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. |
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III. BENEFIT PAYMENTS
E. OLD-AGE AND SURVIVORS INSURANCE BENEFIT PAYMENTS
Table III.E12—Current-Payment Benefits to Retired Workers
(Calendar years 1975-2000, and calendar quarters 2001-10)
[Numbers in thousands, amounts in millions]
Calendar period |
Male retired workers |
Female retired workers |
Total retired workers |
In current-payment status at midpoint of period |
Total current-payment benefits during period |
In current-payment status at midpoint of period |
Total current-payment benefits during period |
In current-payment status at midpoint of period |
Total current-payment benefits during period |
|
|
|
|
|
|
|
|
|
|
|
|
|
8,980.5 |
$216.72 |
11.998 |
$23,351.4 |
7,229.8 |
$173.28 |
12.031 |
$15,071.2 |
16,210.3 |
$197.35 |
12.011 |
$38,422.6 |
|
9,247.6 |
237.19 |
12.028 |
26,382.8 |
7,541.4 |
188.99 |
12.020 |
17,131.7 |
16,788.9 |
215.54 |
12.025 |
43,514.5 |
|
9,512.1 |
257.41 |
12.037 |
29,472.5 |
7,868.2 |
204.29 |
12.030 |
19,336.3 |
17,380.3 |
233.37 |
12.034 |
48,808.8 |
|
9,732.1 |
279.38 |
12.075 |
32,831.7 |
8,191.8 |
220.55 |
12.056 |
21,782.0 |
17,923.9 |
252.50 |
12.067 |
54,613.7 |
|
10,024.2 |
309.04 |
12.023 |
37,247.0 |
8,565.8 |
242.95 |
12.017 |
25,006.8 |
18,590.0 |
278.59 |
12.021 |
62,253.8 |
|
10,278.5 |
352.97 |
12.030 |
43,644.3 |
8,889.1 |
276.16 |
12.028 |
29,526.9 |
19,167.6 |
317.35 |
12.029 |
73,171.1 |
|
10,571.8 |
405.57 |
12.022 |
51,544.9 |
9,220.1 |
315.38 |
12.023 |
34,960.1 |
19,791.9 |
363.56 |
12.022 |
86,505.0 |
|
10,853.5 |
449.62 |
12.030 |
58,707.4 |
9,538.8 |
347.86 |
12.023 |
39,894.8 |
20,392.2 |
402.02 |
12.027 |
98,602.2 |
|
11,194.1 |
473.71 |
12.006 |
63,662.8 |
9,866.2 |
363.98 |
12.009 |
43,125.5 |
21,060.2 |
422.30 |
12.007 |
106,788.3 |
|
11,431.5 |
497.06 |
12.021 |
68,302.5 |
10,156.8 |
380.85 |
12.016 |
46,480.6 |
21,588.3 |
442.39 |
12.019 |
114,783.2 |
|
11,665.3 |
520.02 |
12.021 |
72,919.1 |
10,442.4 |
398.04 |
12.013 |
49,931.5 |
22,107.7 |
462.40 |
12.017 |
122,850.6 |
|
11,920.2 |
540.54 |
12.021 |
77,452.4 |
10,726.7 |
413.54 |
12.012 |
53,284.6 |
22,646.9 |
480.39 |
12.017 |
130,737.1 |
|
12,185.7 |
552.29 |
12.010 |
80,824.8 |
11,009.8 |
422.01 |
12.005 |
55,778.3 |
23,195.5 |
490.45 |
12.008 |
136,603.1 |
|
12,387.8 |
580.00 |
12.003 |
86,242.2 |
11,244.3 |
442.91 |
12.000 |
59,764.5 |
23,632.1 |
514.77 |
12.002 |
146,006.7 |
|
12,591.3 |
607.68 |
12.002 |
91,829.6 |
11,470.0 |
463.95 |
11.999 |
63,854.9 |
24,061.3 |
539.16 |
12.001 |
155,684.4 |
|
12,835.1 |
641.33 |
12.003 |
98,804.3 |
11,713.1 |
489.59 |
11.999 |
68,810.1 |
24,548.2 |
568.93 |
12.001 |
167,614.3 |
|
13,086.0 |
681.14 |
12.000 |
106,959.6 |
11,939.3 |
519.93 |
11.998 |
74,480.9 |
25,025.3 |
604.23 |
11.999 |
181,440.5 |
|
13,327.3 |
711.22 |
11.998 |
113,718.8 |
12,152.9 |
543.04 |
11.998 |
79,178.1 |
25,480.1 |
631.01 |
11.998 |
192,896.9 |
|
13,535.4 |
737.18 |
12.005 |
119,784.0 |
12,344.2 |
563.33 |
12.005 |
83,478.5 |
25,879.6 |
654.26 |
12.005 |
203,262.5 |
|
13,686.3 |
760.98 |
12.006 |
125,039.0 |
12,504.7 |
582.26 |
12.003 |
87,394.8 |
26,191.0 |
675.65 |
12.005 |
212,433.7 |
|
13,829.9 |
786.94 |
12.007 |
130,674.5 |
12,662.7 |
602.87 |
12.005 |
91,643.4 |
26,492.6 |
698.96 |
12.006 |
222,317.8 |
|
13,932.7 |
811.85 |
12.009 |
135,840.1 |
12,789.9 |
623.01 |
12.008 |
95,681.2 |
26,722.7 |
721.47 |
12.009 |
231,521.3 |
|
14,044.9 |
839.87 |
11.999 |
141,534.3 |
12,936.2 |
645.70 |
12.034 |
100,516.8 |
26,981.1 |
746.77 |
12.013 |
242,051.2 |
|
14,139.2 |
862.43 |
11.998 |
146,306.8 |
13,219.1 |
664.42 |
11.994 |
105,346.9 |
27,358.2 |
766.76 |
11.997 |
251,653.7 |
|
14,236.8 |
879.52 |
12.000 |
150,253.2 |
13,360.7 |
678.09 |
11.999 |
108,707.5 |
27,597.5 |
782.00 |
11.999 |
258,960.7 |
|
14,649.0 |
911.64 |
11.912 |
159,084.0 |
13,627.6 |
701.08 |
11.959 |
114,252.4 |
28,276.6 |
810.16 |
11.932 |
273,336.4 |
|
14,767.3 |
951.38 |
3.000 |
42,147.9 |
13,729.3 |
729.91 |
3.000 |
30,063.5 |
28,496.6 |
844.68 |
3.000 |
72,211.4 |
|
14,798.1 |
953.07 |
3.000 |
42,311.0 |
13,767.8 |
731.41 |
3.000 |
30,209.9 |
28,565.9 |
846.24 |
3.000 |
72,520.9 |
|
14,859.1 |
955.06 |
3.000 |
42,573.9 |
13,838.4 |
733.21 |
3.000 |
30,439.3 |
28,697.5 |
848.08 |
3.000 |
73,013.2 |
|
14,893.2 |
957.33 |
3.000 |
42,773.0 |
13,886.1 |
735.15 |
3.000 |
30,625.3 |
28,779.3 |
850.13 |
3.000 |
73,398.2 |
|
14,888.7 |
986.27 |
3.000 |
44,053.2 |
13,889.6 |
757.13 |
3.000 |
31,548.8 |
28,778.3 |
875.68 |
3.000 |
75,602.0 |
|
14,939.8 |
988.32 |
3.000 |
44,295.8 |
13,925.3 |
758.69 |
3.000 |
31,694.9 |
28,865.1 |
877.54 |
3.000 |
75,990.8 |
|
15,013.0 |
990.66 |
3.000 |
44,618.4 |
13,996.6 |
760.55 |
3.000 |
31,935.2 |
29,009.6 |
879.64 |
3.000 |
76,553.6 |
|
15,042.2 |
993.30 |
3.000 |
44,824.2 |
14,051.2 |
762.56 |
3.000 |
32,144.5 |
29,093.3 |
881.86 |
3.000 |
76,968.6 |
|
15,036.1 |
1,024.51 |
3.000 |
46,213.7 |
14,058.4 |
786.13 |
3.000 |
33,155.0 |
29,094.4 |
909.32 |
3.000 |
79,368.8 |
|
15,093.1 |
1,026.59 |
3.000 |
46,483.5 |
14,093.1 |
787.77 |
3.000 |
33,306.6 |
29,186.3 |
911.27 |
3.000 |
79,790.1 |
|
15,169.8 |
1,028.98 |
3.000 |
46,828.2 |
14,165.9 |
789.73 |
3.000 |
33,561.8 |
29,335.6 |
913.45 |
3.000 |
80,390.0 |
|
15,196.2 |
1,031.68 |
3.000 |
47,032.7 |
14,225.4 |
791.85 |
3.000 |
33,793.4 |
29,421.6 |
915.72 |
3.000 |
80,826.1 |
|
15,195.4 |
1,065.07 |
3.000 |
48,552.6 |
14,237.9 |
817.10 |
3.000 |
34,901.5 |
29,433.2 |
945.12 |
3.000 |
83,454.0 |
|
15,275.3 |
1,067.16 |
3.000 |
48,903.5 |
14,279.7 |
818.70 |
3.000 |
35,072.3 |
29,555.0 |
947.11 |
3.000 |
83,975.8 |
|
15,368.6 |
1,069.57 |
3.000 |
49,313.3 |
14,362.1 |
820.62 |
3.000 |
35,357.2 |
29,730.6 |
949.31 |
3.000 |
84,670.5 |
|
15,398.2 |
1,072.30 |
3.000 |
49,534.4 |
14,435.2 |
822.70 |
3.000 |
35,627.5 |
29,833.4 |
951.53 |
3.000 |
85,161.9 |
|
15,403.9 |
1,108.05 |
3.000 |
51,204.6 |
14,458.2 |
849.64 |
3.000 |
36,852.6 |
29,862.0 |
982.93 |
3.000 |
88,057.2 |
|
15,498.6 |
1,110.26 |
3.000 |
51,622.3 |
14,506.5 |
851.17 |
3.000 |
37,042.6 |
30,005.1 |
985.00 |
3.000 |
88,664.9 |
|
15,603.5 |
1,112.80 |
3.000 |
52,091.0 |
14,597.9 |
853.04 |
3.000 |
37,357.8 |
30,201.4 |
987.25 |
3.000 |
89,448.8 |
|
15,637.0 |
1,115.68 |
3.000 |
52,337.8 |
14,683.4 |
855.09 |
3.000 |
37,666.9 |
30,320.5 |
989.48 |
3.000 |
90,004.8 |
|
15,643.3 |
1,154.06 |
3.000 |
54,160.0 |
14,714.4 |
883.87 |
3.000 |
39,016.6 |
30,357.6 |
1,023.10 |
3.000 |
93,176.6 |
|
15,734.0 |
1,156.50 |
3.000 |
54,589.4 |
14,763.8 |
885.48 |
3.000 |
39,219.3 |
30,497.9 |
1,025.30 |
3.000 |
93,808.7 |
|
15,839.5 |
1,159.29 |
3.000 |
55,088.0 |
14,857.7 |
887.45 |
3.000 |
39,556.3 |
30,697.2 |
1,027.72 |
3.000 |
94,644.3 |
|
15,881.4 |
1,162.43 |
3.000 |
55,382.8 |
14,946.9 |
889.60 |
3.000 |
39,890.2 |
30,828.3 |
1,030.15 |
3.000 |
95,273.0 |
|
15,890.3 |
1,203.78 |
3.000 |
57,385.5 |
14,980.9 |
920.46 |
3.000 |
41,367.9 |
30,871.2 |
1,066.29 |
3.000 |
98,753.4 |
|
15,974.8 |
1,206.64 |
3.000 |
57,827.5 |
15,034.6 |
922.19 |
3.000 |
41,594.3 |
31,009.3 |
1,068.73 |
3.000 |
99,421.9 |
|
16,082.3 |
1,209.86 |
3.000 |
58,372.1 |
15,134.2 |
924.30 |
3.000 |
41,965.4 |
31,216.4 |
1,071.42 |
3.000 |
100,337.5 |
|
16,141.2 |
1,213.45 |
3.000 |
58,759.6 |
15,230.6 |
926.59 |
3.000 |
42,337.6 |
31,371.8 |
1,074.18 |
3.000 |
101,097.2 |
|
16,168.2 |
1,256.88 |
3.000 |
60,964.2 |
15,274.7 |
958.74 |
3.000 |
43,933.3 |
31,442.8 |
1,112.04 |
3.000 |
104,897.5 |
|
16,274.7 |
1,260.00 |
3.000 |
61,518.3 |
15,346.6 |
960.45 |
3.000 |
44,219.0 |
31,621.4 |
1,114.62 |
3.000 |
105,737.3 |
|
16,406.2 |
1,263.49 |
3.000 |
62,187.4 |
15,468.6 |
962.54 |
3.000 |
44,667.5 |
31,874.8 |
1,117.44 |
3.000 |
106,854.9 |
|
16,491.1 |
1,267.37 |
3.000 |
62,700.9 |
15,593.5 |
964.83 |
3.000 |
45,135.3 |
32,084.6 |
1,120.33 |
3.000 |
107,836.2 |
|
16,544.6 |
1,312.90 |
3.000 |
65,164.3 |
15,662.8 |
998.20 |
3.000 |
46,903.9 |
32,207.4 |
1,159.86 |
3.000 |
112,068.2 |
|
16,682.1 |
1,316.42 |
3.000 |
65,881.6 |
15,756.9 |
999.85 |
3.000 |
47,263.8 |
32,439.0 |
1,162.65 |
3.000 |
113,145.5 |
|
16,847.5 |
1,320.33 |
3.000 |
66,732.7 |
15,906.5 |
1,001.91 |
3.000 |
47,810.5 |
32,754.0 |
1,165.69 |
3.000 |
114,543.2 |
|
16,970.0 |
1,324.63 |
3.000 |
67,437.2 |
16,067.3 |
1,004.17 |
3.000 |
48,402.8 |
33,037.4 |
1,168.78 |
3.000 |
115,840.0 |
|
17,035.0 |
1,372.37 |
3.000 |
70,135.1 |
16,159.5 |
1,038.83 |
3.000 |
50,361.1 |
33,194.5 |
1,210.00 |
3.000 |
120,496.3 |
|
17,136.0 |
1,375.97 |
3.000 |
70,736.0 |
16,254.8 |
1,040.62 |
3.000 |
50,745.0 |
33,390.8 |
1,212.72 |
3.000 |
121,481.0 |
|
17,290.0 |
1,379.97 |
3.000 |
71,579.2 |
16,407.8 |
1,042.82 |
3.000 |
51,330.9 |
33,697.8 |
1,215.81 |
3.000 |
122,910.2 |
|
17,448.2 |
1,384.40 |
3.000 |
72,465.8 |
16,573.4 |
1,045.23 |
3.000 |
51,969.1 |
34,021.7 |
1,219.17 |
3.000 |
124,434.8 |
Sources:
· Number and average benefit in current-payment status at midpoint of period computed from corresponding figures shown earlier for number and average benefit in current-payment status at end of period.
· Historical rate computed by dividing amount during period by product of number and average benefit in current-payment status at midpoint of period. Future rates projected based on historical trend.
· Historical amount from 1-A Table Current-Payment Supplement; future amounts computed by applying rate to number and average benefit in current-payment status at midpoint of period.
· Total amount computed by addition of male and female amounts.
Note: Future estimates based on 2001 Trustees Report intermediate set of assumptions.
List of Studies
December 26, 2001