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.E20—Current-Payment Benefits to Mother and Father Beneficiaries
(Calendar years 1975-2000, and calendar quarters 2001-10)
[Numbers in thousands, amounts in millions]
Calendar
period
Mother beneficiaries
Father beneficiaries1
Total mother and father beneficiaries
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
568.4
$140.14
12.075
$961.9
(2)
$47.78
(3)
$0.8
568.4
$140.14
12.085
$962.7
1976
570.2
153.26
12.062
1,054.1
5.9
90.76
11.447
6.1
576.1
152.62
12.058
1,060.2
1977
564.2
166.61
12.088
1,136.2
8.6
97.67
12.009
10.1
572.8
165.57
12.087
1,146.3
1978
557.6
182.23
12.127
1,232.3
11.6
105.98
11.910
14.6
569.2
180.68
12.125
1,246.9
1979
553.1
202.63
12.103
1,356.3
13.4
117.13
11.941
18.8
566.5
200.60
12.101
1,375.1
1980
544.8
230.41
12.099
1,518.6
15.5
132.07
11.865
24.4
560.3
227.68
12.095
1,543.0
1981
532.0
263.45
12.084
1,693.6
16.7
150.43
11.945
30.0
548.7
260.01
12.081
1,723.7
1982
503.1
294.36
12.147
1,798.9
17.3
166.56
12.207
35.2
520.4
290.10
12.149
1,834.1
1983
475.6
306.77
11.618
1,695.0
18.6
172.28
11.828
37.9
494.2
301.71
11.623
1,732.9
1984
369.8
313.76
12.125
1,406.8
17.5
178.54
11.982
37.4
387.3
307.65
12.121
1,444.2
1985
354.1
326.95
12.144
1,406.0
17.2
187.09
12.083
38.9
371.3
320.47
12.142
1,445.0
1986
339.5
337.72
12.138
1,391.7
17.3
196.31
11.810
40.0
356.8
330.88
12.129
1,431.7
1987
317.1
342.58
12.208
1,326.2
14.9
204.53
12.239
37.4
332.1
336.37
12.208
1,363.7
1988
306.8
357.11
12.039
1,319.1
15.2
216.95
11.915
39.4
322.1
350.48
12.035
1,358.5
1989
296.8
372.32
12.017
1,328.0
15.3
230.50
11.944
42.0
312.1
365.38
12.015
1,370.0
1990
289.1
390.96
12.037
1,360.6
15.6
246.06
11.950
45.8
304.7
383.55
12.034
1,406.4
1991
283.7
412.53
12.020
1,407.0
16.0
264.09
11.935
50.3
299.7
404.63
12.017
1,457.2
1992
279.8
427.60
11.991
1,434.4
16.7
281.08
11.651
54.8
296.5
419.33
11.978
1,489.2
1993
272.6
439.91
12.051
1,445.1
15.7
300.36
12.078
57.0
288.3
432.31
12.052
1,502.1
1994
266.2
452.90
11.983
1,444.6
15.3
317.13
11.998
58.2
281.5
445.53
11.983
1,502.8
1995
261.0
467.12
12.034
1,466.9
15.2
334.61
12.044
61.4
276.2
459.81
12.034
1,528.4
1996
229.6
497.95
12.191
1,393.9
10.9
391.18
12.414
53.0
240.5
493.10
12.199
1,447.0
1997
220.2
518.05
11.968
1,365.0
10.3
417.09
11.952
51.4
230.5
513.53
11.967
1,416.4
1998
209.0
534.64
11.973
1,338.1
9.9
436.02
11.944
51.3
218.9
530.20
11.972
1,389.4
1999
200.1
548.10
11.963
1,312.1
9.5
451.78
11.953
51.4
209.6
543.73
11.963
1,363.5
2000
190.6
569.90
11.958
1,298.6
9.3
473.17
11.945
52.6
199.9
565.40
11.957
1,351.1
2001-I
189.4
593.69
3.000
337.4
9.7
499.12
3.000
14.5
199.1
589.10
3.000
351.9
2001-II
184.7
590.34
3.000
327.0
9.4
496.89
3.000
14.0
194.1
585.81
3.000
341.0
2001-III
184.4
598.44
3.000
331.0
9.3
504.79
3.000
14.1
193.7
593.92
3.000
345.2
2001-IV
186.6
604.75
3.000
338.5
9.6
511.21
3.000
14.7
196.2
600.18
3.000
353.2
2002-I
183.5
618.87
3.000
340.7
9.5
524.73
3.000
15.0
193.1
614.22
3.000
355.7
2002-II
179.0
615.49
3.000
330.5
9.3
522.24
3.000
14.5
188.2
610.90
3.000
345.0
2002-III
178.8
624.05
3.000
334.7
9.2
530.40
3.000
14.6
188.0
619.46
3.000
349.4
2002-IV
181.0
630.75
3.000
342.5
9.5
537.00
3.000
15.2
190.5
626.10
3.000
357.8
2003-I
178.2
646.23
3.000
345.4
9.4
551.60
3.000
15.6
187.6
641.49
3.000
361.0
2003-II
173.9
642.85
3.000
335.4
9.1
548.89
3.000
15.1
183.1
638.16
3.000
350.5
2003-III
173.9
651.93
3.000
340.2
9.1
557.37
3.000
15.2
183.0
647.24
3.000
355.4
2003-IV
176.3
659.08
3.000
348.5
9.3
564.22
3.000
15.8
185.6
654.32
3.000
364.3
2004-I
173.6
676.06
3.000
352.2
9.3
580.05
3.000
16.1
182.9
671.19
3.000
368.3
2004-II
169.6
672.64
3.000
342.2
9.0
577.16
3.000
15.6
178.6
667.82
3.000
357.8
2004-III
169.7
682.27
3.000
347.3
9.0
586.04
3.000
15.7
178.6
677.45
3.000
363.1
2004-IV
172.1
689.88
3.000
356.1
9.2
593.19
3.000
16.4
181.3
684.97
3.000
372.5
2005-I
169.6
708.45
3.000
360.4
9.1
610.38
3.000
16.7
178.7
703.43
3.000
377.2
2005-II
165.7
704.98
3.000
350.4
8.9
607.30
3.000
16.2
174.6
700.00
3.000
366.6
2005-III
165.9
715.18
3.000
355.8
8.8
616.60
3.000
16.3
174.7
710.20
3.000
372.2
2005-IV
168.2
723.26
3.000
365.0
9.1
624.09
3.000
17.0
177.3
718.19
3.000
382.0
2006-I
165.9
743.53
3.000
370.0
9.0
642.72
3.000
17.4
174.9
738.34
3.000
387.3
2006-II
162.1
739.88
3.000
359.8
8.8
639.30
3.000
16.8
170.9
734.72
3.000
376.6
2006-III
162.3
750.58
3.000
365.5
8.7
648.93
3.000
16.9
171.0
745.41
3.000
382.4
2006-IV
164.7
759.05
3.000
375.0
8.9
656.63
3.000
17.6
173.6
753.78
3.000
392.6
2007-I
162.4
781.06
3.000
380.5
8.9
676.71
3.000
18.0
171.3
775.65
3.000
398.6
2007-II
158.8
777.16
3.000
370.2
8.6
672.94
3.000
17.4
167.4
771.78
3.000
387.6
2007-III
159.0
788.34
3.000
376.1
8.6
682.88
3.000
17.5
167.6
782.94
3.000
393.6
2007-IV
161.4
797.18
3.000
386.0
8.8
690.81
3.000
18.2
170.2
791.68
3.000
404.2
2008-I
159.2
820.22
3.000
391.8
8.7
711.76
3.000
18.7
168.0
814.57
3.000
410.5
2008-II
155.7
816.05
3.000
381.1
8.5
707.63
3.000
18.1
164.2
810.43
3.000
399.2
2008-III
156.0
827.70
3.000
387.3
8.4
717.93
3.000
18.2
164.4
822.07
3.000
405.5
2008-IV
158.3
836.91
3.000
397.6
8.7
726.12
3.000
18.9
167.0
831.16
3.000
416.4
2009-I
156.2
861.01
3.000
403.5
8.6
747.98
3.000
19.3
164.8
855.11
3.000
422.9
2009-II
152.7
856.54
3.000
392.5
8.4
743.50
3.000
18.7
161.1
850.67
3.000
411.2
2009-III
153.0
868.68
3.000
398.7
8.3
754.19
3.000
18.8
161.3
862.79
3.000
417.5
2009-IV
155.3
878.25
3.000
409.2
8.5
762.64
3.000
19.5
163.8
872.23
3.000
428.7
2010-I
153.2
903.46
3.000
415.3
8.5
785.46
3.000
20.0
161.7
897.27
3.000
435.3
2010-II
149.9
898.69
3.000
404.0
8.2
780.64
3.000
19.3
158.1
892.53
3.000
423.3
2010-III
150.2
911.35
3.000
410.5
8.2
791.74
3.000
19.4
158.3
905.17
3.000
430.0
2010-IV
152.5
921.31
3.000
421.4
8.4
800.50
3.000
20.2
160.9
915.00
3.000
441.6

1 This benefit was not payable until March 19, 1975.

2 Fewer than 50.

3 This rate is not meaningful for this year because the number in current-payment status at midpoint of the year is not representative of the number in current-payment status during the year.

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