| Individual Account Contribution Rate: 4.0%Benefit Offset: 100.0% |
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| 2005                                                             | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2006                                                             | 64.0 | 0.0 | 0.0 | -64.0 | 64.0 | -64.0 |
| 2007                                                             | 69.8 | 0.0 | 0.0 | -69.8 | 133.8 | -73.1 |
| 2008                                                             | 72.2 | 0.0 | 0.0 | -72.2 | 206.0 | -79.1 |
| 2009                                                             | 74.4 | 0.0 | 0.0 | -74.4 | 280.4 | -85.2 |
| 2010                                                             | 76.6 | 0.0 | 0.0 | -76.6 | 356.9 | -91.4 |
| 2011                                                             | 78.6 | 0.0 | 0.0 | -78.6 | 435.6 | -97.6 |
| 2012                                                             | 80.4 | 0.0 | 0.0 | -80.4 | 516.0 | -103.7 |
| 2013                                                             | 82.0 | 0.0 | 0.0 | -82.0 | 598.0 | -109.7 |
| 2014                                                             | 83.7 | 0.0 | 0.0 | -83.7 | 681.7 | -116.0 |
| 2015                                                             | 85.2 | 0.0 | 0.0 | -85.2 | 766.9 | -122.3 |
| 2016                                                             | 86.4 | 0.0 | 0.0 | -86.4 | 853.3 | -128.5 |
| 2017                                                             | 87.5 | 0.0 | 0.0 | -87.5 | 940.8 | -134.6 |
| 2018                                                             | 88.4 | 0.0 | 0.0 | -88.4 | 1,029.2 | -140.7 |
| 2019                                                             | 89.0 | 0.0 | 0.0 | -89.0 | 1,118.2 | -146.2 |
| 2020                                                             | 89.5 | 0.0 | 0.0 | -89.5 | 1,207.7 | -151.6 |
| 2021                                                             | 89.7 | 0.0 | 0.0 | -89.7 | 1,297.4 | -156.9 |
| 2022                                                             | 89.8 | 1.1 | 0.0 | -88.7 | 1,386.1 | -160.8 |
| 2023                                                             | 89.7 | 3.1 | 2.5 | -84.1 | 1,470.2 | -161.2 |
| 2024                                                             | 89.4 | 5.0 | 9.7 | -74.7 | 1,544.9 | -156.4 |
| 2025                                                             | 88.9 | 7.1 | 10.9 | -70.9 | 1,615.8 | -156.8 |
| 2026                                                             | 88.2 | 9.1 | 12.9 | -66.1 | 1,681.9 | -155.9 |
| 2027                                                             | 87.4 | 11.2 | 15.1 | -61.1 | 1,743.0 | -154.5 |
| 2028                                                             | 86.5 | 13.4 | 17.3 | -55.8 | 1,798.8 | -152.6 |
| 2029                                                             | 85.5 | 15.6 | 23.5 | -46.4 | 1,845.2 | -146.4 |
| 2030                                                             | 84.4 | 17.8 | 25.3 | -41.3 | 1,886.5 | -143.9 |
| 2031                                                             | 83.4 | 20.0 | 26.1 | -37.3 | 1,923.8 | -142.1 |
| 2032                                                             | 82.3 | 22.2 | 26.7 | -33.4 | 1,957.2 | -140.3 |
| 2033                                                             | 81.2 | 24.4 | 27.6 | -29.2 | 1,986.4 | -137.9 |
| 2034                                                             | 80.1 | 26.7 | 28.4 | -25.0 | 2,011.4 | -135.4 |
| 2035                                                             | 79.0 | 28.9 | 29.2 | -20.9 | 2,032.3 | -132.7 |
| 2036                                                             | 77.8 | 31.1 | 30.2 | -16.5 | 2,048.8 | -129.4 |
| 2037                                                             | 76.6 | 33.3 | 31.2 | -12.1 | 2,060.9 | -125.9 |
| 2038                                                             | 75.4 | 35.5 | 32.1 | -7.7 | 2,068.6 | -122.3 |
| 2039                                                             | 74.2 | 37.7 | 33.2 | -3.3 | 2,071.9 | -118.3 |
| 2040                                                             | 73.1 | 39.9 | 34.2 | 1.0 | 2,070.9 | -114.1 |
| 2041                                                             | 72.0 | 42.0 | 35.4 | 5.4 | 2,065.5 | -109.7 |
| 2042                                                             | 70.8 | 44.1 | 36.5 | 9.8 | 2,055.7 | -105.0 |
| 2043                                                             | 69.7 | 46.2 | 37.7 | 14.1 | 2,041.5 | -100.1 |
| 2044                                                             | 68.7 | 48.2 | 38.9 | 18.4 | 2,023.1 | -95.0 |
| 2045                                                             | 67.6 | 50.2 | 40.0 | 22.7 | 2,000.4 | -89.8 |
| 2046                                                             | 66.5 | 52.2 | 41.2 | 26.9 | 1,973.5 | -84.3 |
| 2047                                                             | 65.4 | 54.0 | 42.3 | 30.9 | 1,942.6 | -78.8 |
| 2048                                                             | 64.4 | 55.7 | 43.4 | 34.7 | 1,907.9 | -73.2 |
| 2049                                                             | 63.4 | 57.4 | 44.4 | 38.5 | 1,869.4 | -67.5 |
| 2050                                                             | 62.3 | 59.4 | 45.3 | 42.4 | 1,827.0 | -61.5 |
| 2051                                                             | 61.3 | 61.1 | 46.2 | 46.0 | 1,781.0 | -55.5 |
| 2052                                                             | 60.3 | 62.7 | 46.9 | 49.4 | 1,731.6 | -49.6 |
| 2053                                                             | 59.3 | 64.3 | 47.6 | 52.6 | 1,679.0 | -43.6 |
| 2054                                                             | 58.3 | 65.9 | 48.3 | 55.8 | 1,623.2 | -37.5 |
| 2055                                                             | 57.4 | 67.4 | 48.9 | 58.9 | 1,564.3 | -31.3 |
| 2056                                                             | 56.4 | 68.9 | 49.4 | 61.9 | 1,502.4 | -25.0 |
| 2057                                                             | 55.5 | 70.4 | 49.9 | 64.8 | 1,437.6 | -18.7 |
| 2058                                                             | 54.6 | 71.9 | 50.3 | 67.6 | 1,369.9 | -12.2 |
| 2059                                                             | 53.7 | 73.4 | 50.7 | 70.4 | 1,299.5 | -5.7 |
| 2060                                                             | 52.8 | 74.9 | 51.1 | 73.2 | 1,226.3 | 1.0 |
| 2061                                                             | 51.9 | 76.4 | 51.5 | 76.0 | 1,150.3 | 7.9 |
| 2062                                                             | 51.1 | 77.8 | 52.0 | 78.7 | 1,071.6 | 14.8 |
| 2063                                                             | 50.2 | 79.0 | 52.4 | 81.2 | 990.3 | 21.7 |
| 2064                                                             | 49.4 | 78.6 | 52.8 | 82.0 | 908.4 | 26.9 |
| 2065                                                             | 48.6 | 78.0 | 53.1 | 82.6 | 825.8 | 32.1 |
| 2066                                                             | 47.8 | 77.4 | 53.4 | 83.1 | 742.7 | 37.2 |
| 2067                                                             | 47.0 | 76.8 | 53.7 | 83.5 | 659.3 | 42.2 |
| 2068                                                             | 46.2 | 76.0 | 54.0 | 83.8 | 575.5 | 47.2 |
| 2069                                                             | 45.5 | 75.3 | 54.2 | 84.0 | 491.5 | 52.0 |
| 2070                                                             | 44.7 | 74.4 | 54.4 | 84.1 | 407.4 | 56.8 |
| 2071                                                             | 44.0 | 73.6 | 54.5 | 84.1 | 323.2 | 61.5 |
| 2072                                                             | 43.3 | 72.7 | 54.7 | 84.1 | 239.1 | 66.1 |
| 2073                                                             | 42.5 | 71.8 | 54.8 | 84.0 | 155.1 | 70.7 |
| 2074                                                             | 41.8 | 70.8 | 54.9 | 83.9 | 71.3 | 75.2 |
| 2075                                                             | 41.1 | 69.8 | 55.0 | 83.7 | -12.4 | 79.7 |
| 2076                                                             | 40.5 | 68.8 | 55.1 | 83.4 | -95.8 | 84.1 |
| 2077                                                             | 39.8 | 67.8 | 55.1 | 83.2 | -179.0 | 88.5 |
| 2078                                                             | 39.1 | 66.8 | 55.2 | 82.9 | -261.9 | 92.8 |
| 2079                                                             | 38.5 | 65.8 | 55.2 | 82.5 | -344.4 | 97.1 |

Based on the Intermediate Assumptions of the 2004 Trustees ReportWith Ultimate Real Trust Fund Interest Rate of 3.0%Benefit Offset Real Yield Rate Set at 3.0%Benefit Offset Real Discount Rate Set at 3.0%

Office of the ActuarySocial Security AdministrationMarch 9, 2005

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