www.RonTravisSr.com by Ron Travis
U. S. SOCIAL SECURITY

 U. S. SOCIAL SECURITY ADMINISTRATION 
 Old-Age, Survivors, and Disability Insurance Trust Funds 
 Employee/Employer Contributions plus Interest on U. S. Bonds 
 Less Outlays 
 (In Millions of Dollars ($000,000) 
THE SOCIAL SECURITY AND DISABILITY PROGRAM ARE VIABLE PROGRAMS WITH A 
$2.7 TRILLION TRUST FUND EARNING 6%. 
1.  The Social Security Trust Fund represents the primary retirement plan of many Americans over
     62-years old; with a disability benefit if needed earlier. 
2.  The retirement age to receive full benefits should be set at 70 with an early retirement age set at 65. 
3.  The payments should start at the current rate and be increased by 2% per year for inflation. 
4.  The salary caps for Social Security employee/employer contributions should be eliminated
     like Medicare. This is one way the rich can be asked to pay a greater share for Social Security. 
5.  The Federal Income Tax on Social Security payments should be eliminated completely because the 
     Social Security contributions per year are not deductible. We pay the tax when we make the contribution. 
6.  The Federal Budget General Fund should pay the Social Security Fund a fixed rate of interest in the
     amount of 6% of the Trust Fund Balance at the beginning of each year. This is a better alternative than 
     letting them invest in common stocks or other securities.
7.  The net-present value of future benefits should be reviewed annually, and compared to the total Trust 
     Fund, to verify that the Trust Fund remains viable and adequate.
9.  To be eligible for disability payments, a medical board should review each case.  
10.Every taxpayer should be eligible to invest in a 401(k) like savings plans to provide additional retirement 
     Savings.
YEAR  RECEIPTS   OUTLAYS   SURPLUS   ASSETS 
1937  $                         265  $                           (2)  $                         267  $                         267
1938                             387                             (10)                             397                             664
1939                             503                             (13)                             516                          1,180
1940                             550                             (14)                             564                          1,744
1941                             688                               35                             653                          2,397
1942                             896                               66                             830                          3,227
1943                          1,130                               89                          1,041                          4,268
1944                          1,292                             114                          1,178                          5,446
1945                          1,310                             143                          1,167                          6,613
1946                          1,238                             210                          1,028                          7,641
1947                          1,459                             303                          1,156                          8,797
1948                          1,616                             368                          1,248                        10,045
1949                          1,690                             427                          1,263                        11,308
1950                          2,106                             524                          1,582                        12,890
1951                          3,120                          1,277                          1,843                        14,733
1952                          3,594                          1,730                          1,864                        16,597
1953                          4,097                          2,330                          1,767                        18,364
1954                          4,589                          2,912                          1,677                        20,041
1955                          5,081                          3,983                          1,098                        21,139
1956                          6,425                          5,042                          1,383                        22,522
1957                          8,090                          7,567                             523                        23,045
1958                          9,108                          8,907                             201                        23,246
1959                          9,516                        10,793                        (1,277)                        21,969
1960                        12,445                        11,798                             647                        22,616
1961                        12,937                        13,388                           (451)                        22,165
1962                        13,699                        15,156                        (1,457)                        20,708
1963                        16,227                        16,217                               10                        20,718
1964                        17,476                        17,020                             456                        21,174
1965                        17,857                        19,187                        (1,330)                        19,844
1966                        23,381                        20,913                          2,468                        22,312
1967                        26,413                        22,471                          3,942                        26,254
1968                        28,493                        26,015                          2,478                        28,732
1969                        33,346                        27,892                          5,454                        34,186
1970                        36,993                        33,108                          3,885                        38,071
1971                        40,908                        38,542                          2,366                        40,437
1972                        45,622                        43,281                          2,341                        42,778
1973                        54,787                        53,148                          1,639                        44,417
1974                        62,066                        60,593                          1,473                        45,890
1975                        67,640                        69,184                        (1,544)                        44,346
1976                        75,034                        78,242                        (3,208)                        41,138
1977                        81,982                        87,254                        (5,272)                        35,866
1978                        91,903                        96,018                        (4,115)                        31,751
1979                      105,864                      107,320                        (1,456)                        30,295
1980                      119,712                      123,550                        (3,838)                        26,457
1981                      142,438                      144,352                        (1,914)                        24,543
1982                      147,913                      147,674                             239                        24,782
1983                      171,266                      171,177                               89                        24,871
1984                      186,637                      180,429                          6,208                        31,079
1985                      203,540                      192,452                        11,088                        42,167
1986                      216,833                      212,136                          4,697                        46,864
1987                      231,039                      209,093                        21,946                        68,810
1988                      263,469                      222,514                        40,955                      109,765
1989                      289,448                      236,242                        53,206                      162,971
1990                      315,443                      253,135                        62,308                      225,279
1991                      329,676                      274,205                        55,471                      280,750
1992                      342,591                      291,865                        50,726                      331,476
1993                      355,578                      308,766                        46,812                      378,288
1994                      381,111                      323,011                        58,100                      436,388
1995                      399,497                      339,815                        59,682                      496,070
1996                      424,451                      353,569                        70,882                      566,952
1997                      457,668                      369,108                        88,560                      655,512
1998                      489,204                      382,255                      106,949                      762,461
1999                      526,582                      392,908                      133,674                      896,135
2000                      568,433                      415,121                      153,312                   1,049,447
2001                      602,003                      438,916                      163,087                   1,212,534
2002                      627,085                      461,653                      165,432                   1,377,966
2003                      631,886                      479,086                      152,800                   1,530,766
2004                      657,718                      501,643                      156,075                   1,686,841
2005                      701,758                      529,938                      171,820                   1,858,661
2006                      744,873                      555,421                      189,452                   2,048,113
2007                      784,889                      594,501                      190,388                   2,238,501
2008                      805,302                      625,143                      180,159                   2,418,660
2009                      807,490                      685,801                      121,689                   2,540,349
2010                      781,128                      712,526                        68,602                   2,608,951
2011                      805,057                      736,083                        68,974                   2,677,925
2012                      840,190                      785,781                        54,409                   2,732,334
2013                      855,021                      822,925                        32,096                   2,764,430
2014                      884,276                      859,230                        25,046                   2,789,476
2015                      920,157                      897,123                        23,034  $               2,812,510
   $             18,945,185  $             16,132,675  $               2,812,510