Year Cost Rate

Income 

Rate

Annual 

Balance

2008 11.20 12.77 1.57 359

2009 11.26 12.81 1.54 369

2010 11.37 12.82 1.46 378

2011 11.53 12.84 1.31 386

2012 11.76 12.87 1.11 392

2013 12.03 12.90 0.87 394

2014 12.32 12.92 0.60 395

2015 12.62 12.94 0.32 393

2016 12.92 12.96 0.04 390

2017 13.24 12.99 -0.25 385

2018 13.54 13.01 -0.53 378

2019 13.84 13.03 -0.81 371

2020 14.14 13.04 -1.09 361

2021 14.42 13.06 -1.35 351

2022 14.68 13.08 -1.60 341

2023 14.94 13.10 -1.85 329

2024 15.19 13.11 -2.07 316

2025 15.42 13.13 -2.29 302

2026 15.63 13.14 -2.49 288

2027 15.83 13.16 -2.68 273

2028 16.02 13.17 -2.85 257

2029 16.19 13.18 -3.01 240

2030 16.33 13.19 -3.14 223

2031 16.45 13.20 -3.25 206

2032 16.54 13.21 -3.33 188

2033 16.60 13.21 -3.39 170

2034 16.64 13.22 -3.42 152

2035 16.65 13.22 -3.44 133

2036 16.66 13.22 -3.44 115

2037 16.64 13.22 -3.42 96

2038 16.61 13.22 -3.39 77

2039 16.56 13.22 -3.34 58

2040 16.49 13.22 -3.27 39

2041 16.42 13.22 -3.21 20

2042 16.35 13.21 -3.14 1

2043 16.28 13.21 -3.07 ----

2044 16.21 13.21 -3.00 ----

2045 16.14 13.20 -2.94 ----

2046 16.08 13.20 -2.88 ----

2047 16.02 13.20 -2.82 ----

2048 15.96 13.20 -2.77 ----

2049 15.91 13.20 -2.72 ----

2050 15.87 13.19 -2.67 ----

2051 15.83 13.19 -2.64 ----

2052 15.80 13.19 -2.61 ----

2053 15.77 13.19 -2.58 ----

2054 15.74 13.19 -2.55 ----

2055 15.73 13.19 -2.54 ----

2056 15.71 13.19 -2.52 ----

2057 15.70 13.19 -2.51 ----

2058 15.69 13.19 -2.50 ----

2059 15.67 13.19 -2.48 ----

2060 15.66 13.19 -2.47 ----

2061 15.65 13.19 -2.46 ----

2062 15.64 13.19 -2.45 ----

2063 15.63 13.19 -2.44 ----

2064 15.62 13.19 -2.43 ----

2065 15.61 13.19 -2.42 ----

Detailed Single Year Tables

Category of Change: Level of Monthly Benefits (PIA)

Proposed Provision: For OASI beneficiaries becoming eligible for benefits in 2021 and later, multiply the 

PIA factors by the ratio of life expectancy at 67 for 2016 to the life expectancy at age 67 for the 4th year 

prior to the year of benefit eligibility. Unisex life expectancies, based on period life tables, would be 

used as projected by SSA's Office of the Chief Actuary. Disability benefits are not affected by the 

proposal. Disabled worker beneficiaries, upon attaining normal retirement age, would be subject to a 

proportional reduction in benefits based on the worker's years of disability.

Expressed as a percentage of taxable payrol Trust Fund 

Ratio 

1-1-year
2066 15.61 13.19 -2.42 ----

2067 15.61 13.19 -2.42 ----

2068 15.60 13.19 -2.41 ----

2069 15.60 13.19 -2.41 ----

2070 15.60 13.19 -2.41 ----

2071 15.61 13.19 -2.42 ----

2072 15.61 13.19 -2.42 ----

2073 15.61 13.19 -2.42 ----

2074 15.62 13.19 -2.43 ----

2075 15.62 13.19 -2.43 ----

2076 15.63 13.19 -2.44 ----

2077 15.64 13.19 -2.44 ----

2078 15.65 13.19 -2.45 ----

2079 15.66 13.19 -2.46 ----

2080 15.67 13.19 -2.47 ----

2081 15.68 13.20 -2.48 ----

2082 15.69 13.20 -2.49 ----

2083 15.70 13.20 -2.50 ----

2084 15.71 13.20 -2.51 ----

2085 15.72 13.20 -2.52 ----

Summarized Rates: OASDI

2008 Cost Rate Income Rate

Actuarial 

Balance

-2082 15.14% 13.91% -1.23% 0.47%

Office of the Chief Actuary, Social Security

Estimates based on Intermediate Assumptions of the 2008 Trustees Report

Change in 

Actuarial Balance

July 18, 2008