| With Ultimate Real Trust Fund Interest Rate of 3.0                                                    |
|-------------------------------------------------------------------------------------------------------|
||
| 2003                                                                                                  | 10.89 | 12.73 | 1.83 | 288 |   | 12.40 |
| 2004                                                                                                  | 10.78 | 12.70 | 1.91 | 309 |   | 12.40 |
| 2005                                                                                                  | 10.65 | 12.71 | 2.06 | 331 |   | 12.40 |
| 2006                                                                                                  | 10.51 | 12.70 | 2.20 | 355 |   | 12.40 |
| 2007                                                                                                  | 10.47 | 12.72 | 2.25 | 378 |   | 12.40 |
| 2008                                                                                                  | 10.48 | 12.73 | 2.25 | 400 |   | 12.40 |
| 2009                                                                                                  | 10.53 | 12.74 | 2.20 | 422 |   | 12.40 |
| 2010                                                                                                  | 10.63 | 12.76 | 2.13 | 442 |   | 12.40 |
| 2011                                                                                                  | 10.75 | 12.82 | 2.07 | 460 |   | 12.40 |
| 2012                                                                                                  | 10.91 | 12.81 | 1.90 | 477 |   | 12.40 |
| 2013                                                                                                  | 11.11 | 12.83 | 1.72 | 490 |   | 12.40 |
| 2014                                                                                                  | 11.32 | 12.84 | 1.52 | 501 |   | 12.40 |
| 2015                                                                                                  | 11.56 | 12.86 | 1.30 | 510 |   | 12.40 |
| 2016                                                                                                  | 11.83 | 12.88 | 1.05 | 515 |   | 12.40 |
| 2017                                                                                                  | 12.12 | 12.90 | 0.78 | 518 |   | 12.40 |
| 2018                                                                                                  | 12.42 | 12.91 | 0.50 | 518 |   | 12.40 |
| 2019                                                                                                  | 12.71 | 12.93 | 0.22 | 516 |   | 12.40 |
| 2020                                                                                                  | 13.03 | 12.95 | -0.08 | 512 |   | 12.40 |
| 2021                                                                                                  | 13.35 | 12.97 | -0.38 | 506 |   | 12.40 |
| 2022                                                                                                  | 13.65 | 12.99 | -0.66 | 498 |   | 12.40 |
| 2023                                                                                                  | 13.93 | 13.01 | -0.92 | 491 |   | 12.40 |
| 2024                                                                                                  | 14.19 | 13.03 | -1.17 | 482 |   | 12.40 |
| 2025                                                                                                  | 14.45 | 13.04 | -1.41 | 472 |   | 12.40 |
| 2026                                                                                                  | 14.69 | 13.06 | -1.63 | 461 |   | 12.40 |
| 2027                                                                                                  | 14.91 | 13.07 | -1.84 | 450 |   | 12.40 |
| 2028                                                                                                  | 15.13 | 13.09 | -2.03 | 438 |   | 12.40 |
| 2029                                                                                                  | 15.32 | 13.11 | -2.21 | 425 |   | 12.40 |
| 2030                                                                                                  | 15.48 | 13.12 | -2.36 | 412 |   | 12.40 |
| 2031                                                                                                  | 15.62 | 13.13 | -2.49 | 399 |   | 12.40 |
| 2032                                                                                                  | 15.74 | 13.14 | -2.59 | 386 |   | 12.40 |
| 2033                                                                                                  | 15.83 | 13.15 | -2.68 | 373 |   | 12.40 |
| 2034                                                                                                  | 15.91 | 13.16 | -2.75 | 360 |   | 12.40 |
| 2035                                                                                                  | 15.97 | 13.17 | -2.80 | 346 |   | 12.40 |
| 2036                                                                                                  | 16.01 | 13.17 | -2.84 | 333 |   | 12.40 |
| 2037                                                                                                  | 16.07 | 13.18 | -2.89 | 319 |   | 12.40 |
| 2038                                                                                                  | 16.11 | 13.18 | -2.92 | 306 |   | 12.40 |
| 2039                                                                                                  | 16.14 | 13.19 | -2.95 | 292 |   | 12.40 |
| 2040                                                                                                  | 16.17 | 13.19 | -2.98 | 278 |   | 12.40 |
| 2041                                                                                                  | 16.20 | 13.20 | -3.00 | 264 |   | 12.40 |
| 2042                                                                                                  | 16.23 | 13.20 | -3.03 | 249 |   | 12.40 |
| 2043                                                                                                  | 16.27 | 13.21 | -3.06 | 234 |   | 12.40 |
| 2044                                                                                                  | 16.31 | 13.21 | -3.10 | 219 |   | 12.40 |
| 2045                                                                                                  | 16.36 | 13.22 | -3.14 | 203 |   | 12.40 |
| 2046                                                                                                  | 16.42 | 13.22 | -3.20 | 187 |   | 12.40 |
| 2047                                                                                                  | 16.48 | 13.23 | -3.25 | 170 |   | 12.40 |
| 2048                                                                                                  | 16.54 | 13.24 | -3.31 | 153 |   | 12.40 |
| 2049                                                                                                  | 16.61 | 13.24 | -3.37 | 135 |   | 12.40 |
| 2050                                                                                                  | 16.68 | 13.25 | -3.43 | 117 |   | 12.40 |
| 2051                                                                                                  | 16.76 | 13.26 | -3.51 | 98 |   | 12.40 |
| 2052                                                                                                  | 16.85 | 13.26 | -3.59 | 78 |   | 12.40 |
| 2053                                                                                                  | 16.93 | 13.27 | -3.66 | 58 |   | 12.40 |
| 2054                                                                                                  | 17.02 | 13.28 | -3.74 | 38 |   | 12.40 |
| 2055                                                                                                  | 17.10 | 13.28 | -3.81 | 17 |   | 12.40 |
| 2056                                                                                                  | 17.18 | 13.29 | -3.89 | -- |   | 12.40 |
| 2057                                                                                                  | 17.25 | 13.30 | -3.96 | -- |   | 12.40 |
| 2058                                                                                                  | 17.32 | 13.30 | -4.02 | -- |   | 12.40 |
| 2059                                                                                                  | 17.38 | 13.31 | -4.07 | -- |   | 12.40 |
| 2060                                                                                                  | 17.44 | 13.31 | -4.13 | -- |   | 12.40 |
| 2061                                                                                                  | 17.49 | 13.32 | -4.18 | -- |   | 12.40 |
| 2062                                                                                                  | 17.55 | 13.32 | -4.23 | -- |   | 12.40 |
| 2063                                                                                                  | 17.61 | 13.33 | -4.28 | -- |   | 12.40 |
| 2064                                                                                                  | 17.67 | 13.33 | -4.34 | -- |   | 12.40 |
| 2065                                                                                                  | 17.73 | 13.34 | -4.39 | -- |   | 12.40 |
| 2066                                                                                                  | 17.79 | 13.34 | -4.45 | -- |   | 12.40 |
| 2067                                                                                                  | 17.85 | 13.35 | -4.51 | -- |   | 12.40 |
| 2068                                                                                                  | 17.92 | 13.35 | -4.57 | -- |   | 12.40 |
| 2069                                                                                                  | 17.98 | 13.36 | -4.62 | -- |   | 12.40 |
| 2070                                                                                                  | 18.04 | 13.36 | -4.68 | -- |   | 12.40 |
| 2071                                                                                                  | 18.11 | 13.36 | -4.75 | -- |   | 12.40 |
| 2072                                                                                                  | 18.18 | 13.37 | -4.81 | -- |   | 12.40 |
| 2073                                                                                                  | 18.24 | 13.37 | -4.87 | -- |   | 12.40 |
| 2074                                                                                                  | 18.30 | 13.38 | -4.92 | -- |   | 12.40 |
| 2075                                                                                                  | 18.37 | 13.38 | -4.98 | -- |   | 12.40 |
| 2076                                                                                                  | 18.43 | 13.39 | -5.04 | -- |   | 12.40 |
| 2077                                                                                                  | 18.49 | 13.39 | -5.10 | -- |   | 12.40 |
| 2078                                                                                                  | 18.55 | 13.39 | -5.15 | -- |   | 12.40 |
|                                                                                                  | Summarized |   |   |
|                                                                                                  | Cost RateOASDI | Income RateOASDI | ActuarialBalanceOASDI | Change in ActuarialBalance |   |   |
| 2003-27                                                                                               | 12.49 | 14.28 | 1.79 | 0.53 |   |   |
| 2003-52                                                                                               | 13.92 | 13.82 | -0.10 | 0.85 |   |   |
| 2003-77                                                                                               | 14.69 | 13.71 | -0.97 | 0.94 |   |   |
| Based on Intermediate Assumptions of the 2003 Trustees ReportWith Ultimate Real Interest Rate of 3.00 | Office of the ActuarySocial Security AdministrationSeptember 29, 2003 |

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