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

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ACTUARIAL STUDY NO. 119
by Chris Motsiopoulos
and Richard B. Tucker

III.E33.—Summary of OASDI Current-Payment Benefits
(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
beneficiaries
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
$118,004.0
$77,440.7
$70,094.9
$7,345.8
$26,227.7
$7,123.8
$1,543.0
$17,265.2
$295.8
$14,215.7
$11,902.5
$2,313.3
$119.9
1981
137,474.8
91,239.9
82,670.6
8,569.3
30,296.3
7,992.8
1,723.7
20,257.7
322.1
15,827.3
13,324.4
2,502.9
111.4
1982
152,798.3
103,489.6
93,999.6
9,490.0
33,099.5
7,921.5
1,834.1
23,009.8
334.0
16,108.7
13,831.4
2,277.3
100.5
1983
161,843.1
111,639.3
101,542.9
10,096.4
34,454.0
7,615.8
1,732.9
24,782.3
323.0
15,664.7
13,650.5
2,014.2
85.1
1984
171,701.3
119,529.6
108,788.7
10,740.9
36,061.4
7,517.8
1,444.2
26,730.8
368.6
16,039.1
14,070.6
1,968.4
71.2
1985
182,482.6
127,475.4
116,042.9
11,432.5
38,121.1
7,518.3
1,445.0
28,766.2
391.6
16,828.3
14,803.7
2,024.5
57.8
1986
193,151.3
135,154.4
123,034.7
12,119.7
40,273.5
7,608.7
1,431.7
30,832.0
401.0
17,676.8
15,576.0
2,100.8
46.7
1987
200,723.9
140,751.4
128,148.6
12,602.8
41,714.5
7,613.0
1,363.7
32,332.2
405.6
18,221.4
16,109.5
2,111.9
36.6
1988
213,550.0
149,925.9
136,571.7
13,354.2
44,312.3
7,804.8
1,358.5
34,730.9
418.0
19,283.2
17,119.3
2,163.8
28.7
1989
226,656.2
159,326.2
145,214.2
14,112.1
46,948.4
7,960.3
1,370.0
37,189.9
428.2
20,359.6
18,163.3
2,196.3
22.0
1990
243,196.7
171,015.9
155,939.6
15,076.3
50,230.3
8,261.8
1,406.4
40,115.8
446.3
21,933.8
19,643.1
2,290.7
16.7
1991
262,958.5
184,597.3
168,394.7
16,202.5
54,130.8
8,711.1
1,457.2
43,465.5
496.9
24,217.8
21,754.8
2,463.0
12.7
1992
280,115.7
195,712.7
178,604.8
17,107.9
57,472.7
9,114.2
1,489.2
46,268.9
600.6
26,921.1
24,232.4
2,688.8
9.2
1993
296,016.4
205,651.1
187,784.9
17,866.2
60,508.5
9,500.7
1,502.1
48,802.2
703.6
29,850.3
26,900.3
2,949.9
6.5
1994
310,313.2
214,283.2
195,834.1
18,449.1
63,290.1
9,902.4
1,502.8
51,086.6
798.3
32,735.5
29,525.5
3,210.0
4.4
1995
325,578.2
223,576.7
204,548.9
19,027.8
66,235.7
10,326.5
1,528.4
53,488.6
892.2
35,762.8
32,292.0
3,470.8
3.0
1996
339,820.1
232,102.6
212,625.8
19,476.8
68,981.2
10,819.8
1,447.0
55,739.2
975.2
38,734.3
35,035.3
3,699.0
1.9
1997
354,640.1
241,904.0
221,961.4
19,942.6
71,490.0
11,187.5
1,416.4
57,842.3
1,043.9
41,244.8
37,410.3
3,834.5
1.2
1998
367,321.9
250,733.9
230,521.3
20,212.6
72,852.1
11,441.1
1,389.4
58,919.4
1,102.1
43,735.2
39,788.4
3,946.8
.8
1999
377,730.7
257,265.4
236,963.1
20,302.3
74,305.4
11,622.0
1,363.5
60,170.9
1,149.0
46,159.5
42,092.7
4,066.8
.5
2000
396,979.3
271,090.6
250,191.2
20,899.4
76,737.9
11,985.5
1,351.1
62,199.1
1,202.1
49,150.5
44,924.0
4,226.4
.3
2001
422,196.5
289,129.0
267,341.2
21,787.8
80,003.6
12,521.1
1,375.0
64,840.5
1,267.1
53,063.7
48,624.4
4,439.3
.2
2002
442,645.8
302,361.4
280,123.1
22,238.3
82,700.3
13,078.9
1,406.7
66,887.6
1,327.1
57,584.0
52,891.7
4,692.3
.1
2003
458,956.8
312,211.5
289,814.8
22,396.7
84,338.3
13,477.7
1,421.1
68,064.5
1,374.9
62,407.0
57,439.6
4,967.4
1/
2004
479,514.8
325,277.5
302,565.4
22,712.1
86,331.4
13,890.1
1,442.1
69,579.0
1,420.2
67,905.9
62,642.0
5,263.9
1/
2005-I
124,735.2
84,541.7
78,748.1
5,793.6
22,124.6
3,586.1
370.5
17,799.2
368.8
18,068.9
16,689.0
1,379.8
1/
2005-II
125,335.4
84,864.3
79,075.0
5,789.3
22,187.6
3,626.0
363.1
17,828.2
370.3
18,283.5
16,894.0
1,389.4
1/
2005-III
126,110.1
85,413.8
79,623.6
5,790.2
22,206.4
3,558.9
369.3
17,905.7
372.6
18,489.8
17,132.4
1,357.4
1/
2005-IV
126,924.9
85,902.9
80,100.7
5,802.2
22,287.4
3,578.2
374.8
17,959.8
374.5
18,734.6
17,365.6
1,369.0
...
2006-I
129,906.5
87,811.1
81,902.6
5,908.6
22,757.6
3,701.5
373.9
18,299.8
382.4
19,337.8
17,922.2
1,415.6
...
2006-II
130,625.6
88,240.5
82,330.8
5,909.6
22,834.0
3,738.0
366.6
18,345.4
383.9
19,551.1
18,118.0
1,433.1
...
2006-III
131,503.6
88,904.0
82,989.4
5,914.6
22,861.1
3,659.7
373.0
18,442.0
386.4
19,738.5
18,339.0
1,399.5
...
2006-IV
132,436.2
89,504.0
83,571.5
5,932.6
22,958.4
3,674.7
378.8
18,516.5
388.5
19,973.8
18,563.8
1,410.0
...
2007-I
135,908.2
91,759.7
85,701.5
6,058.2
23,504.0
3,805.4
378.8
18,922.5
397.4
20,644.4
19,183.8
1,460.7
...
2007-II
136,738.3
92,287.1
86,224.5
6,062.7
23,598.0
3,841.7
371.6
18,985.8
398.9
20,853.2
19,372.5
1,480.7
...
2007-III
137,739.5
93,065.5
86,994.7
6,070.8
23,638.7
3,756.2
378.3
19,102.8
401.3
21,035.3
19,589.2
1,446.2
...
2007-IV
138,813.2
93,789.6
87,696.7
6,092.8
23,756.3
3,769.8
384.5
19,198.7
403.4
21,267.3
19,808.9
1,458.4
...
2008-I
143,245.2
96,715.9
90,459.5
6,256.4
24,457.2
3,922.8
386.6
19,733.2
414.6
22,072.2
20,551.7
1,520.5
...
2008-II
144,208.9
97,352.0
91,086.6
6,265.4
24,568.1
3,959.6
379.4
19,812.8
416.3
22,288.8
20,744.6
1,544.2
...
2008-III
145,365.1
98,266.5
91,988.7
6,277.8
24,621.7
3,866.8
386.5
19,949.4
419.0
22,476.9
20,968.9
1,508.0
...
2008-IV
146,629.6
99,151.3
92,845.9
6,305.4
24,760.1
3,879.8
392.9
20,066.2
421.2
22,718.2
21,195.5
1,522.7
...
2009-I
151,598.7
102,481.1
95,993.5
6,487.7
25,531.4
4,041.9
395.6
20,660.4
433.6
23,586.2
21,993.3
1,592.8
...
2009-II
152,772.3
103,319.5
96,812.5
6,507.0
25,660.4
4,081.2
388.3
20,755.2
435.7
23,792.4
22,169.4
1,623.0
...
2009-III
154,170.2
104,472.6
97,942.7
6,529.8
25,730.4
3,984.6
395.6
20,911.4
438.8
23,967.3
22,381.4
1,585.9
...
2009-IV
155,718.4
105,631.0
99,061.6
6,569.4
25,892.7
3,999.2
402.3
21,049.6
441.6
24,194.8
22,589.7
1,605.1
...
2010-I
161,143.4
109,342.6
102,575.2
6,767.4
26,714.0
4,167.7
405.2
21,686.2
454.9
25,086.8
23,405.7
1,681.2
...
2010-II
162,435.0
110,283.4
103,493.4
6,790.1
26,857.1
4,209.6
398.0
21,791.9
457.7
25,294.4
23,584.1
1,710.3
...
2010-III
163,994.8
111,585.4
104,768.5
6,816.9
26,940.5
4,110.8
405.7
21,962.6
461.5
25,468.9
23,801.5
1,667.4
...
2010-IV
165,784.5
112,940.8
106,079.8
6,861.1
27,120.6
4,127.2
412.7
22,115.8
464.9
25,723.1
24,037.6
1,685.5
...
2011-I
171,705.2
117,005.2
109,934.7
7,070.4
27,991.0
4,302.5
416.0
22,794.2
478.3
26,709.1
24,945.0
1,764.1
...
2011-II
173,134.0
118,057.7
110,961.4
7,096.3
28,150.7
4,347.3
408.7
22,916.3
478.4
26,925.6
25,132.0
1,793.6
...
2011-III
174,871.0
119,513.4
112,386.6
7,126.8
28,250.6
4,246.7
416.8
23,107.5
479.6
27,107.0
25,359.4
1,747.6
...
2011-IV
176,878.6
121,057.3
113,881.7
7,175.5
28,451.7
4,265.2
424.3
23,281.9
480.3
27,369.7
25,604.1
1,765.6
...
2012-I
183,285.9
125,507.7
118,110.9
7,396.8
29,379.0
4,447.8
427.8
24,011.5
491.9
28,399.2
26,551.3
1,847.9
...
2012-II
184,892.0
126,730.6
119,305.0
7,425.6
29,565.0
4,495.3
420.5
24,158.1
491.1
28,596.4
26,715.4
1,881.0
...
2012-III
186,847.0
128,397.7
120,937.8
7,459.9
29,691.9
4,392.4
429.0
24,379.1
491.4
28,757.4
26,923.5
1,833.9
...
2012-IV
189,107.8
130,179.4
122,665.9
7,513.5
29,926.2
4,412.7
436.8
24,585.5
491.2
29,002.2
27,148.1
1,854.0
...
2013-I
196,033.5
135,052.8
127,306.2
7,746.6
30,921.4
4,602.9
440.5
25,375.6
502.3
30,059.3
28,118.0
1,941.3
...
2013-II
197,753.3
136,380.3
128,604.5
7,775.8
31,129.7
4,653.4
433.2
25,542.4
500.7
30,243.3
28,267.0
1,976.3
...
2013-III
199,874.0
138,204.5
130,393.4
7,811.1
31,279.6
4,548.5
442.1
25,788.8
500.3
30,389.9
28,463.9
1,926.0
...
2013-IV
202,355.3
140,187.0
132,320.3
7,866.7
31,542.2
4,570.9
450.3
26,021.6
499.4
30,626.1
28,679.3
1,946.8
...
2014-I
209,800.0
145,463.3
137,353.9
8,109.4
32,605.0
4,769.4
454.3
26,870.9
510.3
31,731.7
29,692.9
2,038.8
...
2014-II
211,616.3
146,846.3
138,709.3
8,137.1
32,835.4
4,823.7
446.9
27,055.5
509.3
31,934.5
29,857.9
2,076.6
...
2014-III
213,882.8
148,777.7
140,606.0
8,171.7
33,008.3
4,717.6
456.3
27,324.9
509.4
32,096.9
30,072.9
2,024.0
...
2014-IV
216,555.2
150,903.8
142,676.5
8,227.3
33,297.9
4,743.0
465.0
27,580.9
509.1
32,353.4
30,306.9
2,046.6
...

1Less than $50,000.

Sources:

Note: Future estimates based on 2005 Trustees Report intermediate set of assumptions.


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