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.E17—Current-Payment Benefits to Children of Deceased Workers
(Calendar years 1975-2000, and calendar quarters 2001-10)
[Numbers in thousands, amounts in millions]
Calendar
period
Minor children of deceased workers
Disabled children of deceased workers
Student children of deceased workers
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
2,243.6
$128.74
11.866
$3,427.3
213.3
$136.33
11.699
$340.3
472.5
$151.48
11.361
$813.2
1976
2,189.8
141.37
11.881
3,678.1
223.2
147.94
11.899
392.9
484.2
161.02
12.174
949.1
1977
2,108.8
155.93
12.069
3,968.5
237.9
159.32
12.005
455.0
499.0
169.65
12.306
1,041.9
1978
2,067.7
169.39
11.935
4,180.1
249.6
169.63
11.924
504.8
488.4
191.35
12.263
1,146.0
1979
2,003.1
189.74
11.958
4,544.9
259.8
185.92
11.944
576.9
479.6
212.90
12.059
1,231.2
1980
1,929.9
218.03
11.980
5,041.0
270.7
210.97
11.957
682.9
464.4
245.03
12.301
1,399.9
1981
1,848.6
250.22
11.979
5,540.9
281.8
240.18
11.964
809.8
494.7
282.19
11.762
1,642.2
1982
1,763.3
279.30
12.000
5,910.1
292.0
265.20
11.969
926.8
146.3
290.50
25.528
1,084.6
1983
1,687.4
293.81
11.993
5,945.9
304.2
277.38
11.935
1,007.0
103.0
267.17
24.081
663.0
1984
1,616.8
308.28
11.998
5,980.1
316.4
290.57
11.937
1,097.4
98.4
268.91
16.632
440.3
1985
1,558.3
321.65
11.985
6,007.3
329.6
304.20
11.938
1,197.0
82.3
314.88
12.111
313.9
1986
1,508.8
333.46
11.976
6,025.6
342.6
317.09
11.945
1,297.6
84.1
364.82
9.306
285.5
1987
1,461.7
339.12
11.987
5,941.8
355.1
324.53
11.949
1,376.9
82.5
380.12
9.386
294.3
1988
1,413.8
354.19
11.986
6,002.0
365.4
341.81
11.966
1,494.4
82.4
405.80
9.221
308.4
1989
1,367.5
367.62
11.989
6,027.1
375.0
359.25
11.973
1,613.1
83.2
427.66
8.999
320.1
1990
1,344.6
383.52
11.981
6,178.2
385.4
379.90
11.958
1,750.7
80.1
447.09
9.294
332.8
1991
1,338.7
402.87
11.977
6,459.6
395.5
404.42
11.964
1,913.6
73.8
470.63
9.729
337.8
1992
1,346.3
415.88
11.966
6,699.5
407.3
423.43
11.964
2,063.4
71.5
487.63
10.072
351.3
1993
1,353.2
426.62
11.977
6,914.5
420.1
440.26
11.972
2,214.5
76.5
501.94
9.683
371.7
1994
1,372.4
436.73
11.973
7,175.9
431.6
455.73
11.983
2,357.0
73.3
514.89
9.792
369.5
1995
1,387.0
448.28
11.974
7,445.0
442.0
472.85
11.984
2,504.3
72.6
530.60
9.787
377.2
1996
1,399.3
464.13
11.957
7,765.8
450.7
489.58
11.984
2,644.5
69.0
546.79
10.851
409.5
1997
1,392.0
479.50
11.971
7,990.0
458.4
508.31
11.986
2,792.7
70.6
558.08
10.271
404.8
1998
1,374.9
491.72
11.981
8,100.1
465.8
523.53
11.991
2,924.2
71.0
569.30
10.317
416.9
1999
1,364.4
501.29
11.973
8,188.5
471.9
535.12
11.993
3,028.1
68.7
580.79
10.166
405.3
2000
1,353.8
517.88
11.985
8,403.2
477.8
552.74
11.993
3,167.3
65.5
600.04
10.563
415.0
2001-I
1,346.2
538.66
3.000
2,175.5
481.1
574.97
3.000
829.9
59.4
631.07
3.000
112.4
2001-II
1,346.6
538.96
3.000
2,177.2
483.3
575.78
3.000
834.8
76.5
636.61
3.000
146.1
2001-III
1,345.6
541.42
3.000
2,185.7
485.4
576.59
3.000
839.6
39.9
626.98
3.000
75.0
2001-IV
1,343.5
542.80
3.000
2,187.8
487.4
577.41
3.000
844.2
43.0
623.63
3.000
80.5
2002-I
1,339.9
559.48
3.000
2,248.9
489.4
594.39
3.000
872.6
60.1
656.18
3.000
118.3
2002-II
1,340.0
559.95
3.000
2,250.9
491.4
595.17
3.000
877.4
77.2
662.64
3.000
153.6
2002-III
1,338.8
562.66
3.000
2,259.8
493.4
595.95
3.000
882.1
40.2
653.31
3.000
78.8
2002-IV
1,336.4
564.25
3.000
2,262.1
495.3
596.73
3.000
886.7
43.3
650.51
3.000
84.5
2003-I
1,332.2
582.31
3.000
2,327.3
497.2
614.85
3.000
917.2
60.4
685.68
3.000
124.3
2003-II
1,331.1
582.97
3.000
2,328.0
499.2
615.70
3.000
922.1
77.9
692.67
3.000
161.9
2003-III
1,328.8
585.96
3.000
2,335.9
501.1
616.54
3.000
926.9
40.6
683.15
3.000
83.3
2003-IV
1,325.3
587.79
3.000
2,337.0
503.0
617.39
3.000
931.6
43.9
680.45
3.000
89.6
2004-I
1,320.3
607.37
3.000
2,405.7
504.8
636.79
3.000
964.4
61.4
718.05
3.000
132.2
2004-II
1,319.1
608.21
3.000
2,406.8
506.7
637.71
3.000
969.4
78.9
725.21
3.000
171.6
2004-III
1,316.6
611.50
3.000
2,415.3
508.6
638.62
3.000
974.3
41.0
715.10
3.000
88.0
2004-IV
1,312.9
613.56
3.000
2,416.7
510.3
639.53
3.000
979.0
44.2
712.12
3.000
94.4
2005-I
1,307.7
634.77
3.000
2,490.2
512.1
660.31
3.000
1,014.4
61.7
752.17
3.000
139.2
2005-II
1,305.8
635.79
3.000
2,490.6
513.9
661.29
3.000
1,019.5
79.4
759.91
3.000
180.9
2005-III
1,302.6
639.37
3.000
2,498.6
515.6
662.28
3.000
1,024.5
41.3
749.54
3.000
92.9
2005-IV
1,298.4
641.66
3.000
2,499.3
517.3
663.26
3.000
1,029.3
44.5
746.64
3.000
99.8
2006-I
1,292.4
664.61
3.000
2,576.8
519.0
685.51
3.000
1,067.3
62.3
789.38
3.000
147.5
2006-II
1,289.5
665.75
3.000
2,575.5
520.7
686.57
3.000
1,072.6
80.3
796.97
3.000
192.0
2006-III
1,285.5
669.56
3.000
2,582.1
522.4
687.63
3.000
1,077.7
41.9
785.57
3.000
98.8
2006-IV
1,280.3
672.04
3.000
2,581.2
524.0
688.69
3.000
1,082.7
45.3
782.02
3.000
106.3
2007-I
1,273.3
696.79
3.000
2,661.6
525.7
712.52
3.000
1,123.6
63.5
827.24
3.000
157.6
2007-II
1,269.0
698.01
3.000
2,657.4
527.4
713.65
3.000
1,129.1
82.1
835.24
3.000
205.8
2007-III
1,263.6
702.03
3.000
2,661.2
529.0
714.78
3.000
1,134.4
43.0
823.33
3.000
106.1
2007-IV
1,257.0
704.64
3.000
2,657.2
530.5
715.91
3.000
1,139.5
46.5
819.66
3.000
114.4
2008-I
1,248.8
730.62
3.000
2,737.1
532.1
740.72
3.000
1,182.5
65.3
867.04
3.000
169.9
2008-II
1,243.5
731.90
3.000
2,730.3
533.8
741.93
3.000
1,188.1
84.3
875.31
3.000
221.5
2008-III
1,237.0
736.12
3.000
2,731.8
535.4
743.14
3.000
1,193.6
44.0
862.73
3.000
114.0
2008-IV
1,229.5
738.87
3.000
2,725.2
536.9
744.35
3.000
1,198.9
47.6
858.76
3.000
122.7
2009-I
1,220.6
766.11
3.000
2,805.4
538.4
770.18
3.000
1,244.0
66.6
908.17
3.000
181.6
2009-II
1,215.5
767.44
3.000
2,798.5
540.0
771.48
3.000
1,249.8
85.6
916.32
3.000
235.2
2009-III
1,209.2
771.85
3.000
2,799.9
541.6
772.77
3.000
1,255.5
44.5
902.65
3.000
120.5
2009-IV
1,201.8
774.73
3.000
2,793.2
543.0
774.06
3.000
1,260.9
47.9
898.02
3.000
129.0
2010-I
1,193.3
803.26
3.000
2,875.6
544.4
800.96
3.000
1,308.2
66.6
949.30
3.000
189.8
2010-II
1,188.6
804.63
3.000
2,869.2
546.0
802.34
3.000
1,314.1
85.3
957.70
3.000
245.1
2010-III
1,182.8
809.23
3.000
2,871.5
547.4
803.72
3.000
1,319.9
44.2
943.29
3.000
125.2
2010-IV
1,176.0
812.21
3.000
2,865.4
548.8
805.09
3.000
1,325.5
47.5
938.33
3.000
133.7

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.

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

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December 26, 2001