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.E16—Current-Payment Benefits to Children of Retired Workers
(Calendar years 1975-2000, and calendar quarters 2001-10)
[Numbers in thousands, amounts in millions]
Calendar
period
Minor children of retired workers
Disabled children of retired workers
Student children of 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
  Number
  Average
benefit
  Rate
  Amount
  Number
  Average
benefit
  Rate
  Amount
  Number
  Average
benefit
  Rate
  Amount
1975
379.3
$61.41
12.705
$295.9
114.7
$91.67
12.535
$131.8
114.8
$100.73
13.368
$154.6
1976
395.9
68.42
12.154
329.2
123.1
100.27
12.073
149.1
133.1
111.47
13.001
193.0
1977
398.2
72.52
11.868
342.7
125.4
107.15
11.958
160.7
145.7
117.60
11.860
203.3
1978
380.2
82.67
12.305
386.7
130.8
116.92
12.022
183.9
146.3
131.51
12.220
235.1
1979
370.6
92.03
12.135
413.9
135.3
129.93
12.098
212.7
141.2
147.20
12.443
258.6
1980
358.2
105.93
12.098
459.0
138.4
148.70
12.118
249.3
138.1
169.67
12.737
298.5
1981
345.8
122.64
12.082
512.4
141.1
171.19
12.102
292.4
150.6
196.12
12.124
358.0
1982
328.7
138.82
12.115
552.9
143.1
190.69
12.079
329.6
49.1
199.82
24.474
240.4
1983
317.2
150.42
12.019
573.5
146.0
201.12
12.092
355.1
26.6
180.64
26.552
127.5
1984
302.0
163.99
12.055
597.1
149.8
212.12
12.099
384.6
25.5
171.98
17.430
76.6
1985
290.6
171.53
12.030
599.7
154.1
222.90
12.097
415.6
21.1
199.94
11.928
50.4
1986
280.0
178.96
12.022
602.3
158.6
232.77
12.097
446.5
21.5
235.44
9.436
47.8
1987
270.1
183.95
11.996
596.0
163.4
238.80
12.074
471.2
21.4
244.08
9.369
48.9
1988
257.3
193.35
11.989
596.4
166.9
251.85
12.038
505.9
20.6
257.04
9.187
48.7
1989
244.4
202.98
11.997
595.3
168.8
265.09
12.039
538.6
19.5
270.57
9.028
47.7
1990
238.5
214.94
11.975
613.7
171.3
281.07
12.048
580.2
18.8
284.58
9.326
50.0
1991
236.8
229.86
11.957
650.9
174.5
299.91
12.050
630.6
17.0
299.53
9.742
49.6
1992
238.8
242.32
11.937
690.7
178.5
314.46
12.023
675.0
16.3
310.89
9.956
50.4
1993
239.5
253.94
11.985
728.8
182.5
327.66
12.022
719.0
16.9
323.09
9.609
52.4
1994
241.9
264.78
11.949
765.2
185.5
339.56
12.018
757.1
16.5
334.61
9.536
52.7
1995
242.4
276.77
11.969
802.9
187.6
352.66
12.021
795.2
16.2
350.30
9.577
54.3
1996
243.3
291.48
11.956
847.9
188.6
365.60
12.020
828.8
14.9
363.17
10.770
58.2
1997
242.6
305.43
11.945
885.0
189.3
379.98
12.006
863.8
14.7
376.88
10.187
56.6
1998
239.9
317.18
11.963
910.3
189.3
391.74
12.005
890.4
15.0
391.07
10.121
59.2
1999
240.5
327.52
11.950
941.2
189.1
400.97
12.012
910.7
14.3
401.58
9.975
57.3
2000
252.4
344.78
11.820
1,028.7
190.6
415.80
11.983
949.6
14.5
423.14
10.099
61.8
2001-I
255.8
363.45
3.000
278.9
191.2
434.16
3.000
249.0
13.3
445.22
3.000
17.7
2001-II
259.7
363.87
3.000
283.5
191.4
435.55
3.000
250.1
17.5
447.51
3.000
23.5
2001-III
263.1
366.86
3.000
289.5
192.3
436.93
3.000
252.0
8.7
441.84
3.000
11.5
2001-IV
262.8
368.76
3.000
290.8
192.5
438.32
3.000
253.1
8.9
434.00
3.000
11.6
2002-I
261.1
379.94
3.000
297.6
192.2
452.08
3.000
260.6
12.9
453.20
3.000
17.5
2002-II
264.9
380.52
3.000
302.4
192.3
453.68
3.000
261.7
17.2
457.48
3.000
23.6
2002-III
268.1
383.77
3.000
308.7
193.0
455.29
3.000
263.6
8.6
453.61
3.000
11.7
2002-IV
267.7
385.88
3.000
309.9
193.1
456.90
3.000
264.7
8.9
447.46
3.000
11.9
2003-I
265.7
398.05
3.000
317.3
192.7
471.81
3.000
272.7
13.0
469.21
3.000
18.3
2003-II
269.4
398.65
3.000
322.2
192.7
473.51
3.000
273.8
17.4
474.11
3.000
24.7
2003-III
272.5
402.06
3.000
328.7
193.4
475.20
3.000
275.7
8.7
470.58
3.000
12.3
2003-IV
271.9
404.27
3.000
329.7
193.4
476.90
3.000
276.8
9.0
464.66
3.000
12.6
2004-I
269.7
417.42
3.000
337.7
192.9
492.96
3.000
285.3
13.2
488.08
3.000
19.3
2004-II
273.3
418.03
3.000
342.7
192.9
494.73
3.000
286.3
17.6
493.30
3.000
26.0
2004-III
276.2
421.57
3.000
349.3
193.4
496.49
3.000
288.1
8.8
489.72
3.000
12.9
2004-IV
275.4
423.86
3.000
350.2
193.4
498.26
3.000
289.1
9.1
483.67
3.000
13.2
2005-I
273.0
438.06
3.000
358.8
192.8
515.55
3.000
298.2
13.2
508.63
3.000
20.2
2005-II
276.5
438.71
3.000
363.9
192.7
517.45
3.000
299.2
17.7
514.12
3.000
27.3
2005-III
279.4
442.44
3.000
370.9
193.2
519.35
3.000
301.1
8.8
510.45
3.000
13.6
2005-IV
278.5
444.86
3.000
371.6
193.2
521.25
3.000
302.1
9.1
504.19
3.000
13.8
2006-I
275.9
460.02
3.000
380.7
192.5
539.95
3.000
311.8
13.4
530.75
3.000
21.3
2006-II
279.1
460.10
3.000
385.3
192.3
542.06
3.000
312.8
17.9
536.42
3.000
28.8
2006-III
281.7
463.41
3.000
391.7
192.8
544.18
3.000
314.7
9.0
532.54
3.000
14.3
2006-IV
280.5
465.34
3.000
391.5
192.7
546.29
3.000
315.7
9.3
525.97
3.000
14.7
2007-I
277.5
481.18
3.000
400.6
191.9
566.59
3.000
326.2
13.6
554.18
3.000
22.7
2007-II
280.4
481.02
3.000
404.6
191.7
569.02
3.000
327.3
18.3
560.11
3.000
30.8
2007-III
282.7
484.24
3.000
410.6
192.1
571.45
3.000
329.4
9.2
556.07
3.000
15.3
2007-IV
281.0
486.01
3.000
409.7
192.0
573.89
3.000
330.5
9.5
549.21
3.000
15.7
2008-I
277.7
502.40
3.000
418.6
191.2
595.39
3.000
341.6
14.0
578.68
3.000
24.4
2008-II
280.2
502.29
3.000
422.3
191.0
598.05
3.000
342.7
18.8
584.90
3.000
33.0
2008-III
282.1
505.70
3.000
427.9
191.4
600.72
3.000
344.9
9.4
580.70
3.000
16.4
2008-IV
280.1
507.61
3.000
426.5
191.2
603.38
3.000
346.1
9.8
573.57
3.000
16.8
2009-I
276.5
524.80
3.000
435.3
190.4
626.12
3.000
357.7
14.3
604.42
3.000
25.9
2009-II
279.0
524.78
3.000
439.2
190.2
629.08
3.000
359.0
19.1
611.08
3.000
35.0
2009-III
280.8
528.45
3.000
445.1
190.6
632.04
3.000
361.4
9.5
606.86
3.000
17.3
2009-IV
278.7
530.54
3.000
443.6
190.4
635.00
3.000
362.7
9.8
599.56
3.000
17.7
2010-I
275.2
548.57
3.000
452.8
189.6
658.67
3.000
374.6
14.3
631.92
3.000
27.1
2010-II
277.6
548.52
3.000
456.9
189.4
660.66
3.000
375.3
19.0
638.88
3.000
36.5
2010-III
279.5
552.32
3.000
463.1
189.7
662.66
3.000
377.2
9.5
634.46
3.000
18.0
2010-IV
277.5
554.48
3.000
461.6
189.5
664.66
3.000
377.9
9.7
626.82
3.000
18.3

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.

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

Contents Glossary

List of Studies
December 26, 2001