| Year             | Present LawOASDI Trust Fund Assetsor If Negative,Unfunded ObligationThrough EOY(1) | RevenuefromEstate Tax(2) | RevenuefromBalancingTax rate(3) | OtherBasic  Changes in OASDI Cash Flow(4) | Total ChangeThroughEnd of Yearwithout equity(5)=(2)+(3)+(4) | Proposal OASDI Trust FundAssets / Unfunded ObligationThrough End of Year |
|------------------|------------------------------------------------------------------------------------|--------------------------|---------------------------------|-------------------------------------------|-------------------------------------------------------------|--------------------------------------------------------------------------|
||
||
| 2005             | 1,674.6                                                                            | 0.0                      | 0.0                             | 0.0                                       | 0.0                                                         | 1,674.6                                                                  | 1,674.6 |
| 2006             | 1,759.0                                                                            | 0.0                      | 0.0                             | 1.7                                       | 1.7                                                         | 1,760.7                                                                  | 1,760.7 |
| 2007             | 1,845.5                                                                            | 0.0                      | 0.0                             | 4.5                                       | 6.2                                                         | 1,851.7                                                                  | 1,851.7 |
| 2008             | 1,930.8                                                                            | 0.0                      | 0.0                             | 7.1                                       | 13.3                                                        | 1,944.0                                                                  | 1,943.9 |
| 2009             | 2,008.4                                                                            | 0.0                      | 0.0                             | 9.8                                       | 23.1                                                        | 2,031.5                                                                  | 2,031.2 |
| 2010             | 2,080.8                                                                            | 18.0                     | 0.0                             | 13.4                                      | 54.5                                                        | 2,135.3                                                                  | 2,134.6 |
| 2011             | 2,148.0                                                                            | 18.0                     | 0.0                             | 17.0                                      | 89.4                                                        | 2,237.4                                                                  | 2,236.2 |
| 2012             | 2,205.6                                                                            | 18.0                     | 0.0                             | 20.4                                      | 127.9                                                       | 2,333.5                                                                  | 2,331.6 |
| 2013             | 2,252.4                                                                            | 18.0                     | 0.0                             | 23.6                                      | 169.5                                                       | 2,422.0                                                                  | 2,419.2 |
| 2014             | 2,289.0                                                                            | 18.0                     | 0.0                             | 26.4                                      | 213.9                                                       | 2,502.9                                                                  | 2,499.2 |
| 2015             | 2,314.3                                                                            | 18.0                     | 0.0                             | 28.9                                      | 260.8                                                       | 2,575.1                                                                  | 2,570.3 |
| 2016             | 2,327.9                                                                            | 17.9                     | 0.0                             | 31.3                                      | 310.0                                                       | 2,637.9                                                                  | 2,631.9 |
| 2017             | 2,329.7                                                                            | 17.9                     | 0.0                             | 33.4                                      | 361.3                                                       | 2,691.0                                                                  | 2,683.8 |
| 2018             | 2,319.7                                                                            | 17.8                     | 0.0                             | 35.2                                      | 414.3                                                       | 2,734.0                                                                  | 2,725.7 |
| 2019             | 2,297.6                                                                            | 17.7                     | 0.0                             | 37.0                                      | 469.0                                                       | 2,766.7                                                                  | 2,757.4 |
| 2020             | 2,263.7                                                                            | 17.6                     | 0.0                             | 38.5                                      | 525.2                                                       | 2,788.9                                                                  | 2,778.9 |
| 2021             | 2,218.5                                                                            | 17.5                     | 0.0                             | 39.9                                      | 582.6                                                       | 2,801.1                                                                  | 2,790.5 |
| 2022             | 2,162.6                                                                            | 17.4                     | 0.0                             | 41.2                                      | 641.2                                                       | 2,803.8                                                                  | 2,793.1 |
| 2023             | 2,096.4                                                                            | 17.3                     | 38.5                            | 42.3                                      | 739.4                                                       | 2,835.8                                                                  | 2,823.5 |
| 2024             | 2,020.7                                                                            | 17.2                     | 38.0                            | 43.3                                      | 838.0                                                       | 2,858.7                                                                  | 2,845.2 |
| 2025             | 1,936.1                                                                            | 17.2                     | 37.5                            | 44.1                                      | 936.8                                                       | 2,872.9                                                                  | 2,858.4 |
| 2026             | 1,843.3                                                                            | 17.1                     | 37.0                            | 44.8                                      | 1,035.7                                                     | 2,879.0                                                                  | 2,864.1 |
| 2027             | 1,743.3                                                                            | 17.1                     | 36.5                            | 45.5                                      | 1,134.8                                                     | 2,878.1                                                                  | 2,863.2 |
| 2028             | 1,637.0                                                                            | 17.0                     | 36.0                            | 46.1                                      | 1,233.9                                                     | 2,870.9                                                                  | 2,856.6 |
| 2029             | 1,525.4                                                                            | 17.0                     | 35.5                            | 46.5                                      | 1,332.9                                                     | 2,858.3                                                                  | 2,845.2 |
| 2030             | 1,409.4                                                                            | 16.9                     | 35.0                            | 46.8                                      | 1,431.7                                                     | 2,841.1                                                                  | 2,829.5 |
| 2031             | 1,289.5                                                                            | 16.9                     | 34.6                            | 47.0                                      | 1,530.1                                                     | 2,819.6                                                                  | 2,810.2 |
| 2032             | 1,166.5                                                                            | 16.8                     | 34.1                            | 47.2                                      | 1,628.3                                                     | 2,794.8                                                                  | 2,788.0 |
| 2033             | 1,041.2                                                                            | 16.8                     | 33.7                            | 47.4                                      | 1,726.2                                                     | 2,767.4                                                                  | 2,763.7 |
| 2034             | 914.6                                                                              | 16.7                     | 33.2                            | 47.5                                      | 1,823.6                                                     | 2,738.2                                                                  | 2,738.0 |
| 2035             | 787.2                                                                              | 16.7                     | 32.8                            | 47.4                                      | 1,920.5                                                     | 2,707.7                                                                  | 2,711.2 |
| 2036             | 659.9                                                                              | 16.7                     | 32.3                            | 47.2                                      | 2,016.6                                                     | 2,676.5                                                                  | 2,684.1 |
| 2037             | 533.0                                                                              | 16.6                     | 31.9                            | 47.1                                      | 2,112.2                                                     | 2,645.2                                                                  | 2,657.0 |
| 2038             | 407.2                                                                              | 16.6                     | 31.5                            | 46.9                                      | 2,207.2                                                     | 2,614.3                                                                  | 2,630.5 |
| 2039             | 282.7                                                                              | 16.5                     | 31.1                            | 46.6                                      | 2,301.4                                                     | 2,584.1                                                                  | 2,604.7 |
| 2040             | 159.8                                                                              | 16.5                     | 30.6                            | 46.0                                      | 2,394.6                                                     | 2,554.3                                                                  | 2,579.5 |
| 2041             | 38.4                                                                               | 16.5                     | 30.2                            | 45.3                                      | 2,486.5                                                     | 2,524.9                                                                  | 2,554.7 |
| 2042             | -81.4                                                                              | 16.4                     | 29.8                            | 44.6                                      | 2,577.3                                                     | 2,496.0                                                                  | 2,530.5 |
| 2043             | -199.5                                                                             | 16.3                     | 29.4                            | 44.0                                      | 2,667.0                                                     | 2,467.5                                                                  | 2,506.9 |
| 2044             | -316.0                                                                             | 16.1                     | 28.9                            | 42.9                                      | 2,755.0                                                     | 2,439.0                                                                  | 2,483.4 |
| 2045             | -430.8                                                                             | 16.0                     | 28.5                            | 41.5                                      | 2,841.0                                                     | 2,410.1                                                                  | 2,459.8 |
| 2046             | -544.1                                                                             | 15.9                     | 28.0                            | 40.1                                      | 2,925.0                                                     | 2,380.9                                                                  | 2,436.0 |
| 2047             | -655.8                                                                             | 15.7                     | 27.6                            | 38.8                                      | 3,007.0                                                     | 2,351.3                                                                  | 2,412.1 |
| 2048             | -766.0                                                                             | 15.6                     | 27.1                            | 37.5                                      | 3,087.3                                                     | 2,321.3                                                                  | 2,388.0 |
| 2049             | -874.8                                                                             | 15.5                     | 26.7                            | 36.2                                      | 3,165.7                                                     | 2,290.9                                                                  | 2,363.8 |
| 2050             | -982.4                                                                             | 15.3                     | 26.3                            | 34.9                                      | 3,242.2                                                     | 2,259.7                                                                  | 2,339.1 |
| 2051             | -1,089.0                                                                           | 15.2                     | 25.8                            | 33.5                                      | 3,316.7                                                     | 2,227.7                                                                  | 2,313.9 |
| 2052             | -1,194.8                                                                           | 15.1                     | 25.4                            | 32.2                                      | 3,389.4                                                     | 2,194.6                                                                  | 2,288.1 |
| 2053             | -1,299.7                                                                           | 14.9                     | 25.0                            | 31.1                                      | 3,460.4                                                     | 2,160.7                                                                  | 2,261.7 |
| 2054             | -1,403.9                                                                           | 14.8                     | 24.6                            | 29.9                                      | 3,529.6                                                     | 2,125.7                                                                  | 2,234.8 |
| 2055             | -1,507.4                                                                           | 14.7                     | 24.2                            | 28.7                                      | 3,597.1                                                     | 2,089.7                                                                  | 2,207.3 |
| 2056             | -1,610.3                                                                           | 14.5                     | 23.8                            | 27.5                                      | 3,663.0                                                     | 2,052.6                                                                  | 2,179.1 |
| 2057             | -1,712.7                                                                           | 14.4                     | 23.4                            | 26.5                                      | 3,727.2                                                     | 2,014.5                                                                  | 2,150.3 |
| 2058             | -1,814.4                                                                           | 14.3                     | 23.0                            | 25.5                                      | 3,789.9                                                     | 1,975.6                                                                  | 2,121.1 |
| 2059             | -1,915.3                                                                           | 14.1                     | 22.6                            | 24.5                                      | 3,851.2                                                     | 1,935.9                                                                  | 2,091.5 |
| 2060             | -2,015.6                                                                           | 14.0                     | 22.2                            | 23.5                                      | 3,911.0                                                     | 1,895.4                                                                  | 2,061.6 |
| 2061             | -2,115.1                                                                           | 13.9                     | 21.9                            | 22.6                                      | 3,969.3                                                     | 1,854.2                                                                  | 2,031.3 |
| 2062             | -2,214.1                                                                           | 13.8                     | 21.5                            | 21.7                                      | 4,026.3                                                     | 1,812.2                                                                  | 2,000.7 |
| 2063             | -2,312.6                                                                           | 13.6                     | 21.2                            | 20.9                                      | 4,082.0                                                     | 1,769.4                                                                  | 1,969.6 |
| 2064             | -2,410.5                                                                           | 13.5                     | 20.8                            | 20.1                                      | 4,136.5                                                     | 1,726.0                                                                  | 1,938.4 |
| 2065             | -2,507.7                                                                           | 13.4                     | 20.5                            | 19.4                                      | 4,189.7                                                     | 1,682.1                                                                  | 1,907.0 |
| 2066             | -2,604.1                                                                           | 13.3                     | 20.1                            | 18.7                                      | 4,241.8                                                     | 1,637.7                                                                  | 1,875.4 |
| 2067             | -2,699.9                                                                           | 13.1                     | 19.8                            | 18.0                                      | 4,292.8                                                     | 1,592.8                                                                  | 1,843.8 |
| 2068             | -2,794.9                                                                           | 13.0                     | 19.5                            | 17.4                                      | 4,342.6                                                     | 1,547.7                                                                  | 1,812.2 |
| 2069             | -2,889.1                                                                           | 12.9                     | 19.2                            | 16.8                                      | 4,391.5                                                     | 1,502.3                                                                  | 1,780.6 |
| 2070             | -2,982.5                                                                           | 12.8                     | 18.8                            | 16.2                                      | 4,439.3                                                     | 1,456.8                                                                  | 1,749.1 |
| 2071             | -3,075.0                                                                           | 12.7                     | 18.5                            | 15.7                                      | 4,486.2                                                     | 1,411.2                                                                  | 1,717.8 |
| 2072             | -3,166.6                                                                           | 12.6                     | 18.2                            | 15.2                                      | 4,532.2                                                     | 1,365.6                                                                  | 1,686.7 |
| 2073             | -3,257.4                                                                           | 12.5                     | 17.9                            | 14.7                                      | 4,577.2                                                     | 1,319.8                                                                  | 1,655.7 |
| 2074             | -3,347.3                                                                           | 12.3                     | 17.6                            | 14.2                                      | 4,621.4                                                     | 1,274.1                                                                  | 1,624.9 |
| 2075             | -3,436.4                                                                           | 12.2                     | 17.3                            | 13.8                                      | 4,664.7                                                     | 1,228.3                                                                  | 1,594.3 |
| 2076             | -3,524.7                                                                           | 12.1                     | 17.0                            | 13.4                                      | 4,707.2                                                     | 1,182.6                                                                  | 1,563.9 |
| 2077             | -3,612.1                                                                           | 12.0                     | 16.8                            | 13.0                                      | 4,749.0                                                     | 1,136.9                                                                  | 1,533.8 |
| 2078             | -3,698.7                                                                           | 11.9                     | 16.5                            | 12.6                                      | 4,789.9                                                     | 1,091.3                                                                  | 1,504.0 |
| Total  2004-2078 |                                                                               | 1,072.6                  | 1,485.5                         | 2,231.8                                   |                                                        |                                                                     |   |

**Note: Present Value discount at Treasury Bond yield, except col (7) where PV discount at TF yield with equity returns**Based on Intermediate Assumptions of the 2004 Trustees Report With Ultimate Real Trust Fund Yield Rate of **3.7**With Ultimate Real Treasury Bond Yield Rate of **3.0**

Office of the Chief ActuarySocial Security AdministrationApril 13, 2005

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