 | -176 | -0.6 | -51 | -22 | -35 |
| 2020          | -3.3     | -306                                             | -123 | -201 | -0.9 | -84 | -34 | -55 |
| 2021          | -3.6     | -354                                             | -135 | -227 | -1.2 | -119 | -45 | -76 |
| 2022          | -4.0     | -402                                             | -144 | -250 | -1.5 | -155 | -56 | -97 |
| 2023          | -4.2     | -442                                             | -150 | -268 | -1.8 | -195 | -66 | -118 |
| 2024          | -4.3     | -468                                             | -150 | -276 | -2.1 | -236 | -76 | -139 |
| 2025          | -4.5     | -513                                             | -156 | -295 | -2.4 | -279 | -85 | -160 |
| 2026          | -4.6     | -555                                             | -159 | -310 | -2.7 | -324 | -93 | -181 |
| 2027          | -4.8     | -596                                             | -161 | -324 | -3.0 | -370 | -100 | -201 |
| 2028          | -4.9     | -635                                             | -162 | -335 | -3.2 | -416 | -106 | -220 |
| 2029          | -4.8     | -656                                             | -158 | -337 | -3.4 | -463 | -112 | -238 |
| 2030          | -4.9     | -691                                             | -157 | -346 | -3.6 | -510 | -116 | -255 |
| 2031          | -5.0     | -731                                             | -157 | -356 | -3.8 | -558 | -120 | -271 |
| 2032          | -5.0     | -771                                             | -157 | -365 | -4.0 | -606 | -123 | -287 |
| 2033          | -5.1     | -806                                             | -155 | -371 | -4.1 | -653 | -125 | -300 |
| 2034          | -5.0     | -838                                             | -152 | -375 | -4.2 | -699 | -127 | -313 |
| 2035          | -5.0     | -868                                             | -148 | -378 | -4.3 | -744 | -127 | -324 |
| 2036          | -4.9     | -892                                             | -144 | -378 | -4.4 | -788 | -127 | -334 |
| 2037          | -4.8     | -913                                             | -139 | -376 | -4.4 | -831 | -127 | -343 |
| 2038          | -4.7     | -929                                             | -134 | -372 | -4.5 | -873 | -126 | -350 |
| 2039          | -4.6     | -942                                             | -128 | -367 | -4.5 | -915 | -124 | -357 |
| 2040          | -4.5     | -952                                             | -122 | -361 | -4.5 | -956 | -123 | -363 |
| 2041          | -4.3     | -959                                             | -116 | -354 | -4.5 | -1,000 | -121 | -369 |
| 2042          | -4.2     | -964                                             | -111 | -346 | -4.5 | -1,045 | -120 | -375 |
| 2043          | -4.0     | -966                                             | -105 | -337 | -4.5 | -1,091 | -118 | -381 |
| 2044          | -3.8     | -965                                             | -99 | -328 | -4.5 | -1,139 | -116 | -387 |
| 2045          | -3.7     | -962                                             | -93 | -318 | -4.5 | -1,189 | -115 | -393 |
| 2046          | -3.5     | -955                                             | -87 | -307 | -4.6 | -1,241 | -113 | -399 |
| 2047          | -3.3     | -948                                             | -82 | -296 | -4.6 | -1,297 | -112 | -405 |
| 2048          | -3.2     | -939                                             | -76 | -285 | -4.6 | -1,355 | -110 | -412 |
| 2049          | -3.0     | -928                                             | -71 | -275 | -4.6 | -1,417 | -109 | -419 |
| 2050          | -2.8     | -913                                             | -66 | -263 | -4.6 | -1,483 | -108 | -427 |
| 2051          | -2.7     | -901                                             | -62 | -252 | -4.6 | -1,555 | -107 | -435 |
| 2052          | -2.5     | -889                                             | -58 | -242 | -4.7 | -1,634 | -106 | -445 |
| 2053          | -2.4     | -876                                             | -54 | -232 | -4.7 | -1,717 | -105 | -455 |
| 2054          | -2.3     | -861                                             | -50 | -222 | -4.8 | -1,805 | -104 | -465 |
| 2055          | -2.1     | -845                                             | -46 | -212 | -4.8 | -1,899 | -104 | -476 |
| 2056          | -2.0     | -826                                             | -43 | -201 | -4.9 | -1,999 | -103 | -487 |
| 2057          | -1.9     | -805                                             | -39 | -191 | -4.9 | -2,104 | -102 | -499 |
| 2058          | -1.7     | -778                                             | -36 | -179 | -5.0 | -2,214 | -102 | -511 |
| 2059          | -1.6     | -745                                             | -32 | -167 | -5.0 | -2,328 | -101 | -522 |
| 2060          | -1.5     | -706                                             | -29 | -154 | -5.1 | -2,447 | -100 | -534 |
| 2061          | -1.3     | -660                                             | -26 | -140 | -5.1 | -2,574 | -100 | -547 |
| 2062          | -1.2     | -612                                             | -22 | -126 | -5.2 | -2,709 | -99 | -560 |
| 2063          | -1.0     | -563                                             | -19 | -113 | -5.2 | -2,854 | -98 | -574 |
| 2064          | -1.0     | -555                                             | -18 | -109 | -5.3 | -3,003 | -98 | -587 |
| 2065          | -0.9     | -546                                             | -17 | -104 | -5.3 | -3,157 | -97 | -600 |
| 2066          | -0.9     | -537                                             | -16 | -99 | -5.4 | -3,319 | -96 | -614 |
| 2067          | -0.8     | -528                                             | -15 | -95 | -5.4 | -3,489 | -96 | -628 |
| 2068          | -0.8     | -518                                             | -13 | -91 | -5.5 | -3,665 | -95 | -641 |
| 2069          | -0.7     | -508                                             | -12 | -86 | -5.5 | -3,847 | -94 | -655 |
| 2070          | -0.7     | -496                                             | -11 | -82 | -5.6 | -4,037 | -93 | -669 |
| 2071          | -0.6     | -483                                             | -11 | -78 | -5.6 | -4,235 | -92 | -682 |
| 2072          | -0.6     | -471                                             | -10 | -74 | -5.7 | -4,442 | -92 | -696 |
| 2073          | -0.6     | -459                                             | -9 | -70 | -5.7 | -4,660 | -91 | -710 |
| 2074          | -0.5     | -447                                             | -8 | -66 | -5.7 | -4,888 | -90 | -725 |
| 2075          | -0.5     | -435                                             | -8 | -63 | -5.8 | -5,127 | -89 | -740 |
| 2076          | -0.5     | -422                                             | -7 | -59 | -5.8 | -5,377 | -88 | -755 |
| 2077          | -0.4     | -409                                             | -6 | -56 | -5.9 | -5,640 | -87 | -770 |
| 2078          | -0.4     | -396                                             | -6 | -53 | -5.9 | -5,915 | -87 | -785 |
| 2079          | -0.4     | -381                                             | -5 | -49 | -6.0 | -6,203 | -86 | -801 |
| Total 2004-78 |     |                                             | -5,026 |   |   |   | -5,225 |   |
| 1Equals net investment in special Treasury Bonds by the Trust Funds less the Amount of General Fund transfers specified in the proposal or in the theoretical plan (PAYGO Transfers). |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Office of the ActuarySocial Security AdministrationMarch 9, 2005

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