| Individual Account Contribution Rate: 4.0%Benefit Offset: 100.0% |
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| 2005                                                             | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2006                                                             | 70.8 | 0.0 | 0.0 | -70.8 | 71.8 | -72.7 |
| 2007                                                             | 79.5 | 0.0 | 0.0 | -79.5 | 154.2 | -85.4 |
| 2008                                                             | 84.3 | 0.0 | 0.0 | -84.3 | 243.6 | -94.9 |
| 2009                                                             | 89.2 | 0.0 | 0.0 | -89.2 | 340.4 | -104.9 |
| 2010                                                             | 94.2 | 0.0 | 0.0 | -94.2 | 445.1 | -115.5 |
| 2011                                                             | 99.4 | 0.0 | 0.0 | -99.4 | 558.1 | -126.8 |
| 2012                                                             | 104.5 | 0.0 | 0.0 | -104.5 | 679.4 | -138.5 |
| 2013                                                             | 109.5 | 0.0 | 0.0 | -109.5 | 809.4 | -150.5 |
| 2014                                                             | 114.8 | 0.0 | 0.0 | -114.8 | 948.8 | -163.7 |
| 2015                                                             | 120.2 | 0.0 | 0.0 | -120.2 | 1,098.0 | -177.5 |
| 2016                                                             | 125.6 | 0.0 | 0.0 | -125.6 | 1,257.4 | -191.9 |
| 2017                                                             | 130.8 | 0.0 | 0.0 | -130.8 | 1,427.4 | -207.1 |
| 2018                                                             | 136.1 | 0.0 | 0.0 | -136.1 | 1,608.3 | -222.9 |
| 2019                                                             | 141.2 | 0.0 | 0.0 | -141.2 | 1,799.9 | -238.6 |
| 2020                                                             | 146.2 | 0.0 | 0.0 | -146.2 | 2,002.2 | -254.9 |
| 2021                                                             | 151.0 | 0.0 | 0.0 | -151.0 | 2,215.5 | -271.6 |
| 2022                                                             | 155.6 | 2.0 | 0.0 | -153.7 | 2,438.0 | -286.7 |
| 2023                                                             | 160.0 | 5.5 | 4.4 | -150.2 | 2,663.5 | -296.0 |
| 2024                                                             | 164.4 | 9.3 | 17.8 | -137.3 | 2,882.7 | -295.8 |
| 2025                                                             | 168.3 | 13.4 | 20.6 | -134.3 | 3,105.5 | -305.5 |
| 2026                                                             | 172.1 | 17.8 | 25.2 | -129.1 | 3,329.6 | -313.0 |
| 2027                                                             | 175.6 | 22.6 | 30.3 | -122.7 | 3,554.1 | -319.5 |
| 2028                                                             | 179.0 | 27.7 | 35.8 | -115.5 | 3,777.9 | -325.1 |
| 2029                                                             | 182.2 | 33.2 | 49.9 | -99.1 | 3,991.8 | -321.2 |
| 2030                                                             | 185.3 | 39.0 | 55.5 | -90.9 | 4,203.8 | -325.2 |
| 2031                                                             | 188.5 | 45.2 | 58.8 | -84.5 | 4,415.7 | -330.9 |
| 2032                                                             | 191.7 | 51.7 | 61.9 | -78.1 | 4,627.5 | -336.6 |
| 2033                                                             | 194.8 | 58.6 | 65.9 | -70.3 | 4,837.6 | -340.9 |
| 2034                                                             | 197.9 | 65.9 | 69.8 | -62.3 | 5,046.0 | -344.8 |
| 2035                                                             | 201.0 | 73.5 | 73.7 | -53.8 | 5,251.9 | -348.2 |
| 2036                                                             | 203.9 | 81.6 | 78.4 | -43.9 | 5,454.0 | -349.9 |
| 2037                                                             | 206.8 | 90.0 | 83.3 | -33.4 | 5,651.5 | -350.9 |
| 2038                                                             | 209.7 | 98.8 | 88.4 | -22.5 | 5,843.9 | -351.1 |
| 2039                                                             | 212.6 | 108.0 | 94.0 | -10.6 | 6,029.9 | -350.0 |
| 2040                                                             | 215.6 | 117.6 | 99.8 | 1.8 | 6,209.0 | -348.1 |
| 2041                                                             | 218.7 | 127.6 | 106.1 | 15.0 | 6,380.0 | -344.9 |
| 2042                                                             | 221.7 | 138.1 | 112.7 | 29.0 | 6,542.0 | -340.4 |
| 2043                                                             | 224.8 | 148.9 | 119.6 | 43.7 | 6,693.9 | -334.7 |
| 2044                                                             | 228.0 | 160.2 | 126.9 | 59.0 | 6,834.8 | -327.7 |
| 2045                                                             | 231.1 | 171.8 | 134.4 | 75.1 | 6,963.6 | -319.4 |
| 2046                                                             | 234.3 | 184.0 | 142.3 | 92.0 | 7,079.1 | -309.4 |
| 2047                                                             | 237.5 | 196.0 | 150.6 | 109.0 | 7,180.8 | -298.6 |
| 2048                                                             | 240.7 | 208.3 | 158.8 | 126.5 | 7,267.9 | -286.6 |
| 2049                                                             | 243.9 | 221.1 | 167.2 | 144.5 | 7,339.4 | -273.1 |
| 2050                                                             | 247.1 | 235.4 | 175.6 | 163.9 | 7,393.1 | -257.2 |
| 2051                                                             | 250.4 | 249.7 | 184.0 | 183.3 | 7,428.9 | -240.5 |
| 2052                                                             | 253.6 | 263.9 | 192.4 | 202.7 | 7,446.1 | -222.6 |
| 2053                                                             | 257.0 | 278.7 | 200.9 | 222.6 | 7,443.6 | -203.0 |
| 2054                                                             | 260.4 | 294.0 | 209.5 | 243.1 | 7,420.1 | -181.8 |
| 2055                                                             | 263.8 | 309.9 | 218.2 | 264.3 | 7,374.6 | -158.7 |
| 2056                                                             | 267.2 | 326.4 | 226.8 | 285.9 | 7,305.6 | -133.8 |
| 2057                                                             | 270.7 | 343.5 | 235.4 | 308.2 | 7,212.0 | -106.8 |
| 2058                                                             | 274.2 | 361.4 | 244.2 | 331.3 | 7,092.1 | -77.6 |
| 2059                                                             | 277.8 | 379.9 | 253.0 | 355.2 | 6,944.4 | -46.1 |
| 2060                                                             | 281.4 | 399.3 | 262.1 | 380.0 | 6,767.0 | -11.9 |
| 2061                                                             | 285.0 | 419.4 | 271.9 | 406.4 | 6,557.6 | 25.5 |
| 2062                                                             | 288.7 | 439.7 | 282.1 | 433.2 | 6,314.7 | 65.2 |
| 2063                                                             | 292.4 | 460.1 | 292.8 | 460.5 | 6,036.8 | 107.3 |
| 2064                                                             | 296.2 | 471.2 | 303.5 | 478.5 | 5,732.3 | 142.0 |
| 2065                                                             | 300.1 | 482.0 | 314.5 | 496.4 | 5,400.5 | 178.2 |
| 2066                                                             | 303.9 | 492.7 | 325.8 | 514.5 | 5,040.3 | 216.1 |
| 2067                                                             | 307.9 | 503.1 | 337.4 | 532.6 | 4,650.9 | 255.6 |
| 2068                                                             | 312.0 | 513.3 | 349.3 | 550.7 | 4,231.5 | 296.8 |
| 2069                                                             | 316.0 | 523.3 | 361.2 | 568.5 | 3,781.5 | 339.4 |
| 2070                                                             | 320.2 | 533.2 | 373.5 | 586.4 | 3,299.8 | 384.0 |
| 2071                                                             | 324.4 | 542.8 | 386.0 | 604.4 | 2,785.4 | 430.4 |
| 2072                                                             | 328.6 | 552.2 | 398.8 | 622.4 | 2,237.3 | 478.8 |
| 2073                                                             | 332.9 | 561.5 | 411.8 | 640.5 | 1,654.4 | 529.2 |
| 2074                                                             | 337.2 | 570.6 | 425.2 | 658.6 | 1,035.6 | 581.7 |
| 2075                                                             | 341.5 | 579.6 | 438.8 | 676.9 | 379.6 | 636.5 |
| 2076                                                             | 345.9 | 588.5 | 452.8 | 695.4 | -314.7 | 693.5 |
| 2077                                                             | 350.4 | 597.4 | 467.1 | 714.1 | -1,048.9 | 753.0 |
| 2078                                                             | 354.9 | 606.2 | 481.7 | 733.0 | -1,824.2 | 815.1 |
| 2079                                                             | 359.5 | 614.9 | 496.7 | 752.1 | -2,642.2 | 879.8 |

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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