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<table summary="Document navigation links" border="0" cellpadding="0" cellspacing="0">
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<td width="60%"><h2 class="pTitle">2004 OASDI Trustees Report</h2></td>
<td><a accesskey="c" href="trTOC.html"><img id="LongDescNotReq1" src="images/toc.gif" border="0" alt="Contents" /></a></td>
<td><a accesskey="p" href="trActOpn.html"><img id="LongDescNotReq2" src="images/prev.gif" border="0" alt="Previous" /></a></td>
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<blockquote>
<p style="color: #999999; font-size: 11px; font-weight: bold; font-family: Arial, Helvetica, sans-serif">
<a href="#wp147098">A</a> - <a href="#wp147189">B</a> - <a href="#wp147246">C</a> - <a href="#wp147309">D</a> - <a href="#wp147367">E</a> - <a href="#wp147421">F</a> - <a href="#wp147438">G</a> - <a href="#wp147459">H</a> - <a href="#wp147481">I</a> - <a href="#wp147551">L</a> - <a href="#wp147595">M</a> - <a href="#wp147610">N</a> - <a href="#wp147619">O</a> - <a href="#wp147644">P</a> - <a href="#wp147682">Q</a> - <a href="#wp147687">R</a> - <a href="#wp147722">S</a> - <a href="#wp147789">T</a> - <a href="#wp147862">U</a> - <a href="#wp147885">V</a> - <a href="#wp147903">Y</a>
</p>
</blockquote>
<a name="wp77721"> </a><h2 class="pHeading1">
</h2>
<a name="IX_A"> </a>
<a name="wp147098"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
A
</h2>
<a name="wp147102"> </a><p class="pLevel1IX">
Actuarial balance<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_project.html#wp107466">1</a>, <a href="II_project.html#wp107503">2</a>, <a href="II_conclu.html#wp89432">3</a>, <a href="IV_LRest.html#wp253574">4</a>, <a href="V_programatic.html#wp122060">5</a>, <a href="VI_LRact_bal.html#wp102806">6</a>, <a href="VI_LRsensitivity.html#wp100874">7</a>, <a href="VI_OASDHI_payroll.html#wp104935">8</a>
</p>
<a name="wp147111"> </a><p class="pLevel1IX">
Actuarial balance, long-range test<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp220056">1</a>
</p>
<a name="wp147113"> </a><p class="pLevel1IX">
Actuarial deficit<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp998290">1</a>, <a href="II_highlights.html#wp88692">2</a>, <a href="II_project.html#wp107503">3</a>, <a href="II_conclu.html#wp89430">4</a>, <a href="IV_LRest.html#wp189753">5</a>, <a href="VI_OASDHI_payroll.html#wp104935">6</a>
</p>
<a name="wp147120"> </a><p class="pLevel1IX">
Actuarial estimates, LR<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp239829">1</a>
</p>
<a name="wp147122"> </a><p class="pLevel1IX">
Actuarial estimates, SR<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp90333">1</a>
</p>
<a name="wp147124"> </a><p class="pLevel1IX">
Adjusted program amounts<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp96145">1</a>
</p>
<a name="wp147126"> </a><p class="pLevel1IX">
Administrative expenses<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_cyoper.html#wp95543">1</a>, <a href="III_cyoper.html#wp97968">2</a>, <a href="IV_LRest.html#wp178425">3</a>, <a href="V_programatic.html#wp90089">4</a>, <a href="VI_cyoper_history.html#wp91500">5</a>, <a href="VI_SRfyproj.html#wp179785">6</a>, <a href="VI_OASDHI_GDP.html#wp102352">7</a>, <a href="VI_OASDHI_dollars.html#wp99491">8</a>
</p>
<a name="wp147135"> </a><p class="pLevel1IX">
Advance tax transfers<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp179692">1</a>, <a href="VI_cyoper_history.html#wp113140">2</a>
</p>
<a name="wp147138"> </a><p class="pLevel1IX">
Amendments<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="III_amdmts.html#wp90567">1</a>
</p>
<a name="wp147140"> </a><p class="pLevel1IX">
Annual balance<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp998290">1</a>, <a href="II_project.html#wp107789">2</a>, <a href="IV_LRest.html#wp253574">3</a>, <a href="IV_LRest.html#wp219401">4</a>
</p>
<a name="wp147145"> </a><p class="pLevel1IX">
Assets<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp88684">1</a>, <a href="II_cyoper.html#wp95001">2</a>, <a href="II_project.html#wp107457">3</a>, <a href="III_cyoper.html#wp113341">4</a>, <a href="IV_SRest.html#wp90334">5</a>, <a href="IV_LRest.html#wp178425">6</a>, <a href="VI_cyoper_history.html#wp91526">7</a>, <a href="VI_SRfyproj.html#wp174793">8</a>, <a href="VI_LRsensitivity.html#wp99701">9</a>, <a href="VI_OASDHI_payroll.html#wp92738">10</a>, <a href="VI_OASDHI_dollars.html#wp92524">11</a>
</p>
<a name="wp147157"> </a><p class="pLevel1IX">
Assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999752">1</a>, <a href="II_highlights.html#wp88688">2</a>, <a href="II_project.html#wp107457">3</a>, <a href="IV_LRest.html#wp189677">4</a>, <a href="V_demographic.html#wp79479">5</a>, <a href="V_economic.html#wp170227">6</a>, <a href="V_programatic.html#wp147902">7</a>, <a href="VI_LRact_bal.html#wp92481">8</a>, <a href="VI_LRsensitivity.html#wp92463">9</a>, <a href="VI_OASDHI_payroll.html#wp93136">10</a>, <a href="VI_OASDHI_GDP.html#wp102352">11</a>, <a href="VI_OASDHI_dollars.html#wp116389">12</a>, <a href="VI_OASIforDI.html#wp92481">13</a>
</p>
<a name="wp147171"> </a><p class="pLevel1IX">
Automatic cost-of-living benefit increase<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_cyoper.html#wp95635">1</a>, <a href="IV_SRest.html#wp112733">2</a>, <a href="V_economic.html#wp152741">3</a>, <a href="V_programatic.html#wp96174">4</a>
</p>
<a name="wp147176"> </a><p class="pLevel1IX">
Auxiliary benefits<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp130963">1</a>
</p>
<a name="wp147178"> </a><p class="pLevel1IX">
Average benefits<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp90083">1</a>
</p>
<a name="wp147180"> </a><p class="pLevel1IX">
Average earnings assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp131323">1</a>
</p>
<a name="wp147182"> </a><p class="pLevel1IX">
Average indexed monthly earnings (AIME)<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp85398">1</a>
</p>
<a name="wp147184"> </a><p class="pLevel1IX">
Average wage index<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp147567">1</a>, <a href="VI_OASDHI_dollars.html#wp92495">2</a>
</p>
<a name="wp147187"> </a><p class="pLevel1IX">
Award<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp147069">1</a>
</p>
<a name="IX_B"> </a>
<a name="wp147189"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
B
</h2>
<a name="wp147191"> </a><p class="pLevel1IX">
Baby-boom generation<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp89072">1</a>, <a href="II_project.html#wp107485">2</a>, <a href="II_conclu.html#wp89429">3</a>, <a href="IV_SRest.html#wp181448">4</a>, <a href="IV_LRest.html#wp189347">5</a>, <a href="V_economic.html#wp152798">6</a>, <a href="V_programatic.html#wp122810">7</a>, <a href="VI_OASDHI_GDP.html#wp123774">8</a>
</p>
<a name="wp147200"> </a><p class="pLevel1IX">
Bend points<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp85398">1</a>
</p>
<a name="wp147202"> </a><p class="pLevel1IX">
Beneficiaries, DI<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp89099">1</a>
</p>
<a name="wp147204"> </a><p class="pLevel1IX">
Beneficiary<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_project.html#wp109438">1</a>, <a href="IV_SRest.html#wp112733">2</a>, <a href="IV_LRest.html#wp222190">3</a>, <a href="V_demographic.html#wp109212">4</a>, <a href="V_programatic.html#wp96217">5</a>, <a href="VI_LRact_bal.html#wp103146">6</a>, <a href="VI_LRsensitivity.html#wp92683">7</a>, <a href="VI_OASDHI_GDP.html#wp102352">8</a>, <a href="VI_OASDHI_dollars.html#wp99491">9</a>, <a href="VI_OASIforDI.html#wp97986">10</a>
</p>
<a name="wp147215"> </a><p class="pLevel1IX">
Beneficiary, OASI<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp87223">1</a>
</p>
<a name="wp147217"> </a><p class="pLevel1IX">
Benefit payments<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_cyoper.html#wp95519">1</a>, <a href="II_project.html#wp109195">2</a>, <a href="IV_SRest.html#wp90394">3</a>, <a href="IV_SRest.html#wp91165">4</a>, <a href="IV_LRest.html#wp178425">5</a>, <a href="V_programatic.html#wp90086">6</a>, <a href="VI_cyoper_history.html#wp91500">7</a>, <a href="VI_SRfyproj.html#wp179637">8</a>, <a href="VI_LRsensitivity.html#wp100736">9</a>, <a href="VI_OASDHI_GDP.html#wp102352">10</a>, <a href="VI_OASDHI_dollars.html#wp99491">11</a>, <a href="VI_OASIforDI.html#wp98513">12</a>
</p>
<a name="wp147230"> </a><p class="pLevel1IX">
Benefit termination<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_assump.html#wp95159">1</a>, <a href="IV_SRest.html#wp209796">2</a>
</p>
<a name="wp147233"> </a><p class="pLevel1IX">
Best estimate<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999752">1</a>, <a href="II_assump.html#wp94907">2</a>, <a href="II_conclu.html#wp89429">3</a>, <a href="IV_SRest.html#wp203486">4</a>, <a href="V_demographic.html#wp79481">5</a>
</p>
<a name="wp147239"> </a><p class="pLevel1IX">
Board of Trustees<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999750">1</a>, <a href="IV_SRest.html#wp203486">2</a>, <a href="V_economic.html#wp168840">3</a>, <a href="VI_cyoper_history.html#wp117713">4</a>
</p>
<a name="wp147244"> </a><p class="pLevel1IX">
Book value<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_cyoper_history.html#wp125942">1</a>
</p>
<a name="IX_C"> </a>
<a name="wp147246"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
C
</h2>
<a name="wp147248"> </a><p class="pLevel1IX">
Close actuarial balance<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp253574">1</a>, <a href="IV_LRest.html#wp244978">2</a>
</p>
<a name="wp147251"> </a><p class="pLevel1IX">
Closed group unfunded obligation<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp265974">1</a>, <a href="IV_LRest.html#wp267066">2</a>, <a href="VI_glossary.html#wp1043214">3</a>
</p>
<a name="wp147255"> </a><p class="pLevel1IX">
Constant dollars<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_OASDHI_dollars.html#wp106876">1</a>
</p>
<a name="wp147257"> </a><p class="pLevel1IX">
Consumer Price Index<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp152741">1</a>, <a href="VI_LRsensitivity.html#wp93311">2</a>, <a href="VI_OASDHI_dollars.html#wp116389">3</a>, <a href="VI_glossary.html#wp1007005">4</a>
</p>
<a name="wp147262"> </a><p class="pLevel1IX">
Contribution and benefit base<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp90409">1</a>, <a href="V_economic.html#wp152758">2</a>, <a href="V_programatic.html#wp96183">3</a>, <a href="VI_cyoper_history.html#wp90332">4</a>, <a href="VI_OASDHI_dollars.html#wp92495">5</a>, <a href="VI_glossary.html#wp1006999">6</a>
</p>
<a name="wp147269"> </a><p class="pLevel1IX">
Contributions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_cyoper.html#wp95635">1</a>, <a href="IV_LRest.html#wp178405">2</a>, <a href="VI_cyoper_history.html#wp90309">3</a>, <a href="VI_SRfyproj.html#wp179589">4</a>, <a href="VI_OASDHI_payroll.html#wp92744">5</a>, <a href="VI_OASDHI_GDP.html#wp102352">6</a>, <a href="VI_OASDHI_dollars.html#wp99491">7</a>, <a href="VI_glossary.html#wp1006983">8</a>
</p>
<a name="wp147278"> </a><p class="pLevel1IX">
Cost rate<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp89109">1</a>, <a href="II_project.html#wp109195">2</a>, <a href="IV_LRest.html#wp154978">3</a>, <a href="V_programatic.html#wp122060">4</a>, <a href="VI_OASDHI_payroll.html#wp101354">5</a>
</p>
<a name="wp147284"> </a><p class="pLevel1IX">
Cost-of-living adjustment<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp96174">1</a>
</p>
<a name="wp147286"> </a><p class="pLevel1IX">
Covered earnings<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_cyoper.html#wp95635">1</a>, <a href="V_programatic.html#wp143074">2</a>, <a href="VI_OASDHI_GDP.html#wp125493">3</a>
</p>
<a name="wp147290"> </a><p class="pLevel1IX">
Covered employment<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_assump.html#wp93352">1</a>, <a href="IV_SRest.html#wp90409">2</a>, <a href="V_economic.html#wp152758">3</a>, <a href="V_programatic.html#wp121228">4</a>, <a href="VI_cyoper_history.html#wp90309">5</a>, <a href="VI_LRsensitivity.html#wp93102">6</a>
</p>
<a name="wp147297"> </a><p class="pLevel1IX">
Covered worker<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp222191">1</a>, <a href="V_programatic.html#wp122044">2</a>, <a href="VI_LRsensitivity.html#wp92891">3</a>
</p>
<a name="wp147301"> </a><p class="pLevel1IX">
Creditable earnings<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_glossary.html#wp1005523">1</a>
</p>
<a name="wp147303"> </a><p class="pLevel1IX">
Current dollars<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_OASDHI_dollars.html#wp92474">1</a>
</p>
<a name="wp147305"> </a><p class="pLevel1IX">
Current-payment status<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp181448">1</a>, <a href="V_programatic.html#wp157799">2</a>, <a href="VI_glossary.html#wp1007020">3</a>
</p>
<a name="IX_D"> </a>
<a name="wp147309"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
D
</h2>
<a name="wp147311"> </a><p class="pLevel1IX">
Deemed wage credit<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp178414">1</a>, <a href="V_programatic.html#wp122060">2</a>, <a href="VI_cyoper_history.html#wp90309">3</a>
</p>
<a name="wp147315"> </a><p class="pLevel1IX">
Delayed retirement credit<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp121305">1</a>
</p>
<a name="wp147317"> </a><p class="pLevel1IX">
Demographic assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999751">1</a>, <a href="II_assump.html#wp95159">2</a>, <a href="II_project.html#wp107803">3</a>, <a href="IV_SRest.html#wp203486">4</a>, <a href="IV_LRest.html#wp189677">5</a>, <a href="V_demographic.html#wp79489">6</a>, <a href="V_economic.html#wp168759">7</a>, <a href="V_programatic.html#wp143074">8</a>, <a href="VI_LRact_bal.html#wp92481">9</a>, <a href="VI_OASDHI_dollars.html#wp92513">10</a>, <a href="VI_glossary.html#wp1041544">11</a>
</p>
<a name="wp147329"> </a><p class="pLevel1IX">
Deterministic model<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_stochastic.html#wp100962">1</a>, <a href="VI_stochastic.html#wp102719">2</a>, <a href="VI_glossary.html#wp1042981">3</a>
</p>
<a name="wp147333"> </a><p class="pLevel1IX">
DI beneficiaries<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp89099">1</a>
</p>
<a name="wp147335"> </a><p class="pLevel1IX">
Disability<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_cyoper_history.html#wp117713">1</a>, <a href="VI_LRsensitivity.html#wp92891">2</a>, <a href="VI_OASIforDI.html#wp94483">3</a>
</p>
<a name="wp147339"> </a><p class="pLevel1IX">
Disability incidence rate<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp254162">1</a>, <a href="V_demographic.html#wp101919">2</a>, <a href="V_programatic.html#wp122126">3</a>, <a href="VI_LRsensitivity.html#wp92891">4</a>, <a href="VI_LRsensitivity.html#wp103017">5</a>, <a href="VI_glossary.html#wp1041544">6</a>
</p>
<a name="wp147346"> </a><p class="pLevel1IX">
Disability Insurance Trust Fund<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999750">1</a>, <a href="VI_glossary.html#wp1007028">2</a>
</p>
<a name="wp147349"> </a><p class="pLevel1IX">
Disability termination rate<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_LRsensitivity.html#wp93910">1</a>
</p>
<a name="wp147351"> </a><p class="pLevel1IX">
Disabled-worker benefit<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp122126">1</a>, <a href="VI_glossary.html#wp1005542">2</a>
</p>
<a name="wp147354"> </a><p class="pLevel1IX">
Disbursements<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="III_cyoper.html#wp79478">1</a>, <a href="III_cyoper.html#wp127191">2</a>, <a href="III_cyoper.html#wp86640">3</a>, <a href="III_cyoper.html#wp92144">4</a>, <a href="III_cyoper.html#wp113757">5</a>, <a href="III_cyoper.html#wp107913">6</a>, <a href="IV_SRest.html#wp203750">7</a>, <a href="VI_SRfyproj.html#wp179719">8</a>, <a href="VI_SRfyproj.html#wp180267">9</a>, <a href="VI_SRfyproj.html#wp180597">10</a>, <a href="VI_OASIforDI.html#wp98988">11</a>, <a href="VI_OASIforDI.html#wp93274">12</a>
</p>
<a name="IX_E"> </a>
<a name="wp147367"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
E
</h2>
<a name="wp147369"> </a><p class="pLevel1IX">
Earnings<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp88684">1</a>, <a href="II_cyoper.html#wp95635">2</a>, <a href="IV_SRest.html#wp90409">3</a>, <a href="IV_LRest.html#wp178405">4</a>, <a href="V_economic.html#wp131323">5</a>, <a href="V_programatic.html#wp96182">6</a>, <a href="VI_cyoper_history.html#wp90309">7</a>, <a href="VI_LRact_bal.html#wp92490">8</a>, <a href="VI_OASDHI_payroll.html#wp101354">9</a>, <a href="VI_OASDHI_GDP.html#wp125493">10</a>, <a href="VI_OASDHI_dollars.html#wp92495">11</a>, <a href="VI_OASDHI_dollars.html#wp116204">12</a>, <a href="VI_glossary.html#wp1041544">13</a>
</p>
<a name="wp147383"> </a><p class="pLevel1IX">
Earnings test<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp152758">1</a>, <a href="V_programatic.html#wp96217">2</a>, <a href="VI_glossary.html#wp1006999">3</a>
</p>
<a name="wp147387"> </a><p class="pLevel1IX">
Economic assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999751">1</a>, <a href="II_assump.html#wp95159">2</a>, <a href="II_project.html#wp107815">3</a>, <a href="IV_SRest.html#wp203486">4</a>, <a href="IV_SRest.html#wp203255">5</a>, <a href="IV_LRest.html#wp189677">6</a>, <a href="V_economic.html#wp170227">7</a>, <a href="V_economic.html#wp168759">8</a>, <a href="V_programatic.html#wp143074">9</a>, <a href="VI_LRact_bal.html#wp92481">10</a>, <a href="VI_OASDHI_dollars.html#wp92513">11</a>, <a href="VI_glossary.html#wp1041544">12</a>
</p>
<a name="wp147400"> </a><p class="pLevel1IX">
Excess wages<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp178414">1</a>, <a href="V_programatic.html#wp122060">2</a>, <a href="VI_OASDHI_dollars.html#wp116204">3</a>
</p>
<a name="wp147404"> </a><p class="pLevel1IX">
Expenditures<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999751">1</a>, <a href="II_highlights.html#wp88688">2</a>, <a href="II_cyoper.html#wp95001">3</a>, <a href="II_assump.html#wp95159">4</a>, <a href="III_cyoper.html#wp94454">5</a>, <a href="III_cyoper.html#wp82961">6</a>, <a href="III_cyoper.html#wp83991">7</a>, <a href="IV_SRest.html#wp203750">8</a>, <a href="IV_SRest.html#wp112733">9</a>, <a href="IV_SRest.html#wp209801">10</a>, <a href="IV_LRest.html#wp179704">11</a>, <a href="VI_cyoper_history.html#wp91500">12</a>, <a href="VI_cyoper_history.html#wp113104">13</a>, <a href="VI_cyoper_history.html#wp120802">14</a>, <a href="VI_cyoper_history.html#wp96474">15</a>, <a href="VI_glossary.html#wp1042802">16</a>
</p>
<a name="IX_F"> </a>
<a name="wp147421"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
F
</h2>
<a name="wp147423"> </a><p class="pLevel1IX">
Federal Insurance Contributions Act<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_OASDHI_payroll.html#wp92744">1</a>, <a href="VI_glossary.html#wp1005497">2</a>
</p>
<a name="wp147426"> </a><p class="pLevel1IX">
Fertility assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_demographic.html#wp79491">1</a>
</p>
<a name="wp147428"> </a><p class="pLevel1IX">
Financial interchange<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_cyoper.html#wp95532">1</a>, <a href="V_programatic.html#wp90091">2</a>, <a href="VI_cyoper_history.html#wp91513">3</a>
</p>
<a name="wp147432"> </a><p class="pLevel1IX">
Fiscal year<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_demographic.html#wp79520">1</a>, <a href="VI_cyoper_history.html#wp113140">2</a>, <a href="VI_SRfyproj.html#wp185082">3</a>
</p>
<a name="wp147436"> </a><p class="pLevel1IX">
Full advance funding<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_glossary.html#wp1043447">1</a>
</p>
<a name="IX_G"> </a>
<a name="wp147438"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
G
</h2>
<a name="wp147440"> </a><p class="pLevel1IX">
General Fund of the Treasury<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp178190">1</a>, <a href="IV_SRest.html#wp91164">2</a>, <a href="V_programatic.html#wp146816">3</a>, <a href="VI_cyoper_history.html#wp91478">4</a>, <a href="VI_OASDHI_GDP.html#wp102352">5</a>, <a href="VI_OASDHI_dollars.html#wp99491">6</a>, <a href="VI_glossary.html#wp1006985">7</a>, <a href="VI_glossary.html#wp1007080">8</a>
</p>
<a name="wp147449"> </a><p class="pLevel1IX">
General fund reimbursement<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_glossary.html#wp1005571">1</a>
</p>
<a name="wp147451"> </a><p class="pLevel1IX">
Gross domestic product<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp89109">1</a>, <a href="IV_LRest.html#wp222177">2</a>, <a href="V_demographic.html#wp101919">3</a>, <a href="V_economic.html#wp173511">4</a>, <a href="VI_OASDHI_GDP.html#wp113389">5</a>
</p>
<a name="wp147457"> </a><p class="pLevel1IX">
Gross domestic product projections<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp168800">1</a>
</p>
<a name="IX_H"> </a>
<a name="wp147459"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
H
</h2>
<a name="wp147461"> </a><p class="pLevel1IX">
High cost assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999752">1</a>, <a href="II_assump.html#wp94982">2</a>, <a href="II_project.html#wp107672">3</a>, <a href="IV_SRest.html#wp181205">4</a>, <a href="IV_LRest.html#wp144314">5</a>, <a href="V_demographic.html#wp79481">6</a>, <a href="V_economic.html#wp168840">7</a>, <a href="V_programatic.html#wp89107">8</a>, <a href="VI_LRsensitivity.html#wp92463">9</a>, <a href="VI_OASDHI_payroll.html#wp93136">10</a>, <a href="VI_OASDHI_GDP.html#wp123774">11</a>, <a href="VI_OASDHI_dollars.html#wp116389">12</a>, <a href="VI_glossary.html#wp1041554">13</a>
</p>
<a name="wp147475"> </a><p class="pLevel1IX">
Hospital Insurance program<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_cyoper_history.html#wp119069">1</a>, <a href="VI_OASDHI_payroll.html#wp92738">2</a>, <a href="VI_glossary.html#wp1007169">3</a>
</p>
<a name="wp147479"> </a><p class="pLevel1IX">
Hospital Insurance Trust Fund<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_OASDHI_GDP.html#wp92470">1</a>
</p>
<a name="IX_I"> </a>
<a name="wp147481"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
I
</h2>
<a name="wp147483"> </a><p class="pLevel1IX">
Immigration<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_assump.html#wp95159">1</a>, <a href="V_demographic.html#wp101919">2</a>, <a href="V_demographic.html#wp79490">3</a>, <a href="V_demographic.html#wp79519">4</a>, <a href="V_demographic.html#wp159547">5</a>, <a href="VI_LRsensitivity.html#wp92900">6</a>, <a href="VI_stochastic.html#wp100962">7</a>, <a href="VI_glossary.html#wp1041544">8</a>, <a href="VI_glossary.html#wp1043023">9</a>
</p>
<a name="wp147493"> </a><p class="pLevel1IX">
Immigration assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_demographic.html#wp79519">1</a>
</p>
<a name="wp147495"> </a><p class="pLevel1IX">
Income rate<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp89109">1</a>, <a href="II_project.html#wp109195">2</a>, <a href="IV_LRest.html#wp154978">3</a>, <a href="VI_OASDHI_payroll.html#wp101354">4</a>
</p>
<a name="wp147500"> </a><p class="pLevel1IX">
Inflation<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_assump.html#wp95159">1</a>, <a href="V_demographic.html#wp101919">2</a>, <a href="V_economic.html#wp131314">3</a>, <a href="VI_OASDHI_dollars.html#wp92474">4</a>, <a href="VI_glossary.html#wp1041544">5</a>
</p>
<a name="wp147506"> </a><p class="pLevel1IX">
Inflation assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp131314">1</a>
</p>
<a name="wp147508"> </a><p class="pLevel1IX">
Insured population<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_assump.html#wp95159">1</a>, <a href="V_programatic.html#wp87218">2</a>
</p>
<a name="wp147511"> </a><p class="pLevel1IX">
Insured status<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp209708">1</a>, <a href="V_programatic.html#wp96259">2</a>
</p>
<a name="wp147514"> </a><p class="pLevel1IX">
Interest<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp90409">1</a>, <a href="V_economic.html#wp168823">2</a>, <a href="VI_cyoper_history.html#wp91484">3</a>, <a href="VI_LRact_bal.html#wp92481">4</a>, <a href="VI_SRfyproj.html#wp179670">5</a>, <a href="VI_OASDHI_payroll.html#wp93136">6</a>, <a href="VI_OASDHI_GDP.html#wp102352">7</a>, <a href="VI_OASDHI_dollars.html#wp92524">8</a>, <a href="VI_glossary.html#wp1006985">9</a>
</p>
<a name="wp147524"> </a><p class="pLevel1IX">
Interest rate<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp90418">1</a>, <a href="V_demographic.html#wp101919">2</a>, <a href="VI_cyoper_history.html#wp91489">3</a>, <a href="VI_LRact_bal.html#wp92481">4</a>, <a href="VI_LRsensitivity.html#wp93516">5</a>, <a href="VI_OASDHI_dollars.html#wp92524">6</a>, <a href="VI_glossary.html#wp1041544">7</a>
</p>
<a name="wp147532"> </a><p class="pLevel1IX">
Interest rate projections<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp168822">1</a>
</p>
<a name="wp147534"> </a><p class="pLevel1IX">
Interfund borrowing<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_cyoper_history.html#wp113140">1</a>, <a href="VI_glossary.html#wp1007080">2</a>
</p>
<a name="wp147537"> </a><p class="pLevel1IX">
Intermediate assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp203486">1</a>, <a href="IV_SRest.html#wp90418">2</a>, <a href="IV_SRest.html#wp178552">3</a>, <a href="IV_LRest.html#wp144314">4</a>, <a href="V_demographic.html#wp79481">5</a>, <a href="V_programatic.html#wp89107">6</a>, <a href="VI_LRsensitivity.html#wp92463">7</a>, <a href="VI_OASDHI_payroll.html#wp105570">8</a>, <a href="VI_OASDHI_GDP.html#wp123774">9</a>, <a href="VI_OASDHI_dollars.html#wp116389">10</a>, <a href="VI_OASDHI_dollars.html#wp106876">11</a>, <a href="VI_OASIforDI.html#wp92481">12</a>, <a href="VI_glossary.html#wp1041552">13</a>
</p>
<a name="IX_L"> </a>
<a name="wp147551"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
L
</h2>
<a name="wp147555"> </a><p class="pLevel1IX">
Labor force projections<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp160921">1</a>
</p>
<a name="wp147557"> </a><p class="pLevel1IX">
Legal immigration<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_demographic.html#wp79520">1</a>, <a href="V_demographic.html#wp159569">2</a>, <a href="VI_glossary.html#wp1043061">3</a>
</p>
<a name="wp147561"> </a><p class="pLevel1IX">
Life expectancy<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp89072">1</a>, <a href="II_conclu.html#wp89429">2</a>, <a href="V_demographic.html#wp101919">3</a>, <a href="V_demographic.html#wp102065">4</a>, <a href="V_economic.html#wp161181">5</a>, <a href="VI_glossary.html#wp1043091">6</a>
</p>
<a name="wp147568"> </a><p class="pLevel1IX">
Life expectancy estimates<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_demographic.html#wp90100">1</a>
</p>
<a name="wp147570"> </a><p class="pLevel1IX">
Long range<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_project.html#wp101499">1</a>, <a href="IV_LRest.html#wp239829">2</a>, <a href="V_demographic.html#wp79484">3</a>, <a href="V_economic.html#wp178065">4</a>, <a href="V_programatic.html#wp87226">5</a>, <a href="VI_LRact_bal.html#wp102673">6</a>, <a href="VI_OASDHI_payroll.html#wp92738">7</a>, <a href="VI_OASDHI_GDP.html#wp92470">8</a>, <a href="VI_OASDHI_dollars.html#wp92474">9</a>
</p>
<a name="wp147580"> </a><p class="pLevel1IX">
Low cost assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999752">1</a>, <a href="II_assump.html#wp94980">2</a>, <a href="II_project.html#wp107672">3</a>, <a href="IV_SRest.html#wp178552">4</a>, <a href="IV_LRest.html#wp144314">5</a>, <a href="V_demographic.html#wp79481">6</a>, <a href="V_programatic.html#wp89107">7</a>, <a href="VI_LRsensitivity.html#wp92463">8</a>, <a href="VI_OASDHI_payroll.html#wp105570">9</a>, <a href="VI_OASDHI_payroll.html#wp104921">10</a>, <a href="VI_OASDHI_dollars.html#wp116389">11</a>, <a href="VI_glossary.html#wp1041553">12</a>
</p>
<a name="wp147593"> </a><p class="pLevel1IX">
Lump-sum death payment<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp90088">1</a>
</p>
<a name="IX_M"> </a>
<a name="wp147595"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
M
</h2>
<a name="wp147597"> </a><p class="pLevel1IX">
Maximum family benefit<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp85401">1</a>
</p>
<a name="wp147599"> </a><p class="pLevel1IX">
Medicare<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_demographic.html#wp155206">1</a>, <a href="VI_glossary.html#wp1007169">2</a>
</p>
<a name="wp147602"> </a><p class="pLevel1IX">
Military service<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp178190">1</a>, <a href="IV_LRest.html#wp178414">2</a>, <a href="V_economic.html#wp152760">3</a>, <a href="V_programatic.html#wp122060">4</a>, <a href="V_programatic.html#wp146824">5</a>, <a href="VI_cyoper_history.html#wp90309">6</a>, <a href="VI_glossary.html#wp1005602">7</a>
</p>
<a name="IX_N"> </a>
<a name="wp147610"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
N
</h2>
<a name="wp147612"> </a><p class="pLevel1IX">
National average wage index<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp147567">1</a>, <a href="VI_OASDHI_dollars.html#wp92495">2</a>
</p>
<a name="wp147615"> </a><p class="pLevel1IX">
Normal retirement age<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp96217">1</a>, <a href="VI_OASDHI_dollars.html#wp114330">2</a>, <a href="VI_glossary.html#wp1025756">3</a>
</p>
<a name="IX_O"> </a>
<a name="wp147619"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
O
</h2>
<a name="wp147621"> </a><p class="pLevel1IX">
OASI beneficiaries<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp87223">1</a>
</p>
<a name="wp147623"> </a><p class="pLevel1IX">
Old-Age and Survivors Insurance Trust Fund<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999750">1</a>, <a href="VI_cyoper_history.html#wp117713">2</a>, <a href="VI_glossary.html#wp1007028">3</a>
</p>
<a name="wp147627"> </a><p class="pLevel1IX">
Old-law base<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp85405">1</a>
</p>
<a name="wp147629"> </a><p class="pLevel1IX">
Open group unfunded obligation<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp88692">1</a>, <a href="II_project.html#wp107466">2</a>, <a href="II_project.html#wp109619">3</a>, <a href="IV_LRest.html#wp253574">4</a>, <a href="IV_LRest.html#wp241124">5</a>, <a href="IV_LRest.html#wp253758">6</a>, <a href="VI_stochastic.html#wp101125">7</a>, <a href="VI_glossary.html#wp1043215">8</a>, <a href="VI_glossary.html#wp1043251">9</a>
</p>
<a name="wp147639"> </a><p class="pLevel1IX">
Other immigration<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_demographic.html#wp79521">1</a>, <a href="VI_LRsensitivity.html#wp100057">2</a>, <a href="VI_stochastic.html#wp100962">3</a>, <a href="VI_glossary.html#wp1043123">4</a>
</p>
<a name="IX_P"> </a>
<a name="wp147644"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
P
</h2>
<a name="wp147646"> </a><p class="pLevel1IX">
Par value<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_cyoper_history.html#wp124386">1</a>, <a href="VI_glossary.html#wp1007042">2</a>
</p>
<a name="wp147649"> </a><p class="pLevel1IX">
Partial advance funding<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_glossary.html#wp1005690">1</a>
</p>
<a name="wp147651"> </a><p class="pLevel1IX">
Pay-as-you-go financing<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_LRact_bal.html#wp92481">1</a>
</p>
<a name="wp147653"> </a><p class="pLevel1IX">
Payment cycling<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp90394">1</a>
</p>
<a name="wp147655"> </a><p class="pLevel1IX">
Payroll taxes<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp88684">1</a>, <a href="II_conclu.html#wp89431">2</a>, <a href="IV_LRest.html#wp178405">3</a>, <a href="IV_LRest.html#wp189766">4</a>, <a href="IV_LRest.html#wp148844">5</a>, <a href="V_programatic.html#wp143074">6</a>, <a href="V_programatic.html#wp121260">7</a>, <a href="VI_LRact_bal.html#wp103146">8</a>, <a href="VI_LRsensitivity.html#wp100874">9</a>, <a href="VI_OASDHI_payroll.html#wp92738">10</a>, <a href="VI_OASDHI_dollars.html#wp99491">11</a>
</p>
<a name="wp147667"> </a><p class="pLevel1IX">
Population estimates<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_demographic.html#wp81231">1</a>
</p>
<a name="wp147669"> </a><p class="pLevel1IX">
Population in the Social Security area<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp90409">1</a>, <a href="IV_LRest.html#wp267346">2</a>, <a href="V_demographic.html#wp133005">3</a>, <a href="V_economic.html#wp161181">4</a>, <a href="V_programatic.html#wp122044">5</a>, <a href="VI_LRsensitivity.html#wp100057">6</a>
</p>
<a name="wp147676"> </a><p class="pLevel1IX">
Present value<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_LRact_bal.html#wp102673">1</a>
</p>
<a name="wp147678"> </a><p class="pLevel1IX">
Primary insurance amount (PIA)<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp85398">1</a>
</p>
<a name="wp147680"> </a><p class="pLevel1IX">
Productivity assumptions<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp131307">1</a>
</p>
<a name="IX_Q"> </a>
<a name="wp147682"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
Q
</h2>
<a name="wp147684"> </a><p class="pLevel1IX">
Quarters of coverage<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp178405">1</a>, <a href="VI_glossary.html#wp1007080">2</a>
</p>
<a name="IX_R"> </a>
<a name="wp147687"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
R
</h2>
<a name="wp147689"> </a><p class="pLevel1IX">
Railroad Retirement<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp178425">1</a>, <a href="V_programatic.html#wp85405">2</a>, <a href="V_programatic.html#wp90091">3</a>, <a href="VI_cyoper_history.html#wp91513">4</a>, <a href="VI_SRfyproj.html#wp179777">5</a>, <a href="VI_OASDHI_payroll.html#wp101354">6</a>, <a href="VI_OASDHI_GDP.html#wp102352">7</a>, <a href="VI_OASDHI_dollars.html#wp99491">8</a>, <a href="VI_glossary.html#wp1007080">9</a>
</p>
<a name="wp147699"> </a><p class="pLevel1IX">
Reallocation of tax rates<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_glossary.html#wp1005728">1</a>
</p>
<a name="wp147701"> </a><p class="pLevel1IX">
Real-wage differential<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp133682">1</a>, <a href="VI_LRsensitivity.html#wp93102">2</a>
</p>
<a name="wp147704"> </a><p class="pLevel1IX">
Recession<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp90334">1</a>, <a href="V_economic.html#wp168840">2</a>
</p>
<a name="wp147707"> </a><p class="pLevel1IX">
Retired-worker benefit<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp147069">1</a>, <a href="VI_LRsensitivity.html#wp92891">2</a>, <a href="VI_OASIforDI.html#wp92481">3</a>
</p>
<a name="wp147711"> </a><p class="pLevel1IX">
Retirement age<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_project.html#wp107485">1</a>, <a href="IV_SRest.html#wp209796">2</a>, <a href="IV_LRest.html#wp189347">3</a>, <a href="V_programatic.html#wp96217">4</a>, <a href="VI_OASDHI_GDP.html#wp123774">5</a>, <a href="VI_OASDHI_dollars.html#wp114330">6</a>, <a href="VI_glossary.html#wp1025756">7</a>
</p>
<a name="wp147719"> </a><p class="pLevel1IX">
Retirement earnings test<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp152758">1</a>, <a href="V_programatic.html#wp96217">2</a>
</p>
<a name="IX_S"> </a>
<a name="wp147722"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
S
</h2>
<a name="wp147724"> </a><p class="pLevel1IX">
Self-employment<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp178414">1</a>, <a href="V_economic.html#wp152741">2</a>, <a href="V_programatic.html#wp122060">3</a>, <a href="VI_cyoper_history.html#wp90309">4</a>, <a href="VI_OASDHI_payroll.html#wp93046">5</a>, <a href="VI_glossary.html#wp1005503">6</a>
</p>
<a name="wp147731"> </a><p class="pLevel1IX">
Self-Employment Contributions Act<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_glossary.html#wp1005503">1</a>
</p>
<a name="wp147733"> </a><p class="pLevel1IX">
Sensitivity analysis<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_LRsensitivity.html#wp100512">1</a>
</p>
<a name="wp147735"> </a><p class="pLevel1IX">
Short range<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_project.html#wp77337">1</a>, <a href="IV_SRest.html#wp90333">2</a>, <a href="IV_LRest.html#wp179692">3</a>, <a href="V_economic.html#wp168840">4</a>, <a href="V_programatic.html#wp147069">5</a>, <a href="V_programatic.html#wp123329">6</a>
</p>
<a name="wp147742"> </a><p class="pLevel1IX">
Social Security Act<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp143074">1</a>, <a href="VI_cyoper_history.html#wp91489">2</a>, <a href="VI_OASDHI_dollars.html#wp92495">3</a>, <a href="VI_OASIforDI.html#wp94233">4</a>, <a href="VI_glossary.html#wp1007028">5</a>
</p>
<a name="wp147748"> </a><p class="pLevel1IX">
Social Security amendments<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="III_amdmts.html#wp90567">1</a>
</p>
<a name="wp147750"> </a><p class="pLevel1IX">
Solvency<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999753">1</a>, <a href="II_highlights.html#wp88577">2</a>, <a href="II_project.html#wp108443">3</a>, <a href="IV_SRest.html#wp90343">4</a>, <a href="IV_LRest.html#wp189677">5</a>, <a href="VI_glossary.html#wp1043273">6</a>
</p>
<a name="wp147757"> </a><p class="pLevel1IX">
Special public-debt obligation<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp91164">1</a>, <a href="V_economic.html#wp163868">2</a>, <a href="VI_cyoper_history.html#wp91484">3</a>, <a href="VI_LRsensitivity.html#wp93520">4</a>, <a href="VI_OASDHI_dollars.html#wp92524">5</a>
</p>
<a name="wp147763"> </a><p class="pLevel1IX">
Stochastic projections<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp999752">1</a>, <a href="V_economic.html#wp173690">2</a>, <a href="VI_stochastic.html#wp100952">3</a>
</p>
<a name="wp147767"> </a><p class="pLevel1IX">
Substantial gainful activity<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp130842">1</a>, <a href="VI_glossary.html#wp1007092">2</a>
</p>
<a name="wp147770"> </a><p class="pLevel1IX">
Summarized balance<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_OASDHI_GDP.html#wp92514">1</a>
</p>
<a name="wp147772"> </a><p class="pLevel1IX">
Summarized income and cost rates<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp192932">1</a>, <a href="VI_LRact_bal.html#wp102673">2</a>, <a href="VI_LRsensitivity.html#wp100874">3</a>, <a href="VI_OASDHI_payroll.html#wp105250">4</a>, <a href="VI_glossary.html#wp1039922">5</a>
</p>
<a name="wp147778"> </a><p class="pLevel1IX">
Supplemental Security Income<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp209708">1</a>, <a href="VI_SRfyproj.html#wp179690">2</a>
</p>
<a name="wp147781"> </a><p class="pLevel1IX">
Supplementary Medical Insurance program<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_OASDHI_payroll.html#wp92738">1</a>, <a href="VI_glossary.html#wp1007169">2</a>
</p>
<a name="wp147784"> </a><p class="pLevel1IX">
Survivor benefit<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp88684">1</a>, <a href="II_cyoper.html#wp95176">2</a>, <a href="V_programatic.html#wp87237">3</a>, <a href="VI_glossary.html#wp1007003">4</a>
</p>
<a name="IX_T"> </a>
<a name="wp147789"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
T
</h2>
<a name="wp147791"> </a><p class="pLevel1IX">
Taxable earnings<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp90409">1</a>, <a href="IV_LRest.html#wp267346">2</a>, <a href="V_programatic.html#wp96182">3</a>, <a href="VI_cyoper_history.html#wp90331">4</a>, <a href="VI_LRact_bal.html#wp92490">5</a>, <a href="VI_OASDHI_GDP.html#wp95955">6</a>, <a href="VI_glossary.html#wp1006999">7</a>
</p>
<a name="wp147799"> </a><p class="pLevel1IX">
Taxable payroll<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_highlights.html#wp88692">1</a>, <a href="II_project.html#wp107466">2</a>, <a href="II_conclu.html#wp89430">3</a>, <a href="IV_LRest.html#wp178405">4</a>, <a href="V_economic.html#wp152741">5</a>, <a href="V_programatic.html#wp121260">6</a>, <a href="VI_LRact_bal.html#wp102673">7</a>, <a href="VI_LRsensitivity.html#wp97163">8</a>, <a href="VI_OASDHI_payroll.html#wp101354">9</a>, <a href="VI_OASDHI_GDP.html#wp92470">10</a>, <a href="VI_OASDHI_dollars.html#wp116204">11</a>, <a href="VI_glossary.html#wp1007080">12</a>
</p>
<a name="wp147812"> </a><p class="pLevel1IX">
Taxable self-employment income<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_cyoper_history.html#wp90309">1</a>, <a href="VI_glossary.html#wp1007254">2</a>
</p>
<a name="wp147815"> </a><p class="pLevel1IX">
Taxable wages<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp150113">1</a>, <a href="VI_cyoper_history.html#wp93259">2</a>, <a href="VI_glossary.html#wp1007252">3</a>
</p>
<a name="wp147819"> </a><p class="pLevel1IX">
Taxation of benefits<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_cyoper.html#wp95486">1</a>, <a href="IV_LRest.html#wp178405">2</a>, <a href="V_programatic.html#wp129121">3</a>, <a href="VI_OASDHI_GDP.html#wp102352">4</a>, <a href="VI_OASDHI_dollars.html#wp99491">5</a>, <a href="VI_glossary.html#wp1007154">6</a>
</p>
<a name="wp147826"> </a><p class="pLevel1IX">
Taxes<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_cyoper.html#wp95635">1</a>, <a href="V_programatic.html#wp143074">2</a>, <a href="VI_cyoper_history.html#wp90330">3</a>, <a href="VI_OASDHI_payroll.html#wp93046">4</a>, <a href="VI_glossary.html#wp1005554">5</a>
</p>
<a name="wp147832"> </a><p class="pLevel1IX">
Termination<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp209796">1</a>, <a href="V_demographic.html#wp101919">2</a>
</p>
<a name="wp147835"> </a><p class="pLevel1IX">
Termination rate<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_assump.html#wp95159">1</a>, <a href="IV_SRest.html#wp209796">2</a>, <a href="V_programatic.html#wp147069">3</a>, <a href="VI_LRsensitivity.html#wp93910">4</a>, <a href="VI_glossary.html#wp1041544">5</a>
</p>
<a name="wp147841"> </a><p class="pLevel1IX">
Test of short-range financial adequacy<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_SRest.html#wp90343">1</a>, <a href="VI_glossary.html#wp1007232">2</a>
</p>
<a name="wp147844"> </a><p class="pLevel1IX">
Total fertility rate<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_demographic.html#wp155187">1</a>, <a href="VI_LRsensitivity.html#wp100885">2</a>
</p>
<a name="wp147847"> </a><p class="pLevel1IX">
Trust fund financial operations<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_cyoper.html#wp94983">1</a>, <a href="III_cyoper.html#wp84778">2</a>, <a href="IV_SRest.html#wp90386">3</a>, <a href="VI_cyoper_history.html#wp90303">4</a>
</p>
<a name="wp147852"> </a><p class="pLevel1IX">
Trust fund financial operations, FY<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_SRfyproj.html#wp157459">1</a>
</p>
<a name="wp147854"> </a><p class="pLevel1IX">
Trust fund ratio<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_project.html#wp107457">1</a>, <a href="IV_SRest.html#wp90334">2</a>, <a href="IV_LRest.html#wp253574">3</a>, <a href="IV_LRest.html#wp179686">4</a>, <a href="VI_cyoper_history.html#wp113172">5</a>, <a href="VI_SRfyproj.html#wp194301">6</a>, <a href="VI_glossary.html#wp1005847">7</a>
</p>
<a name="IX_U"> </a>
<a name="wp147862"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
U
</h2>
<a name="wp147864"> </a><p class="pLevel1IX">
Unemployment projections<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_economic.html#wp160921">1</a>
</p>
<a name="wp147866"> </a><p class="pLevel1IX">
Unfunded obligation<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp998290">1</a>, <a href="II_highlights.html#wp88692">2</a>, <a href="II_project.html#wp107466">3</a>, <a href="II_project.html#wp107504">4</a>, <a href="II_project.html#wp109619">5</a>, <a href="IV_LRest.html#wp253574">6</a>, <a href="IV_LRest.html#wp241124">7</a>, <a href="IV_LRest.html#wp254423">8</a>, <a href="IV_LRest.html#wp267012">9</a>, <a href="VI_stochastic.html#wp101125">10</a>, <a href="VI_glossary.html#wp1043214">11</a>, <a href="VI_glossary.html#wp1043251">12</a>, <a href="VI_glossary.html#wp1043291">13</a>
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<a name="wp147880"> </a><p class="pLevel1IX">
Uninsured persons<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="V_programatic.html#wp90094">1</a>
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<a name="wp147882"> </a><p class="pLevel1IX">
Unnegotiated check<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="VI_cyoper_history.html#wp113140">1</a>, <a href="VI_SRfyproj.html#wp179759">2</a>
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<a name="IX_V"> </a>
<a name="wp147885"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
V
</h2>
<a name="wp147887"> </a><p class="pLevel1IX">
Valuation period<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="I_intro.html#wp998290">1</a>, <a href="II_project.html#wp107503">2</a>, <a href="IV_LRest.html#wp253574">3</a>, <a href="VI_LRact_bal.html#wp92478">4</a>, <a href="VI_LRsensitivity.html#wp100874">5</a>, <a href="VI_OASDHI_payroll.html#wp105250">6</a>, <a href="VI_glossary.html#wp1039922">7</a>
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<a name="wp147895"> </a><p class="pLevel1IX">
Vocational rehabilitation<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="IV_LRest.html#wp178425">1</a>, <a href="VI_cyoper_history.html#wp91513">2</a>, <a href="VI_SRfyproj.html#wp180325">3</a>, <a href="VI_OASDHI_GDP.html#wp102352">4</a>, <a href="VI_OASDHI_dollars.html#wp99491">5</a>, <a href="VI_OASIforDI.html#wp94959">6</a>, <a href="VI_glossary.html#wp1007080">7</a>
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<a name="IX_Y"> </a>
<a name="wp147903"> </a><h2 style="color: #000000; font-family: Times New Roman, Georgia, Times, serif; font-weight: bold">
Y
</h2>
<a name="wp147907"> </a><p class="pLevel1IX">
Year of exhaustion<span style="font-family: Times New Roman, Georgia, Times, serif">&#160;</span><a href="II_project.html#wp109195">1</a>, <a href="II_project.html#wp105724">2</a>, <a href="II_conclu.html#wp89431">3</a>, <a href="IV_LRest.html#wp253574">4</a>, <a href="IV_LRest.html#wp210170">5</a>
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