| 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 | 536.9 |
| 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 | -1,120.9 | 516.1 |
| 2029                                                             | 1,525.4 | 23.4 | 85.5 | 15.6 | 153.2 | -1,014.2 | 511.2 |
| 2030                                                             | 1,409.4 | 25.3 | 84.4 | 17.8 | 150.8 | -904.8 | 504.6 |
| 2031                                                             | 1,289.5 | 26.0 | 83.4 | 20.0 | 148.4 | -793.8 | 495.7 |
| 2032                                                             | 1,166.5 | 26.6 | 82.3 | 22.2 | 149.1 | -678.2 | 488.3 |
| 2033                                                             | 1,041.2 | 27.5 | 81.2 | 24.4 | 146.8 | -560.7 | 480.5 |
| 2034                                                             | 914.6 | 28.2 | 80.1 | 26.7 | 144.5 | -441.4 | 473.1 |
| 2035                                                             | 787.2 | 29.0 | 79.0 | 28.9 | 139.2 | -323.3 | 463.9 |
| 2036                                                             | 659.9 | 29.9 | 77.8 | 31.1 | 134.2 | -205.9 | 454.0 |
| 2037                                                             | 533.0 | 30.9 | 76.6 | 33.3 | 129.2 | -89.1 | 444.0 |
| 2038                                                             | 407.2 | 31.8 | 75.4 | 35.5 | 124.4 | 27.3 | 434.5 |
| 2039                                                             | 282.7 | 32.8 | 74.2 | 37.7 | 116.9 | 140.5 | 423.2 |
| 2040                                                             | 159.8 | 33.8 | 73.1 | 39.9 | 112.4 | 253.5 | 413.2 |
| 2041                                                             | 38.4 | 34.9 | 72.0 | 42.0 | 105.2 | 363.6 | 402.1 |
| 2042                                                             | -81.4 | 36.0 | 70.8 | 44.1 | 100.9 | 473.9 | 392.5 |
| 2043                                                             | -199.5 | 37.1 | 69.7 | 46.2 | 94.1 | 581.6 | 382.0 |
| 2044                                                             | -316.0 | 38.2 | 68.7 | 48.2 | 87.5 | 686.9 | 370.8 |
| 2045                                                             | -430.8 | 39.3 | 67.6 | 50.2 | 81.1 | 789.9 | 359.1 |
| 2046                                                             | -544.1 | 40.4 | 66.5 | 52.2 | 77.3 | 893.3 | 349.3 |
| 2047                                                             | -655.8 | 41.5 | 65.4 | 54.0 | 73.6 | 997.0 | 341.2 |
| 2048                                                             | -766.0 | 42.5 | 64.4 | 55.7 | 65.2 | 1,096.1 | 330.1 |
| 2049                                                             | -874.8 | 43.4 | 63.4 | 57.4 | 61.8 | 1,195.3 | 320.5 |
| 2050                                                             | -982.4 | 44.3 | 62.3 | 59.4 | 58.4 | 1,295.1 | 312.7 |
| 2051                                                             | -1,089.0 | 45.0 | 61.3 | 61.1 | 52.9 | 1,392.9 | 303.8 |
| 2052                                                             | -1,194.8 | 45.7 | 60.3 | 62.7 | 49.7 | 1,490.8 | 296.0 |
| 2053                                                             | -1,299.7 | 46.4 | 59.3 | 64.3 | 44.5 | 1,586.7 | 287.0 |
| 2054                                                             | -1,403.9 | 46.9 | 58.3 | 65.9 | 41.6 | 1,682.7 | 278.8 |
| 2055                                                             | -1,507.4 | 47.5 | 57.4 | 67.4 | 38.7 | 1,778.9 | 271.5 |
| 2056                                                             | -1,610.3 | 47.9 | 56.4 | 68.9 | 36.0 | 1,875.3 | 265.0 |
| 2057                                                             | -1,712.7 | 48.3 | 55.5 | 70.4 | 31.2 | 1,969.7 | 257.1 |
| 2058                                                             | -1,814.4 | 48.6 | 54.6 | 71.9 | 28.7 | 2,064.4 | 250.0 |
| 2059                                                             | -1,915.3 | 48.9 | 53.7 | 73.4 | 26.2 | 2,159.2 | 243.9 |
| 2060                                                             | -2,015.6 | 49.2 | 52.8 | 74.9 | 21.8 | 2,252.3 | 236.7 |
| 2061                                                             | -2,115.1 | 49.5 | 51.9 | 76.4 | 19.5 | 2,345.8 | 230.7 |
| 2062                                                             | -2,214.1 | 49.9 | 51.1 | 77.8 | 15.3 | 2,437.7 | 223.6 |
| 2063                                                             | -2,312.6 | 50.3 | 50.2 | 79.0 | 15.1 | 2,531.9 | 219.3 |
| 2064                                                             | -2,410.5 | 50.6 | 49.4 | 78.6 | 13.0 | 2,624.6 | 214.1 |
| 2065                                                             | -2,507.7 | 50.9 | 48.6 | 78.0 | 12.8 | 2,717.7 | 210.1 |
| 2066                                                             | -2,604.1 | 51.2 | 47.8 | 77.4 | 10.7 | 2,809.4 | 205.2 |
| 2067                                                             | -2,699.9 | 51.5 | 47.0 | 76.8 | 10.6 | 2,901.2 | 201.3 |
| 2068                                                             | -2,794.9 | 51.7 | 46.2 | 76.0 | 8.7 | 2,991.4 | 196.5 |
| 2069                                                             | -2,889.1 | 52.0 | 45.5 | 75.3 | 8.5 | 3,081.7 | 192.6 |
| 2070                                                             | -2,982.5 | 52.1 | 44.7 | 74.4 | 8.4 | 3,172.0 | 189.5 |
| 2071                                                             | -3,075.0 | 52.3 | 44.0 | 73.6 | 6.6 | 3,260.5 | 185.6 |
| 2072                                                             | -3,166.6 | 52.5 | 43.3 | 72.7 | 6.5 | 3,349.0 | 182.3 |
| 2073                                                             | -3,257.4 | 52.6 | 42.5 | 71.8 | 4.8 | 3,435.6 | 178.2 |
| 2074                                                             | -3,347.3 | 52.7 | 41.8 | 70.8 | 4.7 | 3,522.0 | 174.7 |
| 2075                                                             | -3,436.4 | 52.9 | 41.1 | 69.8 | 4.6 | 3,608.2 | 171.8 |
| 2076                                                             | -3,524.7 | 53.0 | 40.5 | 68.8 | 3.0 | 3,692.5 | 167.9 |
| 2077                                                             | -3,612.1 | 53.0 | 39.8 | 67.8 | 3.0 | 3,776.6 | 164.5 |
| 2078                                                             | -3,698.7 | 53.1 | 39.1 | 66.8 | 2.9 | 3,860.3 | 161.7 |
| Total 2004-78                                                    |   | 2,217.4 | 4,925.0 | 2,905.7 | 3,662.2 |   |   |
| 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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