| IA Contribution 6.4%,Benefit Offset 100.0% With Ultimate Real Trust Fund Interest Rate 3.0With Ultimate Real IA Net Yield Rate of 5.2With Offset Annuity Net Yield Rate of 5.2                                                                                 |
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| 2003                                                                                                                                                                                                                                                           | 10.89 | 12.70 | 1.81 | 288 |   |   | 12.40 |   | 0 |
| 2004                                                                                                                                                                                                                                                           | 10.82 | 12.69 | 1.88 | 309 |   |   | 12.40 |   | 0 |
| 2005                                                                                                                                                                                                                                                           | 10.73 | 7.32 | -3.42 | 330 | 0.00 | -5.38 | 7.02 |   | 5.38 |
| 2006                                                                                                                                                                                                                                                           | 10.65 | 7.00 | -3.66 | 302 | 0.00 | -0.32 | 6.69 |   | 5.71 |
| 2007                                                                                                                                                                                                                                                           | 10.67 | 6.90 | -3.76 | 270 | 0.00 | -0.11 | 6.59 |   | 5.81 |
| 2008                                                                                                                                                                                                                                                           | 10.73 | 6.82 | -3.91 | 237 | 0.00 | -0.10 | 6.49 |   | 5.91 |
| 2009                                                                                                                                                                                                                                                           | 10.84 | 6.74 | -4.10 | 201 | 0.00 | -0.09 | 6.40 |   | 6.00 |
| 2010                                                                                                                                                                                                                                                           | 10.99 | 6.68 | -4.31 | 164 | 0.00 | -0.08 | 6.32 |   | 6.08 |
| 2011                                                                                                                                                                                                                                                           | 11.16 | 6.66 | -4.50 | 125 | 0.00 | -0.06 | 6.26 |   | 6.14 |
| 2012                                                                                                                                                                                                                                                           | 11.37 | 6.63 | -4.74 | 86 | 0.00 | -0.05 | 6.21 |   | 6.19 |
| 2013                                                                                                                                                                                                                                                           | 11.60 | 6.61 | -4.99 | 45 | 0.00 | -0.04 | 6.16 |   | 6.24 |
| 2014                                                                                                                                                                                                                                                           | 11.83 | 6.58 | -5.25 | 3 | 0.00 | -0.04 | 6.12 |   | 6.28 |
| 2015                                                                                                                                                                                                                                                           | 12.07 | 6.57 | -5.50 | -- | 0.00 | -0.03 | 6.09 |   | 6.31 |
| 2016                                                                                                                                                                                                                                                           | 12.32 | 6.57 | -5.75 | -- | 0.00 | -0.02 | 6.07 |   | 6.33 |
| 2017                                                                                                                                                                                                                                                           | 12.55 | 6.57 | -5.99 | -- | 0.00 | -0.01 | 6.06 |   | 6.34 |
| 2018                                                                                                                                                                                                                                                           | 12.79 | 6.57 | -6.22 | -- | 0.00 | -0.01 | 6.05 |   | 6.35 |
| 2019                                                                                                                                                                                                                                                           | 13.00 | 6.58 | -6.42 | -- | 0.00 | -0.01 | 6.04 |   | 6.36 |
| 2020                                                                                                                                                                                                                                                           | 13.21 | 6.59 | -6.62 | -- | 0.00 | -0.01 | 6.03 |   | 6.37 |
| 2021                                                                                                                                                                                                                                                           | 13.41 | 6.60 | -6.82 | -- | 0.00 | -0.01 | 6.03 |   | 6.37 |
| 2022                                                                                                                                                                                                                                                           | 13.58 | 6.60 | -6.98 | -- | 0.00 | -0.01 | 6.02 |   | 6.38 |
| 2023                                                                                                                                                                                                                                                           | 13.71 | 6.61 | -7.10 | -- | 0.00 | 0.00 | 6.02 |   | 6.38 |
| 2024                                                                                                                                                                                                                                                           | 13.81 | 6.61 | -7.20 | -- | 0.00 | 0.00 | 6.02 |   | 6.38 |
| 2025                                                                                                                                                                                                                                                           | 13.89 | 6.62 | -7.27 | -- | 0.00 | 0.00 | 6.01 |   | 6.39 |
| 2026                                                                                                                                                                                                                                                           | 13.93 | 6.62 | -7.31 | -- | 0.00 | 0.00 | 6.01 |   | 6.39 |
| 2027                                                                                                                                                                                                                                                           | 13.95 | 6.63 | -7.32 | -- | 0.00 | 0.00 | 6.01 |   | 6.39 |
| 2028                                                                                                                                                                                                                                                           | 13.93 | 6.63 | -7.30 | -- | 0.00 | 0.00 | 6.01 |   | 6.39 |
| 2029                                                                                                                                                                                                                                                           | 13.87 | 6.63 | -7.24 | -- | 0.00 | 0.00 | 6.01 |   | 6.39 |
| 2030                                                                                                                                                                                                                                                           | 13.78 | 6.63 | -7.15 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2031                                                                                                                                                                                                                                                           | 13.65 | 6.62 | -7.03 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2032                                                                                                                                                                                                                                                           | 13.49 | 6.62 | -6.88 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2033                                                                                                                                                                                                                                                           | 13.31 | 6.61 | -6.70 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2034                                                                                                                                                                                                                                                           | 13.09 | 6.60 | -6.49 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2035                                                                                                                                                                                                                                                           | 12.86 | 6.59 | -6.27 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2036                                                                                                                                                                                                                                                           | 12.61 | 6.58 | -6.03 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2037                                                                                                                                                                                                                                                           | 12.34 | 6.57 | -5.77 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2038                                                                                                                                                                                                                                                           | 12.05 | 6.56 | -5.50 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2039                                                                                                                                                                                                                                                           | 11.74 | 6.54 | -5.20 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2040                                                                                                                                                                                                                                                           | 11.42 | 6.53 | -4.90 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2041                                                                                                                                                                                                                                                           | 11.09 | 6.51 | -4.58 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2042                                                                                                                                                                                                                                                           | 10.75 | 6.49 | -4.25 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2043                                                                                                                                                                                                                                                           | 10.40 | 6.48 | -3.92 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2044                                                                                                                                                                                                                                                           | 10.03 | 6.46 | -3.58 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2045                                                                                                                                                                                                                                                           | 9.68 | 6.44 | -3.24 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2046                                                                                                                                                                                                                                                           | 9.31 | 6.42 | -2.89 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2047                                                                                                                                                                                                                                                           | 8.94 | 6.40 | -2.54 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2048                                                                                                                                                                                                                                                           | 8.57 | 6.38 | -2.19 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2049                                                                                                                                                                                                                                                           | 8.20 | 6.36 | -1.84 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2050                                                                                                                                                                                                                                                           | 7.84 | 6.35 | -1.49 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2051                                                                                                                                                                                                                                                           | 7.48 | 6.33 | -1.15 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2052                                                                                                                                                                                                                                                           | 7.13 | 6.31 | -0.83 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2053                                                                                                                                                                                                                                                           | 6.80 | 6.29 | -0.51 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2054                                                                                                                                                                                                                                                           | 6.48 | 6.28 | -0.20 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2055                                                                                                                                                                                                                                                           | 6.19 | 6.26 | 0.07 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2056                                                                                                                                                                                                                                                           | 5.92 | 6.25 | 0.32 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2057                                                                                                                                                                                                                                                           | 5.67 | 6.23 | 0.57 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2058                                                                                                                                                                                                                                                           | 5.43 | 6.22 | 0.79 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2059                                                                                                                                                                                                                                                           | 5.21 | 6.21 | 1.00 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2060                                                                                                                                                                                                                                                           | 5.01 | 6.20 | 1.19 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2061                                                                                                                                                                                                                                                           | 4.82 | 6.19 | 1.37 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2062                                                                                                                                                                                                                                                           | 4.65 | 6.18 | 1.53 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2063                                                                                                                                                                                                                                                           | 4.50 | 6.17 | 1.67 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2064                                                                                                                                                                                                                                                           | 4.36 | 6.16 | 1.80 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2065                                                                                                                                                                                                                                                           | 4.26 | 6.16 | 1.90 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2066                                                                                                                                                                                                                                                           | 4.16 | 6.15 | 1.99 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2067                                                                                                                                                                                                                                                           | 4.08 | 6.15 | 2.07 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2068                                                                                                                                                                                                                                                           | 4.00 | 6.15 | 2.15 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2069                                                                                                                                                                                                                                                           | 3.93 | 6.14 | 2.21 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2070                                                                                                                                                                                                                                                           | 3.87 | 6.14 | 2.26 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2071                                                                                                                                                                                                                                                           | 3.82 | 6.14 | 2.31 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2072                                                                                                                                                                                                                                                           | 3.78 | 6.13 | 2.35 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2073                                                                                                                                                                                                                                                           | 3.74 | 6.13 | 2.39 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2074                                                                                                                                                                                                                                                           | 3.71 | 6.13 | 2.42 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2075                                                                                                                                                                                                                                                           | 3.69 | 6.13 | 2.44 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2076                                                                                                                                                                                                                                                           | 3.66 | 6.13 | 2.46 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2077                                                                                                                                                                                                                                                           | 3.65 | 6.13 | 2.48 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
| 2078                                                                                                                                                                                                                                                           | 3.63 | 6.13 | 2.50 | -- | 0.00 | 0.00 | 6.00 |   | 6.40 |
|                                                                                                                                                                                                                                                           | Summarized |   |   |
| CostRateOASDI                                                                                                                                                                                                                                                  | IncomeRateOASDI | ActuarialBalanceOASDI | Change inActuarialBalance |
| 2003-2077                                                                                                                                                                                                                                                      | 10.30 | 7.47 | -2.83 | -0.91 |
| Based on Intermediate Assumptions of the 2003 Trustees Report.1 Includes Specified and Corporate Tax--based on General Fund Transfers.2 Net payroll tax rate to the Trust Funds; reduced by amount redirected for IA contribution, and cut for Annual Balance. |
|                                                                                                                                                                                                                                                           | Office of the ActuarySocial Security AdministrationDecember 1, 2003 |

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