← Back to Full Inventory Table

Program

Old-Age Insurance (OASI)

Department: SSA

The cabinet-level department or independent agency responsible for the program

Agency: Social Security Administration

The specific agency or sub-agency that administers the program

Program Type:Direct Benefit

The functional category of the program
In Official FIP? Not represented

(Core entitlement program does not appear in assistance-style inventories.)

Confidence Level: Medium

Authorizing Statute: 42 U.S.C. 401 et seq.; 42 U.S.C. 402(a)

Funding Status: Trust fund / mandatory

Primary Source: https://uscode.house.gov/download/download.shtml

Notes: Retirement benefits for eligible workers and families.

Additional details about data sources and custom mapping of data are available on the Data Details page.

Outlays (millions)

Actual money spent in FY2024

$1301000

Source: Account-group/reference mapping (medium confidence)

Obligations (millions)

Money the government committed to spend in FY2024

$1301000

Source: Account-group/reference mapping (medium confidence)

Budget Authority (millions)

The amount Congress authorized agencies to commit

$1301000

Source: Estimate: budget authority set equal to outlays for mandatory/benefit-style programs; see Fiscal Method.

Revenue Loss (millions)

Estimated revenue not collected due to tax policy (tax expenditures)

$0

Source: Account-group/reference mapping (medium confidence)

Primary Amount

The primary fiscal measure used for the program

$1301000

Dollar Basis

The primary fiscal measure used for the program

Outlays

Note: Primary basis is outlays; value is exact where available, otherwise an estimate anchored to agency/program FY2024 scale.

Dollar Quality

How directly the dollar amount reflects observed data

Actual

Actual = reported or observed spending, Estimated = derived from modeling or mapping, Carry-Zero = structural row with no direct dollars