A Stochastic Model
of the Long-Range Financial Status
of the OASDI ProgramSeptember 2004
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V. APPENDICES
D. EQUATION PARAMETER ESTIMATES AND REGRESSION STATISTICS
This appendix contains the parameter values and standard errors for each numbered equation described in chapter II. The parameter values include, where applicable, the estimated autoregressive (AR) and moving average (MA) coefficients. In addition, the assumed annual projected values of each variable from the 2004 Trustees Report alternative II
(e.g., FtTR) are presented in a table at the end of this appendix.
The standard errors of each regression were used to generate random variation in each of the variables. The random variation in one variable is usually generated independently of the random variation in another variable. However, the mortality improvement variables, economic variable VAR, and disability variables were each generated in such a way that the random error terms were correlated. For each of these, a Cholesky decomposition was performed on a residual variance-covariance matrix. The correlated random error terms were then obtained by multiplying the lower triangular Cholesky matrix by a vector of standard normal random errors.
Total Fertility Rate
Ft = FtTR + φ1 ft-1 + φ2 ft-2 + φ3 ft-3 + φ4 ft-4 + εt –θ1 εt-1, 0.5 ≤ Ft ≤ 3.4 (1)
Note: The total fertility rate was bounded on this interval because the computer model became unstable if the simulated total fertility rate was less than 0.5. The upper bound was set at 3.4 to preserve the symmetry around the ultimate TR04II value of 1.95.
AR Parameters
|
|
MA Parameters
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Process mean over historical period
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φ1 = 1.991694
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θ1 = 0.665162
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µ = 2.469526
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φ2 = -1.508138
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φ3 = 0.914735
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φ4 = -0.419396
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Standard Error
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= 0.090936
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Rate of Decrease in Central Death Rate
MRk, t = MRk, tTR + φkmrk, t-1 + εk, t (2)
Group ( k )
|
Sex
|
Age
|
AR Parameter ( φk )
|
Process mean over historical period
|
1
|
M
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Under 1
|
-0.351201
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2.869243
|
2
|
F
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-0.372752
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2.842529
|
3
|
M
|
1 to 4
|
-0.416565
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3.501578
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4
|
F
|
|
-0.427767
|
3.565887
|
5
|
M
|
5 to 9
|
-0.227505
|
2.949994
|
6
|
F
|
|
-0.271437
|
2.997825
|
7
|
M
|
10 to 14
|
-0.234871
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2.155480
|
8
|
F
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|
-0.182700
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2.320293
|
9
|
M
|
15 to 19
|
-0.193210
|
0.906328
|
10
|
F
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-0.168664
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1.871810
|
11
|
M
|
20 to 24
|
-0.175331
|
0.822418
|
12
|
F
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|
-0.200078
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1.914533
|
13
|
M
|
25 to 29
|
-0.213296
|
0.689647
|
14
|
F
|
|
-0.185487
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1.657118
|
15
|
M
|
30 to 34
|
-0.214036
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0.882346
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16
|
F
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-0.221462
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1.788244
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17
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M
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35 to 39
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-0.213548
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1.141628
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18
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F
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-0.237834
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1.777003
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19
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M
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40 to 44
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-0.137733
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1.173295
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20
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F
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-0.223119
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1.681488
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21
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M
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45 to 49
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-0.153830
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1.058397
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22
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F
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-0.253837
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1.501890
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23
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M
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50 to 54
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-0.082579
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0.992394
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24
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F
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-0.250153
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1.418907
|
25
|
M
|
55 to 59
|
-0.025914
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0.891541
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26
|
F
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-0.221067
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1.234432
|
27
|
M
|
60 to 64
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-0.107071
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0.783572
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28
|
F
|
|
-0.340946
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1.133483
|
29
|
M
|
65 to 69
|
-0.217861
|
0.634373
|
30
|
F
|
|
-0.219608
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0.975814
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31
|
M
|
70 to 74
|
-0.280665
|
0.610547
|
32
|
F
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-0.269514
|
0.978308
|
33
|
M
|
75 to 79
|
-0.256160
|
0.552180
|
34
|
F
|
|
-0.280206
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0.894627
|
35
|
M
|
80 to 84
|
-0.331191
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0.540486
|
36
|
F
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-0.295512
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0.816556
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37
|
M
|
85 to 89
|
-0.241108
|
0.361083
|
38
|
F
|
|
-0.185227
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0.580038
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39
|
M
|
90 to 94
|
-0.242183
|
0.274489
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40
|
F
|
|
-0.207037
|
0.467668
|
41
|
M
|
95 and Up
|
-0.158566
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0.139841
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42
|
F
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-0.184255
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0.322523
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Cholesky Decomposition of Residual Variance-Covariance Matrix
V = LL′ L = [A|B|C] (L is a 42×42 matrix)
A =
|
4.62
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4.58
|
1.07
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4.50
|
1.57
|
6.41
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4.82
|
2.12
|
6.61
|
2.12
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3.45
|
1.26
|
4.79
|
1.53
|
3.63
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3.82
|
0.85
|
6.13
|
1.90
|
3.14
|
3.30
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3.48
|
0.70
|
5.14
|
2.19
|
3.50
|
1.33
|
3.41
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4.53
|
1.17
|
6.53
|
2.51
|
4.34
|
2.71
|
2.22
|
3.50
|
0
|
0
|
0
|
0
|
0
|
0
|
5.06
|
1.36
|
8.82
|
3.80
|
4.25
|
1.69
|
3.76
|
1.85
|
4.24
|
0
|
0
|
0
|
0
|
0
|
4.19
|
1.04
|
7.47
|
2.90
|
3.63
|
2.02
|
3.12
|
2.56
|
1.90
|
2.92
|
0
|
0
|
0
|
0
|
4.46
|
2.21
|
9.39
|
3.80
|
4.60
|
1.71
|
3.99
|
1.57
|
4.46
|
-0.84
|
3.49
|
0
|
0
|
0
|
5.07
|
1.73
|
9.02
|
4.46
|
4.51
|
2.66
|
4.05
|
2.27
|
3.36
|
2.56
|
0.08
|
3.12
|
0
|
0
|
5.75
|
2.49
|
11.22
|
5.42
|
5.59
|
2.70
|
4.82
|
2.51
|
5.68
|
0.76
|
1.61
|
1.75
|
3.13
|
0
|
5.73
|
2.47
|
10.87
|
5.51
|
5.31
|
3.18
|
4.58
|
3.06
|
4.38
|
2.75
|
-0.26
|
3.59
|
1.61
|
2.25
|
5.54
|
2.37
|
9.69
|
4.50
|
4.59
|
2.22
|
4.86
|
2.42
|
4.51
|
0.99
|
0.89
|
1.51
|
2.42
|
0.56
|
4.61
|
1.93
|
8.22
|
4.26
|
3.99
|
2.32
|
3.70
|
2.16
|
3.17
|
1.72
|
0.08
|
2.13
|
0.87
|
1.45
|
4.06
|
1.26
|
5.96
|
2.36
|
2.74
|
0.88
|
3.18
|
1.38
|
2.35
|
0.74
|
0.72
|
0.10
|
1.50
|
0.10
|
3.05
|
0.96
|
4.76
|
2.28
|
2.24
|
1.13
|
2.41
|
1.20
|
1.34
|
1.31
|
0.49
|
0.72
|
0.17
|
0.70
|
2.80
|
0.73
|
3.13
|
0.53
|
1.06
|
0.13
|
1.78
|
0.82
|
1.01
|
0.59
|
0.88
|
-1.08
|
0.39
|
-0.19
|
2.21
|
0.31
|
2.67
|
0.79
|
1.03
|
0.61
|
1.19
|
0.97
|
0.63
|
0.96
|
0.79
|
0.02
|
-0.30
|
0.04
|
2.28
|
0.11
|
1.71
|
-0.11
|
0.53
|
-0.02
|
1.17
|
0.48
|
0.47
|
0.46
|
0.68
|
-0.91
|
0.15
|
-0.13
|
1.77
|
-0.06
|
1.91
|
0.04
|
0.57
|
0.46
|
0.93
|
0.38
|
0.15
|
0.70
|
0.30
|
-0.06
|
-0.25
|
0.16
|
1.62
|
-0.15
|
0.93
|
-0.37
|
0.00
|
-0.41
|
0.59
|
0.14
|
0.17
|
0.45
|
0.77
|
-0.88
|
-0.09
|
0.11
|
1.23
|
0.16
|
1.57
|
-0.09
|
0.41
|
0.11
|
0.70
|
0.16
|
-0.10
|
0.68
|
0.44
|
-0.40
|
-0.23
|
0.38
|
1.20
|
-0.41
|
0.54
|
-0.55
|
0.15
|
-0.16
|
0.44
|
0.01
|
0.09
|
0.48
|
0.87
|
-1.28
|
-0.23
|
0.15
|
1.02
|
-0.12
|
1.02
|
-0.27
|
0.01
|
0.20
|
0.55
|
-0.10
|
-0.40
|
0.69
|
0.68
|
-0.86
|
-0.42
|
0.24
|
0.97
|
-0.12
|
0.38
|
-0.61
|
-0.06
|
0.01
|
0.72
|
0.17
|
-0.26
|
0.26
|
0.46
|
-1.11
|
-0.13
|
0.27
|
0.77
|
-0.07
|
0.71
|
-0.38
|
-0.25
|
0.21
|
0.62
|
0.19
|
-0.67
|
0.54
|
0.37
|
-0.45
|
-0.29
|
0.45
|
0.99
|
-0.28
|
0.47
|
-0.41
|
-0.36
|
0.03
|
0.40
|
-0.02
|
-0.13
|
0.37
|
0.51
|
-1.04
|
-0.10
|
0.26
|
0.74
|
-0.11
|
0.66
|
-0.45
|
-0.48
|
0.18
|
0.51
|
0.19
|
-0.62
|
0.59
|
0.44
|
-0.59
|
-0.35
|
0.44
|
0.57
|
-0.24
|
0.31
|
-0.72
|
-0.22
|
0.10
|
0.39
|
0.11
|
-0.39
|
0.53
|
0.68
|
-1.01
|
-0.39
|
0.08
|
0.61
|
-0.12
|
0.31
|
-0.56
|
-0.41
|
0.28
|
0.59
|
0.28
|
-0.83
|
0.72
|
0.67
|
-0.70
|
-0.70
|
0.48
|
0.76
|
-0.57
|
0.41
|
-0.67
|
-0.54
|
-0.12
|
0.25
|
-0.09
|
-0.74
|
0.40
|
0.55
|
-0.86
|
-0.40
|
0.43
|
0.72
|
-0.46
|
0.27
|
-0.58
|
-0.75
|
0.07
|
0.41
|
-0.13
|
-0.98
|
0.42
|
0.53
|
-0.72
|
-0.56
|
0.62
|
0.61
|
-0.41
|
0.24
|
-0.76
|
-0.63
|
-0.04
|
0.39
|
-0.08
|
-0.75
|
0.46
|
0.68
|
-1.34
|
-0.79
|
0.29
|
0.66
|
-0.22
|
0.13
|
-0.67
|
-0.80
|
0.08
|
0.40
|
-0.26
|
-0.91
|
0.53
|
0.78
|
-1.11
|
-0.97
|
0.58
|
0.35
|
-0.63
|
-0.01
|
-0.76
|
-0.69
|
0.36
|
0.54
|
0.08
|
-1.00
|
0.77
|
0.50
|
-0.79
|
-0.90
|
0.64
|
0.50
|
-0.58
|
-0.19
|
-0.75
|
-0.63
|
0.37
|
0.56
|
-0.04
|
-1.04
|
0.68
|
0.52
|
-0.95
|
-1.04
|
0.85
|
0.42
|
-0.54
|
-0.07
|
-0.86
|
-0.71
|
0.59
|
0.50
|
0.27
|
-1.02
|
0.69
|
0.49
|
-0.81
|
-0.93
|
0.65
|
0.53
|
-0.51
|
-0.13
|
-1.00
|
-0.69
|
0.57
|
0.64
|
-0.07
|
-1.11
|
0.78
|
0.56
|
-0.92
|
-1.09
|
0.80
|
0.51
|
-0.29
|
-0.16
|
-0.72
|
-0.86
|
1.13
|
0.26
|
0.40
|
-0.79
|
0.52
|
0.25
|
-1.00
|
-1.04
|
0.76
|
0.60
|
-0.36
|
-0.13
|
-0.87
|
-0.84
|
0.91
|
0.50
|
0.14
|
-1.07
|
0.62
|
0.32
|
-1.14
|
-1.06
|
0.87
|
B =
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2.30
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1.08
|
1.78
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1.66
|
-0.16
|
2.39
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.48
|
0.72
|
1.46
|
1.69
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1.48
|
-0.11
|
1.96
|
0.44
|
1.96
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.45
|
0.56
|
0.99
|
0.59
|
1.04
|
1.48
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.76
|
-0.09
|
1.55
|
0.49
|
1.14
|
0.23
|
1.51
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.20
|
0.44
|
0.87
|
0.45
|
0.48
|
0.22
|
0.68
|
1.13
|
0
|
0
|
0
|
0
|
0
|
0
|
0.57
|
-0.33
|
1.53
|
0.51
|
1.29
|
0.10
|
0.63
|
-0.03
|
1.54
|
0
|
0
|
0
|
0
|
0
|
0.25
|
-0.05
|
0.86
|
0.61
|
0.43
|
0.64
|
0.17
|
0.39
|
0.98
|
1.18
|
0
|
0
|
0
|
0
|
0.67
|
0.05
|
0.99
|
0.47
|
1.25
|
0.10
|
0.84
|
0.26
|
0.90
|
-0.04
|
1.14
|
0
|
0
|
0
|
0.39
|
0.31
|
0.70
|
0.91
|
0.55
|
0.33
|
0.53
|
0.44
|
0.39
|
0.23
|
1.06
|
1.05
|
0
|
0
|
0.62
|
-0.27
|
1.01
|
0.43
|
0.75
|
-0.03
|
1.11
|
0.29
|
1.19
|
0.03
|
0.08
|
-0.11
|
1.21
|
0
|
0.36
|
0.04
|
0.76
|
0.62
|
0.25
|
0.29
|
0.74
|
0.35
|
0.67
|
0.52
|
0.15
|
0.24
|
0.64
|
0.92
|
0.33
|
-0.08
|
1.08
|
0.57
|
1.15
|
0.22
|
0.62
|
0.21
|
0.96
|
-0.02
|
0.55
|
0.16
|
0.60
|
-0.06
|
0.09
|
0.52
|
0.78
|
0.68
|
0.56
|
0.31
|
0.39
|
0.14
|
0.60
|
0.16
|
0.65
|
0.50
|
0.26
|
0.26
|
0.54
|
-0.06
|
0.89
|
0.48
|
0.75
|
0.28
|
0.79
|
0.22
|
1.11
|
0.15
|
0.50
|
-0.10
|
0.97
|
0.10
|
0.44
|
0.30
|
0.76
|
0.61
|
0.36
|
0.37
|
0.63
|
0.29
|
0.84
|
0.50
|
0.61
|
0.07
|
0.59
|
0.38
|
-0.05
|
0.25
|
1.00
|
0.77
|
0.51
|
0.15
|
0.67
|
0.23
|
1.09
|
0.12
|
0.89
|
0.06
|
0.59
|
0.41
|
-0.12
|
0.64
|
1.03
|
1.11
|
0.47
|
0.32
|
0.62
|
0.22
|
0.97
|
0.31
|
0.88
|
0.37
|
0.48
|
0.54
|
0.07
|
0.21
|
0.90
|
0.77
|
0.59
|
0.54
|
0.62
|
0.23
|
1.24
|
0.48
|
0.69
|
-0.07
|
0.76
|
0.52
|
-0.09
|
0.47
|
0.93
|
0.90
|
0.62
|
0.52
|
0.54
|
0.11
|
1.32
|
0.51
|
0.76
|
0.06
|
0.71
|
0.77
|
-0.15
|
0.38
|
1.34
|
0.87
|
0.16
|
0.18
|
0.64
|
0.41
|
1.28
|
0.14
|
0.87
|
0.00
|
1.10
|
0.64
|
-0.49
|
0.52
|
1.38
|
1.20
|
0.21
|
0.07
|
0.88
|
0.13
|
1.34
|
0.39
|
0.83
|
-0.12
|
1.02
|
0.83
|
-0.22
|
0.48
|
1.50
|
0.91
|
0.18
|
0.14
|
0.51
|
0.30
|
1.15
|
0.22
|
0.91
|
0.09
|
1.13
|
0.69
|
-0.57
|
0.52
|
1.45
|
1.01
|
0.14
|
0.06
|
0.77
|
0.11
|
1.30
|
0.39
|
0.83
|
-0.09
|
1.04
|
0.90
|
-0.12
|
0.41
|
1.98
|
1.11
|
0.05
|
0.12
|
0.24
|
0.20
|
0.82
|
0.12
|
1.29
|
0.30
|
1.13
|
0.68
|
-0.31
|
0.47
|
1.72
|
1.05
|
0.01
|
0.09
|
0.48
|
-0.08
|
1.11
|
0.41
|
1.07
|
0.06
|
1.04
|
1.08
|
C =
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1.06
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.69
|
1.13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.25
|
-0.01
|
1.07
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.08
|
0.63
|
0.77
|
0.70
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.38
|
0.33
|
0.08
|
-0.12
|
1.09
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.30
|
0.89
|
0.02
|
0.43
|
0.78
|
0.75
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.67
|
0.23
|
0.58
|
0.22
|
0.41
|
0.05
|
1.18
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0.38
|
0.47
|
0.71
|
0.63
|
0.36
|
0.35
|
0.83
|
0.81
|
0
|
0
|
0
|
0
|
0
|
0
|
0.62
|
0.44
|
0.29
|
0.21
|
0.72
|
0.30
|
0.55
|
0.45
|
1.42
|
0
|
0
|
0
|
0
|
0
|
0.69
|
1.05
|
0.33
|
0.46
|
0.80
|
0.34
|
0.61
|
0.75
|
0.96
|
0.83
|
0
|
0
|
0
|
0
|
0.69
|
0.37
|
0.20
|
0.28
|
0.66
|
0.31
|
0.63
|
0.61
|
1.48
|
-0.03
|
0.54
|
0
|
0
|
0
|
0.71
|
1.03
|
0.23
|
0.50
|
0.77
|
0.36
|
0.69
|
0.76
|
0.94
|
0.85
|
0.23
|
0.34
|
0
|
0
|
0.85
|
0.41
|
0.04
|
0.58
|
0.44
|
0.35
|
0.71
|
0.89
|
1.53
|
-0.24
|
0.94
|
0.23
|
1.23
|
0
|
0.84
|
1.08
|
0.10
|
0.63
|
0.68
|
0.35
|
0.77
|
0.95
|
1.03
|
0.80
|
0.67
|
0.31
|
0.57
|
0.41
|
Legal Immigration
IMt = IMtTR + φ1imt-1 + φ2imt-2 + φ3imt-3 + φ4imt-4 + εt – θ1εt-1, 0 ≤ IMt ≤ 2×IMtTR (3)
Note: Because legal immigration is a non-negative quantity, its lower bound was set at zero. The upper limit was chosen to preserve the symmetry around the TR04II value.
AR Parameters
|
|
MA Parameters
|
|
Process mean over historical period
|
φ1 = 1.079587
|
|
θ1 = -0.487496
|
|
µ = 460,545
|
φ2 = -0.538171
|
|
φ3 = 0.689674
|
φ4 = -0.309780
|
Standard Error
|
= 84,770
|
Legal Emigration
EMt = EMtTR + φ1emt-1 + φ2emt-2 + φ3emt-3 + φ4emt-4 + εt – θ1εt-1, 0 ≤ EMt ≤ 2×EMtTR (4)
Note: Because legal emigration is a non-negative quantity, its lower bound was set at zero. The upper limit was chosen to preserve the symmetry around the TR04II value.
AR Parameters
|
|
MA Parameters
|
φ1 = 0.269897
|
|
θ1 = -0.121874
|
φ2 = -0.134543
|
|
φ3 = 0.172419
|
φ4 = -0.077445
|
Standard Error
|
= 21,192
|
Net Other Immigration
ΔΟt = ΔΟtTR + εt
Ο2003 = Ο2003TR = 400,000
(5)
Standard Error
|
= 25,371
|
Economic Variable VAR
Unemployment Rate (expressed as log-odds ratio)
Ut = UtTR + a111ut-1 + a112ut-2 + a121it-1 + a122it-2 + a131rt-1 + a132rt-2 + ε1t (6)
AR Parameters
|
|
Process mean over historical period
|
a111 = 0.960146
|
|
a112 = -0.304386
|
|
µ = -2.796475
|
a121 = 0.400633
|
|
a122 = -0.083907
|
|
a131 = 0.746191
|
|
a132 = 0.610372
|
Inflation Rate (transformed into logs with lower bound of -3.0%)
It = ItTR + a211ut-1 + a212ut-2 + a221it-1 + a222it-2 + a231rt-1 + a232rt-2 + ε2t
(7)
AR Parameters
|
|
Process mean over historical period
|
a211 = -0.769000
|
|
a212 = 0.721055
|
|
µ = -2.719855
|
a221 = 0.595616
|
|
a222 = 0.301637
|
|
a231 = -4.846046
|
|
a232 = 1.803246
|
Real Interest Rate
Rt = RtTR + a311ut-1 + a312ut-2 + a321it-1 + a322it-2 + a331rt-1 + a332rt-2 + ε3t
(8)
Note: The real interest rate was bounded below such that the nominal interest rate would be non-negative.
AR Parameters
|
|
Process mean over historical period
|
a311 = 0.060540
|
|
a312 = -0.048520
|
|
µ = 0.030517
|
a321 = 0.028107
|
|
a322 = -0.027562
|
|
a331 = 1.234137
|
|
a332 = -0.319613
|
Cholesky Decomposition of Residual Variance-Covariance Matrix
V = LL′
|
L =
|
0.113117
|
0
|
0
|
-0.050445
|
0.139394
|
0
|
0.000952
|
-0.007164
|
0.009837
|
|
Real Average Wage (percent change)
Wt = WtTR + β2ut + β3ut-1 + εt
(9)
AR Parameters
|
|
Process mean over historical period
|
β2 = -0.061391
|
|
µ = 0.012822
|
β3 = 0.035378
|
|
Standard Error
|
= 0.011806
|
Disability Incidence - Male
DIMt = DIMtTR + φ1dimt-1 + φ2dimt-2 + εt
(10)
AR Parameters
|
|
Process mean over historical period
|
φ1 = 1.465965
|
|
µ = 5.559148
|
φ2 = -0.634930
|
|
Disability Incidence - Female
DIFt = DIFtTR + φ1dift-1 + φ2dift-2 + εt
(11)
AR Parameters
|
|
Process mean over historical period
|
φ1 = 1.447164
|
|
µ = 4.53556
|
φ2 = -0.618748
|
|
Cholesky Decomposition of Residual Variance-Covariance Matrix
V = LL′
|
L =
|
0.369409
|
0
|
0.310160
|
0.198227
|
|
Disability Recovery - Male
DRMt = DRMtTR + φ1drmt-1 + εt
(12)
AR Parameters
|
|
Process mean over historical period
|
φ1 = 0.577874
|
|
µ = 10.51046
|
Disability Recovery - Female
DRFt = DRFtTR + φ1drft-1 + εt
(13)
AR Parameters
|
|
Process mean over historical period
|
φ1 = 0.569980
|
|
µ = 9.590448
|
Cholesky Decomposition of Residual Variance-Covariance Matrix
V = LL′
|
L =
|
1.697850
|
0
|
1.538223
|
0.470810
|
|
Equation Parameters from the 2004 Trustees Report Assumptions
t
|
FtTR
|
MR1, tTR
|
MR2, tTR
|
MR3, tTR
|
MR4, tTR
|
MR5, tTR
|
MR6, tTR
|
MR7, tTR
|
MR8, tTR
|
2004
|
2.0167
|
2.9097
|
2.7474
|
3.1458
|
2.9534
|
3.0533
|
2.5483
|
1.8772
|
1.4612
|
2005
|
2.0139
|
2.6733
|
2.5448
|
2.7958
|
2.6463
|
2.7069
|
2.3225
|
1.7531
|
1.4460
|
2006
|
2.0112
|
2.4845
|
2.3829
|
2.5161
|
2.4008
|
2.4350
|
2.1433
|
1.6580
|
1.4344
|
2007
|
2.0084
|
2.3338
|
2.2535
|
2.2923
|
2.2041
|
2.2203
|
2.0006
|
1.5840
|
1.4253
|
2008
|
2.0056
|
2.2133
|
2.1500
|
2.1128
|
2.0464
|
2.0501
|
1.8865
|
1.5260
|
1.4178
|
2009
|
2.0028
|
2.1170
|
2.0672
|
1.9688
|
1.9197
|
1.9145
|
1.7949
|
1.4800
|
1.4114
|
2010
|
2.0000
|
2.0399
|
2.0009
|
1.8530
|
1.8178
|
1.8062
|
1.7213
|
1.4432
|
1.4058
|
2011
|
1.9973
|
1.9781
|
1.9478
|
1.7598
|
1.7356
|
1.7194
|
1.6619
|
1.4134
|
1.4007
|
2012
|
1.9945
|
1.9287
|
1.9051
|
1.6846
|
1.6693
|
1.6495
|
1.6137
|
1.3892
|
1.3960
|
2013
|
1.9917
|
1.8889
|
1.8709
|
1.6239
|
1.6156
|
1.5931
|
1.5746
|
1.3692
|
1.3917
|
2014
|
1.9889
|
1.8571
|
1.8434
|
1.5746
|
1.5721
|
1.5474
|
1.5427
|
1.3528
|
1.3875
|
2015
|
1.9861
|
1.8314
|
1.8213
|
1.5347
|
1.5366
|
1.5103
|
1.5165
|
1.3390
|
1.3836
|
2016
|
1.9833
|
1.8107
|
1.8034
|
1.5021
|
1.5076
|
1.4800
|
1.4950
|
1.3273
|
1.3798
|
2017
|
1.9806
|
1.7940
|
1.7890
|
1.4754
|
1.4839
|
1.4552
|
1.4772
|
1.3174
|
1.3762
|
2018
|
1.9778
|
1.7805
|
1.7773
|
1.4535
|
1.4643
|
1.4347
|
1.4623
|
1.3089
|
1.3727
|
2019
|
1.9750
|
1.7695
|
1.7677
|
1.4354
|
1.4480
|
1.4177
|
1.4498
|
1.3015
|
1.3693
|
2020
|
1.9723
|
1.7605
|
1.7599
|
1.4203
|
1.4344
|
1.4035
|
1.4392
|
1.2950
|
1.3660
|
2021
|
1.9695
|
1.7532
|
1.7535
|
1.4077
|
1.4229
|
1.3916
|
1.4301
|
1.2893
|
1.3627
|
2022
|
1.9667
|
1.7471
|
1.7483
|
1.3970
|
1.4132
|
1.3815
|
1.4223
|
1.2841
|
1.3596
|
2023
|
1.9639
|
1.7421
|
1.7439
|
1.3879
|
1.4049
|
1.3728
|
1.4155
|
1.2794
|
1.3564
|
2024
|
1.9611
|
1.7379
|
1.7402
|
1.3801
|
1.3976
|
1.3653
|
1.4094
|
1.2751
|
1.3534
|
2025
|
1.9584
|
1.7344
|
1.7371
|
1.3733
|
1.3912
|
1.3587
|
1.4041
|
1.2712
|
1.3503
|
2026
|
1.9556
|
1.7314
|
1.7344
|
1.3673
|
1.3856
|
1.3529
|
1.3992
|
1.2675
|
1.3473
|
2027
|
1.9528
|
1.7288
|
1.7321
|
1.3619
|
1.3805
|
1.3477
|
1.3947
|
1.2639
|
1.3444
|
2028
|
1.9500
|
1.7212
|
1.7255
|
1.3486
|
1.3684
|
1.3348
|
1.3849
|
1.2576
|
1.3408
|
2029
|
1.9500
|
1.7203
|
1.7247
|
1.3458
|
1.3656
|
1.3321
|
1.3822
|
1.2549
|
1.3380
|
2030
|
1.9500
|
1.7193
|
1.7238
|
1.3431
|
1.3629
|
1.3294
|
1.3794
|
1.2523
|
1.3352
|
2031
|
1.9500
|
1.7184
|
1.7229
|
1.3404
|
1.3601
|
1.3266
|
1.3766
|
1.2497
|
1.3324
|
2032
|
1.9500
|
1.7175
|
1.7220
|
1.3377
|
1.3573
|
1.3239
|
1.3738
|
1.2471
|
1.3296
|
2033
|
1.9500
|
1.7165
|
1.7212
|
1.3350
|
1.3546
|
1.3212
|
1.3711
|
1.2445
|
1.3268
|
2034
|
1.9500
|
1.7156
|
1.7203
|
1.3323
|
1.3518
|
1.3185
|
1.3683
|
1.2419
|
1.3240
|
2035
|
1.9500
|
1.7146
|
1.7194
|
1.3296
|
1.3491
|
1.3158
|
1.3656
|
1.2394
|
1.3213
|
2036
|
1.9500
|
1.7137
|
1.7185
|
1.3270
|
1.3464
|
1.3131
|
1.3628
|
1.2368
|
1.3185
|
2037
|
1.9500
|
1.7127
|
1.7176
|
1.3243
|
1.3436
|
1.3105
|
1.3601
|
1.2343
|
1.3157
|
2038
|
1.9500
|
1.7117
|
1.7167
|
1.3216
|
1.3409
|
1.3078
|
1.3573
|
1.2317
|
1.3130
|
2039
|
1.9500
|
1.7108
|
1.7158
|
1.3190
|
1.3382
|
1.3051
|
1.3546
|
1.2292
|
1.3103
|
2040
|
1.9500
|
1.7098
|
1.7149
|
1.3163
|
1.3355
|
1.3025
|
1.3519
|
1.2267
|
1.3075
|
2041
|
1.9500
|
1.7088
|
1.7139
|
1.3137
|
1.3328
|
1.2998
|
1.3491
|
1.2242
|
1.3048
|
2042
|
1.9500
|
1.7078
|
1.7130
|
1.3110
|
1.3301
|
1.2972
|
1.3464
|
1.2217
|
1.3021
|
2043
|
1.9500
|
1.7068
|
1.7121
|
1.3084
|
1.3274
|
1.2946
|
1.3437
|
1.2193
|
1.2994
|
2044
|
1.9500
|
1.7058
|
1.7111
|
1.3058
|
1.3247
|
1.2920
|
1.3410
|
1.2168
|
1.2967
|
2045
|
1.9500
|
1.7048
|
1.7102
|
1.3032
|
1.3220
|
1.2893
|
1.3383
|
1.2144
|
1.2940
|
2046
|
1.9500
|
1.7038
|
1.7092
|
1.3006
|
1.3194
|
1.2868
|
1.3357
|
1.2120
|
1.2913
|
2047
|
1.9500
|
1.7027
|
1.7083
|
1.2980
|
1.3167
|
1.2841
|
1.3330
|
1.2095
|
1.2887
|
2048
|
1.9500
|
1.7017
|
1.7073
|
1.2954
|
1.3141
|
1.2816
|
1.3303
|
1.2071
|
1.2860
|
2049
|
1.9500
|
1.7007
|
1.7063
|
1.2929
|
1.3114
|
1.2790
|
1.3276
|
1.2047
|
1.2834
|
2050
|
1.9500
|
1.6996
|
1.7054
|
1.2903
|
1.3088
|
1.2764
|
1.3250
|
1.2024
|
1.2807
|
2051
|
1.9500
|
1.6986
|
1.7044
|
1.2877
|
1.3062
|
1.2739
|
1.3223
|
1.2000
|
1.2781
|
2052
|
1.9500
|
1.6975
|
1.7034
|
1.2852
|
1.3035
|
1.2713
|
1.3197
|
1.1977
|
1.2755
|
2053
|
1.9500
|
1.6965
|
1.7024
|
1.2826
|
1.3009
|
1.2688
|
1.3170
|
1.1953
|
1.2729
|
2054
|
1.9500
|
1.6954
|
1.7014
|
1.2801
|
1.2983
|
1.2663
|
1.3144
|
1.1930
|
1.2703
|
2055
|
1.9500
|
1.6943
|
1.7004
|
1.2776
|
1.2957
|
1.2637
|
1.3118
|
1.1907
|
1.2677
|
2056
|
1.9500
|
1.6932
|
1.6994
|
1.2751
|
1.2931
|
1.2612
|
1.3091
|
1.1884
|
1.2651
|
2057
|
1.9500
|
1.6921
|
1.6984
|
1.2726
|
1.2905
|
1.2587
|
1.3065
|
1.1861
|
1.2625
|
2058
|
1.9500
|
1.6910
|
1.6973
|
1.2701
|
1.2880
|
1.2563
|
1.3039
|
1.1838
|
1.2600
|
2059
|
1.9500
|
1.6899
|
1.6963
|
1.2676
|
1.2854
|
1.2538
|
1.3013
|
1.1816
|
1.2574
|
2060
|
1.9500
|
1.6888
|
1.6953
|
1.2651
|
1.2828
|
1.2513
|
1.2987
|
1.1793
|
1.2549
|
2061
|
1.9500
|
1.6877
|
1.6942
|
1.2627
|
1.2803
|
1.2488
|
1.2962
|
1.1771
|
1.2524
|
2062
|
1.9500
|
1.6866
|
1.6932
|
1.2602
|
1.2777
|
1.2464
|
1.2936
|
1.1749
|
1.2498
|
2063
|
1.9500
|
1.6855
|
1.6921
|
1.2578
|
1.2752
|
1.2440
|
1.2910
|
1.1727
|
1.2473
|
2064
|
1.9500
|
1.6843
|
1.6910
|
1.2553
|
1.2727
|
1.2415
|
1.2885
|
1.1704
|
1.2448
|
2065
|
1.9500
|
1.6832
|
1.6900
|
1.2529
|
1.2702
|
1.2391
|
1.2859
|
1.1683
|
1.2423
|
2066
|
1.9500
|
1.6820
|
1.6889
|
1.2505
|
1.2677
|
1.2367
|
1.2834
|
1.1661
|
1.2399
|
2067
|
1.9500
|
1.6809
|
1.6878
|
1.2481
|
1.2652
|
1.2343
|
1.2809
|
1.1639
|
1.2374
|
2068
|
1.9500
|
1.6797
|
1.6867
|
1.2457
|
1.2627
|
1.2319
|
1.2784
|
1.1618
|
1.2349
|
2069
|
1.9500
|
1.6785
|
1.6856
|
1.2433
|
1.2602
|
1.2295
|
1.2758
|
1.1597
|
1.2325
|
2070
|
1.9500
|
1.6773
|
1.6845
|
1.2409
|
1.2578
|
1.2272
|
1.2733
|
1.1575
|
1.2301
|
2071
|
1.9500
|
1.6762
|
1.6834
|
1.2385
|
1.2553
|
1.2248
|
1.2708
|
1.1554
|
1.2276
|
2072
|
1.9500
|
1.6750
|
1.6823
|
1.2362
|
1.2528
|
1.2225
|
1.2683
|
1.1533
|
1.2252
|
2073
|
1.9500
|
1.6738
|
1.6812
|
1.2338
|
1.2504
|
1.2201
|
1.2659
|
1.1513
|
1.2228
|
2074
|
1.9500
|
1.6726
|
1.6801
|
1.2315
|
1.2480
|
1.2178
|
1.2634
|
1.1492
|
1.2204
|
2075
|
1.9500
|
1.6713
|
1.6789
|
1.2291
|
1.2455
|
1.2155
|
1.2609
|
1.1471
|
1.2180
|
2076
|
1.9500
|
1.6701
|
1.6778
|
1.2268
|
1.2431
|
1.2132
|
1.2585
|
1.1451
|
1.2157
|
2077
|
1.9500
|
1.6689
|
1.6766
|
1.2245
|
1.2407
|
1.2109
|
1.2561
|
1.1431
|
1.2133
|
2078
|
1.9500
|
1.6676
|
1.6755
|
1.2222
|
1.2383
|
1.2086
|
1.2536
|
1.1411
|
1.2110
|
2079
|
1.9500
|
1.6664
|
1.6743
|
1.2199
|
1.2360
|
1.2063
|
1.2512
|
1.1390
|
1.2086
|
Equation Parameters from the 2004 Trustees Report Assumptions
t
|
MR9, tTR
|
MR10, tTR
|
MR11, tTR
|
MR12, tTR
|
MR13, tTR
|
MR14, tTR
|
MR15, tTR
|
MR16, tTR
|
MR17, tTR
|
2004
|
1.2537
|
1.0197
|
1.4051
|
1.1711
|
1.5643
|
0.7808
|
0.5897
|
0.0972
|
0.1171
|
2005
|
1.1661
|
0.9759
|
1.2872
|
1.0909
|
1.4114
|
0.7787
|
0.6290
|
0.2320
|
0.2625
|
2006
|
1.0973
|
0.9413
|
1.1944
|
1.0295
|
1.2938
|
0.7799
|
0.6686
|
0.3430
|
0.3855
|
2007
|
1.0429
|
0.9139
|
1.1212
|
0.9820
|
1.2027
|
0.7827
|
0.7054
|
0.4335
|
0.4883
|
2008
|
0.9999
|
0.8920
|
1.0631
|
0.9449
|
1.1316
|
0.7858
|
0.7380
|
0.5070
|
0.5731
|
2009
|
0.9656
|
0.8744
|
1.0169
|
0.9156
|
1.0757
|
0.7887
|
0.7660
|
0.5661
|
0.6425
|
2010
|
0.9382
|
0.8602
|
0.9800
|
0.8923
|
1.0316
|
0.7910
|
0.7895
|
0.6135
|
0.6989
|
2011
|
0.9162
|
0.8486
|
0.9504
|
0.8736
|
0.9965
|
0.7928
|
0.8088
|
0.6513
|
0.7443
|
2012
|
0.8986
|
0.8391
|
0.9267
|
0.8585
|
0.9685
|
0.7940
|
0.8244
|
0.6812
|
0.7807
|
2013
|
0.8843
|
0.8313
|
0.9076
|
0.8462
|
0.9460
|
0.7947
|
0.8369
|
0.7048
|
0.8097
|
2014
|
0.8728
|
0.8248
|
0.8922
|
0.8361
|
0.9278
|
0.7949
|
0.8468
|
0.7232
|
0.8326
|
2015
|
0.8634
|
0.8193
|
0.8797
|
0.8277
|
0.9131
|
0.7947
|
0.8545
|
0.7376
|
0.8507
|
2016
|
0.8557
|
0.8148
|
0.8695
|
0.8207
|
0.9011
|
0.7941
|
0.8603
|
0.7486
|
0.8647
|
2017
|
0.8495
|
0.8109
|
0.8612
|
0.8148
|
0.8912
|
0.7933
|
0.8647
|
0.7570
|
0.8755
|
2018
|
0.8443
|
0.8076
|
0.8544
|
0.8098
|
0.8831
|
0.7922
|
0.8679
|
0.7633
|
0.8837
|
2019
|
0.8400
|
0.8047
|
0.8489
|
0.8055
|
0.8764
|
0.7910
|
0.8700
|
0.7679
|
0.8898
|
2020
|
0.8365
|
0.8022
|
0.8442
|
0.8017
|
0.8708
|
0.7896
|
0.8715
|
0.7712
|
0.8943
|
2021
|
0.8335
|
0.8000
|
0.8404
|
0.7984
|
0.8660
|
0.7882
|
0.8723
|
0.7733
|
0.8974
|
2022
|
0.8309
|
0.7980
|
0.8371
|
0.7955
|
0.8620
|
0.7867
|
0.8726
|
0.7746
|
0.8994
|
2023
|
0.8288
|
0.7962
|
0.8344
|
0.7929
|
0.8585
|
0.7851
|
0.8725
|
0.7753
|
0.9006
|
2024
|
0.8269
|
0.7946
|
0.8320
|
0.7905
|
0.8555
|
0.7834
|
0.8720
|
0.7754
|
0.9011
|
2025
|
0.8253
|
0.7931
|
0.8300
|
0.7883
|
0.8528
|
0.7818
|
0.8714
|
0.7750
|
0.9010
|
2026
|
0.8239
|
0.7918
|
0.8283
|
0.7862
|
0.8505
|
0.7801
|
0.8705
|
0.7744
|
0.9005
|
2027
|
0.8226
|
0.7905
|
0.8267
|
0.7843
|
0.8484
|
0.7784
|
0.8695
|
0.7734
|
0.8997
|
2028
|
0.8195
|
0.7881
|
0.8227
|
0.7809
|
0.8435
|
0.7770
|
0.8705
|
0.7759
|
0.9034
|
2029
|
0.8188
|
0.7872
|
0.8220
|
0.7796
|
0.8423
|
0.7752
|
0.8688
|
0.7738
|
0.9011
|
2030
|
0.8182
|
0.7863
|
0.8213
|
0.7782
|
0.8412
|
0.7735
|
0.8672
|
0.7718
|
0.8989
|
2031
|
0.8176
|
0.7854
|
0.8206
|
0.7768
|
0.8401
|
0.7718
|
0.8655
|
0.7699
|
0.8967
|
2032
|
0.8170
|
0.7844
|
0.8199
|
0.7755
|
0.8390
|
0.7701
|
0.8639
|
0.7679
|
0.8945
|
2033
|
0.8164
|
0.7835
|
0.8192
|
0.7742
|
0.8379
|
0.7684
|
0.8623
|
0.7660
|
0.8924
|
2034
|
0.8158
|
0.7827
|
0.8185
|
0.7729
|
0.8368
|
0.7667
|
0.8608
|
0.7641
|
0.8903
|
2035
|
0.8151
|
0.7818
|
0.8179
|
0.7716
|
0.8358
|
0.7651
|
0.8592
|
0.7622
|
0.8882
|
2036
|
0.8146
|
0.7809
|
0.8172
|
0.7703
|
0.8347
|
0.7635
|
0.8577
|
0.7603
|
0.8861
|
2037
|
0.8140
|
0.7800
|
0.8166
|
0.7690
|
0.8337
|
0.7619
|
0.8562
|
0.7585
|
0.8840
|
2038
|
0.8134
|
0.7792
|
0.8160
|
0.7678
|
0.8326
|
0.7603
|
0.8547
|
0.7567
|
0.8820
|
2039
|
0.8129
|
0.7784
|
0.8153
|
0.7665
|
0.8316
|
0.7587
|
0.8532
|
0.7549
|
0.8800
|
2040
|
0.8123
|
0.7775
|
0.8147
|
0.7653
|
0.8306
|
0.7572
|
0.8517
|
0.7531
|
0.8780
|
2041
|
0.8118
|
0.7767
|
0.8141
|
0.7641
|
0.8296
|
0.7556
|
0.8503
|
0.7513
|
0.8761
|
2042
|
0.8112
|
0.7759
|
0.8135
|
0.7628
|
0.8286
|
0.7541
|
0.8488
|
0.7496
|
0.8741
|
2043
|
0.8107
|
0.7751
|
0.8129
|
0.7617
|
0.8277
|
0.7526
|
0.8474
|
0.7479
|
0.8722
|
2044
|
0.8101
|
0.7743
|
0.8123
|
0.7605
|
0.8267
|
0.7511
|
0.8460
|
0.7462
|
0.8703
|
2045
|
0.8096
|
0.7735
|
0.8117
|
0.7593
|
0.8258
|
0.7496
|
0.8446
|
0.7445
|
0.8684
|
2046
|
0.8091
|
0.7727
|
0.8111
|
0.7582
|
0.8248
|
0.7482
|
0.8432
|
0.7428
|
0.8665
|
2047
|
0.8086
|
0.7719
|
0.8106
|
0.7570
|
0.8239
|
0.7468
|
0.8419
|
0.7412
|
0.8647
|
2048
|
0.8081
|
0.7712
|
0.8100
|
0.7559
|
0.8230
|
0.7453
|
0.8406
|
0.7395
|
0.8629
|
2049
|
0.8076
|
0.7704
|
0.8094
|
0.7548
|
0.8221
|
0.7439
|
0.8392
|
0.7379
|
0.8611
|
2050
|
0.8071
|
0.7697
|
0.8089
|
0.7537
|
0.8212
|
0.7425
|
0.8379
|
0.7363
|
0.8593
|
2051
|
0.8066
|
0.7689
|
0.8083
|
0.7526
|
0.8204
|
0.7412
|
0.8366
|
0.7348
|
0.8576
|
2052
|
0.8061
|
0.7682
|
0.8078
|
0.7515
|
0.8195
|
0.7398
|
0.8354
|
0.7332
|
0.8558
|
2053
|
0.8056
|
0.7675
|
0.8073
|
0.7505
|
0.8186
|
0.7385
|
0.8341
|
0.7317
|
0.8541
|
2054
|
0.8052
|
0.7668
|
0.8068
|
0.7494
|
0.8178
|
0.7371
|
0.8329
|
0.7302
|
0.8524
|
2055
|
0.8047
|
0.7660
|
0.8062
|
0.7484
|
0.8170
|
0.7358
|
0.8316
|
0.7287
|
0.8507
|
2056
|
0.8043
|
0.7653
|
0.8057
|
0.7473
|
0.8161
|
0.7346
|
0.8304
|
0.7272
|
0.8491
|
2057
|
0.8038
|
0.7646
|
0.8052
|
0.7463
|
0.8153
|
0.7332
|
0.8292
|
0.7257
|
0.8474
|
2058
|
0.8034
|
0.7640
|
0.8047
|
0.7453
|
0.8145
|
0.7320
|
0.8280
|
0.7243
|
0.8458
|
2059
|
0.8029
|
0.7633
|
0.8042
|
0.7443
|
0.8137
|
0.7307
|
0.8268
|
0.7228
|
0.8442
|
2060
|
0.8025
|
0.7626
|
0.8037
|
0.7433
|
0.8129
|
0.7295
|
0.8257
|
0.7214
|
0.8426
|
2061
|
0.8020
|
0.7619
|
0.8032
|
0.7423
|
0.8121
|
0.7283
|
0.8245
|
0.7200
|
0.8410
|
2062
|
0.8016
|
0.7613
|
0.8028
|
0.7414
|
0.8114
|
0.7271
|
0.8234
|
0.7186
|
0.8395
|
2063
|
0.8012
|
0.7606
|
0.8023
|
0.7404
|
0.8106
|
0.7258
|
0.8223
|
0.7173
|
0.8379
|
2064
|
0.8008
|
0.7600
|
0.8018
|
0.7395
|
0.8098
|
0.7247
|
0.8211
|
0.7159
|
0.8364
|
2065
|
0.8004
|
0.7593
|
0.8014
|
0.7385
|
0.8091
|
0.7235
|
0.8201
|
0.7146
|
0.8349
|
2066
|
0.7999
|
0.7587
|
0.8009
|
0.7376
|
0.8084
|
0.7224
|
0.8190
|
0.7133
|
0.8334
|
2067
|
0.7995
|
0.7581
|
0.8005
|
0.7367
|
0.8076
|
0.7212
|
0.8179
|
0.7119
|
0.8320
|
2068
|
0.7991
|
0.7575
|
0.8000
|
0.7358
|
0.8069
|
0.7201
|
0.8168
|
0.7106
|
0.8305
|
2069
|
0.7987
|
0.7568
|
0.7996
|
0.7349
|
0.8062
|
0.7190
|
0.8158
|
0.7094
|
0.8291
|
2070
|
0.7984
|
0.7562
|
0.7991
|
0.7340
|
0.8055
|
0.7178
|
0.8147
|
0.7081
|
0.8277
|
2071
|
0.7980
|
0.7556
|
0.7987
|
0.7331
|
0.8048
|
0.7167
|
0.8137
|
0.7069
|
0.8263
|
2072
|
0.7976
|
0.7550
|
0.7983
|
0.7323
|
0.8041
|
0.7156
|
0.8127
|
0.7056
|
0.8249
|
2073
|
0.7972
|
0.7545
|
0.7979
|
0.7314
|
0.8034
|
0.7146
|
0.8117
|
0.7044
|
0.8235
|
2074
|
0.7968
|
0.7539
|
0.7974
|
0.7305
|
0.8028
|
0.7135
|
0.8107
|
0.7032
|
0.8222
|
2075
|
0.7965
|
0.7533
|
0.7970
|
0.7297
|
0.8021
|
0.7125
|
0.8097
|
0.7020
|
0.8208
|
2076
|
0.7961
|
0.7527
|
0.7966
|
0.7289
|
0.8014
|
0.7114
|
0.8088
|
0.7008
|
0.8195
|
2077
|
0.7958
|
0.7521
|
0.7962
|
0.7281
|
0.8008
|
0.7104
|
0.8078
|
0.6997
|
0.8182
|
2078
|
0.7954
|
0.7516
|
0.7958
|
0.7272
|
0.8001
|
0.7094
|
0.8069
|
0.6985
|
0.8169
|
2079
|
0.7950
|
0.7510
|
0.7954
|
0.7264
|
0.7995
|
0.7084
|
0.8059
|
0.6974
|
0.8156
|
Equation Parameters from the 2004 Trustees Report Assumptions
t
|
MR18, tTR
|
MR19, tTR
|
MR20, tTR
|
MR21, tTR
|
MR22, tTR
|
MR23, tTR
|
MR24, tTR
|
MR25, tTR
|
MR26, tTR
|
2004
|
-0.0165
|
0.1965
|
0.5096
|
0.9120
|
1.1420
|
1.7302
|
1.3338
|
1.7585
|
0.9555
|
2005
|
0.1443
|
0.3353
|
0.5679
|
0.9229
|
1.0793
|
1.5762
|
1.2363
|
1.5985
|
0.9336
|
2006
|
0.2764
|
0.4528
|
0.6169
|
0.9365
|
1.0300
|
1.4559
|
1.1587
|
1.4721
|
0.9166
|
2007
|
0.3840
|
0.5509
|
0.6574
|
0.9503
|
0.9909
|
1.3614
|
1.0966
|
1.3718
|
0.9032
|
2008
|
0.4710
|
0.6318
|
0.6904
|
0.9631
|
0.9596
|
1.2867
|
1.0465
|
1.2918
|
0.8923
|
2009
|
0.5410
|
0.6979
|
0.7169
|
0.9740
|
0.9342
|
1.2272
|
1.0060
|
1.2278
|
0.8830
|
2010
|
0.5971
|
0.7515
|
0.7380
|
0.9831
|
0.9134
|
1.1797
|
0.9729
|
1.1762
|
0.8751
|
2011
|
0.6417
|
0.7946
|
0.7546
|
0.9902
|
0.8963
|
1.1413
|
0.9458
|
1.1345
|
0.8681
|
2012
|
0.6771
|
0.8290
|
0.7674
|
0.9955
|
0.8820
|
1.1102
|
0.9234
|
1.1006
|
0.8617
|
2013
|
0.7050
|
0.8563
|
0.7772
|
0.9993
|
0.8699
|
1.0848
|
0.9047
|
1.0728
|
0.8558
|
2014
|
0.7268
|
0.8778
|
0.7845
|
1.0017
|
0.8596
|
1.0639
|
0.8890
|
1.0498
|
0.8503
|
2015
|
0.7438
|
0.8945
|
0.7898
|
1.0029
|
0.8507
|
1.0465
|
0.8756
|
1.0307
|
0.8451
|
2016
|
0.7569
|
0.9074
|
0.7935
|
1.0032
|
0.8429
|
1.0318
|
0.8642
|
1.0146
|
0.8401
|
2017
|
0.7669
|
0.9171
|
0.7958
|
1.0027
|
0.8360
|
1.0195
|
0.8542
|
1.0010
|
0.8352
|
2018
|
0.7743
|
0.9243
|
0.7972
|
1.0015
|
0.8298
|
1.0088
|
0.8455
|
0.9893
|
0.8305
|
2019
|
0.7798
|
0.9295
|
0.7977
|
0.9997
|
0.8243
|
0.9996
|
0.8378
|
0.9791
|
0.8259
|
2020
|
0.7836
|
0.9331
|
0.7975
|
0.9976
|
0.8191
|
0.9915
|
0.8309
|
0.9702
|
0.8215
|
2021
|
0.7862
|
0.9354
|
0.7968
|
0.9951
|
0.8144
|
0.9843
|
0.8246
|
0.9622
|
0.8171
|
2022
|
0.7878
|
0.9366
|
0.7957
|
0.9923
|
0.8100
|
0.9778
|
0.8188
|
0.9551
|
0.8127
|
2023
|
0.7886
|
0.9370
|
0.7943
|
0.9893
|
0.8058
|
0.9719
|
0.8135
|
0.9486
|
0.8085
|
2024
|
0.7887
|
0.9368
|
0.7926
|
0.9861
|
0.8018
|
0.9664
|
0.8085
|
0.9425
|
0.8043
|
2025
|
0.7884
|
0.9360
|
0.7907
|
0.9828
|
0.7980
|
0.9613
|
0.8038
|
0.9369
|
0.8001
|
2026
|
0.7876
|
0.9347
|
0.7887
|
0.9794
|
0.7944
|
0.9565
|
0.7993
|
0.9316
|
0.7960
|
2027
|
0.7865
|
0.9332
|
0.7865
|
0.9759
|
0.7908
|
0.9520
|
0.7950
|
0.9266
|
0.7920
|
2028
|
0.7894
|
0.9362
|
0.7861
|
0.9740
|
0.7863
|
0.9449
|
0.7888
|
0.9189
|
0.7879
|
2029
|
0.7870
|
0.9332
|
0.7835
|
0.9701
|
0.7832
|
0.9412
|
0.7852
|
0.9148
|
0.7839
|
2030
|
0.7847
|
0.9303
|
0.7808
|
0.9663
|
0.7801
|
0.9376
|
0.7817
|
0.9108
|
0.7800
|
2031
|
0.7824
|
0.9275
|
0.7782
|
0.9625
|
0.7771
|
0.9340
|
0.7782
|
0.9069
|
0.7762
|
2032
|
0.7801
|
0.9246
|
0.7756
|
0.9587
|
0.7741
|
0.9304
|
0.7747
|
0.9029
|
0.7723
|
2033
|
0.7778
|
0.9218
|
0.7730
|
0.9550
|
0.7711
|
0.9269
|
0.7713
|
0.8990
|
0.7685
|
2034
|
0.7756
|
0.9190
|
0.7705
|
0.9513
|
0.7682
|
0.9233
|
0.7679
|
0.8951
|
0.7648
|
2035
|
0.7734
|
0.9162
|
0.7680
|
0.9476
|
0.7653
|
0.9198
|
0.7645
|
0.8912
|
0.7610
|
2036
|
0.7711
|
0.9135
|
0.7655
|
0.9440
|
0.7624
|
0.9163
|
0.7612
|
0.8873
|
0.7574
|
2037
|
0.7690
|
0.9108
|
0.7630
|
0.9404
|
0.7596
|
0.9128
|
0.7578
|
0.8835
|
0.7537
|
2038
|
0.7668
|
0.9081
|
0.7606
|
0.9368
|
0.7568
|
0.9093
|
0.7546
|
0.8797
|
0.7501
|
2039
|
0.7647
|
0.9054
|
0.7582
|
0.9333
|
0.7540
|
0.9059
|
0.7513
|
0.8759
|
0.7465
|
2040
|
0.7626
|
0.9028
|
0.7558
|
0.9298
|
0.7513
|
0.9024
|
0.7481
|
0.8721
|
0.7430
|
2041
|
0.7605
|
0.9002
|
0.7535
|
0.9263
|
0.7485
|
0.8990
|
0.7449
|
0.8684
|
0.7395
|
2042
|
0.7585
|
0.8976
|
0.7511
|
0.9229
|
0.7459
|
0.8956
|
0.7418
|
0.8646
|
0.7360
|
2043
|
0.7564
|
0.8951
|
0.7489
|
0.9195
|
0.7432
|
0.8923
|
0.7387
|
0.8610
|
0.7326
|
2044
|
0.7544
|
0.8925
|
0.7466
|
0.9162
|
0.7406
|
0.8889
|
0.7356
|
0.8573
|
0.7292
|
2045
|
0.7524
|
0.8900
|
0.7443
|
0.9128
|
0.7380
|
0.8856
|
0.7325
|
0.8536
|
0.7258
|
2046
|
0.7505
|
0.8876
|
0.7421
|
0.9095
|
0.7354
|
0.8823
|
0.7295
|
0.8500
|
0.7225
|
2047
|
0.7485
|
0.8851
|
0.7399
|
0.9063
|
0.7329
|
0.8790
|
0.7265
|
0.8464
|
0.7192
|
2048
|
0.7466
|
0.8827
|
0.7377
|
0.9030
|
0.7304
|
0.8757
|
0.7235
|
0.8428
|
0.7159
|
2049
|
0.7447
|
0.8803
|
0.7356
|
0.8998
|
0.7279
|
0.8725
|
0.7206
|
0.8392
|
0.7127
|
2050
|
0.7428
|
0.8779
|
0.7335
|
0.8967
|
0.7254
|
0.8692
|
0.7177
|
0.8357
|
0.7095
|
2051
|
0.7410
|
0.8756
|
0.7314
|
0.8935
|
0.7230
|
0.8660
|
0.7148
|
0.8322
|
0.7063
|
2052
|
0.7391
|
0.8733
|
0.7293
|
0.8904
|
0.7206
|
0.8628
|
0.7120
|
0.8287
|
0.7032
|
2053
|
0.7373
|
0.8710
|
0.7273
|
0.8874
|
0.7183
|
0.8596
|
0.7092
|
0.8253
|
0.7002
|
2054
|
0.7355
|
0.8687
|
0.7252
|
0.8843
|
0.7159
|
0.8565
|
0.7064
|
0.8218
|
0.6971
|
2055
|
0.7338
|
0.8665
|
0.7232
|
0.8813
|
0.7136
|
0.8534
|
0.7036
|
0.8184
|
0.6941
|
2056
|
0.7320
|
0.8643
|
0.7213
|
0.8783
|
0.7113
|
0.8503
|
0.7009
|
0.8150
|
0.6911
|
2057
|
0.7303
|
0.8621
|
0.7193
|
0.8754
|
0.7091
|
0.8472
|
0.6982
|
0.8116
|
0.6881
|
2058
|
0.7285
|
0.8599
|
0.7174
|
0.8724
|
0.7068
|
0.8441
|
0.6955
|
0.8083
|
0.6852
|
2059
|
0.7269
|
0.8578
|
0.7155
|
0.8696
|
0.7046
|
0.8410
|
0.6929
|
0.8050
|
0.6823
|
2060
|
0.7252
|
0.8556
|
0.7136
|
0.8667
|
0.7025
|
0.8380
|
0.6903
|
0.8017
|
0.6795
|
2061
|
0.7235
|
0.8535
|
0.7117
|
0.8639
|
0.7003
|
0.8350
|
0.6877
|
0.7984
|
0.6766
|
2062
|
0.7219
|
0.8515
|
0.7099
|
0.8611
|
0.6982
|
0.8320
|
0.6852
|
0.7952
|
0.6738
|
2063
|
0.7203
|
0.8494
|
0.7080
|
0.8583
|
0.6961
|
0.8291
|
0.6826
|
0.7920
|
0.6711
|
2064
|
0.7187
|
0.8474
|
0.7062
|
0.8556
|
0.6940
|
0.8261
|
0.6801
|
0.7887
|
0.6683
|
2065
|
0.7171
|
0.8453
|
0.7045
|
0.8528
|
0.6920
|
0.8232
|
0.6777
|
0.7856
|
0.6656
|
2066
|
0.7155
|
0.8434
|
0.7027
|
0.8502
|
0.6899
|
0.8203
|
0.6752
|
0.7824
|
0.6629
|
2067
|
0.7140
|
0.8414
|
0.7009
|
0.8475
|
0.6879
|
0.8174
|
0.6728
|
0.7793
|
0.6603
|
2068
|
0.7125
|
0.8395
|
0.6992
|
0.8449
|
0.6860
|
0.8145
|
0.6704
|
0.7762
|
0.6577
|
2069
|
0.7110
|
0.8375
|
0.6975
|
0.8423
|
0.6840
|
0.8116
|
0.6680
|
0.7731
|
0.6551
|
2070
|
0.7095
|
0.8356
|
0.6958
|
0.8397
|
0.6821
|
0.8088
|
0.6657
|
0.7700
|
0.6525
|
2071
|
0.7080
|
0.8337
|
0.6942
|
0.8372
|
0.6802
|
0.8060
|
0.6633
|
0.7670
|
0.6500
|
2072
|
0.7065
|
0.8319
|
0.6925
|
0.8347
|
0.6783
|
0.8032
|
0.6610
|
0.7640
|
0.6475
|
2073
|
0.7051
|
0.8300
|
0.6909
|
0.8322
|
0.6764
|
0.8004
|
0.6588
|
0.7610
|
0.6450
|
2074
|
0.7037
|
0.8282
|
0.6893
|
0.8297
|
0.6746
|
0.7977
|
0.6565
|
0.7580
|
0.6426
|
2075
|
0.7023
|
0.8264
|
0.6877
|
0.8273
|
0.6728
|
0.7950
|
0.6543
|
0.7551
|
0.6402
|
2076
|
0.7009
|
0.8246
|
0.6862
|
0.8249
|
0.6710
|
0.7922
|
0.6521
|
0.7522
|
0.6378
|
2077
|
0.6995
|
0.8229
|
0.6846
|
0.8225
|
0.6692
|
0.7895
|
0.6499
|
0.7493
|
0.6355
|
2078
|
0.6982
|
0.8211
|
0.6831
|
0.8201
|
0.6674
|
0.7869
|
0.6478
|
0.7464
|
0.6331
|
2079
|
0.6968
|
0.8194
|
0.6816
|
0.8178
|
0.6657
|
0.7842
|
0.6457
|
0.7436
|
0.6308
|
Equation Parameters from the 2004 Trustees Report Assumptions
t
|
MR27, tTR
|
MR28, tTR
|
MR29, tTR
|
MR30, tTR
|
MR31, tTR
|
MR32, tTR
|
MR33, tTR
|
MR34, tTR
|
MR35, tTR
|
2004
|
1.5425
|
0.6333
|
1.0988
|
0.1406
|
1.1434
|
0.1198
|
0.9292
|
0.0663
|
0.4925
|
2005
|
1.4227
|
0.6763
|
1.0477
|
0.2716
|
1.0847
|
0.2540
|
0.9204
|
0.2200
|
0.5784
|
2006
|
1.3283
|
0.7123
|
1.0088
|
0.3790
|
1.0397
|
0.3654
|
0.9150
|
0.3476
|
0.6485
|
2007
|
1.2536
|
0.7417
|
0.9789
|
0.4664
|
1.0047
|
0.4568
|
0.9115
|
0.4523
|
0.7050
|
2008
|
1.1940
|
0.7654
|
0.9553
|
0.5370
|
0.9772
|
0.5312
|
0.9088
|
0.5376
|
0.7502
|
2009
|
1.1463
|
0.7842
|
0.9366
|
0.5936
|
0.9551
|
0.5912
|
0.9065
|
0.6065
|
0.7861
|
2010
|
1.1077
|
0.7989
|
0.9212
|
0.6386
|
0.9371
|
0.6393
|
0.9042
|
0.6616
|
0.8142
|
2011
|
1.0764
|
0.8100
|
0.9085
|
0.6742
|
0.9222
|
0.6774
|
0.9017
|
0.7054
|
0.8360
|
2012
|
1.0508
|
0.8182
|
0.8978
|
0.7020
|
0.9097
|
0.7073
|
0.8990
|
0.7399
|
0.8526
|
2013
|
1.0296
|
0.8241
|
0.8885
|
0.7236
|
0.8990
|
0.7307
|
0.8960
|
0.7667
|
0.8650
|
2014
|
1.0119
|
0.8280
|
0.8803
|
0.7401
|
0.8896
|
0.7485
|
0.8927
|
0.7873
|
0.8740
|
2015
|
0.9970
|
0.8302
|
0.8730
|
0.7524
|
0.8812
|
0.7620
|
0.8892
|
0.8028
|
0.8802
|
2016
|
0.9843
|
0.8312
|
0.8663
|
0.7615
|
0.8738
|
0.7718
|
0.8854
|
0.8142
|
0.8840
|
2017
|
0.9733
|
0.8312
|
0.8602
|
0.7678
|
0.8669
|
0.7788
|
0.8815
|
0.8223
|
0.8862
|
2018
|
0.9637
|
0.8303
|
0.8544
|
0.7720
|
0.8605
|
0.7835
|
0.8773
|
0.8277
|
0.8868
|
2019
|
0.9552
|
0.8287
|
0.8490
|
0.7745
|
0.8545
|
0.7862
|
0.8731
|
0.8310
|
0.8863
|
2020
|
0.9476
|
0.8266
|
0.8438
|
0.7756
|
0.8488
|
0.7875
|
0.8686
|
0.8324
|
0.8848
|
2021
|
0.9407
|
0.8240
|
0.8388
|
0.7756
|
0.8433
|
0.7875
|
0.8642
|
0.8325
|
0.8825
|
2022
|
0.9343
|
0.8211
|
0.8340
|
0.7747
|
0.8381
|
0.7866
|
0.8596
|
0.8315
|
0.8797
|
2023
|
0.9284
|
0.8180
|
0.8293
|
0.7731
|
0.8330
|
0.7849
|
0.8550
|
0.8296
|
0.8763
|
2024
|
0.9229
|
0.8146
|
0.8247
|
0.7709
|
0.8281
|
0.7826
|
0.8503
|
0.8270
|
0.8726
|
2025
|
0.9176
|
0.8111
|
0.8202
|
0.7683
|
0.8232
|
0.7798
|
0.8456
|
0.8238
|
0.8686
|
2026
|
0.9126
|
0.8074
|
0.8157
|
0.7654
|
0.8185
|
0.7766
|
0.8409
|
0.8201
|
0.8644
|
2027
|
0.9078
|
0.8037
|
0.8114
|
0.7622
|
0.8138
|
0.7731
|
0.8361
|
0.8161
|
0.8599
|
2028
|
0.9012
|
0.8018
|
0.8069
|
0.7631
|
0.8089
|
0.7743
|
0.8323
|
0.8176
|
0.8585
|
2029
|
0.8970
|
0.7976
|
0.8027
|
0.7586
|
0.8045
|
0.7695
|
0.8274
|
0.8120
|
0.8532
|
2030
|
0.8929
|
0.7934
|
0.7985
|
0.7543
|
0.8001
|
0.7647
|
0.8226
|
0.8065
|
0.8480
|
2031
|
0.8888
|
0.7893
|
0.7944
|
0.7500
|
0.7957
|
0.7600
|
0.8178
|
0.8011
|
0.8428
|
2032
|
0.8848
|
0.7852
|
0.7903
|
0.7457
|
0.7913
|
0.7554
|
0.8130
|
0.7957
|
0.8376
|
2033
|
0.8807
|
0.7811
|
0.7862
|
0.7414
|
0.7870
|
0.7507
|
0.8083
|
0.7903
|
0.8325
|
2034
|
0.8767
|
0.7771
|
0.7822
|
0.7373
|
0.7827
|
0.7461
|
0.8035
|
0.7850
|
0.8273
|
2035
|
0.8727
|
0.7732
|
0.7782
|
0.7331
|
0.7785
|
0.7416
|
0.7989
|
0.7798
|
0.8223
|
2036
|
0.8687
|
0.7692
|
0.7743
|
0.7290
|
0.7743
|
0.7371
|
0.7943
|
0.7746
|
0.8173
|
2037
|
0.8648
|
0.7654
|
0.7703
|
0.7249
|
0.7701
|
0.7327
|
0.7897
|
0.7694
|
0.8123
|
2038
|
0.8609
|
0.7615
|
0.7664
|
0.7209
|
0.7659
|
0.7283
|
0.7851
|
0.7643
|
0.8073
|
2039
|
0.8569
|
0.7577
|
0.7625
|
0.7169
|
0.7618
|
0.7239
|
0.7806
|
0.7592
|
0.8024
|
2040
|
0.8531
|
0.7539
|
0.7587
|
0.7130
|
0.7577
|
0.7196
|
0.7761
|
0.7542
|
0.7975
|
2041
|
0.8492
|
0.7502
|
0.7549
|
0.7091
|
0.7537
|
0.7154
|
0.7717
|
0.7493
|
0.7927
|
2042
|
0.8454
|
0.7465
|
0.7511
|
0.7052
|
0.7497
|
0.7111
|
0.7672
|
0.7444
|
0.7878
|
2043
|
0.8416
|
0.7428
|
0.7473
|
0.7014
|
0.7457
|
0.7070
|
0.7629
|
0.7395
|
0.7831
|
2044
|
0.8378
|
0.7392
|
0.7436
|
0.6977
|
0.7417
|
0.7028
|
0.7585
|
0.7347
|
0.7783
|
2045
|
0.8341
|
0.7356
|
0.7399
|
0.6939
|
0.7378
|
0.6987
|
0.7542
|
0.7299
|
0.7737
|
2046
|
0.8304
|
0.7321
|
0.7362
|
0.6902
|
0.7339
|
0.6947
|
0.7499
|
0.7252
|
0.7690
|
2047
|
0.8267
|
0.7285
|
0.7326
|
0.6866
|
0.7301
|
0.6907
|
0.7457
|
0.7205
|
0.7644
|
2048
|
0.8230
|
0.7251
|
0.7290
|
0.6830
|
0.7263
|
0.6867
|
0.7415
|
0.7159
|
0.7598
|
2049
|
0.8194
|
0.7216
|
0.7255
|
0.6794
|
0.7225
|
0.6828
|
0.7373
|
0.7113
|
0.7552
|
2050
|
0.8158
|
0.7182
|
0.7219
|
0.6758
|
0.7187
|
0.6790
|
0.7332
|
0.7068
|
0.7507
|
2051
|
0.8122
|
0.7149
|
0.7184
|
0.6723
|
0.7150
|
0.6751
|
0.7291
|
0.7023
|
0.7462
|
2052
|
0.8086
|
0.7115
|
0.7149
|
0.6689
|
0.7113
|
0.6713
|
0.7250
|
0.6979
|
0.7418
|
2053
|
0.8051
|
0.7082
|
0.7114
|
0.6654
|
0.7076
|
0.6676
|
0.7210
|
0.6935
|
0.7374
|
2054
|
0.8015
|
0.7050
|
0.7080
|
0.6621
|
0.7040
|
0.6639
|
0.7170
|
0.6892
|
0.7330
|
2055
|
0.7981
|
0.7018
|
0.7046
|
0.6587
|
0.7004
|
0.6602
|
0.7131
|
0.6849
|
0.7287
|
2056
|
0.7946
|
0.6985
|
0.7013
|
0.6554
|
0.6969
|
0.6566
|
0.7091
|
0.6807
|
0.7244
|
2057
|
0.7911
|
0.6954
|
0.6979
|
0.6521
|
0.6933
|
0.6530
|
0.7053
|
0.6764
|
0.7201
|
2058
|
0.7877
|
0.6923
|
0.6946
|
0.6489
|
0.6898
|
0.6495
|
0.7014
|
0.6723
|
0.7159
|
2059
|
0.7844
|
0.6892
|
0.6914
|
0.6457
|
0.6864
|
0.6459
|
0.6976
|
0.6682
|
0.7117
|
2060
|
0.7810
|
0.6861
|
0.6881
|
0.6425
|
0.6830
|
0.6425
|
0.6938
|
0.6641
|
0.7075
|
2061
|
0.7777
|
0.6831
|
0.6849
|
0.6394
|
0.6796
|
0.6391
|
0.6900
|
0.6601
|
0.7034
|
2062
|
0.7744
|
0.6802
|
0.6817
|
0.6363
|
0.6762
|
0.6357
|
0.6863
|
0.6561
|
0.6993
|
2063
|
0.7711
|
0.6772
|
0.6785
|
0.6332
|
0.6728
|
0.6323
|
0.6827
|
0.6522
|
0.6953
|
2064
|
0.7678
|
0.6743
|
0.6754
|
0.6302
|
0.6695
|
0.6290
|
0.6790
|
0.6483
|
0.6913
|
2065
|
0.7646
|
0.6714
|
0.6723
|
0.6272
|
0.6662
|
0.6257
|
0.6754
|
0.6445
|
0.6873
|
2066
|
0.7614
|
0.6686
|
0.6692
|
0.6242
|
0.6630
|
0.6225
|
0.6718
|
0.6407
|
0.6834
|
2067
|
0.7582
|
0.6657
|
0.6662
|
0.6213
|
0.6598
|
0.6193
|
0.6683
|
0.6369
|
0.6795
|
2068
|
0.7550
|
0.6629
|
0.6632
|
0.6184
|
0.6566
|
0.6161
|
0.6647
|
0.6332
|
0.6756
|
2069
|
0.7519
|
0.6602
|
0.6602
|
0.6155
|
0.6534
|
0.6130
|
0.6613
|
0.6295
|
0.6718
|
2070
|
0.7488
|
0.6574
|
0.6572
|
0.6127
|
0.6503
|
0.6099
|
0.6578
|
0.6259
|
0.6680
|
2071
|
0.7457
|
0.6548
|
0.6543
|
0.6099
|
0.6472
|
0.6069
|
0.6544
|
0.6223
|
0.6642
|
2072
|
0.7427
|
0.6521
|
0.6513
|
0.6072
|
0.6441
|
0.6039
|
0.6510
|
0.6187
|
0.6605
|
2073
|
0.7396
|
0.6495
|
0.6485
|
0.6044
|
0.6411
|
0.6009
|
0.6477
|
0.6152
|
0.6568
|
2074
|
0.7366
|
0.6469
|
0.6456
|
0.6017
|
0.6381
|
0.5979
|
0.6443
|
0.6118
|
0.6531
|
2075
|
0.7336
|
0.6443
|
0.6428
|
0.5991
|
0.6351
|
0.5950
|
0.6410
|
0.6083
|
0.6495
|
2076
|
0.7307
|
0.6418
|
0.6400
|
0.5964
|
0.6322
|
0.5921
|
0.6378
|
0.6049
|
0.6459
|
2077
|
0.7278
|
0.6392
|
0.6372
|
0.5938
|
0.6292
|
0.5893
|
0.6346
|
0.6016
|
0.6424
|
2078
|
0.7249
|
0.6368
|
0.6345
|
0.5913
|
0.6263
|
0.5865
|
0.6314
|
0.5983
|
0.6389
|
2079
|
0.7220
|
0.6343
|
0.6317
|
0.5887
|
0.6235
|
0.5837
|
0.6282
|
0.5950
|
0.6354
|
Equation Parameters from the 2004 Trustees Report Assumptions
t
|
MR36, tTR
|
MR37, tTR
|
MR38, tTR
|
MR39, tTR
|
MR40, tTR
|
MR41, tTR
|
MR42, tTR
|
IMtTR
|
EMtTR
|
2004
|
-0.0041
|
0.0426
|
-0.0753
|
-0.4091
|
-0.4196
|
-1.4868
|
-1.3316
|
1,033,333
|
258,333
|
2005
|
0.1766
|
0.1738
|
0.0691
|
-0.1827
|
-0.2000
|
-1.0437
|
-0.9210
|
1,000,000
|
250,000
|
2006
|
0.3255
|
0.2810
|
0.1901
|
0.0006
|
-0.0190
|
-0.6872
|
-0.5883
|
966,667
|
241,667
|
2007
|
0.4473
|
0.3681
|
0.2905
|
0.1485
|
0.1293
|
-0.4008
|
-0.3196
|
933,333
|
233,333
|
2008
|
0.5460
|
0.4385
|
0.3728
|
0.2675
|
0.2500
|
-0.1711
|
-0.1031
|
900,000
|
225,000
|
2009
|
0.6255
|
0.4952
|
0.4400
|
0.3629
|
0.3478
|
0.0130
|
0.0709
|
866,667
|
216,667
|
2010
|
0.6891
|
0.5405
|
0.4944
|
0.4393
|
0.4267
|
0.1602
|
0.2106
|
833,333
|
208,333
|
2011
|
0.7395
|
0.5767
|
0.5382
|
0.5002
|
0.4900
|
0.2778
|
0.3223
|
800,000
|
200,000
|
2012
|
0.7792
|
0.6053
|
0.5732
|
0.5486
|
0.5407
|
0.3715
|
0.4116
|
800,000
|
200,000
|
2013
|
0.8100
|
0.6278
|
0.6011
|
0.5869
|
0.5810
|
0.4461
|
0.4828
|
800,000
|
200,000
|
2014
|
0.8337
|
0.6453
|
0.6230
|
0.6170
|
0.6129
|
0.5052
|
0.5393
|
800,000
|
200,000
|
2015
|
0.8516
|
0.6589
|
0.6401
|
0.6406
|
0.6380
|
0.5521
|
0.5840
|
800,000
|
200,000
|
2016
|
0.8648
|
0.6692
|
0.6533
|
0.6590
|
0.6575
|
0.5890
|
0.6193
|
800,000
|
200,000
|
2017
|
0.8742
|
0.6770
|
0.6633
|
0.6731
|
0.6726
|
0.6179
|
0.6469
|
800,000
|
200,000
|
2018
|
0.8804
|
0.6826
|
0.6708
|
0.6838
|
0.6841
|
0.6405
|
0.6685
|
800,000
|
200,000
|
2019
|
0.8843
|
0.6865
|
0.6762
|
0.6918
|
0.6928
|
0.6579
|
0.6851
|
800,000
|
200,000
|
2020
|
0.8861
|
0.6891
|
0.6800
|
0.6976
|
0.6990
|
0.6712
|
0.6978
|
800,000
|
200,000
|
2021
|
0.8863
|
0.6906
|
0.6823
|
0.7016
|
0.7034
|
0.6813
|
0.7073
|
800,000
|
200,000
|
2022
|
0.8852
|
0.6912
|
0.6836
|
0.7042
|
0.7063
|
0.6887
|
0.7142
|
800,000
|
200,000
|
2023
|
0.8831
|
0.6911
|
0.6841
|
0.7056
|
0.7080
|
0.6940
|
0.7192
|
800,000
|
200,000
|
2024
|
0.8802
|
0.6904
|
0.6838
|
0.7062
|
0.7087
|
0.6976
|
0.7224
|
800,000
|
200,000
|
2025
|
0.8767
|
0.6893
|
0.6829
|
0.7060
|
0.7086
|
0.6999
|
0.7244
|
800,000
|
200,000
|
2026
|
0.8726
|
0.6878
|
0.6816
|
0.7053
|
0.7078
|
0.7010
|
0.7254
|
800,000
|
200,000
|
2027
|
0.8681
|
0.6861
|
0.6799
|
0.7040
|
0.7066
|
0.7014
|
0.7255
|
800,000
|
200,000
|
2028
|
0.8698
|
0.6882
|
0.6833
|
0.7089
|
0.7121
|
0.7126
|
0.7362
|
800,000
|
200,000
|
2029
|
0.8635
|
0.6853
|
0.6801
|
0.7057
|
0.7088
|
0.7093
|
0.7329
|
800,000
|
200,000
|
2030
|
0.8573
|
0.6823
|
0.6769
|
0.7026
|
0.7055
|
0.7062
|
0.7296
|
800,000
|
200,000
|
2031
|
0.8511
|
0.6793
|
0.6737
|
0.6995
|
0.7022
|
0.7030
|
0.7262
|
800,000
|
200,000
|
2032
|
0.8450
|
0.6764
|
0.6705
|
0.6964
|
0.6989
|
0.6998
|
0.7229
|
800,000
|
200,000
|
2033
|
0.8390
|
0.6735
|
0.6673
|
0.6933
|
0.6956
|
0.6966
|
0.7196
|
800,000
|
200,000
|
2034
|
0.8329
|
0.6706
|
0.6642
|
0.6903
|
0.6923
|
0.6935
|
0.7163
|
800,000
|
200,000
|
2035
|
0.8269
|
0.6677
|
0.6611
|
0.6872
|
0.6891
|
0.6903
|
0.7131
|
800,000
|
200,000
|
2036
|
0.8210
|
0.6648
|
0.6579
|
0.6842
|
0.6858
|
0.6872
|
0.7098
|
800,000
|
200,000
|
2037
|
0.8152
|
0.6619
|
0.6548
|
0.6811
|
0.6826
|
0.6841
|
0.7065
|
800,000
|
200,000
|
2038
|
0.8093
|
0.6591
|
0.6517
|
0.6781
|
0.6794
|
0.6810
|
0.7033
|
800,000
|
200,000
|
2039
|
0.8036
|
0.6562
|
0.6486
|
0.6751
|
0.6762
|
0.6779
|
0.7000
|
800,000
|
200,000
|
2040
|
0.7979
|
0.6534
|
0.6456
|
0.6721
|
0.6729
|
0.6748
|
0.6968
|
800,000
|
200,000
|
2041
|
0.7922
|
0.6506
|
0.6425
|
0.6691
|
0.6697
|
0.6718
|
0.6936
|
800,000
|
200,000
|
2042
|
0.7866
|
0.6477
|
0.6395
|
0.6661
|
0.6666
|
0.6687
|
0.6904
|
800,000
|
200,000
|
2043
|
0.7810
|
0.6450
|
0.6364
|
0.6632
|
0.6634
|
0.6657
|
0.6871
|
800,000
|
200,000
|
2044
|
0.7755
|
0.6422
|
0.6334
|
0.6602
|
0.6603
|
0.6627
|
0.6839
|
800,000
|
200,000
|
2045
|
0.7700
|
0.6394
|
0.6304
|
0.6573
|
0.6571
|
0.6596
|
0.6808
|
800,000
|
200,000
|
2046
|
0.7646
|
0.6367
|
0.6274
|
0.6544
|
0.6540
|
0.6566
|
0.6776
|
800,000
|
200,000
|
2047
|
0.7593
|
0.6339
|
0.6245
|
0.6515
|
0.6509
|
0.6536
|
0.6744
|
800,000
|
200,000
|
2048
|
0.7539
|
0.6312
|
0.6215
|
0.6486
|
0.6478
|
0.6507
|
0.6713
|
800,000
|
200,000
|
2049
|
0.7487
|
0.6285
|
0.6185
|
0.6457
|
0.6447
|
0.6477
|
0.6681
|
800,000
|
200,000
|
2050
|
0.7435
|
0.6258
|
0.6156
|
0.6428
|
0.6416
|
0.6447
|
0.6650
|
800,000
|
200,000
|
2051
|
0.7383
|
0.6231
|
0.6127
|
0.6400
|
0.6385
|
0.6418
|
0.6619
|
800,000
|
200,000
|
2052
|
0.7332
|
0.6204
|
0.6098
|
0.6371
|
0.6355
|
0.6389
|
0.6588
|
800,000
|
200,000
|
2053
|
0.7281
|
0.6178
|
0.6069
|
0.6343
|
0.6324
|
0.6360
|
0.6557
|
800,000
|
200,000
|
2054
|
0.7231
|
0.6151
|
0.6040
|
0.6315
|
0.6294
|
0.6331
|
0.6526
|
800,000
|
200,000
|
2055
|
0.7182
|
0.6125
|
0.6011
|
0.6287
|
0.6264
|
0.6302
|
0.6495
|
800,000
|
200,000
|
2056
|
0.7133
|
0.6099
|
0.5983
|
0.6259
|
0.6234
|
0.6273
|
0.6464
|
800,000
|
200,000
|
2057
|
0.7084
|
0.6073
|
0.5954
|
0.6231
|
0.6204
|
0.6244
|
0.6434
|
800,000
|
200,000
|
2058
|
0.7036
|
0.6047
|
0.5926
|
0.6204
|
0.6174
|
0.6216
|
0.6403
|
800,000
|
200,000
|
2059
|
0.6988
|
0.6021
|
0.5898
|
0.6176
|
0.6145
|
0.6187
|
0.6373
|
800,000
|
200,000
|
2060
|
0.6941
|
0.5996
|
0.5870
|
0.6149
|
0.6115
|
0.6159
|
0.6343
|
800,000
|
200,000
|
2061
|
0.6895
|
0.5970
|
0.5842
|
0.6122
|
0.6086
|
0.6131
|
0.6313
|
800,000
|
200,000
|
2062
|
0.6848
|
0.5945
|
0.5815
|
0.6095
|
0.6057
|
0.6103
|
0.6283
|
800,000
|
200,000
|
2063
|
0.6803
|
0.5920
|
0.5787
|
0.6068
|
0.6028
|
0.6075
|
0.6253
|
800,000
|
200,000
|
2064
|
0.6757
|
0.5895
|
0.5760
|
0.6041
|
0.5999
|
0.6048
|
0.6223
|
800,000
|
200,000
|
2065
|
0.6713
|
0.5870
|
0.5733
|
0.6015
|
0.5970
|
0.6020
|
0.6194
|
800,000
|
200,000
|
2066
|
0.6668
|
0.5845
|
0.5705
|
0.5988
|
0.5941
|
0.5993
|
0.6164
|
800,000
|
200,000
|
2067
|
0.6625
|
0.5820
|
0.5679
|
0.5962
|
0.5913
|
0.5965
|
0.6135
|
800,000
|
200,000
|
2068
|
0.6581
|
0.5796
|
0.5652
|
0.5935
|
0.5884
|
0.5938
|
0.6106
|
800,000
|
200,000
|
2069
|
0.6538
|
0.5772
|
0.5625
|
0.5909
|
0.5856
|
0.5911
|
0.6077
|
800,000
|
200,000
|
2070
|
0.6496
|
0.5747
|
0.5599
|
0.5884
|
0.5828
|
0.5884
|
0.6048
|
800,000
|
200,000
|
2071
|
0.6454
|
0.5723
|
0.5572
|
0.5858
|
0.5800
|
0.5858
|
0.6019
|
800,000
|
200,000
|
2072
|
0.6413
|
0.5699
|
0.5546
|
0.5832
|
0.5772
|
0.5831
|
0.5990
|
800,000
|
200,000
|
2073
|
0.6372
|
0.5675
|
0.5520
|
0.5806
|
0.5745
|
0.5805
|
0.5962
|
800,000
|
200,000
|
2074
|
0.6331
|
0.5652
|
0.5494
|
0.5781
|
0.5717
|
0.5778
|
0.5933
|
800,000
|
200,000
|
2075
|
0.6291
|
0.5628
|
0.5468
|
0.5756
|
0.5690
|
0.5752
|
0.5905
|
800,000
|
200,000
|
2076
|
0.6252
|
0.5605
|
0.5443
|
0.5731
|
0.5662
|
0.5726
|
0.5877
|
800,000
|
200,000
|
2077
|
0.6212
|
0.5581
|
0.5417
|
0.5706
|
0.5635
|
0.5700
|
0.5849
|
800,000
|
200,000
|
2078
|
0.6174
|
0.5558
|
0.5392
|
0.5681
|
0.5608
|
0.5674
|
0.5821
|
800,000
|
200,000
|
2079
|
0.6135
|
0.5535
|
0.5367
|
0.5656
|
0.5582
|
0.5649
|
0.5793
|
800,000
|
200,000
|
Equation Parameters from the 2004 Trustees Report Assumptions
t
|
ΔΟtTR
|
UtTR
|
ItTR
|
RtTR
|
WtTR
|
DIMtTR
|
DIFtTR
|
DRMtTR
|
DRFtTR
|
2004
|
0
|
-2.8137
|
-3.1669
|
0.0323
|
0.0238
|
5.2575
|
5.2156
|
14.0153
|
11.7905
|
2005
|
0
|
-2.8354
|
-3.1018
|
0.0329
|
0.0275
|
5.2389
|
5.1614
|
14.7945
|
12.2154
|
2006
|
0
|
-2.8334
|
-3.0007
|
0.0317
|
0.0189
|
5.2879
|
5.1323
|
15.9836
|
13.2971
|
2007
|
0
|
-2.8345
|
-2.9096
|
0.0314
|
0.0151
|
5.3314
|
5.1024
|
16.0449
|
13.2619
|
2008
|
0
|
-2.8361
|
-2.8531
|
0.0310
|
0.0137
|
5.3753
|
5.0688
|
17.5710
|
14.4340
|
2009
|
0
|
-2.8361
|
-2.8478
|
0.0307
|
0.0125
|
5.4026
|
5.0187
|
17.7771
|
14.4573
|
2010
|
0
|
-2.8369
|
-2.8454
|
0.0303
|
0.0122
|
5.4279
|
4.9677
|
18.0307
|
14.4862
|
2011
|
0
|
-2.8382
|
-2.8477
|
0.0302
|
0.0119
|
5.4606
|
4.9230
|
18.3203
|
15.8297
|
2012
|
0
|
-2.8391
|
-2.8468
|
0.0300
|
0.0121
|
5.4968
|
4.8817
|
18.6180
|
15.8735
|
2013
|
0
|
-2.8401
|
-2.8483
|
0.0301
|
0.0110
|
5.5336
|
4.8394
|
18.9424
|
15.9427
|
2014
|
-50,000
|
-2.8415
|
-2.8473
|
0.0300
|
0.0109
|
5.5953
|
4.8770
|
18.1460
|
15.2665
|
2015
|
0
|
-2.8430
|
-2.8473
|
0.0300
|
0.0103
|
5.6561
|
4.9157
|
17.3567
|
14.6057
|
2016
|
0
|
-2.8439
|
-2.8473
|
0.0300
|
0.0105
|
5.7185
|
4.9563
|
16.5604
|
13.9452
|
2017
|
0
|
-2.8436
|
-2.8473
|
0.0300
|
0.0104
|
5.7826
|
4.9957
|
15.7101
|
13.2610
|
2018
|
0
|
-2.8423
|
-2.8473
|
0.0300
|
0.0100
|
5.8435
|
5.0321
|
14.8327
|
12.5886
|
2019
|
0
|
-2.8431
|
-2.8473
|
0.0300
|
0.0105
|
5.9027
|
5.0689
|
13.9549
|
11.9400
|
2020
|
0
|
-2.8438
|
-2.8473
|
0.0300
|
0.0108
|
5.9631
|
5.1053
|
13.0818
|
11.3106
|
2021
|
0
|
-2.8449
|
-2.8473
|
0.0300
|
0.0098
|
6.0423
|
5.1523
|
12.1935
|
10.6925
|
2022
|
0
|
-2.8460
|
-2.8473
|
0.0300
|
0.0117
|
6.1223
|
5.2007
|
11.2658
|
10.0499
|
2023
|
0
|
-2.8460
|
-2.8473
|
0.0300
|
0.0111
|
6.2016
|
5.2480
|
10.3280
|
9.4046
|
2024
|
-50,000
|
-2.8461
|
-2.8473
|
0.0300
|
0.0105
|
6.2155
|
5.2538
|
10.3248
|
9.4176
|
2025
|
0
|
-2.8463
|
-2.8473
|
0.0300
|
0.0099
|
6.2282
|
5.2581
|
10.3208
|
9.4420
|
2026
|
0
|
-2.8469
|
-2.8473
|
0.0300
|
0.0097
|
6.2436
|
5.2644
|
10.3084
|
9.4631
|
2027
|
0
|
-2.8476
|
-2.8473
|
0.0300
|
0.0117
|
6.2436
|
5.2648
|
10.2754
|
9.4658
|
2028
|
0
|
-2.8472
|
-2.8473
|
0.0300
|
0.0112
|
6.2453
|
5.2674
|
10.2361
|
9.4581
|
2029
|
0
|
-2.8469
|
-2.8473
|
0.0300
|
0.0106
|
6.2473
|
5.2701
|
10.1971
|
9.4462
|
2030
|
0
|
-2.8468
|
-2.8473
|
0.0300
|
0.0100
|
6.2472
|
5.2707
|
10.1689
|
9.4495
|
2031
|
0
|
-2.8468
|
-2.8473
|
0.0300
|
0.0099
|
6.2462
|
5.2695
|
10.1362
|
9.4432
|
2032
|
0
|
-2.8470
|
-2.8473
|
0.0300
|
0.0117
|
6.2441
|
5.2682
|
10.0944
|
9.4271
|
2033
|
0
|
-2.8468
|
-2.8473
|
0.0300
|
0.0114
|
6.2411
|
5.2652
|
10.0497
|
9.4033
|
2034
|
0
|
-2.8467
|
-2.8473
|
0.0300
|
0.0108
|
6.2385
|
5.2637
|
10.0070
|
9.3877
|
2035
|
0
|
-2.8466
|
-2.8473
|
0.0300
|
0.0101
|
6.2379
|
5.2631
|
9.9843
|
9.3740
|
2036
|
0
|
-2.8466
|
-2.8473
|
0.0300
|
0.0100
|
6.2393
|
5.2639
|
9.9690
|
9.3749
|
2037
|
0
|
-2.8467
|
-2.8473
|
0.0300
|
0.0115
|
6.2435
|
5.2678
|
9.9495
|
9.3648
|
2038
|
0
|
-2.8468
|
-2.8473
|
0.0300
|
0.0114
|
6.2461
|
5.2711
|
9.9275
|
9.3471
|
2039
|
0
|
-2.8470
|
-2.8473
|
0.0300
|
0.0110
|
6.2479
|
5.2732
|
9.9120
|
9.3334
|
2040
|
0
|
-2.8473
|
-2.8473
|
0.0300
|
0.0102
|
6.2483
|
5.2729
|
9.9027
|
9.3281
|
2041
|
0
|
-2.8476
|
-2.8473
|
0.0300
|
0.0099
|
6.2477
|
5.2707
|
9.8982
|
9.3270
|
2042
|
0
|
-2.8480
|
-2.8473
|
0.0300
|
0.0112
|
6.2478
|
5.2703
|
9.8964
|
9.3294
|
2043
|
0
|
-2.8484
|
-2.8473
|
0.0300
|
0.0113
|
6.2469
|
5.2700
|
9.8798
|
9.3134
|
2044
|
0
|
-2.8488
|
-2.8473
|
0.0300
|
0.0111
|
6.2457
|
5.2700
|
9.8694
|
9.3020
|
2045
|
0
|
-2.8492
|
-2.8473
|
0.0300
|
0.0103
|
6.2444
|
5.2702
|
9.8600
|
9.2999
|
2046
|
0
|
-2.8497
|
-2.8473
|
0.0300
|
0.0100
|
6.2436
|
5.2692
|
9.8610
|
9.2958
|
2047
|
0
|
-2.8503
|
-2.8473
|
0.0300
|
0.0111
|
6.2464
|
5.2706
|
9.8674
|
9.3086
|
2048
|
0
|
-2.8507
|
-2.8473
|
0.0300
|
0.0111
|
6.2483
|
5.2723
|
9.8601
|
9.2960
|
2049
|
0
|
-2.8510
|
-2.8473
|
0.0300
|
0.0109
|
6.2500
|
5.2738
|
9.8542
|
9.2902
|
2050
|
0
|
-2.8514
|
-2.8473
|
0.0300
|
0.0101
|
6.2501
|
5.2734
|
9.8488
|
9.2901
|
2051
|
0
|
-2.8517
|
-2.8473
|
0.0300
|
0.0099
|
6.2485
|
5.2717
|
9.8531
|
9.2927
|
2052
|
0
|
-2.8520
|
-2.8473
|
0.0300
|
0.0109
|
6.2496
|
5.2727
|
9.8573
|
9.3020
|
2053
|
0
|
-2.8522
|
-2.8473
|
0.0300
|
0.0110
|
6.2487
|
5.2713
|
9.8520
|
9.2962
|
2054
|
0
|
-2.8524
|
-2.8473
|
0.0300
|
0.0109
|
6.2475
|
5.2705
|
9.8446
|
9.2910
|
2055
|
0
|
-2.8525
|
-2.8473
|
0.0300
|
0.0103
|
6.2455
|
5.2688
|
9.8361
|
9.2859
|
2056
|
0
|
-2.8524
|
-2.8473
|
0.0300
|
0.0100
|
6.2418
|
5.2663
|
9.8389
|
9.2848
|
2057
|
0
|
-2.8524
|
-2.8473
|
0.0300
|
0.0109
|
6.2440
|
5.2679
|
9.8431
|
9.2950
|
2058
|
0
|
-2.8524
|
-2.8473
|
0.0300
|
0.0109
|
6.2455
|
5.2689
|
9.8399
|
9.2920
|
2059
|
0
|
-2.8524
|
-2.8473
|
0.0300
|
0.0107
|
6.2475
|
5.2705
|
9.8363
|
9.2940
|
2060
|
0
|
-2.8524
|
-2.8473
|
0.0300
|
0.0104
|
6.2488
|
5.2722
|
9.8381
|
9.2888
|
2061
|
0
|
-2.8525
|
-2.8473
|
0.0300
|
0.0102
|
6.2479
|
5.2724
|
9.8345
|
9.2894
|
2062
|
0
|
-2.8525
|
-2.8473
|
0.0300
|
0.0109
|
6.2479
|
5.2707
|
9.8385
|
9.2932
|
2063
|
0
|
-2.8525
|
-2.8473
|
0.0300
|
0.0108
|
6.2458
|
5.2684
|
9.8339
|
9.2893
|
2064
|
0
|
-2.8525
|
-2.8473
|
0.0300
|
0.0107
|
6.2438
|
5.2674
|
9.8291
|
9.2872
|
2065
|
0
|
-2.8525
|
-2.8473
|
0.0300
|
0.0106
|
6.2432
|
5.2676
|
9.8275
|
9.2850
|
2066
|
0
|
-2.8524
|
-2.8473
|
0.0300
|
0.0106
|
6.2461
|
5.2696
|
9.8265
|
9.2831
|
2067
|
0
|
-2.8524
|
-2.8473
|
0.0300
|
0.0108
|
6.2458
|
5.2695
|
9.8294
|
9.2862
|
2068
|
0
|
-2.8524
|
-2.8473
|
0.0300
|
0.0107
|
6.2460
|
5.2701
|
9.8294
|
9.2854
|
2069
|
0
|
-2.8525
|
-2.8473
|
0.0300
|
0.0107
|
6.2462
|
5.2705
|
9.8278
|
9.2856
|
2070
|
0
|
-2.8526
|
-2.8473
|
0.0300
|
0.0107
|
6.2465
|
5.2706
|
9.8248
|
9.2845
|
2071
|
0
|
-2.8528
|
-2.8473
|
0.0300
|
0.0107
|
6.2467
|
5.2704
|
9.8257
|
9.2818
|
2072
|
0
|
-2.8529
|
-2.8473
|
0.0300
|
0.0107
|
6.2468
|
5.2705
|
9.8253
|
9.2813
|
2073
|
0
|
-2.8530
|
-2.8473
|
0.0300
|
0.0107
|
6.2469
|
5.2707
|
9.8241
|
9.2838
|
2074
|
0
|
-2.8531
|
-2.8473
|
0.0300
|
0.0107
|
6.2470
|
5.2706
|
9.8218
|
9.2816
|
2075
|
0
|
-2.8532
|
-2.8473
|
0.0300
|
0.0107
|
6.2471
|
5.2707
|
9.8246
|
9.2820
|
2076
|
0
|
-2.8534
|
-2.8473
|
0.0300
|
0.0107
|
6.2471
|
5.2705
|
9.8233
|
9.2802
|
2077
|
0
|
-2.8535
|
-2.8473
|
0.0300
|
0.0107
|
6.2472
|
5.2705
|
9.8214
|
9.2803
|
2078
|
0
|
-2.8536
|
-2.8473
|
0.0300
|
0.0107
|
6.2472
|
5.2704
|
9.8190
|
9.2842
|
2079
|
0
|
-2.8537
|
-2.8473
|
0.0300
|
0.0107
|
6.2474
|
5.2705
|
9.8203
|
9.2839
|