Table 13.

1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME

(in millions of dollars)
1936 1937 1938
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts --- 265 387
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) --- 2 15
Other --- --- ---
Total intragovernmental receipts --- 2 15
Other cash income --- --- ---
Total cash income --- 267 402
Cash outgo:
Benefit payments1 --- * 5
Payments to the railroad retirement account --- --- ---
Interest payments --- --- ---
Administrative expenses --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 --- --- ---
Total cash outgo --- * 5
Surplus or deficit(-) --- 267 397
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year --- 267 664
Invested balance --- 267 662
Uninvested balance --- * 2
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts --- --- ---
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) --- --- ---
Other --- --- ---
Total intragovernmental receipts --- --- ---
Other cash income --- --- ---
Total cash income --- --- ---
Cash outgo:
Benefit payments1 --- --- ---
Payments to the railroad retirement account --- --- ---
Administrative expenses --- --- ---
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) --- --- ---
Total cash outgo --- --- ---
Surplus or deficit(-) --- --- ---
Lending (-) or repayment of loans to OASI fund --- --- ---
Table 13.1—CASH INCOME, OUTGO, ANDTableBALANCES
13.1—CASHOF
INCOME,
THE SOCIAL
OUTGO,
SECURITY
AND BALANCES
AND MEDICARE
OF THETRUST
SOCIALFUNDS:
SECURITY
1936–2012
AND ME
(in millions of dollars)
1939 1940 1941
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 503 550 688
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) 27 42 56
Other --- --- ---
Total intragovernmental receipts 27 42 56
Other cash income --- --- ---
Total cash income 530 592 744
Cash outgo:
Benefit payments1 14 16 64
Payments to the railroad retirement account --- --- ---
Interest payments --- --- ---
Administrative expenses --- 12 27
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 --- --- ---
Total cash outgo 14 28 91
Surplus or deficit(-) 516 564 653
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 1,180 1,745 2,398
Invested balance 1,177 1,738 2,381
Uninvested balance 3 7 17
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts --- --- ---
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) --- --- ---
Other --- --- ---
Total intragovernmental receipts --- --- ---
Other cash income --- --- ---
Total cash income --- --- ---
Cash outgo:
Benefit payments1 --- --- ---
Payments to the railroad retirement account --- --- ---
Administrative expenses --- --- ---
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) --- --- ---
Total cash outgo --- --- ---
Surplus or deficit(-) --- --- ---
Lending (-) or repayment of loans to OASI fund --- --- ---
O, AND BALANCES OF THE SOCIAL SECURITY
Table 13.1—CASH
AND MEDICARE
INCOME,
TRUST
OUTGO,
FUNDS:
AND1936–2012
BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1942 1943 1944
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 896 1,130 1,292
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) 71 87 103
Other --- --- ---
Total intragovernmental receipts 71 87 103
Other cash income --- --- ---
Total cash income 967 1,218 1,395
Cash outgo:
Benefit payments1 110 149 185
Payments to the railroad retirement account --- --- ---
Interest payments --- --- ---
Administrative expenses 27 27 33
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 --- --- ---
Total cash outgo 137 177 217
Surplus or deficit(-) 830 1,041 1,178
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 3,227 4,268 5,446
Invested balance 3,202 4,237 5,409
Uninvested balance 26 31 38
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts --- --- ---
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) --- --- ---
Other --- --- ---
Total intragovernmental receipts --- --- ---
Other cash income --- --- ---
Total cash income --- --- ---
Cash outgo:
Benefit payments1 --- --- ---
Payments to the railroad retirement account --- --- ---
Administrative expenses --- --- ---
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) --- --- ---
Total cash outgo --- --- ---
Surplus or deficit(-) --- --- ---
Lending (-) or repayment of loans to OASI fund --- --- ---
ECURITY AND MEDICARE TRUST FUNDS: Table
1936–2012
13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1945 1946 1947
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 1,310 1,238 1,459
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) 124 148 163
Other --- --- *
Total intragovernmental receipts 124 148 164
Other cash income --- --- ---
Total cash income 1,434 1,386 1,623
Cash outgo:
Benefit payments1 240 321 426
Payments to the railroad retirement account --- --- ---
Interest payments --- --- ---
Administrative expenses 27 37 41
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 --- --- ---
Total cash outgo 267 358 466
Surplus or deficit(-) 1,167 1,028 1,157
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 6,613 7,641 8,798
Invested balance 6,546 7,549 8,742
Uninvested balance 67 93 56
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts --- --- ---
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) --- --- ---
Other --- --- ---
Total intragovernmental receipts --- --- ---
Other cash income --- --- ---
Total cash income --- --- ---
Cash outgo:
Benefit payments1 --- --- ---
Payments to the railroad retirement account --- --- ---
Administrative expenses --- --- ---
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) --- --- ---
Total cash outgo --- --- ---
Surplus or deficit(-) --- --- ---
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1948 1949 1950
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 1,616 1,690 2,106
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) 191 230 257
Other 1 3 4
Total intragovernmental receipts 191 233 260
Other cash income --- --- ---
Total cash income 1,807 1,924 2,367
Cash outgo:
Benefit payments1 512 607 727
Payments to the railroad retirement account --- --- ---
Interest payments --- --- ---
Administrative expenses 47 53 57
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 --- --- ---
Total cash outgo 559 661 784
Surplus or deficit(-) 1,248 1,263 1,583
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 10,047 11,310 12,893
Invested balance 9,937 11,231 12,645
Uninvested balance 110 79 248
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts --- --- ---
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) --- --- ---
Other --- --- ---
Total intragovernmental receipts --- --- ---
Other cash income --- --- ---
Total cash income --- --- ---
Cash outgo:
Benefit payments1 --- --- ---
Payments to the railroad retirement account --- --- ---
Administrative expenses --- --- ---
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) --- --- ---
Total cash outgo --- --- ---
Surplus or deficit(-) --- --- ---
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1951 1952 1953
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 3,120 3,594 4,097
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) 287 334 387
Other 4 4 ---
Total intragovernmental receipts 291 337 387
Other cash income --- * *
Total cash income 3,411 3,932 4,483
Cash outgo:
Benefit payments1 1,498 1,982 2,627
Payments to the railroad retirement account --- --- ---
Interest payments --- --- ---
Administrative expenses 70 85 89
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 --- --- ---
Total cash outgo 1,569 2,067 2,717
Surplus or deficit(-) 1,843 1,864 1,766
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 14,736 16,600 18,366
Invested balance 14,323 16,273 17,818
Uninvested balance 413 327 549
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts --- --- ---
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) --- --- ---
Other --- --- ---
Total intragovernmental receipts --- --- ---
Other cash income --- --- ---
Total cash income --- --- ---
Cash outgo:
Benefit payments1 --- --- ---
Payments to the railroad retirement account --- --- ---
Administrative expenses --- --- ---
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) --- --- ---
Total cash outgo --- --- ---
Surplus or deficit(-) --- --- ---
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1954 1955 1956
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 4,589 5,081 6,425
Intragovernmental receipts:
Employer share, employee retirement (952) 1 6 18
Interest (903) 439 438 487
Other 12 10 7
Total intragovernmental receipts 452 454 513
Other cash income * * *
Total cash income 5,040 5,535 6,938
Cash outgo:
Benefit payments1 3,276 4,333 5,361
Payments to the railroad retirement account --- --- ---
Interest payments --- --- ---
Administrative expenses 89 103 124
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 -* --- ---
Total cash outgo 3,364 4,436 5,485
Surplus or deficit(-) 1,677 1,098 1,452
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 20,040 21,141 22,593
Invested balance 19,337 20,580 22,041
Uninvested balance 703 560 552
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts --- --- ---
Intragovernmental receipts:
Employer share, employee retirement (952) --- --- ---
Interest (903) --- --- ---
Other --- --- ---
Total intragovernmental receipts --- --- ---
Other cash income --- --- ---
Total cash income --- --- ---
Cash outgo:
Benefit payments1 --- --- ---
Payments to the railroad retirement account --- --- ---
Administrative expenses --- --- ---
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) --- --- ---
Total cash outgo --- --- ---
Surplus or deficit(-) --- --- ---
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1957 1958 1959
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 6,457 7,138 7,418
Intragovernmental receipts:
Employer share, employee retirement (952) 83 130 147
Interest (903) 555 555 543
Other 5 2 *
Total intragovernmental receipts 644 687 690
Other cash income * * *
Total cash income 7,101 7,825 8,109
Cash outgo:
Benefit payments1 6,515 7,875 9,049
Payments to the railroad retirement account --- --- 124
Interest payments --- --- ---
Administrative expenses 150 166 206
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 --- -* -3
Total cash outgo 6,665 8,041 9,377
Surplus or deficit(-) 436 -216 -1,268
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 23,029 22,813 21,545
Invested balance 22,263 21,765 20,478
Uninvested balance 766 1,048 1,066
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 332 911 878
Intragovernmental receipts:
Employer share, employee retirement (952) 5 15 17
Interest (903) 1 16 33
Other --- --- ---
Total intragovernmental receipts 6 31 51
Other cash income --- --- ---
Total cash income 339 942 928
Cash outgo:
Benefit payments1 --- 168 339
Payments to the railroad retirement account --- --- ---
Administrative expenses 1 12 21
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) --- -* -*
Total cash outgo 1 180 360
Surplus or deficit(-) 337 762 568
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1960 1961 1962
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 9,671 11,104 11,267
Intragovernmental receipts:
Employer share, employee retirement (952) 171 189 203
Interest (903) 516 530 539
Other 1 1 2
Total intragovernmental receipts 688 720 744
Other cash income * * *
Total cash income 10,360 11,824 12,011
Cash outgo:
Benefit payments1 10,270 11,185 12,658
Payments to the railroad retirement account 600 332 361
Interest payments --- --- ---
Administrative expenses 203 236 252
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 -3 -22 9
Total cash outgo 11,069 11,730 13,279
Surplus or deficit(-) -710 94 -1,268
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 20,835 20,929 19,662
Invested balance 19,756 19,553 18,456
Uninvested balance 1,079 1,376 1,206
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 970 1,005 1,004
Intragovernmental receipts:
Employer share, employee retirement (952) 17 17 18
Interest (903) 47 61 70
Other 27 --- ---
Total intragovernmental receipts 91 78 88
Other cash income --- --- ---
Total cash income 1,061 1,083 1,092
Cash outgo:
Benefit payments1 528 704 1,011
Payments to the railroad retirement account --- 5 11
Administrative expenses 32 36 66
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) * -1 *
Total cash outgo 560 745 1,089
Surplus or deficit(-) 501 338 3
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1963 1964 1965
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 13,117 15,242 15,567
Intragovernmental receipts:
Employer share, employee retirement (952) 224 260 263
Interest (903) 512 539 583
Other 2 3 3
Total intragovernmental receipts 738 801 849
Other cash income * * *
Total cash income 13,856 16,043 16,417
Cash outgo:
Benefit payments1 13,845 14,579 15,226
Payments to the railroad retirement account 423 403 436
Interest payments --- --- ---
Administrative expenses 263 303 300
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 1 -1 3
Total cash outgo 14,531 15,284 15,965
Surplus or deficit(-) -675 760 452
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 18,987 19,746 20,198
Invested balance 17,633 18,325 18,783
Uninvested balance 1,354 1,421 1,415
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 1,058 1,124 1,156
Intragovernmental receipts:
Employer share, employee retirement (952) 18 19 19
Interest (903) 70 68 65
Other --- --- ---
Total intragovernmental receipts 88 87 85
Other cash income --- --- *
Total cash income 1,145 1,211 1,241
Cash outgo:
Benefit payments1 1,171 1,251 1,392
Payments to the railroad retirement account 20 19 24
Administrative expenses 69 70 82
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) * -2 *
Total cash outgo 1,259 1,339 1,498
Surplus or deficit(-) -114 -128 -258
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1966 1967 1968
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 17,556 22,197 22,265
Intragovernmental receipts:
Employer share, employee retirement (952) 310 370 397
Interest (903) 588 725 896
Other 7 79 78
Total intragovernmental receipts 905 1,174 1,371
Other cash income * * 4
Total cash income 18,461 23,371 23,641
Cash outgo:
Benefit payments1 18,071 18,886 20,737
Payments to the railroad retirement account 444 508 438
Interest payments --- --- ---
Administrative expenses 254 334 449
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 1 1 *
Total cash outgo 18,770 19,729 21,624
Surplus or deficit(-) -309 3,642 2,017
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 19,889 23,531 25,548
Invested balance 17,925 21,780 23,250
Uninvested balance 1,964 1,751 2,298
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 1,530 2,204 2,651
Intragovernmental receipts:
Employer share, employee retirement (952) 27 45 48
Interest (903) 54 67 83
Other --- 16 16
Total intragovernmental receipts 81 128 147
Other cash income * * 2
Total cash income 1,611 2,332 2,800
Cash outgo:
Benefit payments1 1,721 1,861 2,088
Payments to the railroad retirement account 25 31 20
Administrative expenses 184 99 112
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) 2 7 15
Total cash outgo 1,931 1,997 2,237
Surplus or deficit(-) -321 335 564
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1969 1970 1971
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 25,484 29,396 31,354
Intragovernmental receipts:
Employer share, employee retirement (952) 469 559 561
Interest (903) 1,009 1,346 1,617
Other 382 442 449
Total intragovernmental receipts 1,859 2,347 2,627
Other cash income 4 3 1
Total cash income 27,348 31,746 33,982
Cash outgo:
Benefit payments1 23,732 26,267 31,101
Payments to the railroad retirement account 491 579 613
Interest payments --- --- ---
Administrative expenses 465 474 552
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 2 1 2
Total cash outgo 24,690 27,320 32,268
Surplus or deficit(-) 2,657 4,426 1,714
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 28,205 32,631 34,345
Invested balance 26,235 30,121 31,375
Uninvested balance 1,971 2,510 2,970
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 3,469 4,063 4,490
Intragovernmental receipts:
Employer share, employee retirement (952) 63 78 79
Interest (903) 140 221 324
Other 32 16 16
Total intragovernmental receipts 235 315 419
Other cash income 1 1 1
Total cash income 3,705 4,380 4,910
Cash outgo:
Benefit payments1 2,443 2,778 3,381
Payments to the railroad retirement account 21 10 13
Administrative expenses 134 149 190
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) 15 16 21
Total cash outgo 2,613 2,954 3,606
Surplus or deficit(-) 1,092 1,426 1,305
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1972 1973 1974
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 35,132 40,703 47,778
Intragovernmental receipts:
Employer share, employee retirement (952) 579 615 677
Interest (903) 1,718 1,846 2,039
Other 488 475 442
Total intragovernmental receipts 2,785 2,936 3,157
Other cash income * * *
Total cash income 37,916 43,639 50,935
Cash outgo:
Benefit payments1 34,541 42,170 47,849
Payments to the railroad retirement account 724 783 909
Interest payments --- --- ---
Administrative expenses 582 667 723
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 1 3 2
Total cash outgo 35,848 43,623 49,483
Surplus or deficit(-) 2,068 16 1,452
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 36,413 36,429 37,881
Invested balance 33,203 35,501 37,717
Uninvested balance 3,211 928 164
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 4,775 5,381 6,147
Intragovernmental receipts:
Employer share, employee retirement (952) 78 80 87
Interest (903) 388 434 482
Other 50 51 52
Total intragovernmental receipts 516 565 621
Other cash income * * *
Total cash income 5,291 5,946 6,768
Cash outgo:
Benefit payments1 4,046 5,162 6,159
Payments to the railroad retirement account 24 20 22
Administrative expenses 212 247 154
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) 28 39 49
Total cash outgo 4,309 5,467 6,384
Surplus or deficit(-) 982 479 384
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1975 1976 1976TQ
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 55,207 58,703 15,886
Intragovernmental receipts:
Employer share, employee retirement (952) 810 852 220
Interest (903) 2,292 2,344 80
Other 447 425 ---
Total intragovernmental receipts 3,549 3,621 300
Other cash income * 3 *
Total cash income 58,756 62,327 16,186
Cash outgo:
Benefit payments1 54,839 62,140 16,876
Payments to the railroad retirement account 982 1,212 ---
Interest payments --- --- ---
Administrative expenses 848 935 234
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 8 9 1
Total cash outgo 56,676 64,296 17,110
Surplus or deficit(-) 2,080 -1,969 -924
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 39,961 37,992 37,068
Invested balance 39,892 37,968 37,055
Uninvested balance 69 25 13
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 7,250 7,686 2,130
Intragovernmental receipts:
Employer share, employee retirement (952) 106 111 29
Interest (903) 512 468 13
Other 52 90 ---
Total intragovernmental receipts 670 669 42
Other cash income --- * ---
Total cash income 7,920 8,355 2,172
Cash outgo:
Benefit payments1 7,630 9,222 2,555
Payments to the railroad retirement account 29 26 ---
Administrative expenses 253 266 71
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) 71 92 27
Total cash outgo 7,982 9,606 2,653
Surplus or deficit(-) -62 -1,251 -481
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1977 1978 1979
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 68,032 73,141 83,410
Intragovernmental receipts:
Employer share, employee retirement (952) 863 906 948
Interest (903) 2,279 2,151 1,920
Other 614 613 615
Total intragovernmental receipts 3,756 3,670 3,483
Other cash income 8 * *
Total cash income 71,795 76,811 86,893
Cash outgo:
Benefit payments1 71,271 78,524 87,592
Payments to the railroad retirement account 1,208 1,589 1,448
Interest payments --- --- ---
Administrative expenses 993 1,086 1,077
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 7 6 12
Total cash outgo 73,479 81,205 90,129
Surplus or deficit(-) -1,683 -4,394 -3,236
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 35,384 30,990 27,754
Invested balance 35,410 30,967 27,328
Uninvested balance -25 23 426
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 8,786 12,250 14,584
Intragovernmental receipts:
Employer share, employee retirement (952) 114 154 166
Interest (903) 372 251 305
Other 103 128 142
Total intragovernmental receipts 589 533 612
Other cash income * * *
Total cash income 9,374 12,784 15,196
Cash outgo:
Benefit payments1 11,135 12,214 13,428
Payments to the railroad retirement account -* 30 30
Administrative expenses 378 327 402
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) 77 84 84
Total cash outgo 11,590 12,655 13,944
Surplus or deficit(-) -2,216 128 1,252
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1980 1981 1982
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 96,581 117,757 122,840
Intragovernmental receipts:
Employer share, employee retirement (952) 1,027 1,259 1,406
Interest (903) 1,886 2,015 1,707
Other 557 540 675
Total intragovernmental receipts 3,470 3,814 3,788
Other cash income * * *
Total cash income 100,051 121,572 126,629
Cash outgo:
Benefit payments1 100,615 119,413 134,655
Payments to the railroad retirement account 1,442 1,585 1,793
Interest payments --- --- ---
Administrative expenses 1,160 1,302 1,475
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 10 4 6
Total cash outgo 103,227 122,304 137,929
Surplus or deficit(-) -3,176 -733 -11,300
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 24,578 23,845 12,545
Invested balance 23,577 23,255 11,932
Uninvested balance 1,000 590 614
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 16,628 12,418 20,626
Intragovernmental receipts:
Employer share, employee retirement (952) 177 171 240
Interest (903) 454 273 363
Other 129 130 168
Total intragovernmental receipts 760 574 772
Other cash income * * *
Total cash income 17,388 12,992 21,398
Cash outgo:
Benefit payments1 14,899 16,853 17,399
Payments to the railroad retirement account --- 29 26
Administrative expenses 334 402 572
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) 99 -4 37
Total cash outgo 15,332 17,280 18,035
Surplus or deficit(-) 2,057 -4,288 3,363
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1983 1984 1985
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 128,972 150,312 169,822
Intragovernmental receipts:
Employer share, employee retirement (952) 1,534 1,852 2,288
Interest (903) 1,396 2,752 3,537
Other 18,683 8,400 6,639
Total intragovernmental receipts 21,613 13,004 12,465
Other cash income * * *
Total cash income 150,586 163,315 182,287
Cash outgo:
Benefit payments1 148,312 155,846 165,422
Payments to the railroad retirement account 2,251 2,404 2,310
Interest payments 1,544 2,565 2,293
Administrative expenses 1,552 1,585 1,588
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 330 6 *
Total cash outgo 153,989 162,406 171,614
Surplus or deficit(-) -3,403 909 10,673
Borrowing or repayment (-) of borrowing from other trust
funds 17,519 --- -4,364
Adjustment to balances --- --- ---
Fund balance, end of year 26,661 27,570 33,879
Invested balance 25,503 27,224 30,971
Uninvested balance 1,158 346 2,908
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 18,348 15,763 16,348
Intragovernmental receipts:
Employer share, employee retirement (952) 244 192 221
Interest (903) 449 558 580
Other 2,866 1,299 912
Total intragovernmental receipts 3,559 2,049 1,714
Other cash income * * *
Total cash income 21,907 17,812 18,062
Cash outgo:
Benefit payments1 17,588 17,735 18,654
Payments to the railroad retirement account 28 22 43
Administrative expenses 659 585 603
Interest payments 13 77 69
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) 4 40 3
Total cash outgo 18,291 18,459 19,372
Surplus or deficit(-) 3,615 -647 -1,310
Lending (-) or repayment of loans to OASI fund -5,081 --- 2,540
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1986 1987 1988
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 182,518 194,541 220,337
Intragovernmental receipts:
Employer share, employee retirement (952) 2,608 3,011 4,000
Interest (903) 3,698 4,495 6,758
Other 7,544 5,447 5,501
Total intragovernmental receipts 13,850 12,953 16,259
Other cash income * 30 *
Total cash income 196,368 207,525 236,596
Cash outgo:
Benefit payments1 174,364 182,055 192,541
Payments to the railroad retirement account 2,585 2,557 2,790
Interest payments 1,013 625 836
Administrative expenses 1,610 1,542 1,730
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 --- --- -*
Total cash outgo 179,572 186,780 197,897
Surplus or deficit(-) 16,797 20,745 38,700
Borrowing or repayment (-) of borrowing from other trust
funds -13,155 --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 37,521 58,266 96,966
Invested balance 36,948 58,356 97,137
Uninvested balance 573 -89 -171
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 17,711 18,861 21,154
Intragovernmental receipts:
Employer share, employee retirement (952) 249 289 382
Interest (903) 631 795 657
Other 1,586 167 266
Total intragovernmental receipts 2,466 1,251 1,306
Other cash income * 3 *
Total cash income 20,177 20,115 22,460
Cash outgo:
Benefit payments1 19,526 20,421 21,395
Payments to the railroad retirement account 68 57 61
Administrative expenses 600 738 803
Interest payments 45 60 80
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) 4 15 21
Total cash outgo 20,243 21,290 22,360
Surplus or deficit(-) -66 -1,175 100
Lending (-) or repayment of loans to OASI fund 2,541 --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1989 1990 1991
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 240,595 255,031 265,503
Intragovernmental receipts:
Employer share, employee retirement (952) 4,432 5,038 5,242
Interest (903) 10,649 15,125 19,164
Other 5,819 4,405 5,838
Total intragovernmental receipts 20,900 24,568 30,244
Other cash income * * *
Total cash income 261,495 279,599 295,747
Cash outgo:
Benefit payments1 204,648 218,957 236,120
Payments to the railroad retirement account 2,845 2,969 3,375
Interest payments 989 982 418
Administrative expenses 1,658 1,566 1,747
Military service credit adjustment --- --- 2,114
Other outgo (mainly for vocational rehabilitation)2 --- * *
Total cash outgo 210,141 224,475 243,774
Surplus or deficit(-) 51,354 55,125 51,972
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 148,320 203,445 255,417
Invested balance 148,565 203,717 255,557
Uninvested balance -245 -271 -140
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 23,071 26,625 28,382
Intragovernmental receipts:
Employer share, employee retirement (952) 426 529 562
Interest (903) 745 866 1,058
Other 335 302 133
Total intragovernmental receipts 1,506 1,697 1,753
Other cash income --- * *
Total cash income 24,577 28,322 30,135
Cash outgo:
Benefit payments1 22,516 24,306 26,871
Payments to the railroad retirement account 88 80 82
Administrative expenses 747 707 785
Interest payments 95 100 45
Military service credit adjustment --- --- 775
Other outgo (mainly vocational rehabilitation) 40 38 34
Total cash outgo 23,487 25,230 28,592
Surplus or deficit(-) 1,090 3,091 1,543
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1992 1993 1994
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 273,137 281,735 302,607
Intragovernmental receipts:
Employer share, employee retirement (952) 5,508 5,796 5,787
Interest (903) 22,557 25,822 28,505
Other 5,949 5,967 5,378
Total intragovernmental receipts 34,015 37,585 39,670
Other cash income * 4 *
Total cash income 307,152 319,325 342,278
Cash outgo:
Benefit payments1 251,317 264,582 276,291
Payments to the railroad retirement account 3,148 3,353 3,420
Interest payments --- -* ---
Administrative expenses 1,824 2,026 1,876
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 --- * ---
Total cash outgo 256,290 269,960 281,586
Surplus or deficit(-) 50,862 49,364 60,691
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 306,280 355,644 416,335
Invested balance 306,524 355,510 413,425
Uninvested balance -244 134 2,911
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 29,289 30,199 32,419
Intragovernmental receipts:
Employer share, employee retirement (952) 593 620 622
Interest (903) 1,080 966 698
Other 217 279 310
Total intragovernmental receipts 1,890 1,865 1,631
Other cash income * 2 *
Total cash income 31,179 32,065 34,049
Cash outgo:
Benefit payments1 30,360 33,588 36,823
Payments to the railroad retirement account 58 83 106
Administrative expenses 843 932 1,018
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) 34 38 37
Total cash outgo 31,295 34,641 37,984
Surplus or deficit(-) -116 -2,576 -3,935
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1995 1996 1997
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 284,091 311,869 336,729
Intragovernmental receipts:
Employer share, employee retirement (952) 5,434 5,326 5,582
Interest (903) 31,417 34,026 37,688
Other 5,143 5,772 6,486
Total intragovernmental receipts 41,994 45,124 49,756
Other cash income --- --- ---
Total cash income 326,085 356,993 386,485
Cash outgo:
Benefit payments1 288,617 299,985 312,880
Payments to the railroad retirement account 4,052 3,554 3,688
Interest payments --- --- ---
Administrative expenses 1,805 1,793 2,001
Military service credit adjustment --- 129 ---
Other outgo (mainly for vocational rehabilitation)2 --- --- ---
Total cash outgo 294,474 305,461 318,569
Surplus or deficit(-) 31,611 51,532 67,916
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 447,946 499,479 567,395
Invested balance 447,947 499,403 567,445
Uninvested balance -1 75 -49
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 66,988 55,623 55,261
Intragovernmental receipts:
Employer share, employee retirement (952) 998 952 901
Interest (903) 1,888 2,481 3,526
Other 341 378 412
Total intragovernmental receipts 3,227 3,811 4,839
Other cash income --- --- ---
Total cash income 70,215 59,434 60,100
Cash outgo:
Benefit payments1 40,201 43,231 45,367
Payments to the railroad retirement account 68 2 59
Administrative expenses 1,064 1,074 1,211
Interest payments --- --- ---
Military service credit adjustment --- 203 ---
Other outgo (mainly vocational rehabilitation) 47 48 64
Total cash outgo 41,380 44,558 46,701
Surplus or deficit(-) 28,835 14,876 13,399
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
1998 1999 2000
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 358,784 383,559 411,677
Intragovernmental receipts:
Employer share, employee retirement (952) 6,086 6,374 6,542
Interest (903) 42,197 46,847 53,531
Other 8,620 10,197 12,509
Total intragovernmental receipts 56,903 63,418 72,582
Other cash income --- --- ---
Total cash income 415,687 446,977 484,259
Cash outgo:
Benefit payments1 324,274 332,383 347,894
Payments to the railroad retirement account 3,662 3,681 3,538
Interest payments --- --- ---
Administrative expenses 1,833 1,851 1,995
Military service credit adjustment --- --- ---
Other outgo (mainly for vocational rehabilitation)2 --- --- ---
Total cash outgo 329,769 337,915 353,427
Surplus or deficit(-) 85,918 109,062 130,832
Borrowing or repayment (-) of borrowing from other trust
funds --- --- ---
Adjustment to balances --- --- ---
Fund balance, end of year 653,314 762,376 893,208
Invested balance 653,282 762,226 893,519
Uninvested balance 32 150 -311
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 57,015 60,909 68,907
Intragovernmental receipts:
Employer share, employee retirement (952) 966 1,011 1,095
Interest (903) 4,433 5,224 6,265
Other 539 647 787
Total intragovernmental receipts 5,938 6,882 8,147
Other cash income --- --- 8
Total cash income 62,953 67,791 77,062
Cash outgo:
Benefit payments1 47,680 50,424 54,210
Payments to the railroad retirement account 157 135 159
Administrative expenses 1,565 1,520 1,611
Interest payments --- --- ---
Military service credit adjustment --- --- ---
Other outgo (mainly vocational rehabilitation) 57 63 66
Total cash outgo 49,459 52,142 56,046
Surplus or deficit(-) 13,494 15,649 21,016
Lending (-) or repayment of loans to OASI fund --- --- ---
 Table 13.1—CASH INCOME, OUTGO, AND BALANCES OF THE SOCIAL SECURITY AND ME
(in millions of dollars)
2001
Old age and survivors insurance fund:
Cash income:
Social insurance and retirement receipts 434,057
Intragovernmental receipts:
Employer share, employee retirement (952) 6,761
Interest (903) 61,239
Other 11,813
Total intragovernmental receipts 79,813
Other cash income 1
Total cash income 513,871
Cash outgo:
Benefit payments1 367,702
Payments to the railroad retirement account 3,273
Interest payments ---
Administrative expenses 2,093
Military service credit adjustment ---
Other outgo (mainly for vocational rehabilitation)2 -25
Total cash outgo 373,043
Surplus or deficit(-) 140,828
Borrowing or repayment (-) of borrowing from other trust
funds ---
Adjustment to balances ---
Fund balance, end of year 1,034,036
Invested balance 1,034,114
Uninvested balance -78
Disability insurance trust fund:
Cash income:
Social insurance and retirement receipts 73,462
Intragovernmental receipts:
Employer share, employee retirement (952) 1,149
Interest (903) 7,572
Other 770
Total intragovernmental receipts 9,491
Other cash income 27
Total cash income 82,980
Cash outgo:
Benefit payments1 58,159
Payments to the railroad retirement account 10
Administrative expenses 1,764
Interest payments ---
Military service credit adjustment 836
Other outgo (mainly vocational rehabilitation) 62
Total cash outgo 60,831
Surplus or deficit(-) 22,149
Lending (-) or repayment of loans to OASI fund ---