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Stefan Rahmstorf at Potsdam University (March 2007) discusses the IPCC sea level numbers:

You can read the whole analysis here:The IPCC sea level numbers

Excerpt below:
"
What is included in these sea level numbers?

Let us have a look at how these numbers were derived. They are made up of four components: thermal expansion, glaciers and ice caps (those exclude the Greenland and Antarctic ice sheets), ice sheet surface mass balance, and ice sheet dynamical imbalance.

1. Thermal expansion (warmer ocean water takes up more space) is computed from coupled climate models. These include ocean circulation models and can thus estimate where and how fast the surface warming penetrates into the ocean depths.

2. The contribution from glaciers and ice caps (not including Greenland and Antarctica), on the other hand, is computed from a simple empirical formula linking global mean temperature to mass loss (equivalent to a rate of sea level rise), based on observed data from 1963 to 2003. This takes into account that glaciers slowly disappear and therefore stop contributing – the total amount of glacier ice left is actually only enough to raise sea level by 15-37 cm.

3. The contribution from the two major ice sheets is split into two parts. What is called surface mass balance refers simply to snowfall minus surface ablation (ablation is melting plus sublimation). This is computed from an ice sheet surface mass balance model, with the snowfall amounts and temperatures derived from a high-resolution atmospheric circulation model. This is not the same as the coupled models used for the IPCC temperature projections, so results from this model are scaled to mimic different coupled models and different climate scenarios. (A fine point: this surface mass balance does include some “slow” changes in ice flow, but this is a minor contribution.)

4. Finally, there is another way how ice sheets can contribute to sea level rise: rather than melting at the surface, they can start to flow more rapidly. This is in fact increasingly observed around the edges of Greenland and Antarctica in recent years: outlet glaciers and ice streams that drain the ice sheets have greatly accelerated their flow. Numerous processes contribute to this, including the removal of buttressing ice shelves (i.e., ice tongues floating on water but in places anchored on islands or underwater rocks) or the lubrication of the ice sheet base by meltwater trickling down from the surface through cracks. These processes cannot yet be properly modelled, but observations suggest that they have contributed 0 – 0.7 mm/year to sea level rise during the period 1993-2003. The projections in the table given above assume that this contribution simply remains constant until the end of this century."