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Actuarial cost estimates for OASDI and HI and for various possible changes in OASDI
Abstract:
This article, Appendix K to the Report of the National Commission on Social Security Reform, presents actuarial cost estimates for possible revisions to the Old-Age, Survivors, and Disability Insurance (OASDI) and Health Insurance (HI) programs. These projected alternatives cover major options for resolving both the short-range and long-range financing problems of the OASDI program. Long-range costs are expressed as percentages of taxable payroll. (Pages 1 through 55 of Appendix K are reprinted here. Space constraints do not permit the inclusion of the last 34 pages, which are tables of historical data for the OASDI and HI programs. Tables containing much the same information can be found in annual OASDI and HI Trustees Reports and in the 1981 Annual Statistical Supplement to the Social Security Bulletin.)