| IA proceeds go to estate if worker dies before entitlementUltimate Real Trust Fund Interest Rate  3.00Ultimate Real PRSA Rate for Offset      3.70Assumed PRSA Participation Rate  100% |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
||
|                                                                                                                                                                                    | (In Billions of Constant 2003 Dollars) |
| 2004                                                                                                                                                                                    | 0.0 | 0.0 | -0.7 | -0.7 | 0.7 | -0.7 |
| 2005                                                                                                                                                                                    | 132.1 | 0.0 | -11.2 | -143.4 | 148.4 | -147.8 |
| 2006                                                                                                                                                                                    | 136.0 | 0.1 | -8.4 | -144.2 | 301.7 | -157.5 |
| 2007                                                                                                                                                                                    | 139.5 | 0.4 | -5.5 | -144.5 | 460.1 | -167.2 |
| 2008                                                                                                                                                                                    | 142.8 | 0.9 | -2.3 | -144.2 | 623.2 | -176.5 |
| 2009                                                                                                                                                                                    | 146.0 | 1.5 | 1.8 | -142.7 | 789.7 | -184.7 |
| 2010                                                                                                                                                                                    | 149.1 | 2.4 | 7.0 | -139.8 | 958.3 | -191.6 |
| 2011                                                                                                                                                                                    | 152.1 | 3.4 | 13.3 | -135.4 | 1,127.3 | -197.0 |
| 2012                                                                                                                                                                                    | 154.8 | 4.6 | 20.5 | -129.7 | 1,295.5 | -201.1 |
| 2013                                                                                                                                                                                    | 157.7 | 6.1 | 28.6 | -123.0 | 1,461.8 | -204.0 |
| 2014                                                                                                                                                                                    | 160.4 | 7.8 | 37.3 | -115.3 | 1,625.1 | -205.9 |
| 2015                                                                                                                                                                                    | 163.1 | 9.8 | 46.5 | -106.8 | 1,784.3 | -206.6 |
| 2016                                                                                                                                                                                    | 165.7 | 12.0 | 56.4 | -97.3 | 1,938.3 | -206.0 |
| 2017                                                                                                                                                                                    | 168.3 | 14.5 | 66.9 | -86.9 | 2,086.0 | -204.2 |
| 2018                                                                                                                                                                                    | 170.9 | 17.3 | 77.9 | -75.8 | 2,226.6 | -201.4 |
| 2019                                                                                                                                                                                    | 173.6 | 20.4 | 89.2 | -64.1 | 2,359.4 | -197.6 |
| 2020                                                                                                                                                                                    | 176.2 | 23.8 | 100.8 | -51.7 | 2,483.4 | -192.7 |
| 2021                                                                                                                                                                                    | 178.9 | 27.5 | 112.7 | -38.6 | 2,597.7 | -186.6 |
| 2022                                                                                                                                                                                    | 181.5 | 31.6 | 124.7 | -25.2 | 2,701.6 | -179.5 |
| 2023                                                                                                                                                                                    | 184.2 | 36.1 | 136.8 | -11.3 | 2,794.3 | -171.4 |
| 2024                                                                                                                                                                                    | 186.9 | 41.0 | 149.3 | 3.3 | 2,874.7 | -161.8 |
| 2025                                                                                                                                                                                    | 189.6 | 46.2 | 161.8 | 18.4 | 2,942.0 | -151.0 |
| 2026                                                                                                                                                                                    | 209.3 | 51.8 | 174.9 | 17.5 | 3,012.3 | -156.0 |
| 2027                                                                                                                                                                                    | 212.4 | 57.9 | 188.7 | 34.2 | 3,067.4 | -142.8 |
| 2028                                                                                                                                                                                    | 215.6 | 64.5 | 202.6 | 51.5 | 3,106.3 | -128.3 |
| 2029                                                                                                                                                                                    | 218.8 | 71.5 | 216.2 | 69.0 | 3,128.5 | -112.6 |
| 2030                                                                                                                                                                                    | 222.1 | 79.0 | 229.5 | 86.5 | 3,133.2 | -95.9 |
| 2031                                                                                                                                                                                    | 225.4 | 87.1 | 243.7 | 105.4 | 3,118.7 | -76.7 |
| 2032                                                                                                                                                                                    | 228.8 | 95.6 | 258.2 | 125.0 | 3,083.5 | -55.7 |
| 2033                                                                                                                                                                                    | 232.3 | 104.7 | 272.9 | 145.3 | 3,026.4 | -32.7 |
| 2034                                                                                                                                                                                    | 235.7 | 114.3 | 287.4 | 166.0 | 2,946.2 | -8.0 |
| 2035                                                                                                                                                                                    | 239.2 | 124.5 | 301.1 | 186.3 | 2,842.7 | 17.7 |
| 2036                                                                                                                                                                                    | 242.7 | 135.2 | 314.9 | 207.4 | 2,714.3 | 45.6 |
| 2037                                                                                                                                                                                    | 246.3 | 146.5 | 328.9 | 229.1 | 2,559.7 | 75.5 |
| 2038                                                                                                                                                                                    | 249.9 | 158.4 | 343.0 | 251.5 | 2,377.4 | 107.7 |
| 2039                                                                                                                                                                                    | 273.9 | 170.9 | 357.0 | 254.0 | 2,187.1 | 121.0 |
| 2040                                                                                                                                                                                    | 294.4 | 184.1 | 370.3 | 260.0 | 1,985.0 | 138.5 |
| 2041                                                                                                                                                                                    | 315.4 | 198.0 | 384.6 | 267.2 | 1,769.3 | 157.9 |
| 2042                                                                                                                                                                                    | 336.9 | 212.5 | 399.5 | 275.2 | 1,538.9 | 178.8 |
| 2043                                                                                                                                                                                    | 358.9 | 227.9 | 415.0 | 284.0 | 1,292.5 | 201.6 |
| 2044                                                                                                                                                                                    | 381.3 | 244.1 | 431.1 | 293.8 | 1,028.7 | 226.2 |
| 2045                                                                                                                                                                                    | 404.3 | 260.7 | 447.0 | 303.4 | 747.0 | 251.7 |
| 2046                                                                                                                                                                                    | 427.8 | 277.7 | 464.0 | 313.9 | 446.1 | 279.2 |
| 2047                                                                                                                                                                                    | 451.8 | 295.1 | 481.6 | 324.9 | 124.9 | 308.2 |
| 2048                                                                                                                                                                                    | 476.4 | 312.8 | 499.6 | 336.0 | -217.5 | 338.7 |
| 2049                                                                                                                                                                                    | 501.5 | 330.8 | 518.2 | 347.5 | -581.9 | 370.8 |
| 2050                                                                                                                                                                                    | 527.1 | 349.2 | 536.7 | 358.7 | -968.9 | 403.9 |
| 2051                                                                                                                                                                                    | 553.3 | 368.0 | 555.8 | 370.5 | -1,379.5 | 438.9 |
| 2052                                                                                                                                                                                    | 580.1 | 387.2 | 575.5 | 382.5 | -1,814.9 | 475.6 |
| 2053                                                                                                                                                                                    | 607.5 | 406.8 | 595.3 | 394.6 | -2,275.8 | 513.7 |
| 2054                                                                                                                                                                                    | 635.5 | 426.8 | 615.4 | 406.7 | -2,763.0 | 553.5 |
| 2055                                                                                                                                                                                    | 664.2 | 445.6 | 635.6 | 417.1 | -3,275.5 | 592.9 |
| 2056                                                                                                                                                                                    | 693.5 | 464.8 | 655.9 | 427.2 | -3,813.7 | 633.6 |
| 2057                                                                                                                                                                                    | 723.6 | 484.3 | 676.4 | 437.1 | -4,378.3 | 675.7 |
| 2058                                                                                                                                                                                    | 754.3 | 504.1 | 696.8 | 446.6 | -4,969.7 | 718.9 |
| 2059                                                                                                                                                                                    | 785.7 | 524.3 | 717.3 | 456.0 | -5,588.5 | 763.5 |
| 2060                                                                                                                                                                                    | 817.8 | 545.0 | 737.9 | 465.1 | -6,235.2 | 809.5 |
| 2061                                                                                                                                                                                    | 850.5 | 566.1 | 758.7 | 474.2 | -6,910.7 | 857.1 |
| 2062                                                                                                                                                                                    | 884.0 | 587.7 | 779.8 | 483.5 | -7,616.0 | 906.6 |
| 2063                                                                                                                                                                                    | 918.2 | 609.7 | 801.4 | 492.9 | -8,352.1 | 958.0 |
| 2064                                                                                                                                                                                    | 953.1 | 632.4 | 823.3 | 502.5 | -9,120.3 | 1,011.4 |
| 2065                                                                                                                                                                                    | 965.6 | 652.1 | 845.8 | 532.4 | -9,942.2 | 1,087.6 |
| 2066                                                                                                                                                                                    | 978.2 | 672.2 | 868.8 | 562.8 | -10,820.1 | 1,167.5 |
| 2067                                                                                                                                                                                    | 991.0 | 692.6 | 892.2 | 593.8 | -11,756.4 | 1,251.4 |
| 2068                                                                                                                                                                                    | 1,003.9 | 713.2 | 916.2 | 625.5 | -12,753.4 | 1,339.4 |
| 2069                                                                                                                                                                                    | 1,016.9 | 734.1 | 940.7 | 657.8 | -13,813.5 | 1,431.6 |
| 2070                                                                                                                                                                                    | 1,030.1 | 755.3 | 963.6 | 688.8 | -14,937.4 | 1,526.2 |
| 2071                                                                                                                                                                                    | 1,043.3 | 776.8 | 986.8 | 720.3 | -16,127.5 | 1,625.1 |
| 2072                                                                                                                                                                                    | 1,056.7 | 798.7 | 1,010.3 | 752.4 | -17,386.2 | 1,728.5 |
| 2073                                                                                                                                                                                    | 1,070.2 | 820.9 | 1,034.2 | 784.9 | -18,716.3 | 1,836.4 |
| 2074                                                                                                                                                                                    | 1,083.8 | 843.5 | 1,058.5 | 818.2 | -20,120.5 | 1,949.4 |
| 2075                                                                                                                                                                                    | 1,097.6 | 866.5 | 1,083.2 | 852.1 | -21,601.7 | 2,067.3 |
| 2076                                                                                                                                                                                    | 1,111.5 | 889.9 | 1,108.2 | 886.5 | -23,162.9 | 2,190.4 |
| 2077                                                                                                                                                                                    | 1,125.7 | 913.8 | 1,133.5 | 921.6 | -24,807.1 | 2,318.8 |
| 2078                                                                                                                                                                                    | 1,140.0 | 938.2 | 1,159.1 | 957.2 | -26,537.2 | 2,452.7 |
| Based on Intermediate Assumptions of the 2003 Trustees Report.1/ Excluding the effect of general fund transfers to the Trust Funds, which do not affect the unified budget.             |
|                                                                                                                                                                                    | Office of the Chief ActuarySocial Security AdministrationSeptember 9, 2003 |

Return to List of TablesReturn to memorandumList of memos