| IA Contribution 6.4%,Benefit Offset 100.0% With Ultimate Real Trust Fund Interest Rate 3.0With Ultimate Real IA Net Yield Rate of **5.2**With Offset Annuity Net Yield Rate of **5.2**Corporate Tax to Trust Fund as Percent of Pretax IA Real Yield 23.9                      |
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| 2003                                                                                                                                                                                                                                                                           | 10.89 | 12.70 | 1.81 | 288 |   |   | 12.40 |   | 0 |
| 2004                                                                                                                                                                                                                                                                           | 10.82 | 12.69 | 1.88 | 309 |   |   | 12.40 |   | 0 |
| 2005                                                                                                                                                                                                                                                                           | 10.73 | 7.64 | -3.10 | 330 | 0.32 | -5.38 | 7.02 |   | 5.38 |
| 2006                                                                                                                                                                                                                                                                           | 10.65 | 7.92 | -2.74 | 305 | 0.92 | -0.32 | 6.69 |   | 5.71 |
| 2007                                                                                                                                                                                                                                                                           | 10.67 | 8.42 | -2.24 | 282 | 1.52 | -0.11 | 6.59 |   | 5.81 |
| 2008                                                                                                                                                                                                                                                                           | 10.73 | 8.94 | -1.79 | 262 | 2.12 | -0.10 | 6.49 |   | 5.91 |
| 2009                                                                                                                                                                                                                                                                           | 10.84 | 9.47 | -1.37 | 246 | 2.73 | -0.09 | 6.40 |   | 6.00 |
| 2010                                                                                                                                                                                                                                                                           | 10.99 | 10.01 | -0.97 | 233 | 3.33 | -0.08 | 6.32 |   | 6.08 |
| 2011                                                                                                                                                                                                                                                                           | 11.16 | 10.60 | -0.56 | 223 | 3.94 | -0.06 | 6.26 |   | 6.14 |
| 2012                                                                                                                                                                                                                                                                           | 11.37 | 11.18 | -0.19 | 217 | 4.55 | -0.05 | 6.21 |   | 6.19 |
| 2013                                                                                                                                                                                                                                                                           | 11.60 | 11.29 | -0.30 | 214 | 4.69 | -0.04 | 6.16 |   | 6.24 |
| 2014                                                                                                                                                                                                                                                                           | 11.83 | 11.41 | -0.42 | 210 | 4.83 | -0.04 | 6.12 |   | 6.28 |
| 2015                                                                                                                                                                                                                                                                           | 12.07 | 11.54 | -0.53 | 206 | 4.97 | -0.03 | 6.09 |   | 6.31 |
| 2016                                                                                                                                                                                                                                                                           | 12.32 | 11.68 | -0.63 | 200 | 5.12 | -0.02 | 6.07 |   | 6.33 |
| 2017                                                                                                                                                                                                                                                                           | 12.55 | 11.84 | -0.72 | 195 | 5.27 | -0.01 | 6.06 |   | 6.34 |
| 2018                                                                                                                                                                                                                                                                           | 12.79 | 12.00 | -0.79 | 188 | 5.42 | -0.01 | 6.05 |   | 6.35 |
| 2019                                                                                                                                                                                                                                                                           | 13.00 | 12.17 | -0.84 | 182 | 5.59 | -0.01 | 6.04 |   | 6.36 |
| 2020                                                                                                                                                                                                                                                                           | 13.21 | 12.34 | -0.87 | 176 | 5.75 | -0.01 | 6.03 |   | 6.37 |
| 2021                                                                                                                                                                                                                                                                           | 13.41 | 12.51 | -0.90 | 169 | 5.92 | -0.01 | 6.03 |   | 6.37 |
| 2022                                                                                                                                                                                                                                                                           | 13.58 | 12.69 | -0.89 | 163 | 6.09 | -0.01 | 6.02 |   | 6.38 |
| 2023                                                                                                                                                                                                                                                                           | 13.71 | 12.87 | -0.84 | 158 | 6.26 | 0.00 | 6.02 |   | 6.38 |
| 2024                                                                                                                                                                                                                                                                           | 13.81 | 13.05 | -0.76 | 153 | 6.44 | 0.00 | 6.02 |   | 6.38 |
| 2025                                                                                                                                                                                                                                                                           | 13.89 | 13.24 | -0.65 | 149 | 6.62 | 0.00 | 6.01 |   | 6.39 |
| 2026                                                                                                                                                                                                                                                                           | 13.93 | 13.42 | -0.51 | 147 | 6.80 | 0.00 | 6.01 |   | 6.39 |
| 2027                                                                                                                                                                                                                                                                           | 13.95 | 13.61 | -0.34 | 145 | 6.98 | 0.00 | 6.01 |   | 6.39 |
| 2028                                                                                                                                                                                                                                                                           | 13.93 | 13.79 | -0.13 | 145 | 7.17 | 0.00 | 6.01 |   | 6.39 |
| 2029                                                                                                                                                                                                                                                                           | 13.87 | 13.87 | 0.00 | 147 | 7.25 | 0.00 | 6.01 |   | 6.39 |
| 2030                                                                                                                                                                                                                                                                           | 13.78 | 13.78 | 0.00 | 150 | 7.15 | 0.00 | 6.00 |   | 6.40 |
| 2031                                                                                                                                                                                                                                                                           | 13.65 | 13.65 | 0.00 | 154 | 7.03 | 0.00 | 6.00 |   | 6.40 |
| 2032                                                                                                                                                                                                                                                                           | 13.49 | 13.50 | 0.00 | 158 | 6.88 | 0.00 | 6.00 |   | 6.40 |
| 2033                                                                                                                                                                                                                                                                           | 13.31 | 13.31 | 0.00 | 163 | 6.70 | 0.00 | 6.00 |   | 6.40 |
| 2034                                                                                                                                                                                                                                                                           | 13.09 | 13.09 | 0.00 | 168 | 6.49 | 0.00 | 6.00 |   | 6.40 |
| 2035                                                                                                                                                                                                                                                                           | 12.86 | 12.86 | 0.00 | 174 | 6.27 | 0.00 | 6.00 |   | 6.40 |
| 2036                                                                                                                                                                                                                                                                           | 12.61 | 12.61 | 0.00 | 180 | 6.03 | 0.00 | 6.00 |   | 6.40 |
| 2037                                                                                                                                                                                                                                                                           | 12.34 | 12.34 | 0.00 | 187 | 5.77 | 0.00 | 6.00 |   | 6.40 |
| 2038                                                                                                                                                                                                                                                                           | 12.05 | 12.05 | 0.00 | 194 | 5.50 | 0.00 | 6.00 |   | 6.40 |
| 2039                                                                                                                                                                                                                                                                           | 11.74 | 11.75 | 0.00 | 203 | 5.20 | 0.00 | 6.00 |   | 6.40 |
| 2040                                                                                                                                                                                                                                                                           | 11.42 | 11.43 | 0.00 | 211 | 4.90 | 0.00 | 6.00 |   | 6.40 |
| 2041                                                                                                                                                                                                                                                                           | 11.09 | 11.10 | 0.00 | 221 | 4.59 | 0.00 | 6.00 |   | 6.40 |
| 2042                                                                                                                                                                                                                                                                           | 10.75 | 10.75 | 0.00 | 232 | 4.25 | 0.00 | 6.00 |   | 6.40 |
| 2043                                                                                                                                                                                                                                                                           | 10.40 | 10.40 | 0.00 | 244 | 3.92 | 0.00 | 6.00 |   | 6.40 |
| 2044                                                                                                                                                                                                                                                                           | 10.03 | 10.04 | 0.00 | 256 | 3.58 | 0.00 | 6.00 |   | 6.40 |
| 2045                                                                                                                                                                                                                                                                           | 9.68 | 9.67 | 0.00 | 270 | 3.23 | 0.00 | 6.00 |   | 6.40 |
| 2046                                                                                                                                                                                                                                                                           | 9.31 | 9.31 | 0.00 | 285 | 2.89 | 0.00 | 6.00 |   | 6.40 |
| 2047                                                                                                                                                                                                                                                                           | 8.94 | 8.94 | 0.00 | 302 | 2.54 | 0.00 | 6.00 |   | 6.40 |
| 2048                                                                                                                                                                                                                                                                           | 8.57 | 8.57 | 0.00 | 320 | 2.18 | 0.00 | 6.00 |   | 6.40 |
| 2049                                                                                                                                                                                                                                                                           | 8.20 | 8.20 | 0.00 | 340 | 1.84 | 0.00 | 6.00 |   | 6.40 |
| 2050                                                                                                                                                                                                                                                                           | 7.84 | 7.84 | 0.00 | 362 | 1.49 | 0.00 | 6.00 |   | 6.40 |
| 2051                                                                                                                                                                                                                                                                           | 7.48 | 7.48 | 0.00 | 385 | 1.15 | 0.00 | 6.00 |   | 6.40 |
| 2052                                                                                                                                                                                                                                                                           | 7.13 | 7.13 | 0.00 | 411 | 0.82 | 0.00 | 6.00 |   | 6.40 |
| 2053                                                                                                                                                                                                                                                                           | 6.80 | 6.80 | 0.00 | 438 | 0.50 | 0.00 | 6.00 |   | 6.40 |
| 2054                                                                                                                                                                                                                                                                           | 6.48 | 6.48 | 0.00 | 468 | 0.21 | 0.00 | 6.00 |   | 6.40 |
| 2055                                                                                                                                                                                                                                                                           | 6.19 | 6.19 | 0.00 | 497 | 0.00 | -0.07 | 5.93 | 0.07 | 6.40 |
| 2056                                                                                                                                                                                                                                                                           | 5.92 | 5.92 | 0.00 | 529 | 0.00 | -0.26 | 5.68 | 0.32 | 6.40 |
| 2057                                                                                                                                                                                                                                                                           | 5.67 | 5.67 | 0.00 | 562 | 0.00 | -0.24 | 5.43 | 0.57 | 6.40 |
| 2058                                                                                                                                                                                                                                                                           | 5.43 | 5.43 | 0.00 | 596 | 0.00 | -0.23 | 5.21 | 0.79 | 6.40 |
| 2059                                                                                                                                                                                                                                                                           | 5.21 | 5.21 | 0.00 | 631 | 0.00 | -0.21 | 5.00 | 1.00 | 6.40 |
| 2060                                                                                                                                                                                                                                                                           | 5.01 | 5.01 | 0.00 | 668 | 0.00 | -0.19 | 4.81 | 1.19 | 6.40 |
| 2061                                                                                                                                                                                                                                                                           | 4.82 | 4.82 | 0.00 | 705 | 0.00 | -0.17 | 4.63 | 1.37 | 6.40 |
| 2062                                                                                                                                                                                                                                                                           | 4.65 | 4.65 | 0.00 | 742 | 0.00 | -0.16 | 4.47 | 1.53 | 6.40 |
| 2063                                                                                                                                                                                                                                                                           | 4.50 | 4.50 | 0.00 | 780 | 0.00 | -0.14 | 4.33 | 1.67 | 6.40 |
| 2064                                                                                                                                                                                                                                                                           | 4.36 | 4.36 | 0.00 | 818 | 0.00 | -0.13 | 4.20 | 1.80 | 6.40 |
| 2065                                                                                                                                                                                                                                                                           | 4.26 | 4.26 | 0.00 | 852 | 0.00 | -0.10 | 4.10 | 1.90 | 6.40 |
| 2066                                                                                                                                                                                                                                                                           | 4.16 | 4.16 | 0.00 | 886 | 0.00 | -0.09 | 4.01 | 1.99 | 6.40 |
| 2067                                                                                                                                                                                                                                                                           | 4.08 | 4.08 | 0.00 | 920 | 0.00 | -0.08 | 3.93 | 2.07 | 6.40 |
| 2068                                                                                                                                                                                                                                                                           | 4.00 | 4.00 | 0.00 | 953 | 0.00 | -0.07 | 3.85 | 2.15 | 6.40 |
| 2069                                                                                                                                                                                                                                                                           | 3.93 | 3.93 | 0.00 | 986 | 0.00 | -0.06 | 3.79 | 2.21 | 6.40 |
| 2070                                                                                                                                                                                                                                                                           | 3.87 | 3.87 | 0.00 | 1,018 | 0.00 | -0.06 | 3.74 | 2.26 | 6.40 |
| 2071                                                                                                                                                                                                                                                                           | 3.82 | 3.82 | 0.00 | 1,049 | 0.00 | -0.05 | 3.69 | 2.31 | 6.40 |
| 2072                                                                                                                                                                                                                                                                           | 3.78 | 3.78 | 0.00 | 1,079 | 0.00 | -0.04 | 3.65 | 2.35 | 6.40 |
| 2073                                                                                                                                                                                                                                                                           | 3.74 | 3.74 | 0.00 | 1,108 | 0.00 | -0.03 | 3.61 | 2.39 | 6.40 |
| 2074                                                                                                                                                                                                                                                                           | 3.71 | 3.71 | 0.00 | 1,136 | 0.00 | -0.03 | 3.58 | 2.42 | 6.40 |
| 2075                                                                                                                                                                                                                                                                           | 3.69 | 3.69 | 0.00 | 1,163 | 0.00 | -0.02 | 3.56 | 2.44 | 6.40 |
| 2076                                                                                                                                                                                                                                                                           | 3.66 | 3.66 | 0.00 | 1,190 | 0.00 | -0.02 | 3.54 | 2.46 | 6.40 |
| 2077                                                                                                                                                                                                                                                                           | 3.65 | 3.65 | 0.00 | 1,217 | 0.00 | -0.02 | 3.52 | 2.48 | 6.40 |
| 2078                                                                                                                                                                                                                                                                           | 3.63 | 3.63 | 0.00 | 1,243 | 0.00 | -0.01 | 3.51 | 2.50 | 6.40 |
|                                                                                                                                                                                                                                                                           | Summarized |   |   |
| CostRateOASDI                                                                                                                                                                                                                                                                  | IncomeRateOASDI | ActuarialBalanceOASDI | Change inActuarialBalance |
| 2003-2077                                                                                                                                                                                                                                                                      | 10.30 | 10.59 | 0.29 | 2.21 |
| Based on Intermediate Assumptions of the 2003 Trustees Report.1 Includes Specified and Corporate Tax--based on General Fund Transfers (see table 1.d).2 Net payroll tax rate to the Trust Funds; reduced by amount redirected for IA contribution, and cut for Annual Balance. |
|                                                                                                                                                                                                                                                                           | Office of the ActuarySocial Security AdministrationDecember 1, 2003 |

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