Table 4.1

Table 4.1 Social Security (OASDI) Net Yield * (Bond Interest Plus Stock Yield) Under the Plan Specified in the President's State of the Union Speech on Jan 19, 1999
  Present Law Net Yield on Assets*
Calendar
Year
OASDI
Net Interest
Total Bonds Stock Percent
Stock
  (billions of constant 1999 dollars)  
2000 57.7 60.4 59.5 0.9 1.5
2001 62.0 69.7 67.2 2.5 3.6
2002 66.5 79.6 75.3 4.3 5.4
2003 71.0 90.2 83.9 6.3 7.0
2004 75.7 101.6 93.1 8.5 8.4
2005 80.5 114.2 103.1 11.1 9.7
2006 85.3 128.4 114.2 14.2 11.1
2007 90.1 144.2 126.3 17.9 12.4
2008 95.1 162.0 139.7 22.3 13.7
2009 100.1 181.3 154.0 27.3 15.0
2010 104.8 202.0 169.1 32.9 16.3
2011 109.4 223.9 184.7 39.2 17.5
2012 113.5 246.9 200.7 46.2 18.7
2013 116.8 270.0 216.4 53.6 19.9
2014 119.5 293.7 232.1 61.6 21.0
2015 121.5 309.7 242.2 67.5 21.8
2016 122.7 317.8 248.8 69.0 21.7
2017 122.9 325.1 254.6 70.4 21.7
2018 122.2 331.5 259.8 71.7 21.6
2019 120.5 337.1 264.2 72.9 21.6
2020 117.7 341.7 267.9 73.8 21.6
2021 113.8 345.4 270.8 74.6 21.6
2022 108.9 348.1 273.0 75.1 21.6
2023 102.9 350.0 274.5 75.5 21.6
2024 95.8 350.9 275.2 75.7 21.6
2025 87.5 350.8 275.1 75.7 21.6
2026 78.0 349.6 274.2 75.4 21.6
2027 67.4 347.4 272.5 74.9 21.6
2028 55.7 344.3 270.0 74.2 21.6
2029 42.9 340.2 266.9 73.3 21.6
2030 29.2 335.4 263.1 72.3 21.6
2031 14.5 329.8 258.7 71.1 21.6
2032 2.3 323.4 253.7 69.7 21.5
2033 -- 316.2 248.1 68.1 21.5
2034 -- 308.5 242.0 66.5 21.5
2035 -- 300.1 235.4 64.7 21.5
2036 -- 291.1 228.4 62.7 21.5
2037 -- 281.7 221.0 60.7 21.5
2038 -- 271.7 213.2 58.5 21.5
2039 -- 261.2 205.0 56.3 21.5
2040 -- 250.3 196.4 53.9 21.5
2041 -- 238.9 187.5 51.4 21.5
2042 -- 226.9 178.1 48.9 21.5
2043 -- 214.4 168.2 46.2 21.5
2044 -- 201.2 157.9 43.3 21.5
2045 -- 187.4 147.1 40.3 21.5
2046 -- 172.8 135.6 37.2 21.5
2047 -- 157.5 123.6 33.9 21.5
2048 -- 141.3 110.9 30.4 21.5
2049 -- 124.2 97.5 26.7 21.5
2050 -- 106.2 83.4 22.8 21.5
2051 -- 87.1 68.4 18.7 21.5
2052 -- 66.9 52.6 14.3 21.4
2053 -- 45.5 35.8 9.7 21.3
2054 -- 22.9 18.0 4.8 21.1
2055 -- 7.8 6.1 1.7 21.7
NOTE: Yield on assets would be increased by additional changes to fully eliminate the actuarial deficit.
* Net yield includes expected interest on bonds, dividends on stock, and annual capital gain on stock. whether realized currently or not.
All estimates are based on the intermediate assumptions of the 1998 Trustees Report.
OCACT/SSA 2/11/99