II. ACTUARIAL ANALYSIS

Table II.C8. - Net Administrative Expenses as a Percentage of Contribution Income and of Benefit Payments, by Trust Fund, Fiscal Years 1991-95

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                                                               OASI and DI
                                                               Trust Funds,
                OASI Trust Fund         DI Trust Fund            combined
            ---------------------  ---------------------  ---------------------
            Contribution  Benefit  Contribution  Benefit  Contribution  Benefit
Fiscal year       income payments        income payments        income payments 
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1991.......          0.6      0.7           2.7      2.9           0.8      1.0
1992.......           .7       .7           2.8      2.8            .9       .9
1993.......           .7       .8           3.0      2.8            .9      1.0
1994.......           .6       .7           3.1      2.8            .8       .9
1995.......           .6       .6           1.6      2.7            .8       .9
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II. ACTUARIAL ANALYSIS

Table II.C8. - Net Administrative Expenses as a Percentage of Contribution Income and of Benefit Payments, by Trust Fund, Fiscal Years 1991-95

Last Modified: 09:30am, July 5, 1996