Tbl_III_E9.html—Act. Study No.119

III.E9.—Average Monthly Benefit to Parents of Deceased Workers In Force,
Awarded, Terminated, and In Current-Payment Status

(By gender, calendar years 1980-2014)

[Numbers in thousands]
Year	Benefit increase (percent)	In force beginning of year		Awards during year		Terminations during year			In force end of year		Current-payment status end of year
Year	Benefit increase (percent)	Number	Average benefit	Number	Average benefit	Number	Ratio to average benefit in force beginning of year	Average benefit	Number	Average benefit	Ratio to average benefit in force end of year	Average benefit
	Male
1980	14.3	0.8	$215.27	0.1	$229.80	0.1	0.9086	$223.56	0.7	$248.42	0.9996	$248.32
1985	3.1	.6	333.63	¹^/	339.63	.1	.8527	293.32	.6	350.63	1.0018	351.25
1990	5.4	.5	433.41	¹^/	456.60	.1	.8063	368.33	.5	466.39	1.0107	471.40
1995	2.6	.5	544.61	¹^/	552.58	¹^/	.9601	536.50	.5	560.13	1.0317	577.89
1996	2.9	.5	560.13	¹^/	514.01	¹^/	.8297	478.21	.4	581.27	1.0343	601.21
1997	2.1	.4	581.27	¹^/	557.59	¹^/	.8874	526.67	.4	598.62	1.0345	619.30
1998	1.3	.4	598.62	¹^/	598.56	¹^/	1.0442	633.21	.4	603.27	1.0336	623.53
1999	² 2.5	.4	603.27	¹^/	604.35	¹^/	.9914	613.02	.4	618.25	1.0388	642.26
2000	3.5	.4	618.25	¹^/	643.40	¹^/	.9432	603.55	.4	642.60	1.0424	669.83
2001	2.6	.4	642.60	¹^/	678.56	¹^/	1.0271	677.21	.4	659.55	1.0448	689.09
2002	1.4	.4	659.55	¹^/	838.34	¹^/	.9913	662.99	.4	675.52	1.0474	707.53
2003	2.1	.4	675.52	¹^/	664.13	¹^/	.9145	630.73	.3	692.68	1.0692	740.63
2004	2.7	.3	692.68	¹^/	589.42	¹^/	.8228	585.31	.3	714.97	1.0654	761.75
2005	2.0	.3	714.97	¹^/	604.45	¹^/	.7969	581.17	.3	734.12	1.0654	782.15
2006	2.2	.3	734.12	¹^/	623.61	¹^/	.8642	648.36	.3	750.35	1.0654	799.44
2007	2.7	.3	750.35	¹^/	644.77	¹^/	.8833	680.65	.3	769.75	1.0654	820.11
2008	2.8	.3	769.75	¹^/	668.11	¹^/	.8881	702.72	.3	790.96	1.0654	842.71
2009	2.8	.3	790.96	¹^/	691.68	¹^/	.8918	725.15	.3	812.92	1.0654	866.10
2010	2.8	.3	812.92	¹^/	716.91	¹^/	.9083	759.04	.3	835.20	1.0654	889.84
2011	2.8	.3	835.20	¹^/	744.91	¹^/	.9210	790.77	.3	857.71	1.0654	913.82
2012	2.8	.3	857.71	¹^/	773.91	¹^/	.9251	815.64	.3	881.50	1.0654	939.18
2013	2.8	.3	881.50	¹^/	804.09	¹^/	.9317	844.32	.3	906.41	1.0654	965.72
2014	2.8	.3	906.41	¹^/	836.21	¹^/	.9308	867.32	.3	932.34	1.0654	993.34
	Female
1980	14.3	15.4	239.54	.7	317.00	1.8	.9676	264.91	14.2	276.94	1.0017	277.41
1985	3.1	10.1	363.96	.3	374.44	1.2	.9486	355.95	9.2	377.73	1.0054	379.77
1990	5.4	6.4	449.95	.2	519.47	.7	.9786	464.07	5.8	477.13	1.0123	483.02
1995	2.6	4.3	556.99	.2	619.06	.5	.9612	549.31	4.0	576.11	1.0278	592.12
1996	2.9	4.0	576.11	.1	620.16	.4	.9526	564.75	3.7	597.13	1.0296	614.80
1997	2.1	3.7	597.13	.1	635.72	.4	.8991	548.16	3.5	616.97	1.0331	637.36
1998	1.3	3.5	616.97	.1	683.32	.3	.9594	599.63	3.3	629.78	1.0381	653.79
1999	² 2.5	3.3	629.78	.1	699.52	.3	.9565	617.45	3.1	650.56	1.0410	677.24
2000	3.5	3.1	650.56	.1	719.40	.3	.9692	652.56	2.9	677.12	1.0448	707.47
2001	2.6	2.9	677.12	.1	795.90	.3	1.0104	701.98	2.7	697.79	1.0506	733.12
2002	1.4	2.7	697.79	.1	833.91	.3	.9482	670.90	2.6	717.42	1.0563	757.82
2003	2.1	2.6	717.42	.1	786.85	.2	.9693	710.02	2.5	736.95	1.0634	783.66
2004	2.7	2.5	736.95	.1	796.95	.2	.9336	706.63	2.3	762.74	1.0689	815.32
2005	2.0	2.3	762.74	.1	817.27	.2	.8981	698.69	2.2	788.46	1.0689	842.81
2006	2.2	2.2	788.46	.1	843.17	.2	.8941	720.48	2.0	816.85	1.0689	873.16
2007	2.7	2.0	816.85	.1	871.78	.2	.8910	747.46	1.9	850.28	1.0689	908.90
2008	2.8	1.9	850.28	.1	903.34	.2	.8856	774.09	1.8	886.35	1.0689	947.45
2009	2.8	1.8	886.35	.1	935.22	.2	.8812	802.96	1.7	924.19	1.0689	987.90
2010	2.8	1.7	924.19	.1	969.33	.2	.8772	833.39	1.6	963.77	1.0689	1,030.21
2011	2.8	1.6	963.77	.1	1,007.19	.2	.8724	864.38	1.5	1,005.41	1.0689	1,074.72
2012	2.8	1.5	1,005.41	.1	1,046.40	.2	.8703	899.47	1.4	1,048.91	1.0689	1,121.22
2013	2.8	1.4	1,048.91	.1	1,087.20	.1	.8660	933.80	1.3	1,094.50	1.0689	1,169.95
2014	2.8	1.3	1,094.50	.1	1,130.63	.1	.8616	969.44	1.3	1,142.24	1.0689	1,220.98

¹Fewer than 50.

²Benefit increase for 1999 was originally determined as 2.4 percent, but pursuant to Public Law 106-554 is effectively now 2.5 percent.

Number in force and number awarded shown earlier.

Number terminated calculated as in force beginning of year plus awards during year minus in force end of year.

Average benefit awarded, shown earlier.

Historical ratio of average terminated benefit to average benefit in force computed by division of corresponding figures where the average benefit in force at the beginning of the year has been adjusted to the end-of-year rate; future ratios projected based on historical trend.

Historical average terminated benefit computed by dividing (a) number in force at beginning of year times average benefit in force, plus number of awards times average benefit awarded at beginning-of-year rate, minus number in force at end of year times average benefit in force at beginning-of-year rates, by (b) number of terminations. Future average terminated benefit computed by applying applicable ratio to average benefit in force at beginning of year.

Historical average benefit in force from 1-A Table In Force Supplement. Future average benefit in force at end of year computed by dividing (a) number in force at beginning of year times average benefit in force at end-of-year rate, plus number of awards times average benefit awarded at end-of-year rate, minus number of terminations times average terminated benefit at end of year rate, by (b) number in force at end of year.

Historical ratio of average benefit in current-payment status to average benefit in force computed by division of corresponding figures; future ratios projected based on historical trend.

Historical average benefit in current-payment status from 1-A Table Current-Payment Supplement; future average benefit computed by applying applicable ratio to average benefit in force.

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

Short-Range Actuarial Projections of the Old-Age, Survivors, and Disability Insurance Program, 2005
ACTUARIAL STUDY NO. 119 by Chris Motsiopoulos and Richard B. Tucker

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

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