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

B. NUMBER OF OLD-AGE AND SURVIVORS INSURANCE (OASI) BENEFICIARIES

Table III.B6—Retired and Disabled Workers and Insured Aged Widows and Widowers With Benefits In Force,
Age 60 or Older
as a Percentage of Fully Insured Population
(By age and gender, as of December 31, 1975-2010)
Year
  60-61
  62-64
  65-69
  70-74
  75-79
  80-84
  85-89
  90-94
  95 or
older
  Total
Male
1975
12.2
49.3
96.3
100.0
100.0
100.0
100.0
99.9
99.8
77.4
1980
12.6
53.8
97.0
100.0
100.0
100.0
100.0
100.0
100.1
79.2
1985
11.2
58.9
96.1
100.0
100.0
100.0
100.0
100.0
100.0
80.4
1990
10.5
59.6
95.1
100.0
100.0
100.0
100.0
99.9
99.9
81.6
1991
11.0
59.9
95.3
100.0
100.0
100.0
100.0
100.1
100.1
82.2
1992
11.7
61.4
95.6
100.0
100.0
100.0
100.0
100.0
100.1
83.1
1993
12.1
61.7
95.8
100.0
100.0
100.0
100.0
100.0
99.9
83.5
1994
12.1
64.5
95.7
100.0
100.0
100.0
100.0
100.0
99.9
84.0
1995
12.4
63.5
95.5
100.0
100.0
100.0
100.0
100.0
100.0
83.8
1996
12.5
63.5
95.4
100.0
100.0
100.0
100.0
100.0
100.0
83.9
1997
12.4
61.0
95.4
100.0
100.0
100.0
100.0
99.9
100.0
83.4
1998
12.4
61.7
95.4
100.0
100.0
100.0
100.0
100.0
100.0
83.4
1999
12.4
60.9
95.4
100.0
100.0
100.0
100.0
100.0
100.0
83.0
2000
12.4
61.5
99.0
100.0
100.0
100.0
100.0
100.0
99.9
83.8
2001
12.5
61.3
98.0
100.0
100.0
100.0
100.0
100.0
101.5
83.2
2002
12.4
61.1
97.6
100.0
100.0
100.0
100.0
100.0
101.4
82.4
2003
12.3
60.8
97.2
100.0
100.0
100.0
100.0
100.0
101.2
81.7
2004
12.4
60.5
96.8
100.0
100.0
100.0
100.0
100.0
101.1
81.4
2005
12.4
60.5
96.5
100.0
100.0
100.0
100.0
100.0
100.6
81.4
2006
12.3
60.7
96.2
100.0
100.0
100.0
100.0
100.0
100.6
80.7
2007
12.3
60.8
95.7
100.0
100.0
100.0
100.0
100.0
100.4
79.6
2008
12.4
60.0
95.4
100.0
100.0
100.0
100.0
100.0
100.4
79.2
2009
12.5
59.7
95.6
100.0
100.0
100.0
100.0
100.0
98.5
79.2
2010
12.5
60.5
95.7
100.0
100.0
100.0
100.0
100.0
98.5
79.2
Female
1975
14.7
64.0
94.1
100.0
100.0
100.0
100.0
100.1
99.7
81.4
1980
16.0
68.0
95.0
100.0
100.0
100.0
100.0
100.0
100.1
83.5
1985
14.7
69.8
95.5
100.0
100.0
100.0
100.0
100.0
100.0
84.9
1990
13.6
67.9
95.7
100.0
100.0
100.0
100.0
100.0
100.0
85.9
1991
13.6
67.8
95.8
100.0
100.0
100.0
100.0
100.0
100.0
86.2
1992
14.3
68.9
95.9
100.0
100.0
100.0
100.0
100.0
100.0
86.9
1993
15.2
68.0
95.9
100.0
100.0
100.0
100.0
100.0
100.0
87.1
1994
15.3
70.1
95.4
100.0
100.0
100.0
100.0
100.0
100.0
87.4
1995
15.4
69.9
94.9
100.0
100.0
100.0
100.0
100.0
100.0
87.2
1996
15.6
70.8
94.6
100.0
100.0
100.0
100.0
100.0
100.0
87.4
1997
15.6
68.2
94.8
100.0
100.0
100.0
100.0
100.0
100.0
86.9
1998
15.6
69.0
95.0
100.0
100.0
100.0
100.0
100.0
100.0
86.9
1999
15.7
68.5
95.4
100.0
100.0
100.0
100.0
100.0
100.0
86.7
2000
15.8
69.1
97.3
100.0
100.0
100.0
100.0
100.0
100.0
87.0
2001
15.8
69.4
97.1
100.0
100.0
100.0
100.0
100.0
98.4
86.7
2002
15.7
69.5
97.1
100.0
100.0
100.0
100.0
100.0
97.6
86.1
2003
15.6
69.3
96.8
100.0
100.0
100.0
100.0
100.0
97.6
85.4
2004
15.5
68.8
96.6
100.0
100.0
100.0
100.0
100.0
97.6
85.1
2005
15.4
68.7
96.4
100.0
100.0
100.0
100.0
100.0
97.9
85.0
2006
15.2
68.8
96.2
100.0
100.0
100.0
100.0
100.0
97.8
84.3
2007
15.2
68.8
95.9
100.0
100.0
100.0
100.0
100.0
98.2
83.2
2008
15.4
68.1
95.8
100.0
100.0
100.0
100.0
100.0
98.4
82.8
2009
15.4
67.9
95.8
100.0
100.0
100.0
100.0
100.0
96.7
82.7
2010
15.4
68.5
95.9
100.0
100.0
100.0
100.0
100.0
96.8
82.6
Total
1975
13.3
55.7
95.3
100.0
100.0
100.0
100.0
100.0
99.7
79.2
1980
14.1
60.2
96.1
100.0
100.0
100.0
100.0
100.0
100.1
81.2
1985
12.8
63.8
95.8
100.0
100.0
100.0
100.0
100.0
100.0
82.6
1990
11.9
63.4
95.4
100.0
100.0
100.0
100.0
100.0
100.0
83.7
1991
12.2
63.5
95.5
100.0
100.0
100.0
100.0
100.0
100.0
84.2
1992
12.9
64.8
95.8
100.0
100.0
100.0
100.0
100.0
100.0
85.0
1993
13.5
64.6
95.8
100.0
100.0
100.0
100.0
100.0
100.0
85.3
1994
13.6
67.0
95.6
100.0
100.0
100.0
100.0
100.0
100.0
85.7
1995
13.8
66.4
95.2
100.0
100.0
100.0
100.0
100.0
100.0
85.5
1996
13.9
66.9
95.1
100.0
100.0
100.0
100.0
100.0
100.0
85.6
1997
13.9
64.3
95.1
100.0
100.0
100.0
100.0
100.0
100.0
85.2
1998
13.9
65.1
95.2
100.0
100.0
100.0
100.0
100.0
100.0
85.2
1999
13.9
64.4
95.4
100.0
100.0
100.0
100.0
100.0
100.0
84.9
2000
14.0
65.1
98.2
100.0
100.0
100.0
100.0
100.0
100.0
85.4
2001
14.0
65.1
97.6
100.0
100.0
100.0
100.0
100.0
99.3
84.9
2002
13.9
65.0
97.3
100.0
100.0
100.0
100.0
100.0
98.6
84.3
2003
13.9
64.8
97.0
100.0
100.0
100.0
100.0
100.0
98.5
83.6
2004
13.9
64.5
96.7
100.0
100.0
100.0
100.0
100.0
98.5
83.3
2005
13.8
64.3
96.5
100.0
100.0
100.0
100.0
100.0
98.6
83.2
2006
13.7
64.5
96.2
100.0
100.0
100.0
100.0
100.0
98.5
82.5
2007
13.7
64.6
95.8
100.0
100.0
100.0
100.0
100.0
98.8
81.4
2008
13.8
63.9
95.6
100.0
100.0
100.0
100.0
100.0
98.9
81.0
2009
13.9
63.7
95.7
100.0
100.0
100.0
100.0
100.0
97.1
80.9
2010
13.9
64.4
95.8
100.0
100.0
100.0
100.0
100.0
97.2
80.9

Source: Computed by dividing number in force by insured population.

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


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December 26, 2001