| 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                                                             | 64.0 | 0.0 | 0.0 | -64.0 | 64.0 | -64.0 |
| 2007                                                             | 69.8 | 0.0 | 0.0 | -69.8 | 133.8 | -73.1 |
| 2008                                                             | 72.2 | 0.0 | 0.0 | -72.2 | 206.0 | -79.1 |
| 2009                                                             | 74.4 | 0.0 | 0.0 | -74.4 | 280.4 | -85.2 |
| 2010                                                             | 76.6 | 0.0 | 0.0 | -76.6 | 356.9 | -91.4 |
| 2011                                                             | 78.6 | 0.0 | 0.0 | -78.6 | 435.6 | -97.6 |
| 2012                                                             | 80.4 | 0.0 | 0.0 | -80.4 | 516.0 | -103.7 |
| 2013                                                             | 82.0 | 0.0 | 0.0 | -82.0 | 598.0 | -109.7 |
| 2014                                                             | 83.7 | 0.0 | 0.0 | -83.7 | 681.7 | -116.0 |
| 2015                                                             | 85.2 | 0.0 | 0.0 | -85.2 | 766.9 | -122.3 |
| 2016                                                             | 86.4 | 0.0 | 0.0 | -86.4 | 853.3 | -128.5 |
| 2017                                                             | 87.5 | 0.0 | 0.0 | -87.5 | 940.8 | -134.6 |
| 2018                                                             | 88.4 | 0.0 | 0.0 | -88.4 | 1,029.2 | -140.7 |
| 2019                                                             | 89.0 | 0.0 | 0.0 | -89.0 | 1,118.2 | -146.2 |
| 2020                                                             | 89.5 | 0.0 | 0.0 | -89.5 | 1,207.7 | -151.6 |
| 2021                                                             | 89.7 | 0.0 | 0.0 | -89.7 | 1,297.4 | -156.9 |
| 2022                                                             | 89.8 | 1.1 | 0.0 | -88.7 | 1,386.1 | -160.8 |
| 2023                                                             | 89.7 | 3.1 | 2.5 | -84.1 | 1,470.2 | -161.2 |
| 2024                                                             | 89.4 | 5.0 | 9.7 | -74.7 | 1,544.9 | -156.4 |
| 2025                                                             | 88.9 | 7.1 | 10.9 | -70.9 | 1,615.8 | -156.8 |
| 2026                                                             | 88.2 | 9.1 | 12.9 | -66.2 | 1,682.0 | -156.0 |
| 2027                                                             | 87.4 | 11.2 | 15.1 | -61.1 | 1,743.1 | -154.6 |
| 2028                                                             | 86.5 | 13.4 | 17.3 | -55.8 | 1,798.9 | -152.7 |
| 2029                                                             | 85.5 | 15.6 | 23.4 | -46.5 | 1,845.4 | -146.5 |
| 2030                                                             | 84.4 | 17.8 | 25.3 | -41.4 | 1,886.8 | -143.9 |
| 2031                                                             | 83.4 | 20.0 | 26.0 | -37.4 | 1,924.2 | -142.2 |
| 2032                                                             | 82.3 | 22.2 | 26.6 | -33.5 | 1,957.7 | -140.5 |
| 2033                                                             | 81.2 | 24.4 | 27.5 | -29.3 | 1,987.0 | -138.1 |
| 2034                                                             | 80.1 | 26.7 | 28.2 | -25.2 | 2,012.2 | -135.6 |
| 2035                                                             | 79.0 | 28.9 | 29.0 | -21.1 | 2,033.3 | -132.9 |
| 2036                                                             | 77.8 | 31.1 | 29.9 | -16.7 | 2,050.1 | -129.7 |
| 2037                                                             | 76.6 | 33.3 | 30.9 | -12.4 | 2,062.4 | -126.3 |
| 2038                                                             | 75.4 | 35.5 | 31.8 | -8.1 | 2,070.5 | -122.7 |
| 2039                                                             | 74.2 | 37.7 | 32.8 | -3.7 | 2,074.2 | -118.7 |
| 2040                                                             | 73.1 | 39.9 | 33.8 | 0.6 | 2,073.6 | -114.7 |
| 2041                                                             | 72.0 | 42.0 | 34.9 | 4.9 | 2,068.6 | -110.3 |
| 2042                                                             | 70.8 | 44.1 | 36.0 | 9.3 | 2,059.4 | -105.7 |
| 2043                                                             | 69.7 | 46.2 | 37.1 | 13.6 | 2,045.8 | -100.9 |
| 2044                                                             | 68.7 | 48.2 | 38.2 | 17.8 | 2,028.0 | -95.9 |
| 2045                                                             | 67.6 | 50.2 | 39.3 | 22.0 | 2,006.1 | -90.7 |
| 2046                                                             | 66.5 | 52.2 | 40.4 | 26.1 | 1,980.0 | -85.4 |
| 2047                                                             | 65.4 | 54.0 | 41.5 | 30.0 | 1,949.9 | -80.0 |
| 2048                                                             | 64.4 | 55.7 | 42.5 | 33.8 | 1,916.1 | -74.5 |
| 2049                                                             | 63.4 | 57.4 | 43.4 | 37.5 | 1,878.6 | -69.0 |
| 2050                                                             | 62.3 | 59.4 | 44.3 | 41.3 | 1,837.2 | -63.0 |
| 2051                                                             | 61.3 | 61.1 | 45.0 | 44.9 | 1,792.3 | -57.2 |
| 2052                                                             | 60.3 | 62.7 | 45.7 | 48.2 | 1,744.2 | -51.4 |
| 2053                                                             | 59.3 | 64.3 | 46.4 | 51.4 | 1,692.8 | -45.5 |
| 2054                                                             | 58.3 | 65.9 | 46.9 | 54.5 | 1,638.3 | -39.6 |
| 2055                                                             | 57.4 | 67.4 | 47.5 | 57.5 | 1,580.8 | -33.6 |
| 2056                                                             | 56.4 | 68.9 | 47.9 | 60.4 | 1,520.4 | -27.5 |
| 2057                                                             | 55.5 | 70.4 | 48.3 | 63.2 | 1,457.2 | -21.3 |
| 2058                                                             | 54.6 | 71.9 | 48.6 | 66.0 | 1,391.2 | -15.0 |
| 2059                                                             | 53.7 | 73.4 | 48.9 | 68.7 | 1,322.6 | -8.7 |
| 2060                                                             | 52.8 | 74.9 | 49.2 | 71.3 | 1,251.3 | -2.2 |
| 2061                                                             | 51.9 | 76.4 | 49.5 | 74.0 | 1,177.2 | 4.5 |
| 2062                                                             | 51.1 | 77.8 | 49.9 | 76.6 | 1,100.6 | 11.2 |
| 2063                                                             | 50.2 | 79.0 | 50.3 | 79.1 | 1,021.5 | 17.9 |
| 2064                                                             | 49.4 | 78.6 | 50.6 | 79.8 | 941.8 | 23.0 |
| 2065                                                             | 48.6 | 78.0 | 50.9 | 80.4 | 861.4 | 28.0 |
| 2066                                                             | 47.8 | 77.4 | 51.2 | 80.9 | 780.5 | 33.0 |
| 2067                                                             | 47.0 | 76.8 | 51.5 | 81.3 | 699.3 | 37.9 |
| 2068                                                             | 46.2 | 76.0 | 51.7 | 81.6 | 617.7 | 42.7 |
| 2069                                                             | 45.5 | 75.3 | 52.0 | 81.8 | 535.9 | 47.4 |
| 2070                                                             | 44.7 | 74.4 | 52.1 | 81.9 | 454.0 | 52.1 |
| 2071                                                             | 44.0 | 73.6 | 52.3 | 81.9 | 372.1 | 56.7 |
| 2072                                                             | 43.3 | 72.7 | 52.5 | 81.9 | 290.2 | 61.2 |
| 2073                                                             | 42.5 | 71.8 | 52.6 | 81.8 | 208.3 | 65.7 |
| 2074                                                             | 41.8 | 70.8 | 52.7 | 81.7 | 126.6 | 70.1 |
| 2075                                                             | 41.1 | 69.8 | 52.9 | 81.5 | 45.1 | 74.5 |
| 2076                                                             | 40.5 | 68.8 | 53.0 | 81.3 | -36.3 | 78.8 |
| 2077                                                             | 39.8 | 67.8 | 53.0 | 81.1 | -117.3 | 83.1 |
| 2078                                                             | 39.1 | 66.8 | 53.1 | 80.8 | -198.1 | 87.3 |
| 2079                                                             | 38.5 | 65.8 | 53.2 | 80.5 | -278.6 | 91.5 |

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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