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.E30—Average Reduced Secondary Benefits for OASI Beneficiaries Receiving Both a
Retired-Worker and Secondary Benefit, by Type of Secondary Benefit
(By gender, end of calendar years 1975-2010)
Year
Spouses of retired workers
Widow(er)s of deceased workers
Parents of deceased workers
  Average
benefit of
non-dually-entitled
beneficiaries
  Average
secondary
benefit of
dually-entitled
beneficiaries
  Ratio
  Average
benefit of
non-dually-entitled
beneficiaries
  Average
secondary
benefit of
dually-entitled
beneficiaries
  Ratio
  Average
benefit of
non-dually-entitled
beneficiaries
  Average
secondary
benefit of
dually-entitled
beneficiaries
  Ratio
Male
1975
$99.07
$30.85
0.3114
$178.27
$89.89
0.5042
$153.07
$82.72
0.5404
1980
132.07
42.56
.3222
239.36
91.24
.3812
248.32
102.61
.4132
1985
169.11
67.30
.3971
317.81
123.92
.3899
351.25
157.51
.4484
1986
170.01
67.94
.3989
325.53
125.21
.3846
360.76
157.77
.4373
1987
175.87
73.91
.4195
341.52
137.02
.4012
384.19
173.88
.4526
1988
181.49
77.35
.4255
359.48
142.78
.3972
411.40
183.05
.4450
1989
189.14
81.81
.4320
381.95
150.67
.3945
440.08
195.79
.4449
1990
198.22
87.32
.4399
408.40
159.47
.3905
471.40
211.98
.4497
1991
203.37
89.21
.4382
427.96
165.91
.3877
499.15
218.14
.4370
1992
208.22
92.42
.4434
443.62
170.62
.3846
517.81
231.97
.4480
1993
212.09
97.19
.4579
461.48
175.73
.3808
533.06
251.22
.4713
1994
216.38
101.25
.4676
481.36
181.66
.3774
560.42
271.89
.4852
1995
220.81
102.86
.4655
500.19
185.82
.3715
577.89
288.83
.4998
1996
225.68
106.11
.4699
520.66
192.33
.3694
601.21
308.88
.5138
1997
228.78
109.73
.4794
534.52
196.61
.3678
619.30
323.38
.5222
1998
230.48
110.36
.4787
549.10
201.45
.3669
623.53
345.00
.5533
1999
234.53
111.00
.4732
572.42
206.49
.3607
642.26
369.07
.5746
2000
242.75
112.70
.4642
606.86
213.78
.3523
669.83
393.36
.5873
2001
248.44
116.69
.4696
629.64
222.08
.3527
697.88
408.80
.5858
2002
254.66
120.96
.4749
657.98
232.09
.3527
732.13
429.95
.5873
2003
261.36
125.49
.4800
687.65
242.34
.3524
768.29
453.90
.5908
2004
268.37
130.22
.4851
718.77
252.91
.3519
807.61
481.15
.5958
2005
275.72
135.16
.4901
751.73
263.94
.3511
849.38
511.09
.6017
2006
283.62
140.42
.4950
787.17
275.68
.3502
893.45
543.56
.6084
2007
291.87
145.92
.4999
825.32
288.21
.3492
940.48
578.88
.6155
2008
300.28
151.56
.5047
865.19
301.18
.3481
988.68
615.93
.6230
2009
308.82
157.32
.5094
906.93
314.64
.3469
1,039.52
655.61
.6307
2010
317.72
163.33
.5141
950.75
328.68
.3457
1,093.23
698.08
.6385
Female
1975
105.24
30.85
.2863
193.92
89.89
.4635
172.73
82.72
.4789
1980
172.42
58.90
.3346
311.51
147.81
.4745
277.41
146.68
.5288
1985
247.28
99.07
.3957
433.92
219.54
.5060
379.77
208.90
.5501
1986
252.74
103.11
.4032
444.89
229.32
.5154
388.41
214.71
.5528
1987
265.45
109.51
.4080
468.93
244.60
.5216
408.76
225.88
.5526
1988
278.07
115.74
.4119
493.42
261.00
.5290
429.52
240.22
.5593
1989
293.80
123.28
.4154
522.64
279.70
.5352
454.46
256.69
.5648
1990
312.35
131.55
.4171
557.39
301.60
.5411
483.02
276.06
.5715
1991
326.23
137.76
.4184
584.53
319.76
.5470
506.63
292.57
.5775
1992
338.04
142.87
.4189
608.74
336.60
.5529
527.15
301.14
.5713
1993
348.85
147.00
.4178
631.72
352.71
.5583
548.39
315.84
.5759
1994
360.64
151.06
.4154
656.55
369.89
.5634
570.36
332.22
.5825
1995
372.04
154.85
.4129
681.20
386.85
.5679
592.12
343.23
.5797
1996
385.20
158.95
.4100
708.26
405.12
.5720
614.80
357.21
.5810
1997
394.85
161.78
.4073
732.45
420.78
.5745
637.36
372.22
.5840
1998
401.79
163.41
.4045
750.25
433.22
.5774
653.79
390.52
.5973
1999
413.11
167.00
.4022
776.07
449.81
.5796
677.24
408.48
.6032
2000
431.43
173.37
.3999
811.78
471.45
.5808
707.47
433.80
.6132
2001
447.43
177.06
.3939
842.67
495.21
.5877
733.15
450.99
.6151
2002
464.97
182.12
.3900
875.74
520.55
.5944
760.47
469.65
.6176
2003
483.51
189.33
.3900
910.74
547.36
.6010
789.68
489.88
.6204
2004
503.08
196.95
.3900
948.28
576.05
.6075
821.37
512.03
.6234
2005
523.99
205.07
.3900
988.40
602.92
.6100
855.79
536.25
.6266
2006
546.49
213.83
.3900
1,031.45
629.18
.6100
893.25
562.72
.6300
2007
570.39
223.18
.3900
1,077.10
657.03
.6100
933.11
591.05
.6334
2008
595.55
233.02
.3900
1,125.14
686.34
.6100
975.60
621.40
.6369
2009
622.28
243.48
.3900
1,175.68
717.16
.6100
1,020.41
653.06
.6400
2010
650.03
254.33
.3900
1,228.54
749.41
.6100
1,068.00
683.52
.6400

Sources:

Average benefit of non-dually entitled aged spouses, aged widow(er)s, and parents shown earlier.

Historical average secondary benefits of dually-entitled beneficiaries, by type, are from 1-A Table Current-Payment Supplement. Future figures are computed by applying the corresponding ratio to the average benefit of non-dually-entitled beneficiaries.

Historical ratios of average secondary benefits to average benefits of non-dually-entitled beneficiaries, by type, are computed by division of corresponding figures. Future figures are projected by regression.

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


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December 26, 2001