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<div id="title-bar"><h2>2013 OASDI Trustees Report</h2></div>
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<a class="no-border" href="index.html">2013 Trustees Report</a>
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<div class="indent">
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<a href="trTOC.html">Contents</a>
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<a href="X1_trLOT.html">Tables</a>
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<a href="X2_trLOF.html">Figures</a>
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<div class="column-9">
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<h3>Table of Contents</h3>
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<div class="WebWorks_TOC_Level1">
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<a class="WebWorks_TOC_Link" href="I_intro.html#1000302">I. INTRODUCTION</a>
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</div>
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<div class="WebWorks_TOC_Level1">
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<a class="WebWorks_TOC_Link" href="II_A_highlights.html">II. OVERVIEW</a>
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</div>
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<div class="WebWorks_TOC_Level2">
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<a class="WebWorks_TOC_Link" href="II_A_highlights.html#76460">A. HIGHLIGHTS</a>
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</div>
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<div class="WebWorks_TOC_Level2">
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<a class="WebWorks_TOC_Link" href="II_B_cyoper.html#94983">B. TRUST FUND FINANCIAL OPERATIONS IN 2012</a>
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</div>
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<div class="WebWorks_TOC_Level2">
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<a class="WebWorks_TOC_Link" href="II_C_assump.html#95492">C. ASSUMPTIONS ABOUT THE FUTURE</a>
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</div>
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<div class="WebWorks_TOC_Level2">
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<a class="WebWorks_TOC_Link" href="II_D_project.html#105057">D. PROJECTIONS OF FUTURE FINANCIAL STATUS</a>
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</div>
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<div class="WebWorks_TOC_Level2">
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<a class="WebWorks_TOC_Link" href="II_E_conclu.html#86802">E. CONCLUSION</a>
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</div>
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<div class="WebWorks_TOC_Level1">
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<a class="WebWorks_TOC_Link" href="III_A_cyoper.html">III. FINANCIAL OPERATIONS OF THE TRUST FUNDS ANDLEGISLATIVE CHANGES IN THE LAST YEAR</a>
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</div>
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<div class="WebWorks_TOC_Level2">
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||
<a class="WebWorks_TOC_Link" href="III_A_cyoper.html#84778">A. OPERATIONS OF THE OLD‑AGE AND SURVIVORS INSURANCE (OASI) AND DISABILITY INSURANCE (DI) TRUST FUNDS, IN CALENDAR YEAR 2012</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="III_A_cyoper.html#84548">1. OASI Trust Fund</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="III_A_cyoper.html#105731">2. DI Trust Fund</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="III_A_cyoper.html#156168">3. OASI and DI Trust Funds, Combined</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="III_B_amdmts.html#92782">B. SOCIAL SECURITY AMENDMENTS SINCE THE 2012 REPORT</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level1">
|
||
<a class="WebWorks_TOC_Link" href="IV_A_SRest.html">IV. ACTUARIAL ESTIMATES</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
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||
<a class="WebWorks_TOC_Link" href="IV_A_SRest.html#90333">A. SHORT-RANGE ESTIMATES</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="IV_A_SRest.html#90386">1. Operations of the OASI Trust Fund</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="IV_A_SRest.html#178551">2. Operations of the DI Trust Fund</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="IV_A_SRest.html#126084">3. Operations of the Combined OASI and DI Trust Funds</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="IV_A_SRest.html#307256">4. Factors Underlying Changes in 10-Year Trust Fund Ratio Estimates From the 2012 Report</a>
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||
</div>
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<div class="WebWorks_TOC_Level2">
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<a class="WebWorks_TOC_Link" href="IV_B_LRest.html#378399">B. LONG-RANGE ESTIMATES</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
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||
<a class="WebWorks_TOC_Link" href="IV_B_LRest.html#411881">1. Annual Income Rates, Cost Rates, and Balances</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="IV_B_LRest.html#222190">2. Comparison of Workers to Beneficiaries</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="IV_B_LRest.html#366403">3. Trust Fund Ratios and Test of Long-Range Close Actuarial Balance</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="IV_B_LRest.html#402226">4. Summarized Income Rates, Summarized Cost Rates, and Actuarial Balances</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="IV_B_LRest.html#417122">5. Additional Measures of OASDI Unfunded Obligations</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="IV_B_LRest.html#419506">6. Reasons for Change in Actuarial Balance From Last Report</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level1">
|
||
<a class="WebWorks_TOC_Link" href="V_A_demo.html#253046">V. ASSUMPTIONS AND METHODS UNDERLYINGACTUARIAL ESTIMATES</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="V_A_demo.html#79489">A. DEMOGRAPHIC ASSUMPTIONS AND METHODS</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_A_demo.html#79491">1. Fertility Assumptions</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_A_demo.html#252976">2. Mortality Assumptions</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_A_demo.html#79519">3. Immigration Assumptions</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_A_demo.html#81231">4. Total Population Estimates</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_A_demo.html#228705">5. Life Expectancy Estimates</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="V_B_econ.html#170227">B. ECONOMIC ASSUMPTIONS AND METHODS</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_B_econ.html#242370">1. Productivity Assumptions</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_B_econ.html#131314">2. Price Inflation Assumptions</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_B_econ.html#131323">3. Average Earnings Assumptions</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_B_econ.html#214592">4. Assumed Real-Wage Differential</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_B_econ.html#189335">5. Labor Force and Unemployment Projections</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_B_econ.html#242278">6. Gross Domestic Product Projections</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_B_econ.html#209902">7. Interest Rates</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#147902">C. PROGRAM-SPECIFIC ASSUMPTIONS AND METHODS</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#96145">1. Automatically Adjusted Program Parameters</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#121228">2. Covered Employment</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#1038506">3. Insured Population</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#87223">4. Old-Age and Survivors Insurance Beneficiaries</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#281590">5. Disability Insurance Beneficiaries</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#989891">6. Covered and Taxable Earnings, Taxable Payroll, and Payroll Tax Contributions</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#284807">7. Income From Taxation of Benefits</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#90083">8. Average Benefits</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#90086">9. Scheduled Benefits</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#286195">10. Illustrative Scheduled Benefit Amounts</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#90089">11. Administrative Expenses</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#90091">12. Railroad Retirement Financial Interchange</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="V_C_prog.html#146824">13. Military Service Transfers</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level1">
|
||
<a class="WebWorks_TOC_Link" href="VI_A_cyoper_hist.html">VI. APPENDICES</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="VI_A_cyoper_hist.html#207125">A. HISTORY OF OASI AND DI TRUST FUND OPERATIONS</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="VI_B_LRact_bal.html#102806">B. HISTORY OF ACTUARIAL STATUS ESTIMATES</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="VI_C_SRfyproj.html#185082">C. FISCAL YEAR HISTORICAL DATA ANDPROJECTIONS THROUGH 2022</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="VI_D_LRsens.html#100512">D. LONG-RANGE SENSITIVITY ANALYSIS</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_D_LRsens.html#100885">1. Total Fertility Rate</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_D_LRsens.html#92688">2. Death Rates</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_D_LRsens.html#92900">3. Net Immigration</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_D_LRsens.html#93098">4. Real-Wage Differential</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_D_LRsens.html#93311">5. Consumer Price Index</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_D_LRsens.html#93516">6. Real Interest Rate</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_D_LRsens.html#103017">7. Disability Incidence Rates</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_D_LRsens.html#93910">8. Disability Termination Rates</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="VI_E_stoch.html#103970">E. STOCHASTIC PROJECTIONS AND UNCERTAINTY</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_E_stoch.html#100956">1. Background</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_E_stoch.html#100960">2. Stochastic Methodology</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_E_stoch.html#112618">3. Stochastic Results</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_E_stoch.html#114460">4. Comparison of Results: Stochastic to Low-Cost, Intermediate, and High-Cost Alternatives</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="VI_F1_OASDHI_payroll.html#105439">F. ESTIMATES FOR OASDI AND HI, SEPARATE AND COMBINED</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_F1_OASDHI_payroll.html#161834">1. Estimates as a Percentage of Taxable Payroll</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_F2_OASDHI_GDP.html#113389">2. Estimates as a Percentage of Gross Domestic Product</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level3">
|
||
<a class="WebWorks_TOC_Link" href="VI_F3_OASDHI_dollars.html#116339">3. Estimates in Dollars</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="VI_G_OASIforDI.html#97986">G. ANALYSIS OF BENEFIT DISBURSEMENTS FROM THE OASI TRUST FUND WITH RESPECT TO DISABLED BENEFICIARIES</a>
|
||
</div>
|
||
<div class="WebWorks_TOC_Level2">
|
||
<a class="WebWorks_TOC_Link" href="VI_H_glossary.html#1042403">H. GLOSSARY</a>
|
||
</div>
|
||
|
||
|
||
|
||
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|
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