| Individual Account Contribution Rate: 4.0%Benefit Offset: 100.0% |
|------------------------------------------------------------------|
||
||
| 2005                                                             | 1,674.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1,674.6 |
| 2006                                                             | 1,759.0 | 0.0 | 64.0 | 0.0 | 0.0 | -64.0 | 1,695.0 |
| 2007                                                             | 1,845.5 | 0.0 | 69.8 | 0.0 | 0.0 | -133.8 | 1,711.7 |
| 2008                                                             | 1,930.8 | 0.0 | 72.2 | 0.0 | 0.0 | -206.0 | 1,724.8 |
| 2009                                                             | 2,008.4 | 0.0 | 74.4 | 0.0 | 0.0 | -280.4 | 1,728.1 |
| 2010                                                             | 2,080.8 | 0.0 | 76.6 | 0.0 | 0.0 | -356.9 | 1,723.8 |
| 2011                                                             | 2,148.0 | 0.0 | 78.6 | 0.0 | 0.0 | -435.6 | 1,712.4 |
| 2012                                                             | 2,205.6 | 0.0 | 80.4 | 0.0 | 0.0 | -516.0 | 1,689.6 |
| 2013                                                             | 2,252.4 | 0.0 | 82.0 | 0.0 | 0.0 | -598.0 | 1,654.4 |
| 2014                                                             | 2,289.0 | 0.0 | 83.7 | 0.0 | 0.0 | -681.7 | 1,607.3 |
| 2015                                                             | 2,314.3 | 0.0 | 85.2 | 0.0 | 0.0 | -766.9 | 1,547.5 |
| 2016                                                             | 2,327.9 | 0.0 | 86.4 | 0.0 | 0.0 | -853.3 | 1,474.6 |
| 2017                                                             | 2,329.7 | 0.0 | 87.5 | 0.0 | 0.0 | -940.8 | 1,388.9 |
| 2018                                                             | 2,319.7 | 0.0 | 88.4 | 0.0 | 0.0 | -1,029.2 | 1,290.5 |
| 2019                                                             | 2,297.6 | 0.0 | 89.0 | 0.0 | 0.0 | -1,118.2 | 1,179.4 |
| 2020                                                             | 2,263.7 | 0.0 | 89.5 | 0.0 | 0.0 | -1,207.7 | 1,056.0 |
| 2021                                                             | 2,218.5 | 0.0 | 89.7 | 0.0 | 0.0 | -1,297.4 | 921.0 |
| 2022                                                             | 2,162.6 | 0.0 | 89.8 | 1.1 | 0.0 | -1,386.1 | 776.5 |
| 2023                                                             | 2,096.4 | 2.5 | 89.7 | 3.1 | 0.0 | -1,470.2 | 626.2 |
| 2024                                                             | 2,020.7 | 9.7 | 89.4 | 5.0 | 63.6 | -1,481.3 | 539.5 |
| 2025                                                             | 1,936.1 | 10.9 | 88.9 | 7.1 | 153.0 | -1,399.1 | 537.0 |
| 2026                                                             | 1,843.3 | 12.9 | 88.2 | 9.1 | 154.0 | -1,311.3 | 532.0 |
| 2027                                                             | 1,743.3 | 15.1 | 87.4 | 11.2 | 154.9 | -1,217.5 | 525.8 |
| 2028                                                             | 1,637.0 | 17.3 | 86.5 | 13.4 | 152.4 | -1,120.8 | 516.2 |
| 2029                                                             | 1,525.4 | 23.5 | 85.5 | 15.6 | 150.0 | -1,017.3 | 508.1 |
| 2030                                                             | 1,409.4 | 25.3 | 84.4 | 17.8 | 154.0 | -904.6 | 504.8 |
| 2031                                                             | 1,289.5 | 26.1 | 83.4 | 20.0 | 151.5 | -790.4 | 499.1 |
| 2032                                                             | 1,166.5 | 26.7 | 82.3 | 22.2 | 149.1 | -674.6 | 491.8 |
| 2033                                                             | 1,041.2 | 27.6 | 81.2 | 24.4 | 146.8 | -557.0 | 484.2 |
| 2034                                                             | 914.6 | 28.4 | 80.1 | 26.7 | 141.5 | -440.6 | 474.0 |
| 2035                                                             | 787.2 | 29.2 | 79.0 | 28.9 | 139.2 | -322.2 | 465.0 |
| 2036                                                             | 659.9 | 30.2 | 77.8 | 31.1 | 134.2 | -204.6 | 455.3 |
| 2037                                                             | 533.0 | 31.2 | 76.6 | 33.3 | 126.4 | -90.3 | 442.7 |
| 2038                                                             | 407.2 | 32.1 | 75.4 | 35.5 | 124.4 | 26.4 | 433.5 |
| 2039                                                             | 282.7 | 33.2 | 74.2 | 37.7 | 116.9 | 140.0 | 422.7 |
| 2040                                                             | 159.8 | 34.2 | 73.1 | 39.9 | 112.4 | 253.4 | 413.1 |
| 2041                                                             | 38.4 | 35.4 | 72.0 | 42.0 | 105.2 | 364.0 | 402.5 |
| 2042                                                             | -81.4 | 36.5 | 70.8 | 44.1 | 98.3 | 472.1 | 390.8 |
| 2043                                                             | -199.5 | 37.7 | 69.7 | 46.2 | 94.1 | 580.4 | 380.9 |
| 2044                                                             | -316.0 | 38.9 | 68.7 | 48.2 | 87.5 | 686.4 | 370.4 |
| 2045                                                             | -430.8 | 40.0 | 67.6 | 50.2 | 81.1 | 790.1 | 359.3 |
| 2046                                                             | -544.1 | 41.2 | 66.5 | 52.2 | 77.3 | 894.3 | 350.3 |
| 2047                                                             | -655.8 | 42.3 | 65.4 | 54.0 | 71.2 | 996.4 | 340.6 |
| 2048                                                             | -766.0 | 43.4 | 64.4 | 55.7 | 65.2 | 1,096.3 | 330.4 |
| 2049                                                             | -874.8 | 44.4 | 63.4 | 57.4 | 61.8 | 1,196.6 | 321.8 |
| 2050                                                             | -982.4 | 45.3 | 62.3 | 59.4 | 56.1 | 1,295.1 | 312.6 |
| 2051                                                             | -1,089.0 | 46.2 | 61.3 | 61.1 | 52.9 | 1,394.0 | 304.9 |
| 2052                                                             | -1,194.8 | 46.9 | 60.3 | 62.7 | 47.5 | 1,490.8 | 296.0 |
| 2053                                                             | -1,299.7 | 47.6 | 59.3 | 64.3 | 44.5 | 1,587.9 | 288.3 |
| 2054                                                             | -1,403.9 | 48.3 | 58.3 | 65.9 | 39.4 | 1,683.1 | 279.3 |
| 2055                                                             | -1,507.4 | 48.9 | 57.4 | 67.4 | 36.6 | 1,778.6 | 271.2 |
| 2056                                                             | -1,610.3 | 49.4 | 56.4 | 68.9 | 33.9 | 1,874.4 | 264.1 |
| 2057                                                             | -1,712.7 | 49.9 | 55.5 | 70.4 | 31.2 | 1,970.4 | 257.8 |
| 2058                                                             | -1,814.4 | 50.3 | 54.6 | 71.9 | 26.6 | 2,064.7 | 250.3 |
| 2059                                                             | -1,915.3 | 50.7 | 53.7 | 73.4 | 24.2 | 2,159.3 | 244.0 |
| 2060                                                             | -2,015.6 | 51.1 | 52.8 | 74.9 | 19.8 | 2,252.3 | 236.7 |
| 2061                                                             | -2,115.1 | 51.5 | 51.9 | 76.4 | 17.5 | 2,345.8 | 230.7 |
| 2062                                                             | -2,214.1 | 52.0 | 51.1 | 77.8 | 13.4 | 2,437.9 | 223.8 |
| 2063                                                             | -2,312.6 | 52.4 | 50.2 | 79.0 | 13.2 | 2,532.3 | 219.7 |
| 2064                                                             | -2,410.5 | 52.8 | 49.4 | 78.6 | 11.1 | 2,625.4 | 214.9 |
| 2065                                                             | -2,507.7 | 53.1 | 48.6 | 78.0 | 9.1 | 2,717.1 | 209.4 |
| 2066                                                             | -2,604.1 | 53.4 | 47.8 | 77.4 | 9.0 | 2,809.1 | 205.0 |
| 2067                                                             | -2,699.9 | 53.7 | 47.0 | 76.8 | 8.8 | 2,901.4 | 201.5 |
| 2068                                                             | -2,794.9 | 54.0 | 46.2 | 76.0 | 6.9 | 2,992.1 | 197.2 |
| 2069                                                             | -2,889.1 | 54.2 | 45.5 | 75.3 | 6.8 | 3,082.9 | 193.8 |
| 2070                                                             | -2,982.5 | 54.4 | 44.7 | 74.4 | 5.0 | 3,172.1 | 189.6 |
| 2071                                                             | -3,075.0 | 54.5 | 44.0 | 73.6 | 4.1 | 3,260.3 | 185.3 |
| 2072                                                             | -3,166.6 | 54.7 | 43.3 | 72.7 | 3.2 | 3,347.7 | 181.1 |
| 2073                                                             | -3,257.4 | 54.8 | 42.5 | 71.8 | 3.2 | 3,434.9 | 177.5 |
| 2074                                                             | -3,347.3 | 54.9 | 41.8 | 70.8 | 3.1 | 3,521.9 | 174.6 |
| 2075                                                             | -3,436.4 | 55.0 | 41.1 | 69.8 | 1.5 | 3,607.1 | 170.7 |
| 2076                                                             | -3,524.7 | 55.1 | 40.5 | 68.8 | 1.5 | 3,692.0 | 167.4 |
| 2077                                                             | -3,612.1 | 55.1 | 39.8 | 67.8 | 1.5 | 3,776.7 | 164.6 |
| 2078                                                             | -3,698.7 | 55.2 | 39.1 | 66.8 | 0.0 | 3,859.6 | 160.9 |
| Total 2004-78                                                    |   | 2,281.1 | 4,925.0 | 2,905.7 | 3,597.7 |   |   |
| 1Total change equals total change from the prior year + Column(2) - Column(3) + Column(4) + Column (5). |
|---------------------------------------------------------------------------------------------------------|

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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