h Flow Will Turn Negative by 2015E Owing to Aging Population Real Social Security Annual Operating Income, 1982 — 2036E IRIN mm 0 wr em owe sae oo tse nae t= = fe = ms SN = 8 A = = 2015+ Permanent $100 ~~~ - ~~~ -- = - Negative Cash Flow -------------------- $0 Annual Social Security Net Cash Flow ($B) Oo Oo 1