------------------------------------------------------------------------------- Ultimate percentage increase in wages-CPI1/ --------------------------------------------- Valuation period 4.5-4.0 5.0-4.0 5.5-4.0 ------------------------------------------------------------------------------- Summarized income rate: 25-year: 1996-2020.............. 13.59 13.54 13.49 50-year: 1996-2045.............. 13.41 13.35 13.29 75-year: 1996-2070.............. 13.40 13.33 13.26 Summarized cost rate: 25-year: 1996-2020.............. 13.58 13.18 12.78 50-year: 1996-2045.............. 15.32 14.74 14.17 75-year: 1996-2070.............. 16.14 15.52 14.90 Balance: 25-year: 1996-2020.............. +.01 +.36 +.71 50-year: 1996-2045.............. -1.91 -1.39 -.87 75-year: 1996-2070.............. -2.75 -2.19 -1.63 ------------------------------------------------------------------------------- 1/ The first value in each pair is the assumed ultimate annual percentage increase in average wages in covered employment. The second value is the assumed ultimate annual percentage increase in the Consumer Price Index. The difference between the two values is the real-wage differential.
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