| 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 | -129.0 | 3,329.6 | -313.0 |
| 2027                                                             | 175.6 | 22.6 | 30.3 | -122.7 | 3,554.0 | -319.5 |
| 2028                                                             | 179.0 | 27.7 | 35.9 | -115.4 | 3,777.7 | -325.0 |
| 2029                                                             | 182.2 | 33.2 | 50.0 | -99.0 | 3,991.5 | -321.1 |
| 2030                                                             | 185.3 | 39.0 | 55.6 | -90.7 | 4,203.3 | -325.0 |
| 2031                                                             | 188.5 | 45.2 | 59.0 | -84.3 | 4,415.0 | -330.7 |
| 2032                                                             | 191.7 | 51.7 | 62.2 | -77.8 | 4,626.4 | -336.3 |
| 2033                                                             | 194.8 | 58.6 | 66.2 | -69.9 | 4,836.2 | -340.5 |
| 2034                                                             | 197.9 | 65.9 | 70.2 | -61.8 | 5,044.0 | -344.3 |
| 2035                                                             | 201.0 | 73.5 | 74.3 | -53.2 | 5,249.3 | -347.5 |
| 2036                                                             | 203.9 | 81.6 | 79.1 | -43.2 | 5,450.7 | -349.1 |
| 2037                                                             | 206.8 | 90.0 | 84.1 | -32.6 | 5,647.3 | -349.9 |
| 2038                                                             | 209.7 | 98.8 | 89.3 | -21.5 | 5,838.6 | -349.9 |
| 2039                                                             | 212.6 | 108.0 | 95.1 | -9.5 | 6,023.3 | -348.6 |
| 2040                                                             | 215.6 | 117.6 | 101.0 | 3.0 | 6,201.0 | -346.4 |
| 2041                                                             | 218.7 | 127.6 | 107.5 | 16.5 | 6,370.2 | -342.9 |
| 2042                                                             | 221.7 | 138.1 | 114.3 | 30.7 | 6,530.2 | -338.1 |
| 2043                                                             | 224.8 | 148.9 | 121.5 | 45.6 | 6,679.8 | -332.0 |
| 2044                                                             | 228.0 | 160.2 | 129.0 | 61.2 | 6,818.1 | -324.7 |
| 2045                                                             | 231.1 | 171.8 | 136.8 | 77.5 | 6,944.0 | -315.9 |
| 2046                                                             | 234.3 | 184.0 | 145.1 | 94.8 | 7,056.1 | -305.4 |
| 2047                                                             | 237.5 | 196.0 | 153.6 | 112.1 | 7,154.0 | -294.2 |
| 2048                                                             | 240.7 | 208.3 | 162.2 | 129.8 | 7,236.9 | -281.6 |
| 2049                                                             | 243.9 | 221.1 | 171.0 | 148.2 | 7,303.6 | -267.5 |
| 2050                                                             | 247.1 | 235.4 | 179.8 | 168.1 | 7,352.1 | -250.9 |
| 2051                                                             | 250.4 | 249.7 | 188.5 | 187.8 | 7,382.0 | -233.4 |
| 2052                                                             | 253.6 | 263.9 | 197.4 | 207.7 | 7,392.7 | -214.7 |
| 2053                                                             | 257.0 | 278.7 | 206.4 | 228.1 | 7,383.0 | -194.3 |
| 2054                                                             | 260.4 | 294.0 | 215.5 | 249.1 | 7,351.7 | -172.1 |
| 2055                                                             | 263.8 | 309.9 | 224.7 | 270.8 | 7,297.4 | -148.0 |
| 2056                                                             | 267.2 | 326.4 | 233.9 | 293.0 | 7,218.9 | -122.0 |
| 2057                                                             | 270.7 | 343.5 | 243.2 | 316.0 | 7,114.8 | -93.8 |
| 2058                                                             | 274.2 | 361.4 | 252.6 | 339.8 | 6,983.4 | -63.3 |
| 2059                                                             | 277.8 | 379.9 | 262.2 | 364.4 | 6,823.1 | -30.3 |
| 2060                                                             | 281.4 | 399.3 | 272.1 | 390.0 | 6,631.9 | 5.4 |
| 2061                                                             | 285.0 | 419.4 | 282.8 | 417.2 | 6,407.5 | 44.4 |
| 2062                                                             | 288.7 | 439.7 | 293.9 | 444.9 | 6,148.2 | 86.0 |
| 2063                                                             | 292.4 | 460.1 | 305.4 | 473.1 | 5,852.5 | 130.0 |
| 2064                                                             | 296.2 | 471.2 | 316.6 | 491.6 | 5,529.2 | 166.2 |
| 2065                                                             | 300.1 | 482.0 | 328.1 | 510.0 | 5,177.5 | 203.9 |
| 2066                                                             | 303.9 | 492.7 | 339.9 | 528.6 | 4,796.3 | 243.5 |
| 2067                                                             | 307.9 | 503.1 | 351.9 | 547.2 | 4,384.9 | 284.7 |
| 2068                                                             | 312.0 | 513.3 | 364.3 | 565.7 | 3,942.4 | 327.6 |
| 2069                                                             | 316.0 | 523.3 | 376.6 | 583.9 | 3,468.0 | 372.1 |
| 2070                                                             | 320.2 | 533.2 | 389.3 | 602.3 | 2,960.9 | 418.5 |
| 2071                                                             | 324.4 | 542.8 | 402.2 | 620.6 | 2,419.8 | 466.8 |
| 2072                                                             | 328.6 | 552.2 | 415.4 | 639.0 | 1,843.9 | 517.1 |
| 2073                                                             | 332.9 | 561.5 | 428.8 | 657.4 | 1,232.0 | 569.5 |
| 2074                                                             | 337.2 | 570.6 | 442.5 | 676.0 | 582.9 | 624.1 |
| 2075                                                             | 341.5 | 579.6 | 456.5 | 694.6 | -104.6 | 680.9 |
| 2076                                                             | 345.9 | 588.5 | 470.8 | 713.4 | -831.7 | 740.2 |
| 2077                                                             | 350.4 | 597.4 | 485.4 | 732.4 | -1,600.0 | 801.9 |
| 2078                                                             | 354.9 | 606.2 | 500.4 | 751.6 | -2,410.8 | 866.3 |
| 2079                                                             | 359.5 | 614.9 | 515.7 | 771.1 | -3,265.7 | 933.4 |

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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