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.E29—Number of OASI Beneficiaries Receiving Both a Retired-Worker and
Secondary Benefit, by Type of Secondary Benefit
(By gender, end of calendar years 1975-2010)
[Numbers in thousands]
Year
Retired
workers
Total
dual entitlements
Dual entitlement by type
Spouses of
retired workers
Widow(er)s of
deceased workers
Parents of
deceased workers
  Number
  Ratio to
retired
workers
  Number
  Ratio
to total
  Number
  Ratio
to total
  Number
  Ratio
to total
Male
1975
9,164.6
17.9
0.0020
9.0
0.5045
8.2
0.4577
0.7
0.0377
1980
10,462.8
63.3
.0060
21.0
.3322
41.9
.6618
.4
.0060
1985
11,819.9
89.0
.0075
25.1
.2820
63.7
.7157
.2
.0024
1986
12,083.7
95.4
.0079
26.0
.2725
69.2
.7256
.2
.0020
1987
12,298.5
95.6
.0078
25.6
.2680
69.8
.7303
.2
.0017
1988
12,490.5
98.3
.0079
25.8
.2627
72.3
.7359
.1
.0015
1989
12,722.2
101.3
.0080
26.2
.2583
75.0
.7404
.1
.0013
1990
12,986.8
103.7
.0080
26.2
.2532
77.3
.7457
.1
.0011
1991
13,226.4
105.3
.0080
26.2
.2484
79.0
.7506
.1
.0010
1992
13,473.9
106.9
.0079
25.9
.2422
80.9
.7570
.1
.0009
1993
13,649.4
107.7
.0079
25.1
.2327
82.6
.7665
.1
.0008
1994
13,794.9
110.1
.0080
25.6
.2330
84.3
.7663
.1
.0007
1995
13,918.4
111.5
.0080
25.6
.2299
85.8
.7695
.1
.0006
1996
14,016.6
111.1
.0079
24.8
.2231
86.3
.7763
.1
.0006
1997
14,122.7
111.1
.0079
23.6
.2124
87.5
.7871
.1
.0005
1998
14,206.6
110.3
.0078
22.8
.2067
87.5
.7928
.1
.0005
1999
14,328.2
110.2
.0077
22.2
.2012
87.9
.7984
.0004
2000
14,771.4
113.0
.0076
23.3
.2058
89.7
.7938
.0004
2001
14,886.1
113.9
.0076
23.4
.2058
90.4
.7939
.0003
2002
15,031.6
115.0
.0076
23.7
.2058
91.3
.7939
.0003
2003
15,183.4
116.1
.0076
23.9
.2058
92.2
.7939
.0003
2004
15,387.2
117.7
.0076
24.2
.2058
93.5
.7940
.0003
2005
15,628.1
119.5
.0076
24.6
.2058
94.9
.7940
.0002
2006
15,877.5
121.5
.0076
25.0
.2058
96.4
.7940
.0002
2007
16,148.2
123.5
.0076
25.4
.2058
98.1
.7940
.0002
2008
16,514.8
126.3
.0076
26.0
.2058
100.3
.7940
.0002
2009
17,017.8
130.2
.0076
26.8
.2058
103.4
.7940
.0002
2010
17,518.8
134.0
.0076
27.6
.2058
106.4
.7941
.0001
Female
1975
7,424.5
1,552.8
.2091
569.7
.3669
978.8
.6303
4.2
.0027
1980
9,101.6
2,506.4
.2754
952.1
.3799
1,550.6
.6187
3.6
.0014
1985
10,615.4
3,573.8
.3367
1,505.1
.4211
2,066.3
.5782
2.4
.0007
1986
10,901.1
3,818.0
.3502
1,630.0
.4269
2,185.9
.5725
2.1
.0006
1987
11,145.3
4,018.2
.3605
1,728.3
.4301
2,288.0
.5694
1.9
.0005
1988
11,372.0
4,208.0
.3700
1,818.4
.4321
2,387.8
.5675
1.7
.0004
1989
11,609.1
4,396.4
.3787
1,911.0
.4347
2,484.0
.5650
1.5
.0003
1990
11,854.3
4,588.9
.3871
2,008.3
.4376
2,579.3
.5621
1.4
.0003
1991
12,066.6
4,775.1
.3957
2,099.9
.4398
2,673.9
.5600
1.2
.0003
1992
12,287.8
4,955.5
.4033
2,186.4
.4412
2,768.0
.5586
1.1
.0002
1993
12,459.7
5,110.5
.4102
2,253.5
.4410
2,856.0
.5588
1.0
.0002
1994
12,617.4
5,245.6
.4157
2,306.0
.4396
2,938.8
.5602
.9
.0002
1995
12,760.1
5,358.1
.4199
2,346.5
.4379
3,010.7
.5619
.8
.0002
1996
12,888.5
5,468.2
.4243
2,382.5
.4357
3,085.0
.5642
.7
.0001
1997
13,158.9
5,562.4
.4227
2,409.8
.4332
3,151.9
.5667
.7
.0001
1998
13,310.9
5,642.7
.4239
2,429.1
.4305
3,213.0
.5694
.6
.0001
1999
13,455.3
5,709.3
.4243
2,439.8
.4273
3,268.9
.5726
.6
.0001
2000
13,733.8
5,825.7
.4242
2,504.3
.4299
3,320.9
.5700
.5
.0001
2001
13,895.3
5,894.1
.4242
2,522.4
.4280
3,371.2
.5720
.5
.0001
2002
14,064.6
5,965.9
.4242
2,539.2
.4256
3,426.3
.5743
.4
.0001
2003
14,241.9
6,041.2
.4242
2,554.3
.4228
3,486.4
.5771
.4
.0001
2004
14,460.4
6,133.8
.4242
2,573.6
.4196
3,559.8
.5804
.4
.0001
2005
14,716.5
6,242.5
.4242
2,596.0
.4159
3,646.2
.5841
.4
.0001
2006
14,982.0
6,355.1
.4242
2,616.0
.4116
3,738.7
.5883
.3
.0001
2007
15,270.0
6,477.3
.4242
2,635.7
.4069
3,841.3
.5930
.3
.0000
2008
15,651.3
6,639.0
.4242
2,666.6
.4017
3,972.1
.5983
.3
.0000
2009
16,148.3
6,849.8
.4242
2,711.5
.3958
4,138.0
.6041
.3
.0000
2010
16,656.8
7,065.5
.4242
2,751.8
.3895
4,313.4
.6105
.3
.0000

1 Fewer than 50.

Sources:

· Number of retired workers shown earlier.

· Historical number of dual entitlements for spouses, widow(er)s and parents from 1-A Table Current-Payment Supplement. Historical dual entitlements by type are split by sex by applying ratios computed from data in the Annual Statistical Supplement to the Social Security Bulletin. Total dual entitlements is the sum of spouse, widow(er), and parent dual entitlements. Future figures for total dual entitlements computed by applying the corresponding ratio to the number of retired workers.

· Historical ratios of number of dual entitlements to number of retired workers are computed by dividing number of dual entitlements by the number of retired workers. Future ratios projected by regression.

· Historical ratios of number of dual entitlements by type to total dual entitlements are computed. Future ratios projected for spouses and parents by regression. Future ratios for widow(er)s are computed as 100 percent minus the sum of the ratios for spouses and parents.

· Future figures for number of dual entitlements by type are computed by applying the corresponding ratios to the total number of dual entitlements.

Note: Future estimates based on 2001 Trustees Report intermediate set of assumptions.


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December 26, 2001