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.
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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|
| Year 1 |
Components of principal amount of transfer to Railroad Retirement program |
Accumu- lation factor |
Transfer to Railroad Retirement program |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|
Benefit payments |
Adminis- trative expenses |
Payroll taxes |
Military service adjustment |
Benefit taxes 2 |
Interest |
Total principal |
Amount |
Date paid |
||
| OASI |
||||||||||
| $1,726.3 |
$19.5 |
$635.1 |
... |
... |
$89.8 |
$1,144.8 |
1.0590 |
$1,212.3 |
June 1, 1976 |
|
| 1,769.8 |
14.2 |
682.3 |
... |
... |
106.4 |
1,140.7 |
1.0588 |
1,207.8 |
June 1, 1977 |
|
| 2,387.6 |
19.4 |
937.6 |
... |
... |
122.4 |
1,524.7 |
1.0420 |
1,588.7 |
June 1, 1978 |
|
| 2,057.0 |
16.3 |
771.5 |
... |
... |
146.5 |
1,384.3 |
1.0457 |
1,447.5 |
June 1, 1979 |
|
| 2,223.1 |
16.3 |
927.7 |
... |
... |
121.0 |
1,369.5 |
1.0529 |
1,442.0 |
June 1, 1980 |
|
| 2,493.7 |
19.4 |
1,060.2 |
... |
... |
110.7 |
1,491.1 |
1.0629 |
1,584.9 |
June 1, 1981 |
|
| 2,790.0 |
14.4 |
1,165.2 |
... |
... |
128.5 |
1,673.9 |
1.0713 |
1,793.3 |
June 1, 1982 |
|
| 3,101.3 |
11.8 |
1,109.8 |
... |
... |
204.0 |
2,087.9 |
1.0780 |
2,250.8 |
June 1, 1983 |
|
| 3,278.1 |
10.2 |
1,126.1 |
... |
... |
246.8 |
2,246.1 |
1.0703 |
2,404.0 |
June 1, 1984 |
|
| 3,325.8 |
21.9 |
1,292.4 |
... |
$40.7 |
297.3 |
2,154.0 |
1.0725 |
2,310.2 |
June 1, 1985 |
|
| 3,457.4 |
22.7 |
1,255.4 |
... |
62.4 |
408.8 |
2,414.9 |
1.0705 |
2,585.1 |
June 1, 1986 |
|
| 3,554.4 |
24.4 |
1,214.9 |
... |
62.9 |
269.4 |
2,400.2 |
1.0655 |
2,557.3 |
June 1, 1987 |
|
| 3,685.1 |
20.0 |
1,200.1 |
... |
-3.8 |
269.4 |
2,635.0 |
1.0588 |
2,790.0 |
June 1, 1988 |
|
| 3,818.3 |
19.6 |
1,298.2 |
... |
4.6 |
309.5 |
2,689.6 |
1.0579 |
2,845.3 |
June 1, 1989 |
|
| 3,940.0 |
24.3 |
1,278.4 |
... |
19.6 |
288.2 |
2,798.8 |
1.0609 |
2,969.3 |
June 1, 1990 |
|
| 4,202.8 |
17.4 |
1,277.7 |
... |
40.6 |
452.7 |
3,184.1 |
1.0598 |
3,374.6 |
June 1, 1991 |
|
| 4,231.3 |
17.7 |
1,300.9 |
... |
35.7 |
258.6 |
2,980.6 |
1.0563 |
3,148.4 |
June 1, 1992 |
|
| 4,488.3 |
19.0 |
1,328.7 |
... |
50.9 |
229.4 |
3,189.3 |
1.0512 |
3,352.5 |
June 1, 1993 |
|
| 4,535.5 |
19.4 |
1,379.8 |
... |
55.0 |
309.2 |
3,266.1 |
1.0470 |
3,419.6 |
June 1, 1994 |
|
| 4,931.6 |
17.9 |
1,255.1 |
... |
57.8 |
396.7 |
3,879.8 |
1.0445 |
4,052.3 |
June 1, 1995 |
|
| 4,638.4 |
17.0 |
1,270.3 |
$51.2 |
46.9 |
276.5 |
3,391.0 |
1.0481 |
3,554.1 |
June 1, 1996 |
|
| 4,712.2 |
14.8 |
1,290.8 |
... |
44.3 |
296.6 |
3,525.4 |
1.0461 |
3,688.1 |
June 1, 1997 |
|
| 4,772.5 |
17.4 |
1,340.5 |
... |
54.7 |
268.7 |
3,500.7 |
1.0461 |
3,662.2 |
June 1, 1998 |
|
| 4,829.4 |
15.8 |
1,366.9 |
... |
56.7 |
261.7 |
3,521.8 |
1.0453 |
3,681.4 |
June 1, 1999 |
|
| 4,815.8 |
12.5 |
1,440.0 |
... |
96.2 |
257.6 |
3,390.1 |
1.0437 |
3,538.2 |
June 1, 2000 |
|
| 4,849.8 |
14.3 |
1,419.5 |
346.2 |
137.7 |
278.3 |
3,090.9 |
1.0440 |
3,226.8 |
June 1, 2001 |
|
| 4,903.2 |
14.5 |
1,486.6 |
... |
103.1 |
257.4 |
3,451.0 |
1.0413 |
3,593.5 |
June 1, 2002 |
|
| 4,943.8 |
14.7 |
1,526.4 |
... |
111.0 |
267.4 |
3,446.0 |
1.0411 |
3,587.7 |
June 1, 2003 |
|
| 4,984.4 |
14.9 |
1,559.7 |
... |
120.8 |
260.7 |
3,437.9 |
1.0412 |
3,579.4 |
June 1, 2004 |
|
| 5,028.7 |
15.1 |
1,591.9 |
... |
130.6 |
255.3 |
3,435.1 |
1.0411 |
3,576.3 |
June 1, 2005 |
|
| 5,091.0 |
15.3 |
1,623.4 |
171.9 |
140.4 |
257.6 |
3,287.1 |
1.0411 |
3,422.2 |
June 1, 2006 |
|
| 5,161.7 |
15.5 |
1,654.4 |
... |
148.4 |
244.4 |
3,483.7 |
1.0414 |
3,628.0 |
June 1, 2007 |
|
| 5,239.3 |
15.7 |
1,683.6 |
... |
154.7 |
251.9 |
3,524.3 |
1.0412 |
3,669.5 |
June 1, 2008 |
|
| 5,350.8 |
15.9 |
1,707.6 |
... |
163.0 |
255.0 |
3,606.0 |
1.0411 |
3,754.2 |
June 1, 2009 |
|
| 5,473.4 |
16.1 |
1,732.7 |
... |
171.4 |
259.8 |
3,696.9 |
1.0411 |
3,848.9 |
June 1, 2010 |
|
| 5,622.6 |
16.4 |
1,766.2 |
208.8 |
181.2 |
272.4 |
3,603.3 |
1.0411 |
3,751.4 |
June 1, 2011 |
|
| DI |
||||||||||
| 104.7 |
2.8 |
83.6 |
... |
... |
2.6 |
24.9 |
1.0602 |
26.4 |
June 1, 1976 |
|
| 87.3 |
.9 |
89.7 |
... |
... |
2.7 |
-.3 |
1.0000 |
-.3 |
June 1, 1977 |
|
| 147.3 |
2.3 |
123.2 |
... |
... |
2.2 |
28.6 |
1.0420 |
29.8 |
June 1, 1978 |
|
| 154.7 |
.1 |
131.1 |
... |
... |
6.1 |
28.6 |
1.0455 |
29.9 |
June 1, 1979 |
|
| 148.1 |
2.0 |
162.2 |
... |
... |
1.9 |
-11.5 |
1.0522 |
-12.1 |
June 1, 1980 |
|
| 168.1 |
2.2 |
144.6 |
... |
... |
1.5 |
27.7 |
1.0614 |
29.4 |
June 1, 1981 |
|
| 178.1 |
2.2 |
157.3 |
... |
... |
3.3 |
24.6 |
1.0732 |
26.4 |
June 1, 1982 |
|
| 201.5 |
7.3 |
186.2 |
... |
... |
5.0 |
25.8 |
1.0775 |
27.8 |
June 1, 1983 |
|
| 179.0 |
4.5 |
161.8 |
... |
... |
.5 |
20.2 |
1.0693 |
21.6 |
June 1, 1984 |
|
| 173.2 |
3.2 |
136.9 |
... |
2.8 |
4.5 |
39.8 |
1.0704 |
42.6 |
June 1, 1985 |
|
| 176.1 |
2.3 |
121.0 |
... |
4.3 |
12.9 |
63.2 |
1.0712 |
67.7 |
June 1, 1986 |
|
| 165.1 |
.9 |
117.0 |
... |
3.9 |
12.8 |
53.4 |
1.0655 |
56.9 |
June 1, 1987 |
|
| 157.2 |
2.1 |
115.4 |
... |
-6.7 |
6.5 |
57.9 |
1.0587 |
61.3 |
June 1, 1988 |
|
| 187.3 |
3.6 |
124.4 |
... |
.1 |
20.4 |
83.4 |
1.0576 |
88.2 |
June 1, 1989 |
|
| 181.4 |
3.8 |
122.4 |
... |
-1.5 |
15.8 |
75.3 |
1.0611 |
79.9 |
June 1, 1990 |
|
| 191.7 |
3.4 |
131.9 |
... |
.9 |
19.8 |
77.5 |
1.0594 |
82.1 |
June 1, 1991 |
|
| 182.2 |
3.5 |
139.6 |
... |
.3 |
13.7 |
54.9 |
1.0565 |
58.0 |
June 1, 1992 |
|
| 210.7 |
2.1 |
142.8 |
... |
.7 |
12.6 |
78.8 |
1.0512 |
82.8 |
June 1, 1993 |
|
| 237.5 |
4.1 |
147.6 |
... |
.9 |
12.1 |
101.2 |
1.0470 |
106.0 |
June 1, 1994 |
|
| 247.7 |
2.4 |
201.4 |
... |
1.2 |
22.2 |
64.9 |
1.0445 |
67.8 |
June 1, 1995 |
|
| 269.9 |
3.6 |
226.8 |
41.5 |
1.1 |
.9 |
2.1 |
1.0481 |
2.2 |
June 1, 1996 |
|
| 276.8 |
4.2 |
230.6 |
... |
1.1 |
7.3 |
56.5 |
1.0461 |
59.1 |
June 1, 1997 |
|
| 319.1 |
5.1 |
218.8 |
... |
1.4 |
48.5 |
149.9 |
1.0461 |
156.8 |
June 1, 1998 |
|
| 323.4 |
4.9 |
216.9 |
... |
1.4 |
25.7 |
128.8 |
1.0453 |
134.6 |
June 1, 1999 |
|
| 359.5 |
7.8 |
228.9 |
... |
2.4 |
22.5 |
152.7 |
1.0437 |
159.4 |
June 1, 2000 |
|
| 379.8 |
6.4 |
237.5 |
162.5 |
3.7 |
12.3 |
-11.9 |
1.0420 |
-12.4 |
June 1, 2001 |
|
| 414.7 |
6.5 |
252.4 |
... |
3.2 |
5.5 |
171.8 |
1.0417 |
179.0 |
June 1, 2002 |
|
| 448.9 |
6.6 |
259.2 |
... |
3.6 |
14.4 |
199.9 |
1.0414 |
208.2 |
June 1, 2003 |
|
| 489.7 |
6.6 |
264.9 |
... |
4.3 |
16.5 |
235.3 |
1.0412 |
244.9 |
June 1, 2004 |
|
| 534.2 |
6.7 |
270.3 |
... |
5.0 |
19.0 |
274.8 |
1.0414 |
286.2 |
June 1, 2005 |
|
| 582.2 |
6.8 |
275.7 |
23.0 |
5.9 |
22.5 |
295.6 |
1.0413 |
307.8 |
June 1, 2006 |
|
| 632.8 |
6.9 |
280.9 |
... |
6.7 |
23.9 |
363.8 |
1.0416 |
378.9 |
June 1, 2007 |
|
| 685.3 |
7.0 |
285.9 |
... |
7.5 |
28.1 |
411.8 |
1.0413 |
428.9 |
June 1, 2008 |
|
| 741.5 |
7.1 |
290.0 |
... |
8.3 |
31.5 |
464.7 |
1.0412 |
483.9 |
June 1, 2009 |
|
| 791.7 |
7.2 |
294.2 |
... |
9.2 |
35.0 |
511.4 |
1.0412 |
532.4 |
June 1, 2010 |
|
| 840.5 |
7.3 |
299.9 |
2.3 |
10.0 |
38.2 |
552.7 |
1.0412 |
575.4 |
June 1, 2011 |
|
1 Defined as the period October 1-September 30 (see Public Law 93-344). 2 Benefit taxes not payable until 1984. |
· Historical amounts based on SSA administrative records.
· Historical accumulation factor computed by dividing transfer amount by total principal.
· Future amounts and factors projected based on data supplied by Railroad Retirement Board, adjusted via regression equations to account for different economic assumptions.
Note: Future estimates based on 2001 Trustees Report intermediate set of assumptions.
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December 26, 2001