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.E23—Current-Payment Benefits to Special Age-72 Beneficiaries
(Calendar years 1975-2000, and calendar quarters 2001-10)
[Numbers in thousands, amounts in millions]
Calendar period
In current-payment status
at midpoint of period
Total current-payment
benefits during period
  Number
  Average benefit
  Rate
  Amount
1975
248.5
$66.14
12.041
$197.9
1976
204.7
70.98
12.039
174.9
1977
173.6
75.46
12.013
157.4
1978
146.3
80.32
12.026
141.4
1979
122.9
87.09
12.010
128.6
1980
102.0
97.82
12.011
119.9
1981
84.0
110.29
12.026
111.4
1982
69.5
120.46
12.008
100.5
1983
56.6
124.81
12.038
85.1
1984
45.6
129.51
12.045
71.2
1985
35.7
134.05
12.081
57.8
1986
28.0
138.00
12.068
46.7
1987
21.7
139.66
12.081
36.6
1988
16.3
145.32
12.108
28.7
1989
12.0
151.07
12.107
22.0
1990
8.7
158.17
12.105
16.7
1991
6.3
166.63
12.116
12.7
1992
4.4
172.62
12.089
9.2
1993
3.0
177.78
12.133
6.5
1994
2.0
182.36
12.223
4.4
1995
1.3
187.27
12.129
3.0
1996
.8
192.03
12.220
1.9
1997
.5
197.37
12.160
1.2
1998
.3
201.54
12.104
.8
1999
.2
203.92
12.145
.5
2000
.1
210.21
12.356
.3
2001-I
.1
217.22
3.000
.1
2001-II
.1
217.23
3.000
(1)
2001-III
.1
217.23
3.000
(1)
2001-IV
(2)
217.24
3.000
(1)
2002-I
(2)
223.32
3.000
(1)
2002-II
(2)
223.33
3.000
(1)
2002-III
(2)
223.34
3.000
(1)
2002-IV
(2)
223.34
0.000
(1)
2003-I
(2)
229.73
0.000
(1)
2003-II
(2)
229.73
0.000
(1)
2003-III
(2)
229.74
0.000
(1)
2003-IV
(2)
229.74
0.000
(1)
2004-I
(2)
236.63
0.000
(1)
2004-II
(2)
236.63
0.000
(1)
2004-III
(2)
236.64
0.000
(1)
2004-IV
(2)
236.64
0.000
(1)
2005-I
(2)
243.93
0.000
(1)
2005-II
(2)
243.93
0.000
(1)
2005-III
(2)
243.94
0.000
(1)
2005-IV
(2)
243.94
0.000
(1)
2006-I
(2)
251.72
0.000
(1)
2006-II
(2)
251.73
0.000
(1)
2006-III
(2)
251.73
0.000
(1)
2006-IV
(2)
251.74
0.000
(1)
2007-I
(2)
260.02
0.000
(1)
2007-II
(2)
260.03
0.000
(1)
2007-III
(2)
260.03
0.000
(1)
2007-IV
(2)
260.04
0.000
(1)
2008-I
(2)
268.62
0.000
(1)
2008-II
(2)
268.62
0.000
(1)
2008-III
(2)
268.63
0.000
(1)
2008-IV
(2)
268.63
0.000
(1)
2009-I
(2)
277.42
0.000
(1)
2009-II
(2)
277.42
0.000
(1)
2009-III
(2)
277.43
0.000
(1)
2009-IV
(2)
277.43
0.000
(1)
2010-I
(2)
286.51
0.000
(1)
2010-II
(2)
286.52
0.000
(1)
2010-III
(2)
286.52
0.000
(1)
2010-IV
(2)
286.53
0.000
(1)

1 Less than $50,000.

2 Fewer than 50.

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