4.

A OASDI: Trust Funds
Table 4.A3—Combined OASI and DI, 1957–2003 (in millions of dollars)
Receipts

Expenditures

Income
from
taxation
of benefits

Payments
from the
general
fund of the
Treasury b

Assets

Total

Benefit
payments d

Administrative
expenses

Transfers to
Railroad
Retirement
program

Net
increase
during year

Amount
at end
of year

Year

Total

Net
contributions a

1957
1958
1959

8,090
9,108
9,516

7,527
8,531
8,943

...
...
...

...
...
...

563
577
572

7,567
8,907
10,793

7,404
8,576
10,298

164
207
234

-2
124
260

523
201
-1,277

23,042
23,243
21,966

1960
1961
1962
1963
1964

12,445
12,937
13,699
16,227
17,476

11,876
12,323
13,105
15,640
16,843

...
...
...
...
...

...
...
...
...
...

569
614
594
587
633

11,798
13,388
15,156
16,217
17,020

11,245
12,749
14,461
15,427
16,223

240
303
322
348
375

314
337
372
442
422

647
-451
-1,457
10
456

22,613
22,162
20,705
20,715
21,172

1965
1966
1967
1968
1969

17,857
23,381
26,413
28,493
33,346

17,205
22,585
25,424
27,034
31,546

...
...
...
...
...

...
94
94
414
458

651
702
896
1,045
1,342

19,187
20,913
22,471
26,015
27,892

18,311
20,051
21,417
24,954
26,767

418
393
515
603
612

459
469
539
458
513

-1,331
2,467
3,942
2,479
5,453

19,841
22,308
26,250
28,729
34,182

1970
1971
1972
1973
1974

36,993
40,908
45,622
54,787
62,066

34,737
38,343
42,888
51,907
58,907

...
...
...
...
...

465
538
526
494
499

1,791
2,027
2,208
2,386
2,660

33,108
38,542
43,281
53,148
60,593

31,884
37,197
41,625
51,508
58,581

635
719
907
837
1,082

589
626
749
802
931

3,886
2,366
2,341
1,639
1,472

38,068
40,434
42,775
44,414
45,886

1975
1976
1977
1978
1979

67,640
75,034
81,982
91,903
105,864

64,259
71,595
78,710
88,883
103,034

...
...
...
...
...

515
717
741
757
675

2,866
2,722
2,531
2,264
2,155

69,184
78,242
87,254
96,018
107,320

67,022
75,759
84,667
92,960
104,359

1,152
1,244
1,379
1,440
1,483

1,010
1,239
1,208
1,618
1,477

-1,544
-3,209
-5,272
-4,115
-1,456

44,342
41,133
35,861
31,746
30,291

1980
1981
1982
1983
1984

119,712
142,438
147,913
171,266
186,637

116,711
139,364
145,667
156,328
180,067

...
...
...
...
3,025

670
843
854
6,662
105

2,330
2,231
1,391
8,276
3,440

123,550
144,352
160,111
171,177
180,429

120,598
140,995
156,182
166,745
175,739

1,522
1,743
2,109
2,153
2,264

1,430
1,614
1,820
2,279
2,426

-3,838
-1,914
e 239
89
6,208

26,453
24,539
24,778
24,867
31,075

1985
1986
1987
1988
1989

203,540
216,833
231,039
263,469
289,448

194,149
209,140
222,425
251,814
274,189

3,430
3,662
3,221
3,445
2,534

3,220
160
55
43
34

2,741
3,871
5,338
8,168
12,692

190,628
201,522
209,093
222,514
236,242

186,075
196,667
204,106
217,149
230,882

2,200
2,202
2,373
2,513
2,427

2,353
2,653
2,614
2,851
2,934

11,088
4,698
21,946
40,955
53,206

42,163
46,861
68,807
109,762
162,968

1990
1991
1992
1993
1994

315,443
329,676
342,591
355,578
381,111

296,070
301,711
311,128
322,090
344,695

4,992
6,054
6,084
5,616
5,306

-2,864
19
14
10
7

17,245
21,892
25,365
27,862
31,103

253,135
274,205
291,865
308,766
323,011

247,816
268,162
285,995
302,368
316,812

2,270
2,587
2,664
2,963
2,674

3,049
3,457
3,206
3,435
3,526

62,309
55,471
50,726
46,812
58,100

225,277
280,747
331,473
378,285
436,385

Net
interest c

e

e

(Continued)

Annual Statistical Supplement, 2004 ♦ 4.5

4.A OASDI: Trust Funds
Table 4.A3—Combined OASI and DI, 1957–2003 (in millions of dollars)—Continued
Receipts
Income
from
taxation
of benefits

Expenditures
Payments
from the
general
fund of the
Treasury b

Year

Total

Net
contributions a

1995
1996
1997
1998
1999

399,497
424,451
457,668
489,204
526,582

359,021
378,881
405,984
430,174
459,556

5,831
6,844
7,896
9,707
11,559

-332
7
2
1

2000
2001
2002
2003

568,433
602,003
627,085
631,886

492,484
516,393
532,471
533,519

12,314
12,715
13,839
13,441

-836
...
414
...

f

Assets

Administrative
expenses

Transfers to
Railroad
Retirement
program

Net
increase
during year

Amount
at end
of year

Net
interest c

Total

Benefit
payments d

34,977
38,718
43,787
49,323
55,466

339,815
353,569
369,108
382,255
392,908

332,554
347,050
361,952
374,969
385,765

3,141
2,962
3,409
3,467
3,328

4,120
3,556
3,747
3,819
3,816

59,683
70,883
88,560
106,950
133,673

496,068
566,950
655,510
762,460
896,133

64,471
72,895
80,362
84,926

415,121
438,916
461,653
479,086

407,635
431,931
453,821
470,778

3,788
3,702
4,185
4,562

3,698
3,283
3,647
3,747

153,312
163,088
165,432
152,799

1,049,445
1,212,533
1,377,965
1,530,764

SOURCE: Department of the Treasury.
NOTE: . . . = not applicable.
a.
b.

c.

d.
e.
f.

Beginning in 1983, includes transfers from the general fund of the Treasury representing contributions that would have been paid on deemed wage credits for military
service in 1957–2001, if such credits were considered to be covered wages.
Includes payments (1) in 1947–1951 and in 1966 and later, for costs of noncontributory wage credits for military service performed before 1957; (2) in 1971–1982, for
costs of deemed wage credits for military service performed after 1956; and (3) in 1968 and later, for costs of benefits to certain uninsured persons who attained
age 72 before 1968.
Net interest includes net profits or losses on marketable investments. Beginning in 1967, administrative expenses are charged to the trust fund on an estimated basis,
with a final adjustment, including interest, made in the following fiscal year. The amounts of these interest adjustments are included in net interest. Beginning in
October 1973, the figures shown include relatively small amounts of gifts to the fund. Figures for 1983–1986 reflect payments from a borrowing trust fund to a lending
trust fund for interest on amounts owed under the interfund borrowing provisions. During 1983–1990, interest paid from the trust fund to the general fund of the Treasury on advance tax transfers is reflected. The amount shown for 1985 includes an interest adjustment of $102.8 million on unnegotiated checks issued before
April 1985.
Beginning in 1966, includes payments for vocational rehabilitation services furnished to disabled persons receiving benefits because of their disabilities. Beginning in
1983, amounts are reduced by amount of reimbursement for unnegotiated benefit checks.
Amount equals total receipts less total expenditures, plus amounts borrowed or less amounts repaid under interfund borrowing provisions.
Less than $500,000.

CONTACT: Jeff Kunkel (410) 965-3013.

4.6 ♦ Annual Statistical Supplement, 2004