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Choosing the Nation's Fiscal Future (2010)
National Research Council (NRC)

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. "Appendix F: Constructing Multiple Paths to Sustainability." Choosing the Nation's Fiscal Future. Washington, DC: The National Academies Press, 2010.

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Choosing the Nation’s Fiscal Future

TABLE F-17 Projected Social Security Cash Flow as Percentages of GDP: Current Law Compared with Four Committee Scenarios

Current Law and Four Scenarios

2020

2035

2050

2084

Current Law

−0.5

−1.4

−1.2

−1.5

Low (Option 1)

−0.3

−0.8

−0.2

−0.1

Delayed 5 yrs

−0.5

−0.9

−0.3

−0.1

Delayed 10 yrs

−0.5

−1.0

−0.5

−0.1

Intermediate-1 (Option 2)

−0.3

−0.8

−0.2

0.0

Delayed 5 yrs

−0.5

−0.9

−0.1

−0.1

Delayed 10 yrs

−0.5

−1.0

−0.3

−0.1

Intermediate-2 (Option 3)

−0.2

−0.7

−0.3

0.0

Delayed 5 yrs

−0.3

−0.7

−0.3

−0.1

Delayed 10 yrs

−0.5

−0.9

−0.3

−0.2

High (Option 4)

−0.2

−0.8

−0.3

−0.1

Delayed 5 yrs

−0.3

−0.8

−0.4

−0.2

Delayed 10 yrs

−0.5

−0.9

−0.4

−0.2

NOTE: A year’s “cash flow” is its Social Security revenues minus its expenditures. When the cash flow is positive, the balance in the trust fund increases (see next table). When negative, the trust fund balance decreases.

TABLE F-18 Projected Social Security Trust Fund Ratios: Current Law Compared with Four Committee Scenarios

Current Law and Four Scenarios

2020

2035

2050

2084

Current Law

315

50

0

0

Low (Option 1)

351

202

100

114

Delayed 5 yrs

322

136

0

0

Delayed 10 yrs

315

107

0

0

Intermediate-1 (Option 2)

334

178

113

157

Delayed 5 yrs

320

126

0

0

Delayed 10 yrs

315

91

0

0

Intermediate-2 (Option 3)

353

227

151

135

Delayed 5 yrs

327

164

47

0

Delayed 10 yrs

315

118

0

0

High (Option 4)

359

229

131

100

Delayed 5 yrs

329

172

42

0

Delayed 10 yrs

315

121

0

0

Page
319