Short-Range Actuarial Projections of the Old-Age, Survivors, and Disability Insurance Program, 2001
Actuarial Study No. 115
Chris Motsiopoulos and Tim Zayatz, A.S.A.
 Contents Glossary




 

III. BENEFIT PAYMENTS

E. OLD-AGE AND SURVIVORS INSURANCE BENEFIT PAYMENTS

Table III.E10—Average Monthly Benefit to Disabled Widows and Widowers of Deceased Workers
In Force, Awarded, Terminated, and In Current-Payment Status
(By gender, calendar years 1975-2010)
[Numbers in thousands]
Year
  Benefit
increase
(percent)
In force
beginning of year
Awards
during year
Terminations
during year
In force
end of year
Current-payment status
end of year
  Number
  Average
benefit
  Number
  Average
benefit
  Number
  Ratio to
average
benefit
in force
beginning
of year
  Average
benefit
  Number
  Average
benefit
  Ratio to
average
benefit
in force
end of
year
  Average
benefit
Disabled widows
1975
8.0
92.7
$125.73
23.5
$136.62
6.0
0.7832
$106.35
110.2
$137.58
1.0008
$137.69
1980
14.3
129.7
180.62
15.8
205.40
18.2
1.0373
214.15
127.3
205.22
1.0007
205.35
1985
3.1
109.2
301.52
16.7
308.22
19.0
.9697
301.45
107.0
312.12
1.0143
316.58
1986
1.3
107.0
312.12
18.0
321.01
19.0
.9502
300.44
106.0
319.83
1.0049
321.39
1987
4.2
106.0
319.83
16.3
334.56
17.1
.9935
331.10
105.1
333.81
1.0054
335.61
1988
4.0
105.1
333.81
15.0
351.58
16.8
.9967
346.03
103.3
347.99
1.0057
349.99
1989
4.7
103.3
347.99
14.7
377.83
16.2
.9937
362.05
101.8
366.66
1.0060
368.85
1990
5.4
101.8
366.66
14.9
403.26
15.6
1.0007
386.73
101.2
388.90
1.0062
391.30
1991
3.7
101.2
388.90
28.9
417.64
15.5
.9984
402.63
114.5
407.00
1.0059
409.41
1992
3.0
114.5
407.00
32.4
433.44
15.7
.9954
417.28
131.2
422.95
1.0056
425.30
1993
2.6
131.2
422.95
31.0
434.88
15.5
.9901
429.65
146.7
434.60
1.0054
436.94
1994
2.8
146.7
434.60
29.0
446.37
15.6
.9959
444.93
160.2
446.87
1.0053
449.23
1995
2.6
160.2
446.87
28.7
462.32
16.5
1.0023
459.54
172.4
459.03
1.0054
461.49
1996
2.9
172.4
459.03
27.8
467.57
18.9
.9995
472.11
181.3
471.64
1.0056
474.30
1997
2.1
181.3
471.64
27.7
479.68
21.9
1.0011
482.08
187.0
481.20
1.0055
483.87
1998
1.3
187.0
481.20
28.5
485.20
22.4
.9793
477.36
193.1
488.30
1.0055
490.96
1999
1 2.5
193.1
488.30
28.6
507.12
24.4
.9961
498.04
197.3
501.29
1.0053
503.94
2000
3.5
197.3
501.29
27.0
532.56
24.6
.9945
516.00
199.7
521.04
1.0054
523.83
2001
2.8
199.7
521.04
29.0
556.37
22.4
1.0279
550.56
206.2
536.92
1.0054
539.79
2002
2.9
206.2
536.92
31.3
578.73
26.4
.9902
547.09
211.1
557.06
1.0054
560.04
2003
3.0
211.1
557.06
31.8
607.38
27.1
.9876
566.68
215.9
579.62
1.0054
582.72
2004
3.1
215.9
579.62
33.2
639.87
27.5
.9858
589.09
221.5
604.97
1.0054
608.21
2005
3.2
221.5
604.97
33.2
670.60
28.0
.9775
610.26
226.8
632.85
1.0054
636.24
2006
3.3
226.8
632.85
33.1
704.95
28.4
.9735
636.41
231.5
663.17
1.0054
666.72
2007
3.3
231.5
663.17
31.5
738.98
28.8
.9672
662.56
234.2
695.08
1.0054
698.80
2008
3.3
234.2
695.08
31.7
774.56
29.4
.9650
692.85
236.6
728.73
1.0054
732.63
2009
3.3
236.6
728.73
31.3
812.90
29.9
.9638
725.51
238.0
764.11
1.0054
768.20
2010
3.3
238.0
764.11
31.4
852.31
30.4
.9633
760.39
239.0
801.28
1.0054
805.57
Disabled widowers
1975
8.0
.2
117.77
(2)
132.13
(2)
1.0311
131.15
.2
127.90
.9990
127.77
1980
14.3
.9
134.39
.3
134.80
.1
1.0150
155.92
1.0
148.22
.9816
145.49
1985
3.1
1.3
188.62
.3
180.49
.3
.9538
185.48
1.4
192.75
.9923
191.27
1986
1.3
1.4
192.75
.4
206.56
.2
1.1787
230.14
1.6
193.77
1.0111
195.93
1987
4.2
1.6
193.77
.4
217.98
.3
1.0594
213.91
1.7
203.16
1.0035
203.88
1988
4.0
1.7
203.16
.4
197.23
.3
.9228
194.97
1.7
211.19
1.0003
211.26
1989
4.7
1.7
211.19
.4
236.77
.3
1.0425
230.52
1.8
222.61
1.0044
223.59
1990
5.4
1.8
222.61
.4
261.78
.3
1.0618
249.12
1.8
237.83
1.0025
238.42
1991
3.7
1.8
237.83
.7
272.67
.3
.8961
221.02
2.2
258.56
1.0078
260.56
1992
3.0
2.2
258.56
.8
273.52
.4
.9700
258.32
2.6
269.69
1.0133
273.29
1993
2.6
2.6
269.69
.8
289.50
.3
.8946
247.54
3.1
283.21
1.0107
286.23
1994
2.8
3.1
283.21
.8
299.18
.4
.9392
273.42
3.5
294.81
1.0173
299.90
1995
2.6
3.5
294.81
.8
306.49
.4
1.0227
309.32
4.0
302.67
1.0163
307.59
1996
2.9
4.0
302.67
.8
318.18
.5
1.0179
317.03
4.3
312.12
1.0189
318.01
1997
2.1
4.3
312.12
.8
331.25
.6
.9729
310.03
4.6
322.05
1.0150
326.89
1998
1.3
4.6
322.05
.9
336.35
.6
.9527
310.82
5.0
329.80
1.0095
332.94
1999
1 2.5
5.0
329.80
1.0
348.84
.6
1.0655
359.83
5.4
337.30
1.0088
340.27
2000
3.5
5.4
337.30
1.0
382.42
.7
.9265
323.45
5.6
358.58
1.0086
361.68
2001
2.8
5.6
358.58
1.7
399.51
1.2
1.1072
408.13
6.1
369.47
1.0086
372.66
2002
2.9
6.1
369.47
1.4
415.58
.9
1.0355
393.67
6.7
385.87
1.0086
389.20
2003
3.0
6.7
385.87
1.5
436.15
.9
1.0439
414.88
7.2
403.31
1.0086
406.79
2004
3.1
7.2
403.31
1.7
459.48
1.0
1.0527
437.71
7.9
422.33
1.0086
425.98
2005
3.2
7.9
422.33
1.9
481.54
1.1
1.0492
457.27
8.7
442.94
1.0086
446.77
2006
3.3
8.7
442.94
2.0
506.21
1.2
1.0481
479.58
9.5
465.08
1.0086
469.10
2007
3.3
9.5
465.08
1.9
530.65
1.3
1.0296
494.66
10.0
487.90
1.0086
492.11
2008
3.3
10.0
487.90
1.8
556.19
1.4
1.0228
515.47
10.4
511.41
1.0086
515.83
2009
3.3
10.4
511.41
1.8
583.73
1.5
1.0223
540.09
10.7
535.91
1.0086
540.53
2010
3.3
10.7
535.91
1.9
612.02
1.6
1.0255
567.68
11.0
561.76
1.0086
566.61

1 Benefit increase for 1999 was originally determined as 2.4 percent, but pursuant to Public Law 106-554 is effectively now 2.5 percent.

2 Fewer than 50.

Sources:

· Number in force and number awarded shown earlier.

· Number terminated calculated as in force beginning of year plus awards during year minus in force end of year.

· Average benefit awarded, shown earlier.

· Historical ratio of average terminated benefit to average benefit in force computed by division of corresponding figures where the average benefit in force at the beginning of the year has been adjusted to the end-of-year rate; future ratios projected based on historical trend.

· Historical average terminated benefit computed by dividing (a) number in force at beginning of year times average benefit in force, plus number of awards times average benefit awarded at beginning-of-year rate, minus number in force at end of year times average benefit in force at beginning-of-year rates, by (b) number of terminations. Future average terminated benefit computed by applying applicable ratio to average benefit in force at beginning of year.

· Historical average benefit in force from 1-A Table In Force Supplement. Future average benefit in force at end of year computed by dividing (a) number in force at beginning of year times average benefit in force at end-of-year rate, plus number of awards times average benefit awarded at end-of-year rate, minus number of terminations times average terminated benefit at end of year rate, by (b) number in force at end of year.

· Historical ratio of average benefit in current-payment status to average benefit in force computed by division of corresponding figures; future ratios projected based on historical trend.

· Historical average benefit in current-payment status from 1-A Table Current-Payment Supplement; future average benefit computed by applying applicable ratio to average benefit in force.

Note: Future estimates based on 2001 Trustees Report intermediate set of assumptions.

Contents Glossary

List of Studies
December 26, 2001