Year Cost Rate

Income 

Rate

Annual 

Balance 2005 11.13 12.72 1.59 320

2006 11.00 12.73 1.73 337

2007 10.95 12.74 1.79 355

2008 10.99 12.78 1.80 370

2009 11.13 12.77 1.65 383

2010 11.25 12.79 1.54 394

2011 11.42 12.84 1.42 404

2012 11.67 12.87 1.20 410

2013 11.93 12.90 0.97 415

2014 12.21 12.92 0.71 417

2015 12.49 12.94 0.45 418

2016 12.79 12.96 0.17 416

2017 13.09 12.98 -0.12 412

2018 13.40 13.00 -0.40 407

2019 13.71 13.01 -0.69 401

2020 14.02 13.03 -0.99 393

2021 14.33 13.05 -1.28 383

2022 14.64 13.07 -1.57 372

2023 14.93 13.09 -1.84 360

2024 15.22 13.10 -2.11 347

2025 15.50 13.12 -2.38 333

2026 15.77 13.14 -2.64 318

2027 16.02 13.15 -2.87 302

2028 16.24 13.17 -3.07 285

2029 16.43 13.18 -3.25 268

2030 16.60 13.19 -3.41 250

2031 16.76 13.20 -3.56 231

2032 16.89 13.21 -3.68 212

2033 16.99 13.22 -3.77 193

2034 17.06 13.23 -3.83 173

2035 17.11 13.23 -3.88 153

2036 17.14 13.23 -3.91 133

2037 17.15 13.24 -3.92 113

2038 17.15 13.24 -3.91 92

2039 17.13 13.24 -3.89 71

2040 17.10 13.24 -3.86 49

2041 17.08 13.24 -3.84 28

2042 17.05 13.24 -3.81 6

2043 17.02 13.24 -3.78 ----

2044 16.99 13.24 -3.75 ----

2045 16.96 13.24 -3.73 ----

2046 16.94 13.24 -3.70 ----

2047 16.92 13.24 -3.68 ----

2048 16.90 13.24 -3.66 ----

2049 16.88 13.24 -3.65 ----

2050 16.87 13.24 -3.63 ----

2051 16.87 13.24 -3.63 ----

2052 16.87 13.24 -3.63 ----

2053 16.87 13.24 -3.63 ----

2054 16.87 13.24 -3.63 ----

2055 16.88 13.24 -3.64 ----

2056 16.89 13.24 -3.65 ----

2057 16.90 13.25 -3.66 ----

2058 16.92 13.25 -3.67 ----

2059 16.93 13.25 -3.68 ----

2060 16.94 13.25 -3.69 ----

2061 16.96 13.25 -3.71 ----

2062 16.98 13.25 -3.72 ----

2063 17.00 13.26 -3.74 ----

2064 17.02 13.26 -3.76 ----

2065 17.04 13.26 -3.78 ----

2066 17.06 13.26 -3.80 ----

2067 17.09 13.26 -3.82 ----

2068 17.10 13.26 -3.84 ----

2069 17.12 13.26 -3.85 ----

2070 17.13 13.27 -3.86 ----

2071 17.14 13.27 -3.87 ----

2072 17.15 13.27 -3.88 ----

2073 17.15 13.27 -3.89 ----

2074 17.16 13.27 -3.89 ----

2075 17.17 13.27 -3.90 ----

2076 17.18 13.27 -3.91 ----

2077 17.18 13.27 -3.91 ----

2078 17.19 13.27 -3.92 ----

2079 17.20 13.27 -3.93 ----

2080 17.21 13.27 -3.94 ----

Summarized Rates: OASDI

2005 Cost Rate Income Rate

Actuarial 

Balance

-2079 15.32% 13.84% -1.48% 0.45%

Office of the Chief Actuary, Social Security

Estimates based on Intermediate Assumptions of the 2005 Trustees Report January 13, 2006

Detailed Single Year Tables

Category of Change: Level of Monthly Benefits (PIA)

Change in 

Actuarial Balance

Proposed Provision: For OASI beneficiaries becoming eligible for benefits in 2018 and later, multiply the 

PIA factors by the ratio of life expectancy at 67 for 2013 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 payroll Trust Fund 

Ratio 

1-1-year