Short-Range Actuarial Projections
of the Old-Age, Survivors, and
Disability Insurance Program, 2005

Contents Previous Next List of Tables List of Figures
ACTUARIAL STUDY NO. 119
by Chris Motsiopoulos
and Richard B. Tucker

III.E35.—Summary of OASDI Benefit Payments
(Calendar years 1980-2004, and calendar quarters 2005-14)
[In millions]
Calendar
period
Total
Retired workers and auxiliaries
Survivors of deceased workers
Disabled workers and auxiliaries
Special
age-72
benefi-ciaries
Lump-
sum
death
pay-ments
Total
Retired
workers
Dependents
Total
Children
Widowed
mothers
and
fathers
Aged
widows
and
widowers
and aged
parents
Disabled
widows
and
widowers
Total
Disabled
workers
Dependents
1980
$120,511.9
$78,003.6
$70,484.7
$7,518.9
$26,557.3
$7,389.4
$1,572.2
$17,283.1
$312.5
$15,437.5
$12,816.5
$2,621.0
$119.2
$394.4
1981
140,994.8
92,570.5
83,739.2
8,831.3
30,782.3
8,307.2
1,760.1
20,375.3
339.7
17,199.4
14,378.8
2,820.6
110.1
332.5
1982
156,137.3
104,977.1
95,250.3
9,726.8
33,519.9
8,203.9
1,860.8
23,105.7
349.5
17,337.5
14,810.2
2,527.3
99.6
203.3
1983
167,032.6
114,128.4
103,697.0
10,431.4
35,083.8
7,911.2
1,771.1
25,056.9
344.6
17,530.2
15,195.7
2,334.5
84.7
205.4
1984
175,762.1
121,046.0
110,092.6
10,953.4
36,533.9
7,775.1
1,474.0
26,887.7
397.1
17,900.1
15,622.7
2,277.4
70.6
211.5
1985
186,195.4
128,476.6
116,819.6
11,657.0
38,618.6
7,761.8
1,473.6
28,962.9
420.3
18,835.9
16,482.6
2,353.3
56.9
207.5
1986
196,691.2
135,902.1
123,583.7
12,318.3
40,692.6
7,842.9
1,457.2
30,959.0
433.4
19,846.8
17,409.1
2,437.7
46.9
202.9
1987
204,155.6
141,293.5
128,513.1
12,780.4
42,111.9
7,846.1
1,387.8
32,443.9
434.1
20,511.5
18,053.4
2,458.1
35.7
203.1
1988
217,213.9
150,497.6
136,986.9
13,510.7
44,787.5
8,120.1
1,392.3
34,828.6
446.5
21,692.2
19,164.7
2,527.4
28.5
208.1
1989
230,850.3
160,330.7
146,026.9
14,303.8
47,418.5
8,253.9
1,400.8
37,304.9
459.0
22,873.4
20,314.5
2,558.9
21.3
206.5
1990
247,796.1
172,025.4
156,756.1
15,269.4
50,745.8
8,564.0
1,437.3
40,264.5
480.0
24,803.3
22,113.5
2,689.8
16.1
205.6
1991
268,097.9
185,533.3
169,142.1
16,391.2
54,688.8
9,021.7
1,489.7
43,607.9
569.6
27,661.7
24,737.7
2,924.0
12.1
202.0
1992
286,030.6
196,676.5
179,372.4
17,304.0
58,048.8
9,431.4
1,520.7
46,411.6
685.1
31,091.2
27,855.8
3,235.4
8.7
205.5
1993
302,402.1
206,358.7
188,439.9
17,918.8
61,225.3
9,896.8
1,546.6
48,961.4
820.6
34,597.7
30,912.8
3,684.9
6.0
214.5
1994
316,834.5
214,891.3
196,400.2
18,491.1
64,002.6
10,293.2
1,551.0
51,245.8
912.6
37,716.8
33,710.5
4,006.2
3.8
220.0
1995
332,580.5
224,378.2
205,315.3
19,062.8
67,083.1
10,716.7
1,573.4
53,786.2
1,006.8
40,898.2
36,610.2
4,288.1
2.6
218.5
1996
347,088.3
232,936.7
213,422.9
19,513.8
69,758.7
11,217.2
1,486.1
55,971.3
1,084.0
44,173.9
39,625.3
4,548.7
1.4
217.5
1997
361,970.4
243,589.8
223,553.9
20,035.9
72,504.9
11,659.9
1,465.7
58,221.3
1,158.0
45,659.3
41,082.8
4,576.5
.6
215.8
1998
374,990.7
252,659.0
232,323.9
20,335.1
73,940.4
11,936.0
1,435.2
59,346.7
1,222.6
48,173.4
43,467.0
4,706.4
.3
217.7
1999
385,768.2
258,885.3
238,478.5
20,406.8
75,336.2
12,125.5
1,414.8
60,528.3
1,267.8
51,331.0
46,458.7
4,872.3
-.2
215.9
2000
407,644.8
274,644.5
253,542.4
21,102.1
77,848.4
12,531.7
1,406.2
62,592.1
1,318.4
54,938.3
49,847.5
5,090.7
-.6
214.1
2001
431,949.0
290,799.1
268,976.1
21,823.0
81,359.2
13,134.3
1,440.9
65,391.5
1,392.6
59,579.3
54,246.4
5,332.9
-.6
211.9
2002
453,815.5
303,983.4
281,624.4
22,359.0
83,974.2
13,690.3
1,476.5
67,346.7
1,460.7
65,645.5
59,886.1
5,759.3
-.2
212.6
2003
470,797.7
314,051.0
291,517.6
22,533.4
85,634.9
14,072.0
1,486.3
68,564.7
1,512.0
70,905.7
64,811.2
6,094.5
1/
206.0
2004
493,284.3
327,139.9
304,261.0
22,878.9
87,737.1
14,538.4
1,514.8
70,128.3
1,555.6
78,202.3
71,685.5
6,516.8
-.1
205.1
2005-I
128,267.5
85,123.4
79,297.7
5,825.7
22,432.9
3,742.3
384.9
17,905.5
400.2
20,654.9
18,916.5
1,738.4
1/
56.2
2005-II
129,043.8
85,568.0
79,715.5
5,852.4
22,576.3
3,790.6
382.6
17,996.1
406.9
20,846.6
19,083.2
1,763.4
1/
53.0
2005-III
129,532.5
85,895.5
80,052.6
5,842.8
22,551.1
3,706.3
388.6
18,049.7
406.6
21,036.1
19,299.1
1,737.1
1/
49.8
2005-IV
130,685.0
86,757.6
80,863.9
5,893.8
22,608.4
3,736.9
392.2
18,075.3
404.0
21,272.8
19,529.0
1,743.8
1/
46.2
2006-I
133,403.7
88,366.0
82,426.8
5,939.2
23,079.3
3,864.5
388.9
18,410.7
415.1
21,902.2
20,114.0
1,788.2
1/
56.3
2006-II
134,326.0
88,917.3
82,947.2
5,970.1
23,240.1
3,910.1
387.0
18,520.7
422.2
22,115.6
20,309.8
1,805.8
1/
53.0
2006-III
134,937.1
89,363.6
83,398.8
5,964.8
23,220.7
3,813.5
393.1
18,592.2
421.9
22,302.9
20,530.9
1,772.1
1/
49.9
2006-IV
136,278.9
90,393.2
84,368.7
6,024.5
23,301.2
3,845.4
397.6
18,638.8
419.4
22,538.2
20,755.6
1,782.6
1/
46.2
2007-I
139,624.2
92,379.0
86,286.6
6,092.3
23,840.2
3,975.8
394.5
19,038.3
431.6
23,348.7
21,495.1
1,853.6
1/
56.3
2007-II
140,674.8
93,041.8
86,911.6
6,130.1
24,022.5
4,021.6
393.0
19,169.0
438.9
23,557.5
21,683.8
1,873.7
1/
53.0
2007-III
141,382.3
93,578.4
87,451.6
6,126.7
24,014.5
3,916.9
399.4
19,259.8
438.4
23,739.6
21,900.5
1,839.1
1/
49.9
2007-IV
142,906.0
94,771.9
88,577.1
6,194.8
24,116.3
3,949.4
404.3
19,327.0
435.7
23,971.6
22,120.3
1,851.3
1/
46.2
2008-I
147,213.6
97,403.0
91,108.8
6,294.3
24,808.1
4,100.6
402.9
19,854.2
450.3
24,946.2
23,008.2
1,938.1
1/
56.2
2008-II
148,416.1
98,188.8
91,848.6
6,340.2
25,011.4
4,147.5
401.7
20,004.1
458.0
25,162.9
23,201.1
1,961.8
1/
53.0
2008-III
149,250.3
98,835.5
92,495.7
6,339.9
25,014.0
4,034.6
408.4
20,113.3
457.6
25,351.0
23,425.4
1,925.6
1/
49.8
2008-IV
151,010.8
100,234.5
93,816.4
6,418.2
25,137.8
4,068.6
413.7
20,200.5
455.0
25,592.3
23,652.0
1,940.3
1/
46.2
2009-I
156,281.3
103,267.3
96,736.3
6,531.0
25,898.0
4,227.7
412.7
20,786.8
470.9
27,059.8
24,962.2
2,097.6
1/
56.2
2009-II
157,717.0
104,274.3
97,681.9
6,592.4
26,123.7
4,277.6
411.7
20,955.1
479.3
27,266.1
25,138.3
2,127.8
1/
52.9
2009-III
158,754.4
105,123.5
98,522.6
6,600.9
26,140.2
4,159.9
418.5
21,082.5
479.2
27,440.9
25,350.3
2,090.6
1/
49.8
2009-IV
160,841.8
106,837.9
100,141.5
6,696.3
26,289.3
4,197.8
424.2
21,190.4
476.9
27,668.4
25,558.6
2,109.8
1/
46.2
2010-I
165,687.0
110,146.2
103,334.5
6,811.7
27,094.4
4,360.5
422.9
21,817.4
493.6
28,390.3
26,229.2
2,161.2
1/
56.2
2010-II
167,252.9
111,264.0
104,386.4
6,877.7
27,338.0
4,413.6
422.2
21,999.3
502.9
28,597.9
26,407.6
2,190.3
1/
52.9
2010-III
168,438.7
112,250.7
105,361.2
6,889.5
27,365.7
4,292.7
429.5
22,140.2
503.4
28,772.4
26,625.1
2,147.4
1/
49.8
2010-IV
170,843.4
114,235.8
107,241.2
6,994.7
27,534.8
4,335.1
435.8
22,262.5
501.6
29,026.6
26,861.1
2,165.5
1/
46.1
2011-I
176,236.5
117,983.4
110,859.0
7,124.3
28,388.1
4,503.8
434.4
22,931.1
518.7
29,809.0
27,594.5
2,214.5
1/
56.1
2011-II
177,974.8
119,243.4
112,041.0
7,202.5
28,653.0
4,560.4
434.1
23,132.9
525.6
30,025.5
27,781.5
2,244.0
1/
52.9
2011-III
179,274.2
120,323.1
113,107.9
7,215.3
28,694.5
4,436.6
441.7
23,292.9
523.3
30,206.9
28,008.9
2,198.0
1/
49.7
2011-IV
181,932.9
122,530.4
115,198.7
7,331.7
28,886.7
4,483.9
448.6
23,435.7
518.6
30,469.6
28,253.6
2,216.0
1/
46.1
2012-I
188,218.1
126,577.0
119,121.3
7,455.7
29,793.7
4,658.0
447.1
24,154.4
534.1
31,791.4
29,450.6
2,340.8
1/
56.1
2012-II
190,158.2
128,027.1
120,485.4
7,541.7
30,089.6
4,718.0
447.0
24,384.3
540.4
31,988.6
29,614.7
2,373.9
1/
52.8
2012-III
191,637.4
129,282.8
121,726.2
7,556.6
30,155.4
4,590.7
454.9
24,572.7
537.1
32,149.6
29,822.8
2,326.8
1/
49.7
2012-IV
194,619.5
131,795.7
124,111.1
7,684.6
30,383.3
4,643.0
462.4
24,746.6
531.3
32,394.4
30,047.4
2,346.9
1/
46.1
2013-I
201,203.9
136,217.3
128,406.5
7,810.8
31,353.2
4,821.9
460.7
25,524.4
546.2
33,577.4
31,124.9
2,452.5
1/
56.0
2013-II
203,283.6
137,793.0
129,890.8
7,902.3
31,676.4
4,885.5
460.8
25,778.0
552.1
33,761.3
31,273.9
2,487.4
1/
52.8
2013-III
204,888.2
139,168.3
131,252.0
7,916.3
31,762.4
4,755.0
469.1
25,990.4
547.9
33,907.9
31,470.8
2,437.2
1/
49.7
2013-IV
208,169.8
141,958.0
133,904.3
8,053.7
32,021.5
4,812.9
477.3
26,190.2
541.2
34,144.1
31,686.1
2,458.0
1/
46.1
2014-I
215,248.9
146,703.1
138,525.3
8,177.7
33,054.6
4,997.4
475.3
27,025.9
556.1
35,435.1
32,858.2
2,576.9
1/
56.0
2014-II
217,449.0
148,353.5
140,081.5
8,271.9
33,404.9
5,065.5
475.7
27,300.9
562.8
35,637.9
33,023.2
2,614.7
1/
52.8
2014-III
219,164.6
149,803.8
141,520.1
8,283.7
33,510.9
4,932.7
484.4
27,534.8
559.0
35,800.3
33,238.2
2,562.1
1/
49.7
2014-IV
222,733.1
152,829.6
144,400.7
8,428.9
33,800.7
4,997.4
493.3
27,757.3
552.7
36,056.8
33,472.1
2,584.7
1/
46.0

1Less than $50,000.

Source: All figures computed by addition of corresponding figures in two preceding tables.

Note: Future estimates based on 2005 Trustees Report intermediate set of assumptions. See tables V.A9 and V.B9 for low cost and high cost alternatives, respectively.


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