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.B6—Retired and Disabled Workers and Insured Aged Widows and Widowers With Benefits In Force,
Age 60 or Older
as a Percentage of Fully Insured Population
(By age and gender, as of December 31, 1975-2010)

Year	60-61	62-64	65-69	70-74	75-79	80-84	85-89	90-94	95 or older	Total
Male
1975	12.2	49.3	96.3	100.0	100.0	100.0	100.0	99.9	99.8	77.4
1980	12.6	53.8	97.0	100.0	100.0	100.0	100.0	100.0	100.1	79.2
1985	11.2	58.9	96.1	100.0	100.0	100.0	100.0	100.0	100.0	80.4
1990	10.5	59.6	95.1	100.0	100.0	100.0	100.0	99.9	99.9	81.6
1991	11.0	59.9	95.3	100.0	100.0	100.0	100.0	100.1	100.1	82.2
1992	11.7	61.4	95.6	100.0	100.0	100.0	100.0	100.0	100.1	83.1
1993	12.1	61.7	95.8	100.0	100.0	100.0	100.0	100.0	99.9	83.5
1994	12.1	64.5	95.7	100.0	100.0	100.0	100.0	100.0	99.9	84.0
1995	12.4	63.5	95.5	100.0	100.0	100.0	100.0	100.0	100.0	83.8
1996	12.5	63.5	95.4	100.0	100.0	100.0	100.0	100.0	100.0	83.9
1997	12.4	61.0	95.4	100.0	100.0	100.0	100.0	99.9	100.0	83.4
1998	12.4	61.7	95.4	100.0	100.0	100.0	100.0	100.0	100.0	83.4
1999	12.4	60.9	95.4	100.0	100.0	100.0	100.0	100.0	100.0	83.0
2000	12.4	61.5	99.0	100.0	100.0	100.0	100.0	100.0	99.9	83.8
2001	12.5	61.3	98.0	100.0	100.0	100.0	100.0	100.0	101.5	83.2
2002	12.4	61.1	97.6	100.0	100.0	100.0	100.0	100.0	101.4	82.4
2003	12.3	60.8	97.2	100.0	100.0	100.0	100.0	100.0	101.2	81.7
2004	12.4	60.5	96.8	100.0	100.0	100.0	100.0	100.0	101.1	81.4
2005	12.4	60.5	96.5	100.0	100.0	100.0	100.0	100.0	100.6	81.4
2006	12.3	60.7	96.2	100.0	100.0	100.0	100.0	100.0	100.6	80.7
2007	12.3	60.8	95.7	100.0	100.0	100.0	100.0	100.0	100.4	79.6
2008	12.4	60.0	95.4	100.0	100.0	100.0	100.0	100.0	100.4	79.2
2009	12.5	59.7	95.6	100.0	100.0	100.0	100.0	100.0	98.5	79.2
2010	12.5	60.5	95.7	100.0	100.0	100.0	100.0	100.0	98.5	79.2
Female
1975	14.7	64.0	94.1	100.0	100.0	100.0	100.0	100.1	99.7	81.4
1980	16.0	68.0	95.0	100.0	100.0	100.0	100.0	100.0	100.1	83.5
1985	14.7	69.8	95.5	100.0	100.0	100.0	100.0	100.0	100.0	84.9
1990	13.6	67.9	95.7	100.0	100.0	100.0	100.0	100.0	100.0	85.9
1991	13.6	67.8	95.8	100.0	100.0	100.0	100.0	100.0	100.0	86.2
1992	14.3	68.9	95.9	100.0	100.0	100.0	100.0	100.0	100.0	86.9
1993	15.2	68.0	95.9	100.0	100.0	100.0	100.0	100.0	100.0	87.1
1994	15.3	70.1	95.4	100.0	100.0	100.0	100.0	100.0	100.0	87.4
1995	15.4	69.9	94.9	100.0	100.0	100.0	100.0	100.0	100.0	87.2
1996	15.6	70.8	94.6	100.0	100.0	100.0	100.0	100.0	100.0	87.4
1997	15.6	68.2	94.8	100.0	100.0	100.0	100.0	100.0	100.0	86.9
1998	15.6	69.0	95.0	100.0	100.0	100.0	100.0	100.0	100.0	86.9
1999	15.7	68.5	95.4	100.0	100.0	100.0	100.0	100.0	100.0	86.7
2000	15.8	69.1	97.3	100.0	100.0	100.0	100.0	100.0	100.0	87.0
2001	15.8	69.4	97.1	100.0	100.0	100.0	100.0	100.0	98.4	86.7
2002	15.7	69.5	97.1	100.0	100.0	100.0	100.0	100.0	97.6	86.1
2003	15.6	69.3	96.8	100.0	100.0	100.0	100.0	100.0	97.6	85.4
2004	15.5	68.8	96.6	100.0	100.0	100.0	100.0	100.0	97.6	85.1
2005	15.4	68.7	96.4	100.0	100.0	100.0	100.0	100.0	97.9	85.0
2006	15.2	68.8	96.2	100.0	100.0	100.0	100.0	100.0	97.8	84.3
2007	15.2	68.8	95.9	100.0	100.0	100.0	100.0	100.0	98.2	83.2
2008	15.4	68.1	95.8	100.0	100.0	100.0	100.0	100.0	98.4	82.8
2009	15.4	67.9	95.8	100.0	100.0	100.0	100.0	100.0	96.7	82.7
2010	15.4	68.5	95.9	100.0	100.0	100.0	100.0	100.0	96.8	82.6
Total
1975	13.3	55.7	95.3	100.0	100.0	100.0	100.0	100.0	99.7	79.2
1980	14.1	60.2	96.1	100.0	100.0	100.0	100.0	100.0	100.1	81.2
1985	12.8	63.8	95.8	100.0	100.0	100.0	100.0	100.0	100.0	82.6
1990	11.9	63.4	95.4	100.0	100.0	100.0	100.0	100.0	100.0	83.7
1991	12.2	63.5	95.5	100.0	100.0	100.0	100.0	100.0	100.0	84.2
1992	12.9	64.8	95.8	100.0	100.0	100.0	100.0	100.0	100.0	85.0
1993	13.5	64.6	95.8	100.0	100.0	100.0	100.0	100.0	100.0	85.3
1994	13.6	67.0	95.6	100.0	100.0	100.0	100.0	100.0	100.0	85.7
1995	13.8	66.4	95.2	100.0	100.0	100.0	100.0	100.0	100.0	85.5
1996	13.9	66.9	95.1	100.0	100.0	100.0	100.0	100.0	100.0	85.6
1997	13.9	64.3	95.1	100.0	100.0	100.0	100.0	100.0	100.0	85.2
1998	13.9	65.1	95.2	100.0	100.0	100.0	100.0	100.0	100.0	85.2
1999	13.9	64.4	95.4	100.0	100.0	100.0	100.0	100.0	100.0	84.9
2000	14.0	65.1	98.2	100.0	100.0	100.0	100.0	100.0	100.0	85.4
2001	14.0	65.1	97.6	100.0	100.0	100.0	100.0	100.0	99.3	84.9
2002	13.9	65.0	97.3	100.0	100.0	100.0	100.0	100.0	98.6	84.3
2003	13.9	64.8	97.0	100.0	100.0	100.0	100.0	100.0	98.5	83.6
2004	13.9	64.5	96.7	100.0	100.0	100.0	100.0	100.0	98.5	83.3
2005	13.8	64.3	96.5	100.0	100.0	100.0	100.0	100.0	98.6	83.2
2006	13.7	64.5	96.2	100.0	100.0	100.0	100.0	100.0	98.5	82.5
2007	13.7	64.6	95.8	100.0	100.0	100.0	100.0	100.0	98.8	81.4
2008	13.8	63.9	95.6	100.0	100.0	100.0	100.0	100.0	98.9	81.0
2009	13.9	63.7	95.7	100.0	100.0	100.0	100.0	100.0	97.1	80.9
2010	13.9	64.4	95.8	100.0	100.0	100.0	100.0	100.0	97.2	80.9

Source: Computed by dividing number in force by insured population.

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

List of Studies
December 26, 2001