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

B. NUMBER OF OLD-AGE AND SURVIVORS INSURANCE (OASI) BENEFICIARIES

Table III.B60—Young Wives of Retired Workers With Benefits In Force, Withheld,
and In Current-Payment Status
(End of calendar years 1975-2000 and calendar half years 2001-10)
[Numbers in thousands]
Calendar period
  Minor and
disabled children
of retired workers 1
In force
Withheld
  Number
in current-
payment
status
  Excess
  Percent of
minor and
disabled children
  Number
  Excess
  Percent of
number in force
  Number
1975
526.9
39.569
208.5
...
5.999
12.5
196.0
...
1976
524.7
39.636
208.0
...
6.001
12.5
195.5
...
1977
541.9
38.727
209.9
...
6.001
12.6
197.3
...
1978
529.9
40.222
213.2
...
6.068
12.9
200.2
...
1979
519.6
40.588
210.9
...
5.794
12.2
198.7
...
1980
511.1
40.683
207.9
...
5.658
11.8
196.2
...
1981
498.9
39.951
199.3
...
6.198
12.4
187.0
...
1982
490.3
37.349
183.1
...
6.801
12.5
170.7
...
1983
360.4
36.359
131.1
...
7.665
10.0
121.0
...
1984
359.6
33.635
121.0
...
7.954
9.6
111.3
...
1985
362.4
31.997
116.0
...
7.580
8.8
107.2
...
1986
365.9
30.338
111.0
...
7.627
8.5
102.5
...
1987
369.0
28.761
106.1
...
8.676
9.2
96.9
...
1988
373.1
26.469
98.8
...
8.864
8.8
90.0
...
1989
377.3
25.675
96.9
...
8.504
8.2
88.6
...
1990
385.8
24.335
93.9
...
7.237
6.8
87.1
...
1991
395.9
23.154
91.7
...
8.152
7.5
84.2
...
1992
408.8
22.150
90.6
...
8.735
7.9
82.7
...
1993
419.6
21.150
88.7
...
8.745
7.8
81.0
...
1994
427.4
19.986
85.4
...
8.329
7.1
78.3
...
1995
434.0
18.994
82.4
...
8.584
7.1
75.4
...
1996
438.4
17.929
78.6
...
16.590
13.0
65.6
...
1997
441.9
16.797
74.2
...
17.279
12.8
61.4
...
1998
444.8
15.829
70.4
...
17.928
12.6
57.8
...
1999
450.1
14.970
67.4
...
18.042
12.2
55.2
...
2000
463.2
14.445
66.9
...
17.082
11.4
55.5
...
2001-II
468.0
14.306
67.0
0.011
17.461
11.7
55.3
0.007
2001-IV
469.1
13.965
65.5
...
17.086
11.2
54.3
...
2002-II
473.2
13.877
65.7
.011
17.462
11.5
54.2
.007
2002-IV
473.6
13.592
64.4
...
17.086
11.0
53.4
...
2003-II
477.3
13.593
64.9
.011
17.432
11.3
53.6
.007
2003-IV
477.1
13.400
63.9
...
17.024
10.9
53.1
...
2004-II
480.0
13.439
64.5
.011
17.369
11.2
53.3
.007
2004-IV
479.0
13.285
63.6
...
16.959
10.8
52.8
...
2005-II
481.1
13.350
64.2
.011
17.306
11.1
53.1
.007
2005-IV
479.3
13.224
63.4
...
16.898
10.7
52.7
...
2006-II
480.5
13.315
64.0
.011
17.246
11.0
52.9
.007
2006-IV
477.8
13.216
63.1
...
16.838
10.6
52.5
...
2007-II
478.8
13.317
63.8
.011
17.187
11.0
52.8
.007
2007-IV
476.0
13.227
63.0
...
16.780
10.6
52.4
...
2008-II
476.8
13.337
63.6
.011
17.130
10.9
52.7
.007
2008-IV
473.8
13.257
62.8
...
16.723
10.5
52.3
...
2009-II
475.0
13.325
63.3
.011
17.098
10.8
52.5
.007
2009-IV
472.3
13.202
62.4
...
16.717
10.4
51.9
...
2010-II
473.5
13.278
62.9
.011
17.092
10.7
52.1
.007
2010-IV
470.9
13.163
62.0
...
16.710
10.4
51.6
...

1 1982 and earlier includes all minor and disabled children of retired workers; 1983 and later includes minor children under age 16 and all disabled children of retired workers.

Sources:

· Numbers of minor and disabled children of retired workers shown earlier.

· Ratios of number in force to number of minor and disabled children computed by dividing corresponding numbers.

· Historical numbers in force from In Force Table; future end of December figures computed by applying single year of age award rates (awards per minor child of retired worker under age 16 and disabled child of retired worker awards) and termination rates; future end of June figures interpolated using last historical ratio of June figure to average of December figures (excess).

· Historical ratios of number withheld to number in force computed by dividing corresponding numbers; future end of December ratios projected to remain at last known rate by single year of age; future end of June ratios computed by dividing corresponding numbers.

· Historical numbers withheld computed by subtracting number in current-payment status from number in force; future end of December figures computed by applying applicable percentage to number in force; future June figures computed by subtracting number in current-payment status from number in force.

· Historical numbers in current-payment status from 1-A Table Current-Payment Supplement; future end of December figures computed by subtracting number withheld from number in force; future end of June figures interpolated using last historical ratio of June figure to average of December figures (excess).

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

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December 26, 2001