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.E14—Current-Payment Benefits to Aged Spouses of Retired Workers
(Calendar years 1975-2000, and calendar quarters 2001-10)
[Numbers in thousands, amounts in millions]
Calendar
period
Aged wives of retired workers
Aged husbands of retired workers
Total aged spouses 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
2,636.6
$102.72
12.008
$3,252.2
7.4
$94.84
12.032
$8.4
2,643.9
$102.70
12.008
$3,260.6
1976
2,664.5
112.08
12.006
3,585.6
7.1
102.49
12.044
8.7
2,671.5
112.06
12.006
3,594.4
1977
2,692.7
121.25
12.009
3,921.1
11.5
105.04
15.498
18.8
2,704.3
121.18
12.022
3,939.9
1978
2,706.5
130.89
12.068
4,275.2
37.5
103.01
11.809
45.6
2,743.9
130.51
12.065
4,320.8
1979
2,733.8
144.07
12.033
4,739.3
38.7
111.04
12.003
51.6
2,772.5
143.61
12.033
4,790.8
1980
2,752.8
163.76
12.045
5,429.8
39.1
123.94
12.015
58.2
2,791.8
163.20
12.045
5,488.1
1981
2,780.3
187.65
12.026
6,274.2
38.7
138.91
12.033
64.6
2,818.9
186.98
12.026
6,338.8
1982
2,803.9
207.75
12.036
7,011.1
37.9
151.04
12.055
69.0
2,841.8
207.00
12.036
7,080.1
1983
2,851.7
219.24
12.009
7,507.9
37.5
155.68
12.021
70.2
2,889.2
218.41
12.009
7,578.1
1984
2,881.5
230.56
12.007
7,977.0
36.7
160.47
12.033
70.8
2,918.2
229.68
12.007
8,047.8
1985
2,904.0
241.62
12.003
8,422.2
35.9
165.24
12.026
71.3
2,939.9
240.68
12.003
8,493.4
1986
2,925.8
251.38
12.017
8,838.6
34.9
168.84
12.052
70.9
2,960.7
250.41
12.018
8,909.5
1987
2,948.8
256.83
12.009
9,095.4
34.0
169.86
12.029
69.4
2,982.8
255.84
12.010
9,164.8
1988
2,955.5
269.55
12.002
9,561.3
32.9
175.90
12.025
69.6
2,988.4
268.51
12.002
9,630.9
1989
2,959.8
282.29
12.002
10,028.1
32.0
181.40
12.029
69.7
2,991.7
281.21
12.003
10,097.8
1990
2,969.6
297.77
12.009
10,619.1
31.3
188.73
12.016
70.9
3,000.9
296.63
12.009
10,690.0
1991
2,977.6
316.24
12.004
11,303.2
30.6
197.27
12.026
72.5
3,008.2
315.03
12.004
11,375.7
1992
2,986.8
329.93
11.992
11,816.6
30.1
202.71
12.027
73.3
3,016.8
328.66
11.992
11,889.9
1993
2,982.5
341.73
12.001
12,231.0
29.9
207.50
12.027
74.5
3,012.4
340.40
12.001
12,305.5
1994
2,959.9
352.54
12.001
12,522.8
29.7
211.19
12.011
75.4
2,989.6
351.13
12.001
12,598.2
1995
2,932.1
364.29
12.002
12,819.6
29.5
215.78
12.014
76.6
2,961.6
362.81
12.002
12,896.1
1996
2,887.0
375.67
12.011
13,026.5
29.5
220.12
11.994
77.9
2,916.5
374.10
12.010
13,104.4
1997
2,843.5
388.18
12.006
13,252.0
29.5
224.59
11.992
79.6
2,873.1
386.49
12.006
13,331.5
1998
2,794.2
397.82
12.004
13,343.3
29.8
227.88
11.976
81.4
2,824.0
396.02
12.004
13,424.7
1999
2,739.4
404.60
12.011
13,312.2
30.0
229.58
12.001
82.7
2,769.4
402.70
12.011
13,394.9
2000
2,724.2
416.93
11.947
13,569.3
31.4
234.02
11.921
87.7
2,755.6
414.84
11.947
13,656.9
2001-I
2,703.0
433.81
3.000
3,517.8
32.1
242.47
3.000
23.3
2,735.1
431.57
3.000
3,541.1
2001-II
2,697.1
434.31
3.000
3,514.1
31.8
242.20
3.000
23.1
2,728.8
432.07
3.000
3,537.2
2001-III
2,700.0
435.24
3.000
3,525.5
31.6
241.94
3.000
22.9
2,731.6
433.01
3.000
3,548.4
2001-IV
2,696.2
436.61
3.000
3,531.6
31.4
241.68
3.000
22.8
2,727.7
434.37
3.000
3,554.4
2002-I
2,684.2
449.84
3.000
3,622.4
31.2
248.18
3.000
23.2
2,715.4
447.52
3.000
3,645.6
2002-II
2,679.9
450.47
3.000
3,621.6
31.2
247.94
3.000
23.2
2,711.0
448.15
3.000
3,644.8
2002-III
2,684.2
451.55
3.000
3,636.2
31.2
247.70
3.000
23.2
2,715.4
449.21
3.000
3,659.4
2002-IV
2,681.9
453.09
3.000
3,645.4
31.1
247.46
3.000
23.1
2,713.0
450.73
3.000
3,668.5
2003-I
2,671.1
467.33
3.000
3,744.8
30.9
254.39
3.000
23.6
2,702.0
464.90
3.000
3,768.4
2003-II
2,667.3
467.95
3.000
3,744.5
30.8
254.16
3.000
23.5
2,698.1
465.51
3.000
3,768.0
2003-III
2,672.1
469.04
3.000
3,760.0
30.9
253.93
3.000
23.5
2,703.0
466.58
3.000
3,783.5
2003-IV
2,670.2
470.60
3.000
3,769.8
30.8
253.70
3.000
23.4
2,701.0
468.12
3.000
3,793.2
2004-I
2,659.4
485.82
3.000
3,876.0
30.6
261.06
3.000
24.0
2,690.0
483.27
3.000
3,900.0
2004-II
2,654.7
486.42
3.000
3,873.9
30.5
260.80
3.000
23.9
2,685.3
483.86
3.000
3,897.8
2004-III
2,658.6
487.51
3.000
3,888.3
30.5
260.53
3.000
23.9
2,689.2
484.93
3.000
3,912.1
2004-IV
2,655.7
489.08
3.000
3,896.6
30.4
260.27
3.000
23.8
2,686.2
486.49
3.000
3,920.4
2005-I
2,644.1
505.37
3.000
4,008.7
30.3
268.05
3.000
24.3
2,674.4
502.68
3.000
4,033.1
2005-II
2,638.9
506.00
3.000
4,005.8
30.2
267.75
3.000
24.2
2,669.1
503.30
3.000
4,030.0
2005-III
2,642.1
507.13
3.000
4,019.7
30.2
267.45
3.000
24.2
2,672.3
504.42
3.000
4,043.9
2005-IV
2,638.6
508.77
3.000
4,027.4
30.1
267.14
3.000
24.1
2,668.7
506.05
3.000
4,051.5
2006-I
2,627.4
526.24
3.000
4,147.9
29.9
275.39
3.000
24.7
2,657.3
523.42
3.000
4,172.6
2006-II
2,624.2
526.95
3.000
4,148.5
29.8
275.10
3.000
24.6
2,654.0
524.12
3.000
4,173.1
2006-III
2,629.4
528.18
3.000
4,166.5
29.9
274.81
3.000
24.6
2,659.3
525.33
3.000
4,191.1
2006-IV
2,627.8
529.94
3.000
4,177.8
29.8
274.52
3.000
24.5
2,657.6
527.08
3.000
4,202.3
2007-I
2,618.4
548.75
3.000
4,310.6
29.6
283.29
3.000
25.2
2,648.0
545.79
3.000
4,335.8
2007-II
2,617.3
549.63
3.000
4,315.5
29.6
283.01
3.000
25.1
2,646.8
546.65
3.000
4,340.7
2007-III
2,624.4
551.05
3.000
4,338.4
29.6
282.74
3.000
25.1
2,654.0
548.05
3.000
4,363.6
2007-IV
2,624.5
553.02
3.000
4,354.2
29.6
282.47
3.000
25.1
2,654.0
550.01
3.000
4,379.2
2008-I
2,615.8
572.76
3.000
4,494.8
29.4
291.51
3.000
25.7
2,645.3
569.63
3.000
4,520.5
2008-II
2,613.3
573.73
3.000
4,498.0
29.4
291.21
3.000
25.7
2,642.7
570.58
3.000
4,523.7
2008-III
2,619.1
575.26
3.000
4,520.0
29.5
290.92
3.000
25.7
2,648.5
572.10
3.000
4,545.7
2008-IV
2,617.8
577.38
3.000
4,534.4
29.4
290.62
3.000
25.6
2,647.2
574.19
3.000
4,560.0
2009-I
2,607.7
598.06
3.000
4,678.7
29.2
299.90
3.000
26.3
2,637.0
594.76
3.000
4,705.0
2009-II
2,603.5
599.18
3.000
4,679.9
29.2
299.56
3.000
26.2
2,632.7
595.86
3.000
4,706.2
2009-III
2,607.5
600.89
3.000
4,700.6
29.2
299.23
3.000
26.2
2,636.8
597.55
3.000
4,726.8
2009-IV
2,604.5
603.21
3.000
4,713.2
29.1
298.90
3.000
26.1
2,633.7
599.85
3.000
4,739.4
2010-I
2,593.1
624.88
3.000
4,861.1
29.0
308.43
3.000
26.8
2,622.0
621.39
3.000
4,887.9
2010-II
2,588.1
626.01
3.000
4,860.6
28.9
308.11
3.000
26.7
2,617.1
622.49
3.000
4,887.3
2010-III
2,591.4
627.76
3.000
4,880.2
29.0
307.80
3.000
26.8
2,620.3
624.22
3.000
4,907.0
2010-IV
2,587.5
630.14
3.000
4,891.5
28.9
307.48
3.000
26.6
2,616.4
626.58
3.000
4,918.2

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.

Contents Glossary

List of Studies
December 26, 2001