TABLE III.D1.--LONG-RANGE ACTUARIAL BALANCES FOR THE OASDI PROGRAM
        AS SHOWN FOR THE INTERMEDIATE ASSUMPTIONS 1/ IN THE TRUSTEES
                     REPORTS ISSUED IN YEARS 1985-1995
                    [As a percentage of taxable payroll]

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                           Summarized    Summarized     Actuarial   Change from
 Year of report           income rate     cost rate       balance previous year
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1985...................         12.94         13.35         -0.41         -0.35
1986...................         12.96         13.40          -.44          -.03
1987...................         12.89         13.51          -.62          -.18
1988...................         12.94         13.52          -.58          +.04
1989...................         13.02         13.72          -.70          -.13

1990...................         13.04         13.95          -.91          -.21
1991...................         13.11         14.19         -1.08          -.17
1992...................         13.16         14.63         -1.46          -.38
1993...................         13.21         14.67         -1.46          -.00
1994...................         13.24         15.37         -2.13          -.66 

1995...................         13.27         15.44         -2.17          -.04
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1/ Values shown are based on the intermediate alternative II assumptions for
1991-95, and on the intermediate alternative II-B assumptions for 1985-90.

Note: Totals do not necessarily equal the sums of rounded components.