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. |
|
|
|
III. BENEFIT PAYMENTS
B. NUMBER OF OLD-AGE AND SURVIVORS INSURANCE (OASI) BENEFICIARIES
Table III.B43—Student Children of Deceased Workers With Benefits In Force, Awarded, Terminated, Withheld, and In Current-Payment Status
(Calendar years 1975-2010)
[Numbers in thousands]
Year |
In force beginning of period
|
Awards |
Number of gross terminations
|
|
Withheld |
In current-payment status, end of period
|
Percent of population age 18-20
|
|
|
|
1975 |
466.9 |
2.27 |
289.9 |
242.4 |
514.4 |
4.00 |
20.6 |
493.8 |
|
514.4 |
2.39 |
309.3 |
284.7 |
539.0 |
2.92 |
15.7 |
523.3 |
|
539.0 |
2.52 |
326.9 |
327.0 |
538.9 |
1.99 |
10.7 |
528.2 |
|
538.9 |
2.35 |
305.9 |
309.1 |
535.6 |
7.17 |
38.4 |
497.3 |
|
535.6 |
2.38 |
310.2 |
321.0 |
524.8 |
7.69 |
40.4 |
484.5 |
|
524.8 |
2.46 |
317.1 |
307.6 |
534.4 |
15.84 |
84.6 |
449.7 |
|
534.4 |
2.43 |
309.6 |
306.0 |
537.9 |
13.97 |
75.2 |
462.7 |
|
537.9 |
2.13 |
267.6 |
433.0 |
372.5 |
17.80 |
66.3 |
306.2 |
|
372.5 |
1.46 |
179.7 |
324.9 |
227.3 |
16.37 |
37.2 |
190.1 |
|
227.3 |
1.30 |
155.1 |
243.4 |
139.0 |
19.30 |
26.8 |
112.2 |
|
139.0 |
1.18 |
135.2 |
205.7 |
68.5 |
16.46 |
11.3 |
57.3 |
|
68.5 |
1.10 |
125.6 |
129.6 |
64.6 |
21.16 |
13.7 |
50.9 |
|
64.6 |
1.07 |
122.7 |
125.5 |
61.8 |
24.10 |
14.9 |
46.9 |
|
61.8 |
1.14 |
133.9 |
123.8 |
71.9 |
20.05 |
14.4 |
57.5 |
|
71.9 |
1.02 |
119.5 |
123.8 |
67.6 |
20.55 |
13.9 |
53.7 |
|
67.6 |
1.01 |
113.8 |
115.2 |
66.2 |
20.06 |
13.3 |
52.9 |
|
66.2 |
1.02 |
109.0 |
108.6 |
66.6 |
17.18 |
11.4 |
55.1 |
|
66.6 |
1.04 |
108.1 |
106.0 |
68.7 |
22.15 |
15.2 |
53.5 |
|
68.7 |
1.06 |
109.4 |
108.1 |
70.0 |
22.82 |
16.0 |
54.0 |
|
70.0 |
1.01 |
106.0 |
107.4 |
68.6 |
24.30 |
16.7 |
52.0 |
|
68.6 |
.98 |
104.8 |
103.9 |
69.6 |
26.50 |
18.4 |
51.2 |
|
69.6 |
.98 |
107.0 |
105.5 |
71.2 |
26.63 |
18.9 |
52.2 |
|
71.2 |
1.00 |
112.6 |
110.0 |
73.7 |
25.97 |
19.1 |
54.5 |
|
73.7 |
.97 |
112.1 |
111.9 |
73.9 |
30.11 |
22.3 |
51.6 |
|
73.9 |
.95 |
112.0 |
114.7 |
71.2 |
21.28 |
15.2 |
56.1 |
|
71.2 |
.93 |
111.8 |
111.9 |
71.1 |
27.52 |
19.6 |
51.6 |
|
71.1 |
.93 |
112.0 |
111.2 |
71.9 |
27.33 |
19.7 |
52.3 |
|
71.9 |
.93 |
112.3 |
111.9 |
72.3 |
27.45 |
19.8 |
52.5 |
|
72.3 |
.94 |
114.0 |
112.9 |
73.4 |
27.32 |
20.1 |
53.3 |
|
73.4 |
.94 |
114.8 |
114.4 |
73.8 |
27.34 |
20.2 |
53.6 |
|
73.8 |
.94 |
115.7 |
115.0 |
74.4 |
27.35 |
20.3 |
54.0 |
|
74.4 |
.94 |
117.7 |
116.4 |
75.7 |
27.24 |
20.6 |
55.0 |
|
75.7 |
.95 |
121.0 |
118.9 |
77.7 |
27.03 |
21.0 |
56.7 |
|
77.7 |
.95 |
123.8 |
122.1 |
79.3 |
26.96 |
21.4 |
57.9 |
|
79.3 |
.94 |
124.3 |
124.0 |
79.6 |
27.15 |
21.6 |
58.0 |
|
79.6 |
.93 |
123.2 |
123.7 |
79.1 |
27.45 |
21.7 |
57.4 |
Sources:
· Historical figures from SSA administrative records; future figures computed by adding awards to number in force at beginning of year, and applying termination rates.
· Historical award rates computed by dividing the number of awards by the population age 18-20, less the number already in force; future rates projected based on historical trend and judgment.
· Historical award figures from SSA administrative records; future figures computed by applying award rate to population age 18-20 less the number of student children already in force.
· Historical termination figures estimated from SSA administrative records; future figures computed by applying termination rate to number in force.
· Historical percent withheld figures computed by dividing number withheld by number in force; future figures projected based on historical trends.
· Historical withheld figures estimated from SSA administrative records; future figures computed by applying withheld rate to number in force.
· Historical in current-payment status figures from SSA administrative records; future figures computed by subtracting number withheld from number in force.
Note: Future estimates based on 2001 Trustees Report intermediate set of assumptions.
List of Studies
December 26, 2001