Detailed Single Year Tables

Category of Change: Level of Monthly Benefits (PIA)
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

Year

Cost Rate

Income
Rate

2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050
2051
2052
2053
2054
2055
2056
2057
2058
2059
2060
2061
2062
2063
2064
2065
2066
2067
2068
2069
2070
2071
2072
2073
2074
2075
2076
2077
2078
2079
2080

11.13
11.00
10.95
10.99
11.13
11.25
11.42
11.67
11.93
12.21
12.49
12.79
13.09
13.40
13.71
14.02
14.33
14.64
14.93
15.22
15.50
15.77
16.02
16.24
16.43
16.60
16.76
16.89
16.99
17.06
17.11
17.14
17.15
17.15
17.13
17.10
17.08
17.05
17.02
16.99
16.96
16.94
16.92
16.90
16.88
16.87
16.87
16.87
16.87
16.87
16.88
16.89
16.90
16.92
16.93
16.94
16.96
16.98
17.00
17.02
17.04
17.06
17.09
17.10
17.12
17.13
17.14
17.15
17.15
17.16
17.17
17.18
17.18
17.19
17.20
17.21

12.72
12.73
12.74
12.78
12.77
12.79
12.84
12.87
12.90
12.92
12.94
12.96
12.98
13.00
13.01
13.03
13.05
13.07
13.09
13.10
13.12
13.14
13.15
13.17
13.18
13.19
13.20
13.21
13.22
13.23
13.23
13.23
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.24
13.25
13.25
13.25
13.25
13.25
13.25
13.26
13.26
13.26
13.26
13.26
13.26
13.26
13.27
13.27
13.27
13.27
13.27
13.27
13.27
13.27
13.27
13.27
13.27

Annual
Balance

Trust Fund
Ratio
1-1-year

1.59
1.73
1.79
1.80
1.65
1.54
1.42
1.20
0.97
0.71
0.45
0.17
-0.12
-0.40
-0.69
-0.99
-1.28
-1.57
-1.84
-2.11
-2.38
-2.64
-2.87
-3.07
-3.25
-3.41
-3.56
-3.68
-3.77
-3.83
-3.88
-3.91
-3.92
-3.91
-3.89
-3.86
-3.84
-3.81
-3.78
-3.75
-3.73
-3.70
-3.68
-3.66
-3.65
-3.63
-3.63
-3.63
-3.63
-3.63
-3.64
-3.65
-3.66
-3.67
-3.68
-3.69
-3.71
-3.72
-3.74
-3.76
-3.78
-3.80
-3.82
-3.84
-3.85
-3.86
-3.87
-3.88
-3.89
-3.89
-3.90
-3.91
-3.91
-3.92
-3.93
-3.94

320
337
355
370
383
394
404
410
415
417
418
416
412
407
401
393
383
372
360
347
333
318
302
285
268
250
231
212
193
173
153
133
113
92
71
49
28
6
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Summarized Rates: OASDI
2005
-2079

Cost Rate
15.32%

Income Rate
13.84%

Change in
Actuarial
Balance Actuarial Balance
-1.48%
0.45%

Estimates based on Intermediate Assumptions of the 2005 Trustees Report

Office of the Chief Actuary, Social Security
January 13, 2006