TABLE III.B5.--ESTIMATED AVERAGE BENEFIT AMOUNT PAYABLE 1/ TO RETIRED
          WORKERS WITH VARIOUS STEADY PRE-RETIREMENT EARNINGS LEVELS
          BASED ON INTERMEDIATE ASSUMPTIONS, CALENDAR YEARS 1995-2070
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Year  Age                                                        Percent of
at-    at       Current dollars      Constant 1995 dollars2       earnings
tain  re-  ------------------------ ------------------------ ------------------
age  tire-                    Maxi-                    Maxi-        Aver- Maxi-
65 3/ ment     Low4 Average    mum5     Low4 Average    mum5   Low4   age  mum5
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Retirement at normal retirement age:
1995  65:0   $6,255 $10,322 $14,424   $6,255 $10,322 $14,424   58.2  43.2  23.8
2000  65:0    7,535  12,446  18,092    6,374  10,529  15,305   57.5  42.7  25.4
2005  65:6    9,577  15,820  23,867    6,536  10,797  16,290   56.7  42.2  26.5
2010  66:0   12,413  20,529  32,014    6,828  11,293  17,610   56.2  41.9  27.2
2015  66:0   15,845  26,211  41,586    7,164  11,851  18,802   56.2  41.9  27.7
2020  66:2   20,361  33,672  53,607    7,517  12,432  19,792   56.2  41.8  27.8
2025  67:0   26,993  44,716  71,072    7,928  13,133  20,874   56.0  41.8  27.7
2030  67:0   34,446  57,070  90,685    8,315  13,777  21,891   56.0  41.8  27.7
2035  67:0   43,970  72,842 115,692    8,724  14,453  22,954   56.0  41.8  27.7
2040  67:0   56,118  92,961 147,322    9,152  15,160  24,025   56.0  41.8  27.6
2045  67:0   71,626 118,654 187,836    9,601  15,904  25,177   56.0  41.8  27.6
2050  67:0   91,419 151,439 239,681   10,072  16,684  26,406   56.0  41.8  27.6
2055  67:0  116,679 193,290 305,900   10,566  17,503  27,700   56.0  41.8  27.6
2060  67:0  148,911 246,688 390,421   11,083  18,360  29,058   56.0  41.8  27.6
2065  67:0  190,063 314,858 498,299   11,627  19,261  30,483   56.0  41.8  27.6
2070  67:0  242,570 401,847 635,953   12,196  20,205  31,976   56.0  41.8  27.6
Retirement at age 65:
1995  65:0   $6,255 $10,322 $14,424   $6,255 $10,322 $14,424   58.2  43.2  23.8
2000  65:0    7,535  12,446  18,092    6,374  10,529  15,305   57.5  42.7  25.4
2005  65:0    9,078  14,990  22,623    6,319  10,434  15,746   55.1  41.0  25.7
2010  65:0   11,089  18,325  28,486    6,344  10,484  16,297   52.7  39.2  25.5
2015  65:0   14,159  23,394  37,095    6,658  11,000  17,443   52.8  39.2  26.0
2020  65:0   17,856  29,498  47,028    6,901  11,400  18,176   52.1  38.8  25.8
2025  65:0   21,431  35,386  56,444    6,808  11,241  17,930   49.0  36.4  24.2
2030  65:0   27,343  45,162  72,035    7,139  11,792  18,808   49.0  36.4  24.3
2035  65:0   34,904  57,648  91,889    7,490  12,371  19,719   49.0  36.4  24.2
2040  65:0   44,548  73,576 117,017    7,858  12,978  20,640   49.0  36.4  24.2
2045  65:0   56,865  93,912 149,188    8,244  13,615  21,629   49.0  36.4  24.2
2050  65:0   72,577 119,858 190,376    8,648  14,282  22,685   49.0  36.4  24.2
2055  65:0   92,635 152,968 242,968    9,073  14,982  23,797   49.0  36.4  24.2
2060  65:0  118,221 195,240 310,102    9,517  15,717  24,963   49.0  36.4  24.2
2065  65:0  150,897 249,191 395,791    9,984  16,488  26,188   49.0  36.4  24.2
2070  65:0  192,591 318,036 505,126   10,474  17,296  27,470   49.0  36.4  24.2
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1/ Annual benefit amount is the benefit payable for the 12-month period
starting with the month of retirement.
2/ The adjustment from current to constant dollars is made using the CPI
indexing series shown in table III.B1.
3/ Assumed to attain age 65 in January of the year.
4/ Earnings equal to 45 percent of average.
5/ Earnings equal to the OASDI contribution and benefit base.