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.B7—Awards to Retired Workers and Insured
Aged Widows and Widowers, as a Percentage
of Eligible Nonretired and Nondisabled Workers
(By age and gender, calendar years 1975-2010)
Year
  60-61
  62-64
  65-69
Male
1975
0.0
21.5
58.9
1980
.0
28.6
72.3
1985
.2
32.8
67.1
1990
.2
33.7
57.1
1991
.2
33.3
58.0
1992
.3
34.6
57.5
1993
.3
35.0
59.7
1994
.3
35.8
53.9
1995
.3
36.6
58.8
1996
.2
34.7
52.5
1997
.2
33.7
56.0
1998
.2
32.4
51.0
1999
.2
33.6
56.5
2000
.2
33.7
86.6
2001
.2
33.4
75.3
2002
.2
33.1
73.8
2003
.2
32.9
70.7
2004
.2
32.9
68.1
2005
.2
32.5
65.9
2006
.2
31.7
63.7
2007
.2
31.5
61.6
2008
.2
32.4
59.9
2009
.2
32.6
61.0
2010
.2
31.8
60.9
Female
1975
5.0
35.2
48.9
1980
5.2
42.6
58.8
1985
5.3
44.4
63.1
1990
4.6
41.6
58.6
1991
4.5
39.4
50.2
1992
4.6
40.6
50.5
1993
4.7
40.7
54.1
1994
4.6
41.6
47.7
1995
4.3
42.8
48.0
1996
4.3
41.8
42.4
1997
4.2
41.6
50.7
1998
4.0
39.8
45.3
1999
3.8
40.6
51.1
2000
3.6
41.2
68.9
2001
3.5
41.0
61.5
2002
3.4
40.7
61.2
2003
3.1
40.6
58.6
2004
3.0
40.5
56.9
2005
2.9
40.1
55.7
2006
2.9
39.2
54.8
2007
2.9
39.1
54.1
2008
2.8
40.0
54.0
2009
2.8
40.3
54.8
2010
2.8
39.4
54.6
Total
1975
2.1
26.6
55.0
1980
2.3
34.1
66.5
1985
2.4
37.5
65.4
1990
2.2
37.0
57.7
1991
2.2
35.9
54.8
1992
2.2
37.1
54.6
1993
2.3
37.4
57.4
1994
2.2
38.3
51.3
1995
2.1
39.3
54.0
1996
2.1
37.8
47.9
1997
2.0
37.0
53.6
1998
2.0
35.6
48.4
1999
1.9
36.6
54.1
2000
1.8
37.0
79.0
2001
1.8
36.8
68.8
2002
1.7
36.4
68.2
2003
1.6
36.3
65.5
2004
1.5
36.3
63.3
2005
1.5
35.8
61.6
2006
1.5
35.0
59.9
2007
1.5
34.9
58.4
2008
1.5
35.8
57.4
2009
1.5
36.1
58.4
2010
1.5
35.2
58.2

Sources:

· Historical percentages computed by dividing the number of awards by the insured population less the number already in force.

· Future percentages projected based on historical trend and judgment.

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

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December 26, 2001