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<p>Data on <a href="#income">income</a> and
<a href="#cost">cost</a> follow the summary table below.</p>
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<table border="1" cellpadding="1" cellspacing="0" width="98%">
<caption><b><span style="font-size:120%">Old-Age, Survivors, and Disability Insurance Trust Funds,
1957-2024</span></b><br>[In millions]</caption>
<thead style="display: table-header-group">
<tr valign="bottom" align="right">
<th colspan="3"></th>
<th colspan="2" align="center" width="46%" class="blackruled-td">Asset Reserves <sup> <a href="#fn1">a</a></sup></th>
</tr>
<tr valign="bottom" align="right">
<th align="left" scope="col" width="12%">Calendar<br>year</th>
<th scope="col">Total<br>income</th>
<th scope="col">Total<br>cost <sup> <a href="#fna">a</a></sup></th>
<th scope="col">Net change<br>during year</th>
<th scope="col"><a href="../ProgData/investheld.html">Asset Reserves at<br>end of year</a></th>
</tr>
</thead>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1957</td>
<td>$8,090</td>
<td>$7,567</td>
<td>$523</td>
<td>$23,042</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1958</td>
<td>9,108</td>
<td>8,907</td>
<td>201</td>
<td>23,243</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1959</td>
<td>9,516</td>
<td>10,793</td>
<td>-1,277</td>
<td>21,966</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1960</td>
<td>12,445</td>
<td>11,798</td>
<td>647</td>
<td>22,613</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1961</td>
<td>12,937</td>
<td>13,388</td>
<td>-451</td>
<td>22,162</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1962</td>
<td>13,699</td>
<td>15,156</td>
<td>-1,457</td>
<td>20,705</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1963</td>
<td>16,227</td>
<td>16,217</td>
<td>10</td>
<td>20,715</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1964</td>
<td>17,476</td>
<td>17,020</td>
<td>456</td>
<td>21,172</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1965</td>
<td>17,857</td>
<td>19,187</td>
<td>-1,331</td>
<td>19,841</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1966</td>
<td>23,381</td>
<td>20,913</td>
<td>2,467</td>
<td>22,308</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1967</td>
<td>26,413</td>
<td>22,471</td>
<td>3,942</td>
<td>26,250</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1968</td>
<td>28,493</td>
<td>26,015</td>
<td>2,479</td>
<td>28,729</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1969</td>
<td>33,346</td>
<td>27,892</td>
<td>5,453</td>
<td>34,182</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1970</td>
<td>36,993</td>
<td>33,108</td>
<td>3,886</td>
<td>38,068</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1971</td>
<td>40,908</td>
<td>38,542</td>
<td>2,366</td>
<td>40,434</td></tr>
<tr align="right" valign="bottom">
<td align="left">1972</td>
<td>45,622</td>
<td>43,281</td>
<td>2,341</td>
<td>42,775</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1973</td>
<td>54,787</td>
<td>53,148</td>
<td>1,639</td>
<td>44,414</td></tr>
<tr align="right" valign="bottom">
<td align="left">1974</td>
<td>62,066</td>
<td>60,593</td>
<td>1,472</td>
<td>45,886</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1975</td>
<td>67,640</td>
<td>69,184</td>
<td>-1,544</td>
<td>44,342</td></tr>
<tr align="right" valign="bottom">
<td align="left">1976</td>
<td>75,034</td>
<td>78,242</td>
<td>-3,209</td>
<td>41,133</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1977</td>
<td>81,982</td>
<td>87,254</td>
<td>-5,272</td>
<td>35,861</td></tr>
<tr align="right" valign="bottom">
<td align="left">1978</td>
<td>91,903</td>
<td>96,018</td>
<td>-4,115</td>
<td>31,746</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1979</td>
<td>105,864</td>
<td>107,320</td>
<td>-1,456</td>
<td>30,291</td></tr>
<tr align="right" valign="bottom">
<td align="left">1980</td>
<td>119,712</td>
<td>123,550</td>
<td>-3,838</td>
<td>26,453</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1981</td>
<td>142,438</td>
<td>144,352</td>
<td>-1,914</td>
<td>24,539</td></tr>
<tr align="right" valign="bottom">
<td align="left">1982</td>
<td>147,913</td>
<td>160,111</td>
<td>239</td>
<td>24,778</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1983</td>
<td>171,266</td>
<td>171,177</td>
<td>89</td>
<td>24,867</td></tr>
<tr align="right" valign="bottom">
<td align="left">1984</td>
<td>186,637</td>
<td>180,429</td>
<td>6,208</td>
<td>31,075</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1985</td>
<td>203,540</td>
<td>190,628</td>
<td>11,088</td>
<td>42,163</td></tr>
<tr align="right" valign="bottom">
<td align="left">1986</td>
<td>216,833</td>
<td>201,522</td>
<td>4,698</td>
<td>46,861</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1987</td>
<td>231,039</td>
<td>209,093</td>
<td>21,946</td>
<td>68,807</td></tr>
<tr align="right" valign="bottom">
<td align="left">1988</td>
<td>263,469</td>
<td>222,514</td>
<td>40,955</td>
<td>109,762</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1989</td>
<td>289,448</td>
<td>236,242</td>
<td>53,206</td>
<td>162,968</td></tr>
<tr align="right" valign="bottom">
<td align="left">1990</td>
<td>315,443</td>
<td>253,135</td>
<td>62,309</td>
<td>225,277</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1991</td>
<td>329,676</td>
<td>274,205</td>
<td>55,471</td>
<td>280,747</td></tr>
<tr align="right" valign="bottom">
<td align="left">1992</td>
<td>342,591</td>
<td>291,865</td>
<td>50,726</td>
<td>331,473</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1993</td>
<td>355,578</td>
<td>308,766</td>
<td>46,812</td>
<td>378,285</td></tr>
<tr align="right" valign="bottom">
<td align="left">1994</td>
<td>381,111</td>
<td>323,011</td>
<td>58,100</td>
<td>436,385</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1995</td>
<td>399,497</td>
<td>339,815</td>
<td>59,683</td>
<td>496,068</td></tr>
<tr align="right" valign="bottom">
<td align="left">1996</td>
<td>424,451</td>
<td>353,569</td>
<td>70,883</td>
<td>566,950</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1997</td>
<td>457,668</td>
<td>369,108</td>
<td>88,560</td>
<td>655,510</td></tr>
<tr align="right" valign="bottom">
<td align="left">1998</td>
<td>489,204</td>
<td>382,255</td>
<td>106,950</td>
<td>762,460</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1999</td>
<td>526,582</td>
<td>392,908</td>
<td>133,673</td>
<td>896,133</td></tr>
<tr align="right" valign="bottom">
<td align="left">2000</td>
<td>568,433</td>
<td>415,121</td>
<td>153,312</td>
<td>1,049,445</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">2001</td>
<td>602,003</td>
<td>438,916</td>
<td>163,088</td>
<td>1,212,533</td></tr>
<tr align="right" valign="bottom">
<td align="left">2002</td>
<td>627,085</td>
<td>461,653</td>
<td>165,432</td>
<td>1,377,965</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">2003</td>
<td>631,886</td>
<td>479,086</td>
<td>152,799</td>
<td>1,530,764</td></tr>
<tr align="right">
<td align="left">2004</td>
<td>657,718</td>
<td>501,643</td>
<td>156,075</td>
<td>1,686,839</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2005</td>
<td>701,758</td>
<td>529,938</td>
<td>171,821</td>
<td>1,858,660</td></tr>
<tr align="right">
<td align="left">2006</td>
<td>744,873</td>
<td>555,421</td>
<td>189,452</td>
<td>2,048,112</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2007</td>
<td>784,889</td>
<td>594,501</td>
<td>190,388</td>
<td>2,238,500</td></tr>
<tr align="right">
<td align="left">2008</td>
<td>805,302</td>
<td>625,143</td>
<td>180,159</td>
<td>2,418,658</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2009</td>
<td>807,490</td>
<td>685,801</td>
<td>121,689</td>
<td>2,540,348</td></tr>
<tr align="right">
<td align="left">2010</td>
<td>781,128</td>
<td>712,526</td>
<td>68,602</td>
<td>2,608,950</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2011</td>
<td>805,057</td>
<td>736,083</td>
<td>68,975</td>
<td>2,677,925</td></tr>
<tr align="right">
<td align="left">2012</td>
<td>840,190</td>
<td>785,781</td>
<td>54,409</td>
<td>2,732,334</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2013</td>
<td>855,021</td>
<td>822,925</td>
<td>32,096</td>
<td>2,764,431</td></tr>
<tr align="right" >
<td align="left">2014</td>
<td>884,276</td>
<td>859,230</td>
<td>25,046</td>
<td>2,789,476</td></tr>
<tr align="right" bgcolor="#eeefef" >
<td align="left">2015</td>
<td>920,157</td>
<td>897,123</td>
<td>23,034</td>
<td>2,812,510</td></tr>
<tr align="right" >
<td align="left">2016</td>
<td>957,453</td>
<td>922,276</td>
<td>35,177</td>
<td>2,847,687</td></tr>
<tr align="right" bgcolor="#eeefef" >
<td align="left">2017</td>
<td>996,581</td>
<td>952,478</td>
<td>44,103</td>
<td>2,891,789</td></tr>
<tr align="right" >
<td align="left">2018</td>
<td>1,003,373</td>
<td>1,000,233</td>
<td>3,140</td>
<td>2,894,929</td></tr>
<tr align="right" bgcolor="#eeefef" >
<td align="left">2019</td>
<td>1,061,775</td>
<td>1,059,299</td>
<td>2,476</td>
<td>2,897,405</td></tr>
<tr align="right" valign="bottom">
<td align="left">2020</td>
<td>1,118,096</td>
<td>1,107,214</td>
<td>10,881</td>
<td>2,908,286</td></tr>
<tr align="right" bgcolor="#eeefef" valign="bottom">
<td align="left">2021</td>
<td>1,088,326</td>
<td>1,144,582</td>
<td>-56,256</td>
<td>2,852,030</td></tr>
<tr align="right" valign="bottom">
<td align="left">2022</td>
<td>1,221,782</td>
<td>1,243,925</td>
<td>-22,143</td>
<td>2,829,887</td></tr>
<tr align="right" bgcolor="#eeefef" valign="bottom">
<td align="left">2023</td>
<td>1,350,686</td>
<td>1,392,110</td>
<td>-41,424</td>
<td>2,788,463</td></tr>
<tr align="right" valign="bottom">
<td align="left">2024</td>
<td>1,417,757</td>
<td>1,484,753</td>
<td>-66,997</td>
<td>2,721,466</td></tr>
<tr><td colspan="5" align="left">
<small><sup><a name="fna">a</a></sup> Beginning in 1979, benefit payments scheduled to be paid on January 3 of a given year were paid on December 31 of the preceding year as required by the statutory provision included in the 1977 Social Security Amendments for early delivery of benefit payments when the normal payment delivery date is a Saturday, Sunday, or legal public holiday. Such advance payments have occurred about every 7 years, first for benefits scheduled for January 3, 1982. For comparability with other historical years, all trust fund operations and asset reserves reflect the 12 months of benefits scheduled for payment in each year.
</small></td></tr>
<tr> <td colspan="5" align="left"><small>Note: The annual net increase in the funds is the
change in the asset reserves from the end of one year to the end of the next. In 1982, the
Old-Age and Survivors Insurance (OASI) Trust Fund borrowed money from the Hospital
Insurance Trust Fund, and repaid the borrowed amounts in 1985 and 1986.
For each of these years, the net increase in the funds is equal
to total income less total cost, plus amounts borrowed or
less amounts repaid. Asset reserves, except for relatively small cash amounts, are
invested in Federal Government securities. For trust fund data prior
to 1957, see <a href="table4a1.html">OASI data</a> (the Disability Trust Fund
was established in 1957).
</small></td></tr>
</table></p>
<p><br /></p>
<p><br /><a name="income"> </a>
<table cellpadding="1" cellspacing="0" border="1" width="98%">
<caption><b><span style="font-size:120%">Old-Age, Survivors, and Disability Insurance Trust Funds
Income</span></b><br>[In millions]</caption>
<thead style="display: table-header-group">
<tr valign="bottom" align="right">
<th align="left" width="10% "scope="col">Calendar<br>year</th>
<th width="18%" scope="col">Total<br>income</th>
<th width="18%" scope="col">Net<br />payroll tax<br />contributions</th>
<th width="18%" scope="col">Income from<br>taxation<br>of benefits</th>
<th width="18%" scope="col">General Fund Transfers <small><sup><a href="#fna">a</a></sup></small></th>
<th width="18%" scope="col">Net interest <small><sup><a href="#fna">b</a></sup></small></th>
</tr>
</thead>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1957</td>
<td>$8,090</td>
<td>$7,527</td>
<td>&hellip;</td>
<td>&hellip;</td>
<td>$563</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1958</td>
<td>9,108</td>
<td>8,531</td>
<td>&hellip;</td>
<td>&hellip;</td>
<td>577</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1959</td>
<td>9,516</td>
<td>8,943</td>
<td>&hellip;</td>
<td>&hellip;</td>
<td>572</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1960</td>
<td>12,445</td>
<td>11,876</td>
<td>&hellip;</td>
<td>&hellip;</td>
<td>569</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1961</td>
<td>12,937</td>
<td>12,323</td>
<td>&hellip;</td>
<td>&hellip;</td>
<td>614</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1962</td>
<td>13,699</td>
<td>13,105</td>
<td>&hellip;</td>
<td>&hellip;</td>
<td>594</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1963</td>
<td>16,227</td>
<td>15,640</td>
<td>&hellip;</td>
<td>&hellip;</td>
<td>587</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1964</td>
<td>17,476</td>
<td>16,843</td>
<td>&hellip;</td>
<td>&hellip;</td>
<td>633</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1965</td>
<td>17,857</td>
<td>17,205</td>
<td>&hellip;</td>
<td>&hellip;</td>
<td>651</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1966</td>
<td>23,381</td>
<td>22,585</td>
<td>&hellip;</td>
<td>$94</td>
<td>702</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1967</td>
<td>26,413</td>
<td>25,424</td>
<td>&hellip;</td>
<td>94</td>
<td>896</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1968</td>
<td>28,493</td>
<td>27,034</td>
<td>&hellip;</td>
<td>414</td>
<td>1,045</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1969</td>
<td>33,346</td>
<td>31,546</td>
<td>&hellip;</td>
<td>458</td>
<td>1,342</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1970</td>
<td>36,993</td>
<td>34,737</td>
<td>&hellip;</td>
<td>465</td>
<td>1,791</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1971</td>
<td>40,908</td>
<td>38,343</td>
<td>&hellip;</td>
<td>538</td>
<td>2,027</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1972</td>
<td>45,622</td>
<td>42,888</td>
<td>&hellip;</td>
<td>526</td>
<td>2,208</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1973</td>
<td>54,787</td>
<td>51,907</td>
<td>&hellip;</td>
<td>494</td>
<td>2,386</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1974</td>
<td>62,066</td>
<td>58,907</td>
<td>&hellip;</td>
<td>499</td>
<td>2,660</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1975</td>
<td>67,640</td>
<td>64,259</td>
<td>&hellip;</td>
<td>515</td>
<td>
2,866</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1976</td>
<td>75,034</td>
<td>71,595</td>
<td>&hellip;</td>
<td>717</td>
<td>2,722</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1977</td>
<td>81,982</td>
<td>78,710</td>
<td>&hellip;</td>
<td>741</td>
<td>2,531</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1978</td>
<td>91,903</td>
<td>88,883</td>
<td>&hellip;</td>
<td>757</td>
<td>2,264</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1979</td>
<td>105,864</td>
<td>103,034</td>
<td>&hellip;</td>
<td>675</td>
<td>2,155</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1980</td>
<td>119,712</td>
<td>116,711</td>
<td>&hellip;</td>
<td>670</td>
<td>2,330</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1981</td>
<td>142,438</td>
<td>139,364</td>
<td>&hellip;</td>
<td>843</td>
<td>2,231</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1982</td>
<td>147,913</td>
<td>145,667</td>
<td>&hellip;</td>
<td>854</td>
<td>1,391</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1983</td>
<td>171,266</td>
<td>156,328</td>
<td>&hellip;</td>
<td>6,662</td>
<td>8,276</td></tr>
<tr align="right" valign="bottom">
<td align="left">1984</td>
<td>186,637</td>
<td>175,019</td>
<td>$3,025</td>
<td>5,153</td>
<td>3,440</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1985</td>
<td>203,540</td>
<td>192,142</td>
<td>3,430</td>
<td>5,227</td>
<td>2,741</td></tr>
<tr align="right" valign="bottom">
<td align="left">1986</td>
<td>216,833</td>
<td>207,384</td>
<td>3,662</td>
<td>1,916</td>
<td>3,871</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1987</td>
<td>231,039</td>
<td>220,630</td>
<td>3,221</td>
<td>1,850</td>
<td>5,338</td></tr>
<tr align="right" valign="bottom">
<td align="left">1988</td>
<td>263,469</td>
<td>249,520</td>
<td>3,445</td>
<td>2,336</td>
<td>8,168</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1989</td>
<td>289,448</td>
<td>271,925</td>
<td>2,534</td>
<td>2,297</td>
<td>12,692</td></tr>
<tr align="right" valign="bottom">
<td align="left">1990</td>
<td>315,443</td>
<td>294,513</td>
<td>4,992</td>
<td>-1,307</td>
<td>17,245</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1991</td>
<td>329,676</td>
<td>301,605</td>
<td>6,054</td>
<td>125</td>
<td>21,892</td></tr>
<tr align="right" valign="bottom">
<td align="left">1992</td>
<td>342,591</td>
<td>311,280</td>
<td>6,084</td>
<td>-138</td>
<td>25,365</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1993</td>
<td>355,578</td>
<td>322,046</td>
<td>5,616</td>
<td>54</td>
<td>27,862</td></tr>
<tr align="right" valign="bottom">
<td align="left">1994</td>
<td>381,111</td>
<td>344,689</td>
<td>5,306</td>
<td>14</td>
<td>31,103</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1995</td>
<td>399,497</td>
<td>359,063</td>
<td>5,831</td>
<td>-375</td>
<td>34,977</td></tr>
<tr align="right" valign="bottom">
<td align="left">1996</td>
<td>424,451</td>
<td>378,880</td>
<td>6,844</td>
<td>9</td>
<td>38,718</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1997</td>
<td>457,668</td>
<td>405,982</td>
<td>7,896</td>
<td>3</td>
<td>43,787</td></tr>
<tr align="right" valign="bottom">
<td align="left">1998</td>
<td>489,204</td>
<td>430,172</td>
<td>9,707</td>
<td>2</td>
<td>49,323</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1999</td>
<td>526,582</td>
<td>459,555</td>
<td>11,559</td>
<td>1</td>
<td>55,466</td></tr>
<tr align="right" valign="bottom">
<td align="left">2000</td>
<td>568,433</td>
<td>492,484</td>
<td>12,314</td>
<td>-835</td>
<td>64,471</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">2001</td>
<td>602,003</td>
<td>516,392</td>
<td>12,715</td>
<td>2</td>
<td>72,895</td></tr>
<tr align="right" valign="bottom">
<td align="left">2002</td>
<td>627,085</td>
<td>532,470</td>
<td>13,839</td>
<td>415</td>
<td>80,362</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">2003</td>
<td>631,886</td>
<td>533,518</td>
<td>13,441</td>
<td>1</td>
<td>84,926</td></tr>
<tr align="right" valign="bottom">
<td align="left">2004</td>
<td>657,718</td>
<td>553,039</td>
<td>15,703</td>
<td>1</td>
<td>88,975</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">2005</td>
<td>701,758</td>
<td>592,940</td>
<td>14,916</td>
<td>-350</td>
<td>94,252</td></tr>
<tr align="right">
<td align="left">2006</td>
<td>744,873</td>
<td>625,594</td>
<td>16,858</td>
<td><small><sup>(c)</sup></small></td>
<td>102,420</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2007</td>
<td>784,889</td>
<td>656,120</td>
<td>18,585</td>
<td>8</td>
<td>110,176</td></tr>
<tr align="right">
<td align="left">2008</td>
<td>805,302</td>
<td>672,122</td>
<td>16,879</td>
<td><small><sup>(c)</sup></small></td>
<td>116,301</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2009</td>
<td>807,490</td>
<td>667,257</td>
<td>21,884</td>
<td><small><sup>(c)</sup></small></td>
<td>118,349</td></tr>
<tr align="right">
<td align="left">2010</td>
<td>781,128</td>
<td>637,283</td>
<td>23,942</td>
<td>2,405</td>
<td>117,498</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2011</td>
<td>805,057</td>
<td>564,231</td>
<td>23,792</td>
<td>102,680</td>
<td>114,355</td></tr>
<tr align="right">
<td align="left">2012</td>
<td>840,190</td>
<td>589,508</td>
<td>27,258</td>
<td>114,280</td>
<td>109,143</td></tr>
<tr align="right" bgcolor="#eeefef" >
<td align="left">2013</td>
<td>855,021</td>
<td>726,217</td>
<td>21,086</td>
<td>4,899</td>
<td>102,820</td></tr>
<tr align="right" >
<td align="left">2014</td>
<td>884,276</td>
<td>755,969</td>
<td>29,637</td>
<td>465</td>
<td>98,204</td></tr>
<tr align="right" bgcolor="#eeefef" >
<td align="left">2015</td>
<td>920,157</td>
<td>794,892</td>
<td>31,625</td>
<td>325</td>
<td>93,314</td></tr>
<tr align="right" >
<td align="left">2016</td>
<td>957,453</td>
<td>836,178</td>
<td>32,817</td>
<td>102</td>
<td>88,356</td></tr>
<tr align="right" bgcolor="#eeefef" >
<td align="left">2017</td>
<td>996,581</td>
<td>873,592</td>
<td>37,850</td>
<td>20</td>
<td>85,119</td></tr>
<tr align="right" >
<td align="left">2018</td>
<td>1,003,373</td>
<td>885,051</td>
<td>35,017</td>
<td>22</td>
<td>83,283</td></tr>
<tr align="right" bgcolor="#eeefef" >
<td align="left">2019</td>
<td>1,061,775</td>
<td>944,468</td>
<td>36,473</td>
<td>13</td>
<td>80,821</td></tr>
<tr align="right" valign="bottom">
<td align="left">2020</td>
<td>1,118,096</td>
<td>1,001,272</td>
<td>40,736</td>
<td>3</td>
<td>76,085</td></tr>
<tr align="right" bgcolor="#eeefef" valign="bottom">
<td align="left">2021</td>
<td>1,088,326</td>
<td>980,602</td>
<td>37,610</td>
<td>1</td>
<td>70,113</td></tr>
<tr align="right" valign="bottom">
<td align="left">2022</td>
<td>1,221,782</td>
<td>1,106,602</td>
<td>48,624</td>
<td>183</td>
<td>66,372</td></tr>
<tr align="right" bgcolor="#eeefef" valign="bottom">
<td align="left">2023</td>
<td>1,350,686</td>
<td>1,233,100</td>
<td>50,714</td>
<td><small><sup>(c)</sup></small></td>
<td>66,872</td></tr>
<tr align="right" valign="bottom">
<td align="left">2024</td>
<td>1,417,757</td>
<td>1,293,331</td>
<td>55,052</td>
<td>244</td>
<td>69,129</td></tr>
<tr><td colspan="6" align="left">
<!-- <small><sup><a name="fna">a</a></sup> Beginning in 1979, benefit payments scheduled to be paid on January 3 of a given year were paid on December 31 of the preceding year as required by the statutory provision included in the 1977 Social Security Amendments for early delivery of benefit payments when the normal payment delivery date is a Saturday, Sunday, or legal public holiday. Such advance payments have occurred about every 7 years, first for benefits scheduled for January 3, 1982. For comparability with other historical years, all trust fund operations and asset reserves reflect the 12 months of benefits scheduled for payment in each year.
</small><br /> -->
<small>
<a name="fnb"><sup>a</sup></a> Includes reimbursements from the General Fund of the Treasury to the OASI and DI Trust Funds for: (1)
the cost of noncontributory wage credits for military service before 1957; (2) the cost in 1971-82 of deemed wage credits for
military service performed after 1956; (3) the cost of benefits to certain uninsured persons who attained age 72 before
1968; (4) the cost of payroll tax credits provided to employees in 1984 and self-employed persons in
1984-89 by Public Law 98-21; and (5) the cost in 2009-13 of excluding certain self-employment
earnings from SECA taxes under Public Law 110-246; and (6) payroll tax revenue forgone under the provisions of
Public Laws 111-147, 111-312, 112-78, and 112-96. Also includes transfers of a portion of proceeds from repayments of loans authorized under Public Law 116-136.<br />
<a name="fna"><sup>b</sup></a> Includes relatively small amounts of gifts to the fund.<br />
<sup>c</sup> Less than $500,000.</small></td>
</tr>
</table></p>
<p><br /></p>
<p><br /><a name="cost"> </a>
<table cellpadding="1" cellspacing="0" border="1" width="98%">
<caption><b><span style="font-size:120%">Old-Age, Survivors, and Disability Insurance Trust Funds Cost</span></b>
<br>[In millions]</caption>
<thead style="display: table-header-group">
<tr valign="bottom" align="right">
<th align="left" width="12%" scope="col">Calendar<br>year</th>
<th width="22%" scope="col">Total<br>cost</th>
<th width="22%" scope="col">Benefit<br>payments<small><sup> <a href="#fn1">a </a><a href="#fn2">b</a></sup></small></</th>
<th width="22%" scope="col">Administrative<br>expenses</th>
<th width="22%" scope="col">Transfers to Railroad Retirement program</th>
</tr>
</thead>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1957</td>
<td>$7,567</td>
<td>$7,404</td>
<td>$164</td>
<td>-$2</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1958</td>
<td>8,907</td>
<td>8,576</td>
<td>207</td>
<td>124</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1959</td>
<td>10,793</td>
<td>10,298</td>
<td>234</td>
<td>260</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1960</td>
<td>11,798</td>
<td>11,245</td>
<td>240</td>
<td>314</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1961</td>
<td>13,388</td>
<td>12,749</td>
<td>303</td>
<td>337</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1962</td>
<td>15,156</td>
<td>14,461</td>
<td>322</td>
<td>372</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1963</td>
<td>16,217</td>
<td>15,427</td>
<td>348</td>
<td>442</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1964</td>
<td>17,020</td>
<td>16,223</td>
<td>375</td>
<td>422</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1965</td>
<td>19,187</td>
<td>18,311</td>
<td>418</td>
<td>459</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1966</td>
<td>20,913</td>
<td>20,051</td>
<td>393</td>
<td>469</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1967</td>
<td>22,471</td>
<td>21,417</td>
<td>515</td>
<td>539</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1968</td>
<td>26,015</td>
<td>24,954</td>
<td>603</td>
<td>458</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1969</td>
<td>27,892</td>
<td>26,767</td>
<td>612</td>
<td>513</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1970</td>
<td>33,108</td>
<td>31,884</td>
<td>635</td>
<td>589</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1971</td>
<td>38,542</td>
<td>37,197</td>
<td>719</td>
<td>626</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1972</td>
<td>43,281</td>
<td>41,625</td>
<td>907</td>
<td>749</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1973</td>
<td>53,148</td>
<td>51,508</td>
<td>837</td>
<td>802</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1974</td>
<td>60,593</td>
<td>58,581</td>
<td>1,082</td>
<td>931</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1975</td>
<td>69,184</td>
<td>67,022</td>
<td>1,152</td>
<td>1,010</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1976</td>
<td>78,242</td>
<td>75,759</td>
<td>1,244</td>
<td>1,239</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1977</td>
<td>87,254</td>
<td>84,667</td>
<td>1,379</td>
<td>1,208</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1978</td>
<td>96,018</td>
<td>92,960</td>
<td>1,440</td>
<td>1,618</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1979</td>
<td>107,320</td>
<td>104,359</td>
<td>1,483</td>
<td>1,477</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1980</td>
<td>123,550</td>
<td>120,598</td>
<td>1,522</td>
<td>1,430</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1981</td>
<td>144,352</td>
<td>140,995</td>
<td>1,743</td>
<td>1,614</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1982</td>
<td>160,111</td>
<td>156,182</td>
<td>2,109</td>
<td>1,820</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1983</td>
<td>171,177</td>
<td>166,745</td>
<td>2,153</td>
<td>2,279</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1984</td>
<td>180,429</td>
<td>175,739</td>
<td>2,264</td>
<td>2,426</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1985</td>
<td>190,628</td>
<td>186,075</td>
<td>2,200</td>
<td>2,353</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1986</td>
<td>201,522</td>
<td>196,667</td>
<td>2,202</td>
<td>2,653</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1987</td>
<td>209,093</td>
<td>204,106</td>
<td>2,373</td>
<td>2,614</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1988</td>
<td>222,514</td>
<td>217,149</td>
<td>2,513</td>
<td>2,851</td>
</tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1989</td>
<td>236,242</td>
<td>230,882</td>
<td>2,427</td>
<td>2,934</td>
</tr>
<tr align="right" valign="bottom">
<td align="left">1990</td>
<td>253,135</td>
<td>247,816</td>
<td>2,270</td>
<td>3,049</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1991</td>
<td>274,205</td>
<td>268,162</td>
<td>2,587</td>
<td>3,457</td></tr>
<tr align="right" valign="bottom">
<td align="left">1992</td>
<td>291,865</td>
<td>285,995</td>
<td>2,664</td>
<td>3,206</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1993</td>
<td>308,766</td>
<td>302,368</td>
<td>2,963</td>
<td>3,435</td></tr>
<tr align="right" valign="bottom">
<td align="left">1994</td>
<td>323,011</td>
<td>316,812</td>
<td>2,674</td>
<td>3,526</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1995</td>
<td>339,815</td>
<td>332,554</td>
<td>3,141</td>
<td>4,120</td></tr>
<tr align="right" valign="bottom">
<td align="left">1996</td>
<td>353,569</td>
<td>347,050</td>
<td>2,962</td>
<td>3,556</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1997</td>
<td>369,108</td>
<td>361,952</td>
<td>3,409</td>
<td>3,747</td></tr>
<tr align="right" valign="bottom">
<td align="left">1998</td>
<td>382,255</td>
<td>374,969</td>
<td>3,467</td>
<td>3,819</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">1999</td>
<td>392,908</td>
<td>385,765</td>
<td>3,328</td>
<td>3,816</td></tr>
<tr align="right" valign="bottom">
<td align="left">2000</td>
<td>415,121</td>
<td>407,635</td>
<td>3,788</td>
<td>3,698</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">2001</td>
<td>438,916</td>
<td>431,931</td>
<td>3,702</td>
<td>3,283</td></tr>
<tr align="right" valign="bottom">
<td align="left">2002</td>
<td>461,653</td>
<td>453,821</td>
<td>4,185</td>
<td>3,647</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">2003</td>
<td>479,086</td>
<td>470,778</td>
<td>4,562</td>
<td>3,747</td></tr>
<tr align="right" valign="bottom">
<td align="left">2004</td>
<td>501,643</td>
<td>493,263</td>
<td>4,536</td>
<td>3,844</td></tr>
<tr align="right" valign="bottom" bgcolor="#eeefef">
<td align="left">2005</td>
<td>529,938</td>
<td>520,748</td>
<td>5,272</td>
<td>3,917</td></tr>
<tr align="right">
<td align="left">2006</td>
<td>555,421</td>
<td>546,238</td>
<td>5,337</td>
<td>3,846</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2007</td>
<td>594,501</td>
<td>584,939</td>
<td>5,542</td>
<td>4,020</td></tr>
<tr align="right">
<td align="left">2008</td>
<td>625,143</td>
<td>615,344</td>
<td>5,749</td>
<td>4,050</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2009</td>
<td>685,801</td>
<td>675,482</td>
<td>6,182</td>
<td>4,137</td></tr>
<tr align="right">
<td align="left">2010</td>
<td>712,526</td>
<td>701,609</td>
<td>6,525</td>
<td>4,392</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2011</td>
<td>736,083</td>
<td>725,103</td>
<td>6,405</td>
<td>4,574</td></tr>
<tr align="right" >
<td align="left">2012</td>
<td>785,781</td>
<td>774,791</td>
<td>6,338</td>
<td>4,651</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2013</td>
<td>822,925</td>
<td>812,259</td>
<td>6,166</td>
<td>4,499</td></tr>
<tr align="right" >
<td align="left">2014</td>
<td>859,230</td>
<td>848,463</td>
<td>6,066</td>
<td>4,701</td></tr>
<tr align="right" bgcolor="#eeefef" >
<td align="left">2015</td>
<td>897,123</td>
<td>886,278</td>
<td>6,169</td>
<td>4,677</td></tr>
<tr align="right" >
<td align="left">2016</td>
<td>922,276</td>
<td>911,384</td>
<td>6,229</td>
<td>4,663</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2017</td>
<td>952,478</td>
<td>941,499</td>
<td>6,457</td>
<td>4,522</td></tr>
<tr align="right" >
<td align="left">2018</td>
<td>1,000,233</td>
<td>988,635</td>
<td>6,656</td>
<td>4,942</td></tr>
<tr align="right" bgcolor="#eeefef">
<td align="left">2019</td>
<td>1,059,299</td>
<td>1,047,930</td>
<td>6,422</td>
<td>4,946</td></tr>
<tr align="right" valign="bottom">
<td align="left">2020</td>
<td>1,107,214</td>
<td>1,095,924</td>
<td>6,303</td>
<td>4,988</td></tr>
<tr align="right" bgcolor="#eeefef" valign="bottom">
<td align="left">2021</td>
<td>1,144,582</td>
<td>1,133,191</td>
<td>6,492</td>
<td>4,900</td></tr>
<tr align="right" valign="bottom">
<td align="left">2022</td>
<td>1,243,925</td>
<td>1,231,707</td>
<td>6,746</td>
<td>5,471</td></tr>
<tr align="right" bgcolor="#eeefef" valign="bottom">
<td align="left">2023</td>
<td>1,392,110</td>
<td>1,379,268</td>
<td>7,206</td>
<td>5,636</td></tr>
<tr align="right" valign="bottom">
<td align="left">2024</td>
<td>1,484,753</td>
<td>1,471,373</td>
<td>7,447</td>
<td>5,933</td></tr>
<tr><td colspan="5" align="left">
<small><sup><a name="fna">a</a></sup> Beginning in 1979, benefit payments scheduled to be paid on January 3 of a given year were paid on December 31 of the preceding year as required by the statutory provision included in the 1977 Social Security Amendments for early delivery of benefit payments when the normal payment delivery date is a Saturday, Sunday, or legal public holiday. Such advance payments have occurred about every 7 years, first for benefits scheduled for January 3, 1982. For comparability with other historical years, all trust fund operations and asset reserves reflect the 12 months of benefits scheduled for payment in each year.
<br />
<sup><a name="fnb">b</a></sup> 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.
</small></td></tr>
</table></center></p>
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