| Expected Average Yield                                        |
|---------------------------------------------------------------|
||
||
||
||
| 2003                                                          | 76 |   | 76 |   | 78 |   | 78 |
| 2004                                                          | 77 |   | 77 |   | 82 |   | 82 |
| 2005                                                          | -144 | -14 | -130 |   | -159 | -15 | -144 |
| 2006                                                          | -154 | -38 | -115 |   | -175 | -44 | -131 |
| 2007                                                          | -156 | -63 | -93 |   | -183 | -74 | -109 |
| 2008                                                          | -161 | -87 | -74 |   | -195 | -105 | -89 |
| 2009                                                          | -167 | -111 | -56 |   | -209 | -138 | -70 |
| 2010                                                          | -173 | -134 | -40 |   | -223 | -172 | -51 |
| 2011                                                          | -179 | -156 | -23 |   | -237 | -207 | -30 |
| 2012                                                          | -185 | -178 | -8 |   | -254 | -243 | -10 |
| 2013                                                          | -193 | -181 | -12 |   | -272 | -255 | -17 |
| 2014                                                          | -200 | -184 | -16 |   | -290 | -267 | -24 |
| 2015                                                          | -206 | -186 | -20 |   | -309 | -279 | -30 |
| 2016                                                          | -212 | -189 | -24 |   | -328 | -291 | -36 |
| 2017                                                          | -218 | -192 | -26 |   | -346 | -304 | -42 |
| 2018                                                          | -223 | -194 | -28 |   | -365 | -318 | -47 |
| 2019                                                          | -227 | -197 | -30 |   | -382 | -332 | -50 |
| 2020                                                          | -230 | -200 | -30 |   | -400 | -347 | -53 |
| 2021                                                          | -233 | -202 | -31 |   | -417 | -362 | -55 |
| 2022                                                          | -235 | -205 | -30 |   | -434 | -378 | -56 |
| 2023                                                          | -235 | -208 | -28 |   | -447 | -394 | -53 |
| 2024                                                          | -235 | -210 | -25 |   | -459 | -411 | -49 |
| 2025                                                          | -234 | -213 | -21 |   | -470 | -428 | -42 |
| 2026                                                          | -231 | -215 | -16 |   | -480 | -446 | -34 |
| 2027                                                          | -228 | -217 | -11 |   | -487 | -464 | -23 |
| 2028                                                          | -224 | -220 | -4 |   | -492 | -483 | -9 |
| 2029                                                          | -219 | -219 | 0 |   | -495 | -496 | 0 |
| 2030                                                          | -213 | -212 | 0 |   | -496 | -496 | 0 |
| 2031                                                          | -206 | -206 | 0 |   | -495 | -494 | 0 |
| 2032                                                          | -198 | -198 | 0 |   | -491 | -491 | 0 |
| 2033                                                          | -190 | -190 | 0 |   | -485 | -485 | 0 |
| 2034                                                          | -182 | -181 | 0 |   | -477 | -477 | 0 |
| 2035                                                          | -173 | -173 | 0 |   | -467 | -467 | 0 |
| 2036                                                          | -164 | -164 | 0 |   | -456 | -456 | 0 |
| 2037                                                          | -154 | -154 | 0 |   | -443 | -443 | 0 |
| 2038                                                          | -145 | -144 | 0 |   | -427 | -427 | 0 |
| 2039                                                          | -135 | -135 | 0 |   | -410 | -410 | 0 |
| 2040                                                          | -125 | -125 | 0 |   | -392 | -392 | 0 |
| 2041                                                          | -115 | -115 | 0 |   | -372 | -372 | 0 |
| 2042                                                          | -105 | -105 | 0 |   | -350 | -349 | 0 |
| 2043                                                          | -95 | -95 | 0 |   | -327 | -327 | 0 |
| 2044                                                          | -86 | -86 | 0 |   | -302 | -302 | 0 |
| 2045                                                          | -76 | -76 | 0 |   | -277 | -277 | 0 |
| 2046                                                          | -67 | -67 | 0 |   | -251 | -250 | -1 |
| 2047                                                          | -58 | -58 | 0 |   | -223 | -223 | 0 |
| 2048                                                          | -49 | -49 | 0 |   | -195 | -194 | 0 |
| 2049                                                          | -41 | -40 | 0 |   | -166 | -166 | 0 |
| 2050                                                          | -32 | -32 | 0 |   | -137 | -136 | 0 |
| 2051                                                          | -25 | -25 | 0 |   | -107 | -107 | 0 |
| 2052                                                          | -17 | -17 | 0 |   | -78 | -77 | -1 |
| 2053                                                          | -10 | -10 | 0 |   | -48 | -48 | -1 |
| 2054                                                          | -4 | -4 | 0 |   | -20 | -20 | 0 |
| 2055                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2056                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2057                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2058                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2059                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2060                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2061                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2062                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2063                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2064                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2065                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2066                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2067                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2068                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2069                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2070                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2071                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2072                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2073                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2074                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2075                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2076                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2077                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| 2078                                                          | 0 | 0 | 0 |   | 0 | 0 | 0 |
| **2003-77**                                                   | **-7,613** | **-6,873** | **-740** |   |   |   |   |
| Based on Intermediate Assumptions of the 2003 Trustees Report |
|                                                          |   | Office of the ActuarySocial Security AdministrationApril 6, 2004 |

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