Short-Range Actuarial Projections |
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ACTUARIAL STUDY NO. 119
by Chris Motsiopoulos and Richard B. Tucker | |||||
|
Year
|
15-19
|
20-24
|
25-29
|
30-34
|
35-39
|
40-44
|
45-49
|
50-54
|
55-59
|
60-64
|
65-NRA1
|
Total
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Male
|
||||||||||||
|
1980
|
1.0
|
21.4
|
57.4
|
88.4
|
96.0
|
115.3
|
171.4
|
276.4
|
462.6
|
635.9
|
...
|
1,925.9
|
|
1985
|
.5
|
19.4
|
61.4
|
95.7
|
123.4
|
131.0
|
153.6
|
229.5
|
382.3
|
584.9
|
...
|
1,781.7
|
|
1990
|
.9
|
19.1
|
67.8
|
127.1
|
168.5
|
202.6
|
210.5
|
251.7
|
373.0
|
542.4
|
...
|
1,963.6
|
|
1995
|
.8
|
23.0
|
79.3
|
157.8
|
241.1
|
295.7
|
344.9
|
370.6
|
461.0
|
589.1
|
...
|
2,563.3
|
|
1996
|
.8
|
20.0
|
75.6
|
150.9
|
242.6
|
307.3
|
363.2
|
396.3
|
482.0
|
599.7
|
...
|
2,638.5
|
|
1997
|
.7
|
18.3
|
69.2
|
139.5
|
233.3
|
308.5
|
362.6
|
417.2
|
503.6
|
607.3
|
...
|
2,660.3
|
|
1998
|
.8
|
18.1
|
64.8
|
132.4
|
230.7
|
317.5
|
374.1
|
440.6
|
529.6
|
622.7
|
...
|
2,731.3
|
|
1999
|
.8
|
18.9
|
60.7
|
124.6
|
226.7
|
323.6
|
386.5
|
467.6
|
551.6
|
633.1
|
...
|
2,794.2
|
|
2000
|
.9
|
20.8
|
57.5
|
118.9
|
218.3
|
325.9
|
398.0
|
494.6
|
569.8
|
647.2
|
...
|
2,851.9
|
|
2001
|
1.1
|
25.3
|
59.1
|
116.7
|
211.5
|
329.1
|
412.4
|
515.7
|
603.6
|
673.2
|
...
|
2,947.7
|
|
2002
|
1.2
|
30.6
|
63.2
|
115.5
|
205.7
|
331.2
|
430.1
|
529.7
|
647.7
|
712.3
|
...
|
3,067.1
|
|
2003
|
1.1
|
32.4
|
69.4
|
116.0
|
201.8
|
334.7
|
448.0
|
551.7
|
688.4
|
756.3
|
21.7
|
3,221.4
|
|
2004
|
.9
|
32.3
|
75.6
|
116.3
|
196.7
|
335.8
|
462.5
|
573.4
|
737.3
|
796.4
|
46.3
|
3,373.7
|
|
2005
|
1.2
|
32.5
|
81.8
|
115.5
|
195.6
|
330.3
|
471.5
|
594.2
|
782.9
|
828.2
|
71.3
|
3,504.8
|
|
2006
|
1.2
|
31.5
|
85.9
|
115.5
|
194.0
|
320.8
|
475.6
|
613.0
|
808.1
|
873.7
|
101.4
|
3,620.5
|
|
2007
|
1.2
|
30.3
|
88.5
|
117.8
|
191.8
|
310.2
|
474.6
|
630.7
|
818.2
|
924.2
|
138.9
|
3,726.4
|
|
2008
|
1.3
|
30.1
|
89.6
|
122.3
|
189.0
|
300.4
|
472.2
|
645.0
|
835.3
|
968.9
|
174.7
|
3,828.9
|
|
2009
|
1.6
|
31.3
|
90.1
|
128.6
|
186.3
|
293.0
|
469.4
|
657.5
|
858.6
|
1,023.2
|
173.8
|
3,913.1
|
|
2010
|
1.6
|
31.9
|
88.9
|
133.9
|
182.0
|
289.6
|
460.3
|
666.4
|
884.1
|
1,076.1
|
177.6
|
3,992.4
|
|
2011
|
1.2
|
31.8
|
86.4
|
137.6
|
179.3
|
287.1
|
447.9
|
672.6
|
912.5
|
1,109.6
|
202.2
|
4,068.3
|
|
2012
|
1.1
|
31.7
|
84.4
|
139.9
|
180.2
|
284.2
|
434.8
|
674.5
|
940.5
|
1,130.1
|
221.9
|
4,123.2
|
|
2013
|
1.1
|
31.7
|
83.4
|
140.3
|
183.7
|
279.8
|
422.7
|
674.7
|
964.3
|
1,159.4
|
223.4
|
4,164.6
|
|
2014
|
1.1
|
31.5
|
83.5
|
138.9
|
188.7
|
273.7
|
412.9
|
671.7
|
983.6
|
1,195.7
|
229.5
|
4,210.8
|
|
Female
|
||||||||||||
|
1980
|
.4
|
7.7
|
23.8
|
35.9
|
40.3
|
49.2
|
76.4
|
133.9
|
236.8
|
325.9
|
...
|
930.4
|
|
1985
|
.2
|
7.7
|
25.2
|
43.0
|
54.6
|
60.2
|
72.0
|
112.1
|
194.9
|
301.4
|
...
|
871.4
|
|
1990
|
.4
|
9.0
|
32.2
|
61.0
|
85.0
|
103.2
|
115.3
|
141.2
|
206.3
|
289.4
|
...
|
1,043.1
|
|
1995
|
.5
|
13.8
|
46.7
|
93.0
|
143.6
|
184.8
|
221.1
|
252.5
|
303.7
|
356.2
|
...
|
1,615.9
|
|
1996
|
.5
|
12.4
|
47.2
|
94.1
|
152.1
|
201.6
|
242.7
|
281.3
|
331.8
|
376.0
|
...
|
1,739.8
|
|
1997
|
.5
|
11.6
|
45.9
|
92.6
|
155.1
|
213.0
|
256.7
|
308.2
|
361.6
|
395.1
|
...
|
1,840.4
|
|
1998
|
.4
|
11.7
|
44.9
|
91.7
|
160.3
|
226.1
|
275.0
|
334.3
|
394.8
|
420.5
|
...
|
1,959.7
|
|
1999
|
.5
|
12.6
|
43.9
|
89.9
|
164.3
|
238.2
|
294.7
|
362.6
|
426.3
|
443.1
|
...
|
2,076.0
|
|
2000
|
.6
|
14.3
|
43.2
|
89.7
|
164.9
|
246.8
|
312.5
|
391.5
|
451.6
|
468.8
|
...
|
2,183.7
|
|
2001
|
.7
|
17.3
|
45.7
|
92.5
|
165.8
|
256.6
|
332.5
|
416.8
|
489.9
|
502.2
|
...
|
2,320.1
|
|
2002
|
.7
|
20.9
|
50.6
|
95.5
|
167.6
|
266.6
|
353.5
|
438.8
|
531.7
|
546.3
|
...
|
2,472.3
|
|
2003
|
.7
|
22.6
|
55.9
|
99.8
|
169.5
|
277.7
|
375.3
|
465.2
|
570.5
|
593.6
|
16.5
|
2,647.2
|
|
2004
|
.6
|
22.9
|
61.4
|
103.8
|
169.6
|
286.7
|
394.6
|
494.8
|
616.5
|
638.3
|
35.4
|
2,824.5
|
|
2005
|
.9
|
23.4
|
66.5
|
105.5
|
173.5
|
289.4
|
409.5
|
521.8
|
662.7
|
674.9
|
56.9
|
2,985.0
|
|
2006
|
.9
|
22.9
|
69.9
|
107.2
|
177.4
|
287.3
|
420.3
|
545.7
|
694.4
|
723.3
|
82.5
|
3,131.8
|
|
2007
|
.9
|
22.4
|
71.8
|
110.8
|
179.8
|
284.3
|
427.3
|
566.4
|
716.5
|
775.1
|
115.7
|
3,271.0
|
|
2008
|
1.0
|
22.7
|
73.1
|
115.3
|
181.5
|
280.5
|
433.8
|
584.8
|
742.9
|
822.2
|
148.5
|
3,406.4
|
|
2009
|
1.3
|
24.1
|
74.1
|
121.5
|
182.7
|
278.1
|
438.8
|
602.9
|
775.1
|
877.3
|
148.7
|
3,524.6
|
|
2010
|
1.2
|
24.8
|
73.5
|
126.9
|
181.4
|
280.3
|
437.1
|
618.6
|
807.4
|
933.2
|
153.1
|
3,637.5
|
|
2011
|
.9
|
24.5
|
72.1
|
130.5
|
180.8
|
284.0
|
431.0
|
631.8
|
840.6
|
975.3
|
176.6
|
3,748.0
|
|
2012
|
.8
|
24.3
|
71.2
|
132.7
|
183.3
|
286.3
|
424.4
|
640.9
|
871.7
|
1,008.5
|
195.9
|
3,839.9
|
|
2013
|
.7
|
24.2
|
71.2
|
133.5
|
187.7
|
286.8
|
417.9
|
649.2
|
899.9
|
1,048.2
|
199.9
|
3,919.2
|
|
2014
|
.7
|
23.9
|
71.7
|
132.9
|
193.7
|
284.9
|
413.3
|
653.6
|
925.9
|
1,094.1
|
206.5
|
4,001.1
|
|
Total
|
||||||||||||
|
1980
|
1.5
|
29.2
|
81.2
|
124.3
|
136.3
|
164.5
|
247.9
|
410.3
|
699.4
|
961.8
|
...
|
2,856.4
|
|
1985
|
.7
|
27.2
|
86.6
|
138.7
|
178.0
|
191.3
|
225.6
|
341.6
|
577.1
|
886.3
|
...
|
2,653.1
|
|
1990
|
1.3
|
28.1
|
100.0
|
188.1
|
253.5
|
305.8
|
325.8
|
392.9
|
579.4
|
831.8
|
...
|
3,006.7
|
|
1995
|
1.3
|
36.8
|
126.0
|
250.8
|
384.7
|
480.4
|
566.0
|
623.2
|
764.6
|
945.3
|
...
|
4,179.3
|
|
1996
|
1.2
|
32.4
|
122.8
|
245.1
|
394.7
|
508.9
|
605.9
|
677.6
|
813.9
|
975.7
|
...
|
4,378.3
|
|
1997
|
1.2
|
29.9
|
115.1
|
232.2
|
388.4
|
521.5
|
619.3
|
725.4
|
865.3
|
1,002.4
|
...
|
4,500.7
|
|
1998
|
1.2
|
29.9
|
109.7
|
224.1
|
391.0
|
543.6
|
649.1
|
774.9
|
924.4
|
1,043.2
|
...
|
4,690.9
|
|
1999
|
1.3
|
31.6
|
104.7
|
214.4
|
391.0
|
561.8
|
681.2
|
830.2
|
977.9
|
1,076.2
|
...
|
4,870.2
|
|
2000
|
1.5
|
35.1
|
100.7
|
208.5
|
383.2
|
572.7
|
710.5
|
886.1
|
1,021.4
|
1,116.0
|
...
|
5,035.6
|
|
2001
|
1.8
|
42.6
|
104.9
|
209.2
|
377.4
|
585.7
|
744.9
|
932.6
|
1,093.5
|
1,175.3
|
...
|
5,267.8
|
|
2002
|
1.9
|
51.5
|
113.8
|
211.0
|
373.3
|
597.8
|
783.6
|
968.4
|
1,179.4
|
1,258.7
|
...
|
5,539.4
|
|
2003
|
1.7
|
55.0
|
125.3
|
215.8
|
371.2
|
612.4
|
823.3
|
1,016.8
|
1,258.9
|
1,349.9
|
38.2
|
5,868.6
|
|
2004
|
1.5
|
55.2
|
137.0
|
220.0
|
366.3
|
622.5
|
857.1
|
1,068.3
|
1,353.8
|
1,434.7
|
81.8
|
6,198.2
|
|
2005
|
2.0
|
55.9
|
148.3
|
221.0
|
369.1
|
619.6
|
881.0
|
1,116.0
|
1,445.6
|
1,503.1
|
128.2
|
6,489.8
|
|
2006
|
2.0
|
54.4
|
155.8
|
222.7
|
371.4
|
608.1
|
895.9
|
1,158.6
|
1,502.5
|
1,597.0
|
183.9
|
6,752.2
|
|
2007
|
2.1
|
52.7
|
160.3
|
228.7
|
371.6
|
594.5
|
901.9
|
1,197.1
|
1,534.7
|
1,699.2
|
254.6
|
6,997.4
|
|
2008
|
2.3
|
52.8
|
162.7
|
237.6
|
370.5
|
580.9
|
906.0
|
1,229.9
|
1,578.2
|
1,791.1
|
323.1
|
7,235.2
|
|
2009
|
2.9
|
55.4
|
164.2
|
250.1
|
369.0
|
571.1
|
908.2
|
1,260.3
|
1,633.6
|
1,900.4
|
322.5
|
7,437.7
|
|
2010
|
2.8
|
56.7
|
162.4
|
260.8
|
363.4
|
569.9
|
897.4
|
1,285.1
|
1,691.5
|
2,009.2
|
330.7
|
7,629.9
|
|
2011
|
2.2
|
56.3
|
158.5
|
268.1
|
360.2
|
571.1
|
878.9
|
1,304.4
|
1,753.1
|
2,084.9
|
378.8
|
7,816.4
|
|
2012
|
1.9
|
56.0
|
155.6
|
272.6
|
363.5
|
570.5
|
859.2
|
1,315.4
|
1,812.1
|
2,138.6
|
417.8
|
7,963.1
|
|
2013
|
1.8
|
55.9
|
154.6
|
273.8
|
371.4
|
566.6
|
840.7
|
1,323.9
|
1,864.2
|
2,207.6
|
423.3
|
8,083.8
|
|
2014
|
1.8
|
55.5
|
155.1
|
271.8
|
382.4
|
558.5
|
826.2
|
1,325.3
|
1,909.5
|
2,289.8
|
436.0
|
8,211.9
|
| 1See Glossary for definition of "Normal retirement age—NRA." |
Sources:
Note: Future estimates based on 2005 Trustees Report intermediate set of assumptions.