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Rosser's equation : ウィキペディア英語版
Rosser's equation

In economics, Rosser's equation (named after J. Barkley Rosser, Jr.) calculates future US Social Security Administration Trust Fund balances and payments as the ratio of benefit payments in real terms for a given income level to be received the year after the Trust Fund would be exhausted, to those of the same income level for an initial year.
== Equation ==

(''FRA''''ij''(''T'')/''FRA''''ij''(''t''))·100
where:
:i\, refers to projection,
:j\, is income level,
:t\, is the initial year of an SSA report,
:T\, is the time projected for exhaustion of the Trust Fund, and
:FRA\, is the real benefit received by someone reaching full retirement age at ''t'' or ''T''.

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