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.E27—Non-Current-Payment Benefits to Survivors of Deceased Workers
(Calendar years 1975-2010)
[Amounts in millions]
Year
Non-current-payment benefits to
survivors of deceased workers
Children of
deceased workers
Aged widow(er)s
of deceased workers
Disabled widow(er)s
of deceased workers
Mother and father
beneficiaries
Parents of
deceased workers
  Other than
AERO
  AERO
  Total
  Ratio to
total
amount
  Amount
  Ratio to
total
amount
  Amount
  Ratio to
total
amount
  Amount
  Ratio to
total
amount
  Amount
  Ratio to
total
amount
  Amount
1975
$505.5
$2.1
$507.6
0.6050
$307.1
0.2522
$128.0
0.0486
$24.7
0.0915
$46.5
0.0026
$1.3
1976
510.0
6.6
548.0
.5771
316.2
.2915
159.7
.0319
17.5
.0971
53.2
.0024
1.3
1977
600.0
7.8
646.0
.4545
293.6
.4432
286.3
.0295
19.1
.0686
44.3
.0041
2.6
1978
436.6
7.0
490.6
.5348
262.4
.3478
170.6
.0379
18.6
.0759
37.2
.0036
1.8
1979
359.8
5.3
440.8
.5775
254.6
.3040
134.0
.0388
17.1
.0769
33.9
.0029
1.3
1980
329.1
.5
329.5
.8061
265.7
.0518
17.1
.0507
16.7
.0888
29.2
.0026
.9
1981
483.1
3.0
486.0
.6468
314.4
.2398
116.6
.0361
17.6
.0750
36.5
.0021
1.0
1982
401.7
18.8
420.5
.6716
282.4
.2267
95.3
.0368
15.5
.0635
26.7
.0015
.6
1983
593.8
36.0
629.8
.4691
295.4
.4344
273.6
.0343
21.6
.0607
38.2
.0016
1.0
1984
453.9
18.6
472.5
.5445
257.3
.3308
156.3
.0603
28.5
.0631
29.8
.0013
.6
1985
480.1
15.3
497.5
.4895
243.5
.3944
196.2
.0576
28.7
.0575
28.6
.0009
.5
1986
409.6
9.4
419.0
.5589
234.2
.3023
126.7
.0773
32.4
.0608
25.5
.0007
.3
1987
389.1
8.3
397.4
.5867
233.1
.2804
111.4
.0715
28.4
.0609
24.2
.0005
.2
1988
417.4
57.8
475.2
.6634
315.3
.2051
97.5
.0598
28.4
.0711
33.8
.0005
.2
1989
439.7
30.4
470.1
.6246
293.6
.2439
114.7
.0654
30.7
.0654
30.7
.0007
.3
1990
492.7
22.8
515.5
.5863
302.2
.2877
148.3
.0654
33.7
.0599
30.9
.0007
.4
1991
534.6
23.4
558.1
.5565
310.6
.2544
141.9
.1303
72.7
.0581
32.4
.0008
.4
1992
561.0
15.0
576.1
.5507
317.2
.2467
142.1
.1468
84.6
.0548
31.5
.0011
.6
1993
699.6
17.1
716.7
.5526
396.1
.2214
158.7
.1632
117.0
.0621
44.5
.0007
.5
1994
698.4
14.1
712.4
.5485
390.8
.2228
158.7
.1604
114.3
.0677
48.2
.0006
.4
1995
827.0
20.4
847.4
.4605
390.2
.3510
297.4
.1351
114.5
.0532
45.1
.0002
.2
1996
760.0
17.4
777.4
.5112
397.4
.2982
231.8
.1399
108.8
.0504
39.2
.0003
.3
1997
998.7
16.1
1,014.8
.4655
472.4
.3729
378.5
.1125
114.2
.0486
49.3
.0005
.5
1998
1,071.5
16.8
1,088.3
.4547
494.8
.3920
426.6
.1107
120.5
.0420
45.7
.0007
.7
1999
1,013.3
17.5
1,030.8
.4884
503.5
.3463
357.0
.1152
118.7
.0497
51.2
.0003
.4
2000
1,096.4
22.3
1,110.5
.4918
546.2
.3537
392.7
.1047
116.3
.0496
55.0
.0002
.3
2001
1,035.7
18.6
1,054.3
.4878
514.3
.3470
365.9
.1152
121.5
.0499
52.6
.0000
(1)
2002
1,095.6
19.4
1,115.0
.4878
543.8
.3471
387.0
.1153
128.5
.0499
55.6
.0000
(1)
2003
1,132.1
20.2
1,152.3
.4878
562.1
.3470
399.9
.1153
132.8
.0499
57.5
.0000
(1)
2004
1,188.8
21.0
1,209.9
.4878
590.2
.3471
419.9
.1153
139.5
.0499
60.3
.0000
(1)
2005
1,235.4
21.9
1,257.3
.4878
613.3
.3471
436.4
.1153
144.9
.0499
62.7
.0000
(1)
2006
1,311.0
22.8
1,333.8
.4877
650.5
.3471
463.0
.1153
153.8
.0499
66.5
.0000
(1)
2007
1,409.6
23.8
1,433.4
.4876
699.0
.3472
497.7
.1153
165.3
.0498
71.4
.0000
(1)
2008
1,496.4
24.8
1,521.2
.4875
741.6
.3473
528.2
.1154
175.5
.0498
75.8
.0000
(1)
2009
1,577.7
25.9
1,603.5
.4875
781.7
.3473
556.9
.1154
185.0
.0498
79.9
.0000
(1)
2010
1,632.6
26.9
1,659.5
.4875
809.0
.3473
576.3
.1154
191.5
.0498
82.7
.0000
(1)

1 Less than $50,000.

Sources:

· Non-current-payment benefits other than AERO shown earlier.

· Historical AERO benefits from unpublished monthly report generated at time of AERO computer run; future AERO benefits projected based on historical trend and judgment, taking into account length of time from end of year of earnings to point of recomputation.

· Historical ratios and amounts of non-current-payment benefits by type of beneficiary prepared by the Office of the Chief Actuary. Future ratios projected based on historical trend and judgment. Future amounts computed by applying corresponding ratio to total amount for survivors.

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

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December 26, 2001