| IA proceeds go to estate if worker dies before entitlementUltimate Real Trust Fund Interest Rate  3.00Ultimate Real PRSA Rate for Offset      3.70**Assumed PRSA Participation Rate    67%**                                        |
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|                                                                                                                                                                                                                                | (billions of Constant 2003$) |
| 2003                                                                                                                                                                                                                                | 0 | -79 | -82 | 0 | -79 | -82 | 0 | -79 | -82 |
| 2004                                                                                                                                                                                                                                | 0 | -84 | -171 | 0 | -84 | -172 | 0 | -84 | -172 |
| 2005                                                                                                                                                                                                                                | 0 | -2 | -179 | 0 | -91 | -271 | 0 | -91 | -271 |
| 2006                                                                                                                                                                                                                                | 6 | -9 | -194 | 0 | -97 | -380 | 0 | -97 | -380 |
| 2007                                                                                                                                                                                                                                | 26 | -13 | -213 | 0 | -100 | -494 | 0 | -100 | -494 |
| 2008                                                                                                                                                                                                                                | 49 | -14 | -235 | 0 | -99 | -612 | 0 | -99 | -612 |
| 2009                                                                                                                                                                                                                                | 74 | -14 | -256 | 0 | -96 | -731 | 0 | -96 | -731 |
| 2010                                                                                                                                                                                                                                | 98 | -13 | -277 | 0 | -92 | -848 | 0 | -92 | -848 |
| 2011                                                                                                                                                                                                                                | 127 | -13 | -299 | 0 | -86 | -963 | 0 | -86 | -963 |
| 2012                                                                                                                                                                                                                                | 165 | -10 | -318 | 0 | -77 | -1,072 | 0 | -77 | -1,072 |
| 2013                                                                                                                                                                                                                                | 163 | -6 | -334 | 0 | -66 | -1,173 | 0 | -66 | -1,173 |
| 2014                                                                                                                                                                                                                                | 1 | -1 | -346 | 0 | -54 | -1,264 | 0 | -54 | -1,264 |
| 2015                                                                                                                                                                                                                                | 1 | 4 | -352 | 0 | -39 | -1,343 | 0 | -39 | -1,343 |
| 2016                                                                                                                                                                                                                                | 1 | 11 | -352 | 0 | -23 | -1,406 | 0 | -23 | -1,406 |
| 2017                                                                                                                                                                                                                                | 1 | 19 | -343 | 0 | -5 | -1,453 | 0 | -5 | -1,453 |
| 2018                                                                                                                                                                                                                                | 1 | 27 | -325 | 0 | 15 | -1,482 | 0 | 15 | -1,482 |
| 2019                                                                                                                                                                                                                                | 1 | 36 | -298 | 0 | 35 | -1,490 | 0 | 35 | -1,490 |
| 2020                                                                                                                                                                                                                                | 1 | 45 | -261 | 0 | 56 | -1,477 | 0 | 56 | -1,477 |
| 2021                                                                                                                                                                                                                                | 1 | 55 | -212 | 0 | 79 | -1,440 | 0 | 79 | -1,440 |
| 2022                                                                                                                                                                                                                                | 1 | 64 | -152 | 0 | 101 | -1,379 | 0 | 101 | -1,379 |
| 2023                                                                                                                                                                                                                                | 1 | 72 | -82 | 0 | 122 | -1,295 | 0 | 122 | -1,295 |
| 2024                                                                                                                                                                                                                                | 2 | 79 | -3 | 0 | 142 | -1,187 | 0 | 142 | -1,187 |
| 2025                                                                                                                                                                                                                                | 2 | 86 | 85 | 0 | 163 | -1,055 | 0 | 163 | -1,055 |
| 2026                                                                                                                                                                                                                                | 2 | 91 | 181 | 0 | 183 | -899 | 0 | 183 | -899 |
| 2027                                                                                                                                                                                                                                | 2 | 95 | 284 | 0 | 203 | -717 | 0 | 203 | -717 |
| 2028                                                                                                                                                                                                                                | 3 | 110 | 406 | 0 | 222 | -510 | 0 | 222 | -510 |
| 2029                                                                                                                                                                                                                                | 3 | 112 | 533 | 0 | 240 | -279 | 0 | 240 | -279 |
| 2030                                                                                                                                                                                                                                | 3 | 113 | 665 | 0 | 256 | -23 | 0 | 256 | -23 |
| 2031                                                                                                                                                                                                                                | 3 | 111 | 800 | 0 | 272 | 256 | 0 | 272 | 256 |
| 2032                                                                                                                                                                                                                                | 4 | 108 | 935 | 0 | 286 | 558 | 0 | 286 | 558 |
| 2033                                                                                                                                                                                                                                | 4 | 103 | 1,069 | 0 | 298 | 882 | 0 | 298 | 882 |
| 2034                                                                                                                                                                                                                                | 4 | 97 | 1,201 | 0 | 310 | 1,228 | 0 | 310 | 1,228 |
| 2035                                                                                                                                                                                                                                | 5 | 90 | 1,329 | 0 | 320 | 1,595 | 0 | 320 | 1,595 |
| 2036                                                                                                                                                                                                                                | 5 | 81 | 1,453 | 0 | 330 | 1,982 | 0 | 330 | 1,982 |
| 2037                                                                                                                                                                                                                                | 5 | 71 | 1,570 | 0 | 338 | 2,390 | 0 | 338 | 2,390 |
| 2038                                                                                                                                                                                                                                | 6 | 60 | 1,678 | 0 | 346 | 2,818 | 0 | 346 | 2,818 |
| 2039                                                                                                                                                                                                                                | 6 | 48 | 1,778 | 0 | 353 | 3,265 | 0 | 353 | 3,265 |
| 2040                                                                                                                                                                                                                                | 7 | 35 | 1,868 | 0 | 359 | 3,733 | 0 | 359 | 3,733 |
| 2041                                                                                                                                                                                                                                | 7 | 120 | 2,047 | 0 | 366 | 4,222 | 0 | 366 | 4,222 |
| 2042                                                                                                                                                                                                                                | 8 | 150 | 2,263 | 74 | 373 | 4,732 | 0 | 298 | 4,656 |
| 2043                                                                                                                                                                                                                                | 8 | 180 | 2,516 | 380 | 380 | 5,265 | 0 | 0 | 4,796 |
| 2044                                                                                                                                                                                                                                | 9 | 211 | 2,809 | 387 | 387 | 5,822 | 0 | 0 | 4,940 |
| 2045                                                                                                                                                                                                                                | 10 | 243 | 3,143 | 396 | 396 | 6,405 | 0 | 0 | 5,088 |
| 2046                                                                                                                                                                                                                                | 11 | 261 | 3,506 | 405 | 405 | 7,014 | 0 | 0 | 5,240 |
| 2047                                                                                                                                                                                                                                | 11 | 248 | 3,867 | 414 | 414 | 7,651 | 0 | 0 | 5,398 |
| 2048                                                                                                                                                                                                                                | 12 | 236 | 4,226 | 424 | 424 | 8,317 | 0 | 0 | 5,560 |
| 2049                                                                                                                                                                                                                                | 13 | 222 | 4,582 | 435 | 435 | 9,015 | 0 | 0 | 5,726 |
| 2050                                                                                                                                                                                                                                | 14 | 210 | 4,935 | 446 | 446 | 9,744 | 0 | 0 | 5,898 |
| 2051                                                                                                                                                                                                                                | 16 | 197 | 5,285 | 458 | 458 | 10,508 | 0 | 0 | 6,075 |
| 2052                                                                                                                                                                                                                                | 17 | 183 | 5,633 | 471 | 471 | 11,308 | 0 | 0 | 6,257 |
| 2053                                                                                                                                                                                                                                | 18 | 170 | 5,977 | 484 | 484 | 12,146 | 0 | 0 | 6,445 |
| 2054                                                                                                                                                                                                                                | 20 | 156 | 6,317 | 497 | 497 | 13,022 | 0 | 0 | 6,638 |
| 2055                                                                                                                                                                                                                                | 21 | 143 | 6,654 | 510 | 510 | 13,938 | 0 | 0 | 6,838 |
| 2056                                                                                                                                                                                                                                | 22 | 130 | 6,987 | 524 | 524 | 14,895 | 0 | 0 | 7,043 |
| 2057                                                                                                                                                                                                                                | 24 | 117 | 7,317 | 537 | 537 | 15,895 | 0 | 0 | 7,254 |
| 2058                                                                                                                                                                                                                                | 26 | 103 | 7,642 | 550 | 550 | 16,938 | 0 | 0 | 7,472 |
| 2059                                                                                                                                                                                                                                | 27 | 88 | 7,962 | 563 | 563 | 18,026 | 0 | 0 | 7,696 |
| 2060                                                                                                                                                                                                                                | 29 | 73 | 8,276 | 575 | 575 | 19,159 | 0 | 0 | 7,927 |
| 2061                                                                                                                                                                                                                                | 31 | 57 | 8,583 | 588 | 588 | 20,339 | 0 | 0 | 8,164 |
| 2062                                                                                                                                                                                                                                | 32 | 41 | 8,883 | 601 | 601 | 21,568 | 0 | 0 | 8,409 |
| 2063                                                                                                                                                                                                                                | 34 | 25 | 9,175 | 614 | 614 | 22,848 | 0 | 0 | 8,662 |
| 2064                                                                                                                                                                                                                                | 36 | 8 | 9,459 | 628 | 628 | 24,180 | 0 | 0 | 8,921 |
| 2065                                                                                                                                                                                                                                | 38 | -6 | 9,736 | 642 | 642 | 25,566 | 0 | 0 | 9,189 |
| 2066                                                                                                                                                                                                                                | 40 | -21 | 10,006 | 657 | 657 | 27,009 | 0 | 0 | 9,465 |
| 2067                                                                                                                                                                                                                                | 42 | -36 | 10,268 | 672 | 672 | 28,512 | 0 | 0 | 9,749 |
| 2068                                                                                                                                                                                                                                | 44 | -51 | 10,523 | 687 | 687 | 30,075 | 0 | 0 | 10,041 |
| 2069                                                                                                                                                                                                                                | 46 | -67 | 10,770 | 703 | 703 | 31,701 | 0 | 0 | 10,342 |
| 2070                                                                                                                                                                                                                                | 48 | -80 | 11,011 | 719 | 719 | 33,393 | 0 | 0 | 10,653 |
| 2071                                                                                                                                                                                                                                | 50 | -94 | 11,244 | 736 | 736 | 35,153 | 0 | 0 | 10,972 |
| 2072                                                                                                                                                                                                                                | 52 | -108 | 11,471 | 753 | 753 | 36,983 | 0 | 0 | 11,301 |
| 2073                                                                                                                                                                                                                                | 54 | -121 | 11,690 | 770 | 770 | 38,885 | 0 | 0 | 11,640 |
| 2074                                                                                                                                                                                                                                | 56 | -135 | 11,901 | 787 | 787 | 40,863 | 0 | 0 | 11,990 |
| 2075                                                                                                                                                                                                                                | 58 | -149 | 12,104 | 805 | 805 | 42,918 | 0 | 0 | 12,349 |
| 2076                                                                                                                                                                                                                                | 60 | -164 | 12,299 | 823 | 823 | 45,052 | 0 | 0 | 12,720 |
| 2077                                                                                                                                                                                                                                | 62 | -178 | 12,485 | 840 | 840 | 47,270 | 0 | 0 | 13,101 |
| 1/ Including redemption of Trust Fund assets as of 1-1-2003.2/ Includes reimbursement for minimum DI benefits and specified transfers from FY 2007-2013.3/ Trust Funds are assumed to borrow from the General Fund of the Treasury. |
|                                                                                                                                                                                                                                | Office of the Chief ActuarySocial Security AdministrationSeptember 9, 2003 |

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