| IA Contribution 6.4%,Benefit Offset 100.0% With Ultimate Real Trust Fund Interest Rate 3.0With Ultimate Real IA Net Yield Rate of **2.75**With Offset Annuity Net Yield Rate of **2.75**Corporate Tax to Trust Fund as Percent of Pretax IA Real Yield 23.9                        |
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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 | 7.62 | -3.11 | 330 | 0.30 | -5.38 | 7.02 |   | 5.38 |
| 2006                                                                                                                                                                                                                                                                               | 10.65 | 7.85 | -2.80 | 305 | 0.86 | -0.32 | 6.69 |   | 5.71 |
| 2007                                                                                                                                                                                                                                                                               | 10.67 | 8.31 | -2.35 | 281 | 1.41 | -0.11 | 6.59 |   | 5.81 |
| 2008                                                                                                                                                                                                                                                                               | 10.73 | 8.78 | -1.95 | 260 | 1.96 | -0.10 | 6.49 |   | 5.91 |
| 2009                                                                                                                                                                                                                                                                               | 10.84 | 9.26 | -1.59 | 243 | 2.51 | -0.09 | 6.40 |   | 6.00 |
| 2010                                                                                                                                                                                                                                                                               | 10.99 | 9.74 | -1.25 | 228 | 3.06 | -0.08 | 6.32 |   | 6.08 |
| 2011                                                                                                                                                                                                                                                                               | 11.16 | 10.27 | -0.90 | 216 | 3.60 | -0.06 | 6.26 |   | 6.14 |
| 2012                                                                                                                                                                                                                                                                               | 11.38 | 10.78 | -0.60 | 207 | 4.15 | -0.05 | 6.21 |   | 6.19 |
| 2013                                                                                                                                                                                                                                                                               | 11.62 | 11.29 | -0.32 | 200 | 4.69 | -0.04 | 6.16 |   | 6.24 |
| 2014                                                                                                                                                                                                                                                                               | 11.86 | 11.81 | -0.06 | 196 | 5.22 | -0.04 | 6.12 |   | 6.28 |
| 2015                                                                                                                                                                                                                                                                               | 12.12 | 12.32 | 0.21 | 194 | 5.75 | -0.03 | 6.09 |   | 6.31 |
| 2016                                                                                                                                                                                                                                                                               | 12.38 | 12.39 | 0.01 | 195 | 5.82 | -0.02 | 6.07 |   | 6.33 |
| 2017                                                                                                                                                                                                                                                                               | 12.63 | 12.46 | -0.17 | 194 | 5.89 | -0.01 | 6.06 |   | 6.34 |
| 2018                                                                                                                                                                                                                                                                               | 12.89 | 12.54 | -0.35 | 192 | 5.96 | -0.01 | 6.05 |   | 6.35 |
| 2019                                                                                                                                                                                                                                                                               | 13.12 | 12.62 | -0.50 | 188 | 6.03 | -0.01 | 6.04 |   | 6.36 |
| 2020                                                                                                                                                                                                                                                                               | 13.35 | 12.70 | -0.65 | 184 | 6.10 | -0.01 | 6.03 |   | 6.37 |
| 2021                                                                                                                                                                                                                                                                               | 13.58 | 12.78 | -0.80 | 179 | 6.17 | -0.01 | 6.03 |   | 6.37 |
| 2022                                                                                                                                                                                                                                                                               | 13.78 | 12.86 | -0.92 | 173 | 6.24 | -0.01 | 6.02 |   | 6.38 |
| 2023                                                                                                                                                                                                                                                                               | 13.93 | 12.93 | -1.00 | 168 | 6.31 | 0.00 | 6.02 |   | 6.38 |
| 2024                                                                                                                                                                                                                                                                               | 14.06 | 13.01 | -1.05 | 162 | 6.38 | 0.00 | 6.02 |   | 6.38 |
| 2025                                                                                                                                                                                                                                                                               | 14.17 | 13.08 | -1.09 | 156 | 6.45 | 0.00 | 6.01 |   | 6.39 |
| 2026                                                                                                                                                                                                                                                                               | 14.25 | 13.16 | -1.09 | 150 | 6.52 | 0.00 | 6.01 |   | 6.39 |
| 2027                                                                                                                                                                                                                                                                               | 14.30 | 13.23 | -1.07 | 144 | 6.59 | 0.00 | 6.01 |   | 6.39 |
| 2028                                                                                                                                                                                                                                                                               | 14.32 | 13.30 | -1.02 | 139 | 6.65 | 0.00 | 6.01 |   | 6.39 |
| 2029                                                                                                                                                                                                                                                                               | 14.31 | 13.37 | -0.94 | 134 | 6.72 | 0.00 | 6.01 |   | 6.39 |
| 2030                                                                                                                                                                                                                                                                               | 14.26 | 13.43 | -0.83 | 130 | 6.78 | 0.00 | 6.00 |   | 6.40 |
| 2031                                                                                                                                                                                                                                                                               | 14.18 | 13.49 | -0.69 | 127 | 6.84 | 0.00 | 6.00 |   | 6.40 |
| 2032                                                                                                                                                                                                                                                                               | 14.08 | 13.55 | -0.52 | 125 | 6.91 | 0.00 | 6.00 |   | 6.40 |
| 2033                                                                                                                                                                                                                                                                               | 13.94 | 13.61 | -0.33 | 125 | 6.97 | 0.00 | 6.00 |   | 6.40 |
| 2034                                                                                                                                                                                                                                                                               | 13.79 | 13.66 | -0.13 | 125 | 7.02 | 0.00 | 6.00 |   | 6.40 |
| 2035                                                                                                                                                                                                                                                                               | 13.62 | 13.62 | 0.00 | 128 | 6.99 | 0.00 | 6.00 |   | 6.40 |
| 2036                                                                                                                                                                                                                                                                               | 13.43 | 13.43 | 0.00 | 132 | 6.80 | 0.00 | 6.00 |   | 6.40 |
| 2037                                                                                                                                                                                                                                                                               | 13.22 | 13.22 | 0.00 | 136 | 6.60 | 0.00 | 6.00 |   | 6.40 |
| 2038                                                                                                                                                                                                                                                                               | 13.00 | 12.99 | 0.00 | 140 | 6.39 | 0.00 | 6.00 |   | 6.40 |
| 2039                                                                                                                                                                                                                                                                               | 12.76 | 12.76 | 0.00 | 145 | 6.16 | 0.00 | 6.00 |   | 6.40 |
| 2040                                                                                                                                                                                                                                                                               | 12.52 | 12.51 | 0.00 | 150 | 5.93 | 0.00 | 6.00 |   | 6.40 |
| 2041                                                                                                                                                                                                                                                                               | 12.26 | 12.27 | 0.00 | 156 | 5.70 | 0.00 | 6.00 |   | 6.40 |
| 2042                                                                                                                                                                                                                                                                               | 12.00 | 12.00 | 0.00 | 162 | 5.44 | 0.00 | 6.00 |   | 6.40 |
| 2043                                                                                                                                                                                                                                                                               | 11.74 | 11.74 | 0.00 | 168 | 5.19 | 0.00 | 6.00 |   | 6.40 |
| 2044                                                                                                                                                                                                                                                                               | 11.47 | 11.46 | 0.00 | 175 | 4.93 | 0.00 | 6.00 |   | 6.40 |
| 2045                                                                                                                                                                                                                                                                               | 11.19 | 11.19 | 0.00 | 182 | 4.67 | 0.00 | 6.00 |   | 6.40 |
| 2046                                                                                                                                                                                                                                                                               | 10.92 | 10.91 | 0.00 | 190 | 4.41 | 0.00 | 6.00 |   | 6.40 |
| 2047                                                                                                                                                                                                                                                                               | 10.63 | 10.63 | 0.00 | 198 | 4.14 | 0.00 | 6.00 |   | 6.40 |
| 2048                                                                                                                                                                                                                                                                               | 10.36 | 10.36 | 0.00 | 206 | 3.88 | 0.00 | 6.00 |   | 6.40 |
| 2049                                                                                                                                                                                                                                                                               | 10.09 | 10.09 | 0.00 | 215 | 3.62 | 0.00 | 6.00 |   | 6.40 |
| 2050                                                                                                                                                                                                                                                                               | 9.84 | 9.83 | 0.00 | 224 | 3.38 | 0.00 | 6.00 |   | 6.40 |
| 2051                                                                                                                                                                                                                                                                               | 9.58 | 9.59 | 0.00 | 234 | 3.15 | 0.00 | 6.00 |   | 6.40 |
| 2052                                                                                                                                                                                                                                                                               | 9.34 | 9.34 | 0.00 | 244 | 2.92 | 0.00 | 6.00 |   | 6.40 |
| 2053                                                                                                                                                                                                                                                                               | 9.10 | 9.10 | 0.00 | 255 | 2.68 | 0.00 | 6.00 |   | 6.40 |
| 2054                                                                                                                                                                                                                                                                               | 8.88 | 8.88 | 0.00 | 266 | 2.47 | 0.00 | 6.00 |   | 6.40 |
| 2055                                                                                                                                                                                                                                                                               | 8.66 | 8.66 | 0.00 | 277 | 2.27 | 0.00 | 6.00 |   | 6.40 |
| 2056                                                                                                                                                                                                                                                                               | 8.45 | 8.45 | 0.00 | 288 | 2.07 | 0.00 | 6.00 |   | 6.40 |
| 2057                                                                                                                                                                                                                                                                               | 8.26 | 8.27 | 0.00 | 300 | 1.90 | 0.00 | 6.00 |   | 6.40 |
| 2058                                                                                                                                                                                                                                                                               | 8.09 | 8.09 | 0.00 | 311 | 1.72 | 0.00 | 6.00 |   | 6.40 |
| 2059                                                                                                                                                                                                                                                                               | 7.93 | 7.93 | 0.00 | 323 | 1.57 | 0.00 | 6.00 |   | 6.40 |
| 2060                                                                                                                                                                                                                                                                               | 7.79 | 7.79 | 0.00 | 334 | 1.44 | 0.00 | 6.00 |   | 6.40 |
| 2061                                                                                                                                                                                                                                                                               | 7.67 | 7.67 | 0.00 | 345 | 1.33 | 0.00 | 6.00 |   | 6.40 |
| 2062                                                                                                                                                                                                                                                                               | 7.56 | 7.56 | 0.00 | 355 | 1.22 | 0.00 | 6.00 |   | 6.40 |
| 2063                                                                                                                                                                                                                                                                               | 7.47 | 7.46 | 0.00 | 366 | 1.13 | 0.00 | 6.00 |   | 6.40 |
| 2064                                                                                                                                                                                                                                                                               | 7.39 | 7.39 | 0.00 | 376 | 1.06 | 0.00 | 6.00 |   | 6.40 |
| 2065                                                                                                                                                                                                                                                                               | 7.31 | 7.31 | 0.00 | 386 | 0.99 | 0.00 | 6.00 |   | 6.40 |
| 2066                                                                                                                                                                                                                                                                               | 7.25 | 7.25 | 0.00 | 396 | 0.93 | 0.00 | 6.00 |   | 6.40 |
| 2067                                                                                                                                                                                                                                                                               | 7.20 | 7.20 | 0.00 | 405 | 0.88 | 0.00 | 6.00 |   | 6.40 |
| 2068                                                                                                                                                                                                                                                                               | 7.15 | 7.15 | 0.00 | 415 | 0.84 | 0.00 | 6.00 |   | 6.40 |
| 2069                                                                                                                                                                                                                                                                               | 7.11 | 7.10 | 0.00 | 424 | 0.79 | 0.00 | 6.00 |   | 6.40 |
| 2070                                                                                                                                                                                                                                                                               | 7.07 | 7.07 | 0.00 | 434 | 0.76 | 0.00 | 6.00 |   | 6.40 |
| 2071                                                                                                                                                                                                                                                                               | 7.05 | 7.05 | 0.00 | 443 | 0.73 | 0.00 | 6.00 |   | 6.40 |
| 2072                                                                                                                                                                                                                                                                               | 7.03 | 7.02 | 0.00 | 451 | 0.71 | 0.00 | 6.00 |   | 6.40 |
| 2073                                                                                                                                                                                                                                                                               | 7.01 | 7.01 | 0.00 | 460 | 0.70 | 0.00 | 6.00 |   | 6.40 |
| 2074                                                                                                                                                                                                                                                                               | 7.00 | 7.00 | 0.00 | 469 | 0.69 | 0.00 | 6.00 |   | 6.40 |
| 2075                                                                                                                                                                                                                                                                               | 6.99 | 6.99 | 0.00 | 477 | 0.68 | 0.00 | 6.00 |   | 6.40 |
| 2076                                                                                                                                                                                                                                                                               | 6.99 | 6.98 | 0.00 | 486 | 0.68 | 0.00 | 6.00 |   | 6.40 |
| 2077                                                                                                                                                                                                                                                                               | 6.98 | 6.98 | 0.00 | 494 | 0.67 | 0.00 | 6.00 |   | 6.40 |
| 2078                                                                                                                                                                                                                                                                               | 6.98 | 6.98 | 0.00 | 502 | 0.68 | 0.00 | 6.00 |   | 6.40 |
|                                                                                                                                                                                                                                                                               | Summarized |   |   |
| CostRateOASDI                                                                                                                                                                                                                                                                      | IncomeRateOASDI | ActuarialBalanceOASDI | Change inActuarialBalance |
| 2003-2077                                                                                                                                                                                                                                                                          | 11.34 | 11.54 | 0.20 | 2.11 |
| Based on Intermediate Assumptions of the 2003 Trustees Report.1 Includes Specified and Corporate Tax--based on General Fund Transfers (see table 2.d).2 Net payroll tax rate to the Trust Funds; reduced by amount redirected for IA contribution, and cut 100% Trust Fund  Ratio. |
|                                                                                                                                                                                                                                                                               | Office of the ActuarySocial Security AdministrationDecember 1, 2003 |

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