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.E19—Current-Payment Benefits to Aged Widows and Widowers of Deceased Workers
(Calendar years 1975-2000, and calendar quarters 2001-10)
[Numbers in thousands, amounts in millions]
Calendar
period
Aged widows of deceased workers
Aged widowers of deceased workers
Total aged widows and widowers
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
3,718.8
$185.55
12.004
$8,282.8
3.1
$171.02
11.974
$6.3
3,721.9
$185.54
12.004
$8,289.1
1976
3,820.2
201.34
11.997
9,227.6
3.1
185.23
11.963
6.8
3,823.3
201.32
11.997
9,234.5
1977
3,915.5
216.52
12.009
10,180.9
4.2
188.21
15.731
12.4
3,919.7
216.49
12.012
10,193.3
1978
4,005.8
232.67
12.026
11,208.0
13.9
181.37
11.842
29.8
4,019.6
232.49
12.025
11,237.8
1979
4,114.5
255.98
12.004
12,643.3
16.6
198.66
11.962
39.4
4,131.1
255.75
12.004
12,682.7
1980
4,207.2
290.45
12.015
14,682.2
19.1
224.29
11.968
51.3
4,226.3
290.15
12.015
14,733.6
1981
4,299.9
330.52
12.019
17,081.0
21.4
253.07
12.002
65.0
4,321.4
330.14
12.019
17,146.0
1982
4,398.0
364.51
12.012
19,256.9
23.7
276.69
12.008
78.8
4,421.7
364.04
12.012
19,335.7
1983
4,494.1
381.31
12.010
20,581.0
26.6
285.66
11.944
90.7
4,520.7
380.74
12.010
20,671.6
1984
4,585.7
399.44
12.013
22,004.8
28.5
296.11
12.012
101.3
4,614.2
398.80
12.013
22,106.1
1985
4,666.8
418.29
12.020
23,463.5
29.5
307.16
12.049
109.3
4,696.3
417.59
12.020
23,572.8
1986
4,740.2
436.52
12.020
24,872.5
30.5
319.87
12.180
119.0
4,770.7
435.77
12.021
24,991.5
1987
4,806.8
447.31
12.013
25,830.6
32.4
326.37
12.001
126.8
4,839.2
446.50
12.013
25,957.4
1988
4,856.2
471.51
12.008
27,494.0
32.6
343.53
12.019
134.8
4,888.8
470.65
12.008
27,628.7
1989
4,899.2
496.05
12.004
29,171.8
33.0
361.93
12.009
143.3
4,932.1
495.15
12.004
29,315.1
1990
4,944.9
525.53
12.001
31,186.7
33.6
384.15
12.010
155.1
4,978.5
524.57
12.001
31,341.7
1991
4,982.6
560.23
11.999
33,493.1
34.6
410.07
11.984
170.2
5,017.2
559.20
11.999
33,663.2
1992
5,013.3
587.48
11.997
35,333.8
35.8
429.14
11.977
184.0
5,049.1
586.36
11.997
35,517.8
1993
5,025.7
611.94
12.006
36,921.9
37.0
446.70
11.971
197.9
5,062.7
610.74
12.005
37,119.8
1994
5,023.0
634.92
12.005
38,286.3
37.4
464.46
12.008
208.7
5,060.4
633.66
12.005
38,495.0
1995
5,012.5
659.90
12.006
39,712.8
37.5
484.47
12.016
218.2
5,050.0
658.59
12.006
39,931.0
1996
4,988.7
684.47
12.007
41,000.6
37.7
502.64
11.999
227.3
5,026.4
683.11
12.007
41,227.9
1997
4,963.0
712.11
11.906
42,078.7
37.9
522.77
11.781
233.6
5,000.9
710.67
11.906
42,312.3
1998
4,778.3
736.33
12.007
42,244.2
35.8
537.81
11.986
231.0
4,814.2
734.85
12.006
42,475.2
1999
4,716.6
753.86
12.009
42,699.2
36.0
553.29
11.960
238.0
4,752.5
752.35
12.009
42,937.2
2000
4,678.2
779.98
11.994
43,765.7
36.4
578.07
11.970
251.5
4,714.6
778.43
11.994
44,017.2
2001-I
4,646.8
812.37
3.000
11,324.8
36.8
607.27
3.000
67.0
4,683.6
810.76
3.000
11,391.9
2001-II
4,644.3
814.37
3.000
11,346.6
36.8
609.31
3.000
67.3
4,681.1
812.76
3.000
11,413.9
2001-III
4,652.8
816.38
3.000
11,395.2
37.0
610.73
3.000
67.8
4,689.7
814.76
3.000
11,463.0
2001-IV
4,650.7
818.38
3.000
11,418.1
37.1
612.15
3.000
68.2
4,687.8
816.75
3.000
11,486.3
2002-I
4,629.1
843.37
3.000
11,712.1
37.1
630.46
3.000
70.2
4,666.2
841.68
3.000
11,782.3
2002-II
4,628.9
845.47
3.000
11,740.6
37.3
633.54
3.000
70.9
4,666.2
843.77
3.000
11,811.5
2002-III
4,639.5
847.56
3.000
11,796.9
37.7
635.99
3.000
71.9
4,677.2
845.86
3.000
11,868.7
2002-IV
4,639.6
849.66
3.000
11,826.3
37.9
638.44
3.000
72.6
4,677.5
847.95
3.000
11,899.0
2003-I
4,619.2
876.45
3.000
12,145.5
38.0
658.78
3.000
75.1
4,657.2
874.67
3.000
12,220.6
2003-II
4,618.1
878.56
3.000
12,171.8
38.2
661.86
3.000
75.9
4,656.3
876.79
3.000
12,247.7
2003-III
4,627.8
880.68
3.000
12,226.8
38.6
664.27
3.000
76.9
4,666.4
878.89
3.000
12,303.8
2003-IV
4,626.9
882.80
3.000
12,253.8
38.9
666.68
3.000
77.8
4,665.8
881.00
3.000
12,331.6
2004-I
4,606.1
911.49
3.000
12,595.3
39.0
688.44
3.000
80.5
4,645.1
909.62
3.000
12,675.8
2004-II
4,605.8
913.75
3.000
12,625.5
39.2
691.51
3.000
81.3
4,644.9
911.87
3.000
12,706.8
2004-III
4,616.2
916.01
3.000
12,685.5
39.5
693.89
3.000
82.3
4,655.7
914.12
3.000
12,767.7
2004-IV
4,616.0
918.26
3.000
12,716.2
39.8
696.27
3.000
83.1
4,655.8
916.37
3.000
12,799.3
2005-I
4,595.7
949.07
3.000
13,084.9
39.8
719.57
3.000
85.9
4,635.5
947.10
3.000
13,170.8
2005-II
4,594.9
951.44
3.000
13,115.4
39.9
722.71
3.000
86.6
4,634.9
949.47
3.000
13,202.0
2005-III
4,605.0
953.81
3.000
13,176.7
40.2
725.12
3.000
87.5
4,645.2
951.83
3.000
13,264.2
2005-IV
4,604.3
956.17
3.000
13,207.5
40.4
727.54
3.000
88.2
4,644.7
954.18
3.000
13,295.7
2006-I
4,584.5
989.24
3.000
13,605.6
40.4
752.59
3.000
91.3
4,624.9
987.17
3.000
13,696.8
2006-II
4,586.3
991.77
3.000
13,645.5
40.7
755.92
3.000
92.3
4,627.0
989.69
3.000
13,737.8
2006-III
4,598.7
994.29
3.000
13,717.4
41.1
758.49
3.000
93.5
4,639.8
992.20
3.000
13,810.9
2006-IV
4,600.4
996.82
3.000
13,757.2
41.4
761.07
3.000
94.6
4,641.8
994.71
3.000
13,851.8
2007-I
4,583.4
1,032.39
3.000
14,195.7
41.6
788.15
3.000
98.3
4,625.0
1,030.19
3.000
14,294.0
2007-II
4,589.0
1,035.20
3.000
14,251.6
42.0
791.89
3.000
99.9
4,631.1
1,032.99
3.000
14,351.5
2007-III
4,605.3
1,038.01
3.000
14,340.9
42.6
794.84
3.000
101.6
4,647.9
1,035.78
3.000
14,442.5
2007-IV
4,610.6
1,040.82
3.000
14,396.3
43.1
797.79
3.000
103.2
4,653.7
1,038.57
3.000
14,499.5
2008-I
4,596.5
1,078.11
3.000
14,866.6
43.4
826.34
3.000
107.5
4,639.9
1,075.76
3.000
14,974.1
2008-II
4,603.6
1,081.13
3.000
14,931.4
43.8
830.23
3.000
109.0
4,647.4
1,078.77
3.000
15,040.4
2008-III
4,621.4
1,084.16
3.000
15,030.9
44.3
833.29
3.000
110.8
4,665.7
1,081.77
3.000
15,141.8
2008-IV
4,628.2
1,087.18
3.000
15,095.0
44.8
836.35
3.000
112.4
4,672.9
1,084.78
3.000
15,207.3
2009-I
4,615.3
1,126.22
3.000
15,593.7
45.0
866.25
3.000
116.9
4,660.3
1,123.71
3.000
15,710.6
2009-II
4,623.4
1,129.47
3.000
15,666.1
45.4
870.32
3.000
118.4
4,668.8
1,126.95
3.000
15,784.5
2009-III
4,642.3
1,132.71
3.000
15,775.1
45.9
873.51
3.000
120.3
4,688.2
1,130.18
3.000
15,895.3
2009-IV
4,650.0
1,135.96
3.000
15,846.7
46.3
876.71
3.000
121.8
4,696.3
1,133.40
3.000
15,968.5
2010-I
4,637.3
1,176.81
3.000
16,371.6
46.5
908.05
3.000
126.7
4,683.8
1,174.15
3.000
16,498.2
2010-II
4,644.0
1,180.22
3.000
16,442.6
46.9
912.32
3.000
128.4
4,690.9
1,177.54
3.000
16,571.0
2010-III
4,661.4
1,183.62
3.000
16,551.9
47.5
915.69
3.000
130.4
4,708.9
1,180.92
3.000
16,682.4
2010-IV
4,667.7
1,187.02
3.000
16,621.9
47.9
919.05
3.000
132.2
4,715.6
1,184.30
3.000
16,754.0

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.

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December 26, 2001