| IA proceeds go to estate if worker dies before entitlementUltimate Real Trust Fund Interest Rate  3.00Ultimate Real PRSA Rate for Offset      3.70**Assumed PRSA Participation Rate    67%**                                                     |
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| 2003                                                                                                                                                                                                                                             |   |   |   |   |   |   |   |   |   |
| 2004                                                                                                                                                                                                                                             | 0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 |
| 2005                                                                                                                                                                                                                                             | 80 | 79.8 | 0.0 | 80 | 79.8 | 0.0 | 81 | 79.8 | 0.0 |
| 2006                                                                                                                                                                                                                                             | 162 | 79.6 | 0.1 | 159 | 79.6 | 0.1 | 163 | 79.6 | 0.1 |
| 2007                                                                                                                                                                                                                                             | 245 | 79.2 | 0.2 | 237 | 79.2 | 0.2 | 245 | 79.2 | 0.2 |
| 2008                                                                                                                                                                                                                                             | 328 | 78.6 | 0.4 | 314 | 78.6 | 0.4 | 329 | 78.6 | 0.4 |
| 2009                                                                                                                                                                                                                                             | 411 | 77.9 | 0.7 | 391 | 77.9 | 0.7 | 414 | 77.9 | 0.7 |
| 2010                                                                                                                                                                                                                                             | 495 | 77.2 | 1.1 | 465 | 77.2 | 1.1 | 499 | 77.2 | 1.1 |
| 2011                                                                                                                                                                                                                                             | 579 | 76.3 | 1.5 | 538 | 76.3 | 1.5 | 584 | 76.3 | 1.5 |
| 2012                                                                                                                                                                                                                                             | 662 | 75.4 | 2.0 | 610 | 75.4 | 2.0 | 670 | 75.4 | 2.0 |
| 2013                                                                                                                                                                                                                                             | 746 | 74.5 | 2.6 | 680 | 74.5 | 2.6 | 755 | 74.5 | 2.6 |
| 2014                                                                                                                                                                                                                                             | 829 | 73.6 | 3.2 | 748 | 73.6 | 3.2 | 841 | 73.6 | 3.2 |
| 2015                                                                                                                                                                                                                                             | 912 | 72.6 | 3.9 | 814 | 72.6 | 3.9 | 926 | 72.6 | 3.9 |
| 2016                                                                                                                                                                                                                                             | 994 | 71.6 | 4.7 | 878 | 71.6 | 4.7 | 1,011 | 71.6 | 4.7 |
| 2017                                                                                                                                                                                                                                             | 1,076 | 70.6 | 5.6 | 940 | 70.6 | 5.6 | 1,096 | 70.6 | 5.6 |
| 2018                                                                                                                                                                                                                                             | 1,157 | 69.6 | 6.5 | 1,000 | 69.6 | 6.4 | 1,180 | 69.6 | 6.5 |
| 2019                                                                                                                                                                                                                                             | 1,237 | 68.6 | 7.5 | 1,058 | 68.6 | 7.3 | 1,263 | 68.6 | 7.6 |
| 2020                                                                                                                                                                                                                                             | 1,316 | 67.6 | 8.6 | 1,114 | 67.6 | 8.3 | 1,346 | 67.6 | 8.7 |
| 2021                                                                                                                                                                                                                                             | 1,394 | 66.7 | 9.8 | 1,167 | 66.7 | 9.2 | 1,428 | 66.7 | 9.8 |
| 2022                                                                                                                                                                                                                                             | 1,471 | 65.7 | 11.0 | 1,218 | 65.7 | 10.2 | 1,509 | 65.7 | 11.1 |
| 2023                                                                                                                                                                                                                                             | 1,547 | 64.7 | 12.3 | 1,267 | 64.7 | 11.3 | 1,589 | 64.7 | 12.4 |
| 2024                                                                                                                                                                                                                                             | 1,621 | 63.7 | 13.6 | 1,314 | 63.7 | 12.3 | 1,668 | 63.7 | 13.8 |
| 2025                                                                                                                                                                                                                                             | 1,694 | 62.8 | 15.1 | 1,359 | 62.8 | 13.4 | 1,745 | 62.8 | 15.3 |
| 2026                                                                                                                                                                                                                                             | 1,770 | 67.3 | 16.6 | 1,406 | 67.3 | 14.5 | 1,827 | 67.3 | 16.8 |
| 2027                                                                                                                                                                                                                                             | 1,845 | 66.3 | 18.1 | 1,452 | 66.3 | 15.6 | 1,906 | 66.3 | 18.5 |
| 2028                                                                                                                                                                                                                                             | 1,918 | 65.3 | 19.8 | 1,495 | 65.3 | 16.8 | 1,985 | 65.3 | 20.2 |
| 2029                                                                                                                                                                                                                                             | 1,990 | 64.4 | 21.4 | 1,535 | 64.4 | 18.0 | 2,061 | 64.4 | 22.0 |
| 2030                                                                                                                                                                                                                                             | 2,059 | 63.4 | 23.2 | 1,573 | 63.4 | 19.2 | 2,136 | 63.4 | 23.8 |
| 2031                                                                                                                                                                                                                                             | 2,126 | 62.5 | 25.0 | 1,609 | 62.5 | 20.4 | 2,209 | 62.5 | 25.7 |
| 2032                                                                                                                                                                                                                                             | 2,191 | 61.6 | 26.9 | 1,642 | 61.6 | 21.6 | 2,279 | 61.6 | 27.7 |
| 2033                                                                                                                                                                                                                                             | 2,254 | 60.7 | 28.8 | 1,673 | 60.7 | 22.8 | 2,348 | 60.7 | 29.8 |
| 2034                                                                                                                                                                                                                                             | 2,314 | 59.8 | 30.8 | 1,702 | 59.8 | 24.0 | 2,414 | 59.8 | 31.9 |
| 2035                                                                                                                                                                                                                                             | 2,372 | 58.9 | 32.9 | 1,728 | 58.9 | 25.2 | 2,478 | 58.9 | 34.1 |
| 2036                                                                                                                                                                                                                                             | 2,427 | 58.0 | 35.0 | 1,752 | 58.0 | 26.4 | 2,539 | 58.0 | 36.3 |
| 2037                                                                                                                                                                                                                                             | 2,480 | 57.2 | 37.1 | 1,774 | 57.2 | 27.7 | 2,598 | 57.2 | 38.6 |
| 2038                                                                                                                                                                                                                                             | 2,529 | 56.3 | 39.3 | 1,794 | 56.3 | 28.9 | 2,653 | 56.3 | 40.9 |
| 2039                                                                                                                                                                                                                                             | 2,589 | 68.9 | 41.5 | 1,824 | 68.9 | 30.1 | 2,719 | 68.9 | 43.3 |
| 2040                                                                                                                                                                                                                                             | 2,655 | 76.7 | 43.8 | 1,861 | 76.7 | 31.3 | 2,791 | 76.7 | 45.8 |
| 2041                                                                                                                                                                                                                                             | 2,726 | 84.2 | 46.1 | 1,904 | 84.2 | 32.5 | 2,868 | 84.2 | 48.3 |
| 2042                                                                                                                                                                                                                                             | 2,807 | 95.7 | 48.5 | 1,957 | 95.7 | 33.7 | 2,954 | 95.7 | 50.9 |
| 2043                                                                                                                                                                                                                                             | 2,896 | 106.9 | 51.0 | 2,019 | 106.9 | 35.0 | 3,049 | 106.9 | 53.6 |
| 2044                                                                                                                                                                                                                                             | 2,994 | 117.6 | 53.5 | 2,090 | 117.6 | 36.3 | 3,152 | 117.6 | 56.4 |
| 2045                                                                                                                                                                                                                                             | 3,100 | 128.0 | 56.2 | 2,170 | 128.0 | 37.6 | 3,264 | 128.0 | 59.3 |
| 2046                                                                                                                                                                                                                                             | 3,211 | 134.0 | 58.8 | 2,255 | 134.0 | 39.0 | 3,380 | 134.0 | 62.2 |
| 2047                                                                                                                                                                                                                                             | 3,318 | 131.8 | 61.4 | 2,335 | 131.8 | 40.3 | 3,492 | 131.8 | 65.0 |
| 2048                                                                                                                                                                                                                                             | 3,421 | 129.7 | 64.0 | 2,411 | 129.7 | 41.7 | 3,601 | 129.7 | 67.9 |
| 2049                                                                                                                                                                                                                                             | 3,521 | 127.6 | 66.5 | 2,484 | 127.6 | 43.0 | 3,707 | 127.6 | 70.6 |
| 2050                                                                                                                                                                                                                                             | 3,617 | 125.5 | 69.0 | 2,552 | 125.5 | 44.3 | 3,809 | 125.5 | 73.4 |
| 2051                                                                                                                                                                                                                                             | 3,710 | 123.4 | 71.5 | 2,617 | 123.4 | 45.7 | 3,907 | 123.4 | 76.1 |
| 2052                                                                                                                                                                                                                                             | 3,799 | 121.4 | 74.0 | 2,678 | 121.4 | 47.0 | 4,002 | 121.4 | 78.8 |
| 2053                                                                                                                                                                                                                                             | 3,884 | 119.4 | 76.4 | 2,736 | 119.4 | 48.3 | 4,093 | 119.4 | 81.5 |
| 2054                                                                                                                                                                                                                                             | 3,966 | 117.4 | 78.8 | 2,790 | 117.4 | 49.6 | 4,181 | 117.4 | 84.1 |
| 2055                                                                                                                                                                                                                                             | 4,045 | 115.5 | 81.1 | 2,840 | 115.5 | 50.8 | 4,265 | 115.5 | 86.6 |
| 2056                                                                                                                                                                                                                                             | 4,120 | 113.6 | 83.4 | 2,887 | 113.6 | 52.1 | 4,346 | 113.6 | 89.2 |
| 2057                                                                                                                                                                                                                                             | 4,192 | 111.8 | 85.7 | 2,931 | 111.8 | 53.4 | 4,423 | 111.8 | 91.6 |
| 2058                                                                                                                                                                                                                                             | 4,261 | 110.0 | 87.9 | 2,971 | 110.0 | 54.6 | 4,497 | 110.0 | 94.1 |
| 2059                                                                                                                                                                                                                                             | 4,326 | 108.2 | 90.1 | 3,008 | 108.2 | 55.8 | 4,568 | 108.2 | 96.5 |
| 2060                                                                                                                                                                                                                                             | 4,387 | 106.4 | 92.3 | 3,041 | 106.4 | 57.0 | 4,635 | 106.4 | 98.9 |
| 2061                                                                                                                                                                                                                                             | 4,446 | 104.7 | 94.4 | 3,072 | 104.7 | 58.1 | 4,699 | 104.7 | 101.2 |
| 2062                                                                                                                                                                                                                                             | 4,501 | 103.0 | 96.5 | 3,099 | 103.0 | 59.3 | 4,760 | 103.0 | 103.5 |
| 2063                                                                                                                                                                                                                                             | 4,553 | 101.3 | 98.5 | 3,123 | 101.3 | 60.4 | 4,817 | 101.3 | 105.7 |
| 2064                                                                                                                                                                                                                                             | 4,602 | 99.6 | 100.5 | 3,145 | 99.6 | 61.5 | 4,872 | 99.6 | 107.9 |
| 2065                                                                                                                                                                                                                                             | 4,652 | 98.0 | 102.5 | 3,163 | 98.0 | 62.6 | 4,928 | 98.0 | 110.0 |
| 2066                                                                                                                                                                                                                                             | 4,699 | 96.4 | 104.5 | 3,179 | 96.4 | 63.6 | 4,982 | 96.4 | 112.1 |
| 2067                                                                                                                                                                                                                                             | 4,743 | 94.8 | 106.3 | 3,191 | 94.8 | 64.7 | 5,032 | 94.8 | 114.2 |
| 2068                                                                                                                                                                                                                                             | 4,783 | 93.2 | 108.2 | 3,201 | 93.2 | 65.6 | 5,079 | 93.2 | 116.2 |
| 2069                                                                                                                                                                                                                                             | 4,821 | 91.7 | 110.0 | 3,209 | 91.7 | 66.6 | 5,124 | 91.7 | 118.2 |
| 2070                                                                                                                                                                                                                                             | 4,856 | 90.2 | 111.8 | 3,214 | 90.2 | 67.5 | 5,165 | 90.2 | 120.2 |
| 2071                                                                                                                                                                                                                                             | 4,888 | 88.7 | 113.5 | 3,216 | 88.7 | 68.4 | 5,203 | 88.7 | 122.1 |
| 2072                                                                                                                                                                                                                                             | 4,916 | 87.2 | 115.2 | 3,215 | 87.2 | 69.3 | 5,238 | 87.2 | 123.9 |
| 2073                                                                                                                                                                                                                                             | 4,942 | 85.7 | 116.9 | 3,213 | 85.7 | 70.1 | 5,270 | 85.7 | 125.8 |
| 2074                                                                                                                                                                                                                                             | 4,965 | 84.3 | 118.6 | 3,208 | 84.3 | 71.0 | 5,299 | 84.3 | 127.6 |
| 2075                                                                                                                                                                                                                                             | 4,984 | 82.9 | 120.2 | 3,200 | 82.9 | 71.7 | 5,325 | 82.9 | 129.4 |
| 2076                                                                                                                                                                                                                                             | 5,001 | 81.5 | 121.8 | 3,191 | 81.5 | 72.5 | 5,348 | 81.5 | 131.1 |
| 2077                                                                                                                                                                                                                                             | 5,014 | 80.1 | 123.4 | 3,179 | 80.1 | 73.2 | 5,368 | 80.1 | 132.9 |
| Based on Intermediate Assumptions of the 2003 Trustees Report.1/ Reflects the assumed actual yield rate for PRSA accounts under the proposal.2/ Excludes proceeds of PRSAs that go to the worker's estate if the worker dies before entitlement. |
|                                                                                                                                                                                                                                             | Office of the Chief ActuarySocial Security AdministrationSeptember 9, 2003 |

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