Short-Range Actuarial Projections |
|||||
ACTUARIAL STUDY NO. 119
by Chris Motsiopoulos and Richard B. Tucker | |||||
Year
|
15-19
|
20-24
|
25-29
|
30-34
|
35-39
|
40-44
|
45-49
|
50-54
|
55-59
|
60-64
|
65-NRA1
|
Conversion at NRA
|
Total
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Male
|
|||||||||||||
1980
|
0.1
|
1.8
|
4.9
|
7.3
|
9.6
|
12.4
|
17.6
|
25.9
|
38.8
|
45.6
|
4.8
|
135.7
|
304.5
|
1985
|
2/
|
1.0
|
3.3
|
4.6
|
5.2
|
6.2
|
8.5
|
14.2
|
26.1
|
42.9
|
5.5
|
124.0
|
241.5
|
1990
|
.9
|
4.4
|
7.8
|
9.6
|
10.2
|
11.0
|
14.5
|
23.4
|
39.6
|
4.7
|
115.1
|
241.2
|
|
1995
|
1.3
|
5.3
|
11.9
|
15.9
|
17.1
|
17.4
|
19.1
|
24.8
|
37.4
|
5.9
|
117.5
|
273.7
|
|
1996
|
1.2
|
4.9
|
10.5
|
14.6
|
16.1
|
17.6
|
18.9
|
24.5
|
37.7
|
5.6
|
116.8
|
268.4
|
|
1997
|
1.2
|
5.9
|
12.0
|
19.6
|
24.5
|
25.8
|
24.7
|
27.6
|
37.6
|
6.1
|
120.4
|
305.4
|
|
1998
|
1.0
|
3.9
|
7.0
|
10.8
|
13.9
|
16.3
|
19.0
|
25.3
|
36.6
|
5.6
|
117.5
|
257.1
|
|
1999
|
.9
|
3.9
|
7.1
|
11.0
|
14.9
|
17.8
|
21.2
|
27.3
|
37.5
|
5.9
|
124.0
|
271.6
|
|
2000
|
.9
|
4.0
|
7.8
|
12.6
|
16.7
|
19.7
|
23.4
|
27.9
|
37.4
|
6.4
|
125.6
|
282.6
|
|
2001
|
.9
|
3.2
|
6.7
|
10.7
|
15.3
|
19.3
|
23.3
|
28.7
|
37.6
|
5.6
|
125.6
|
276.9
|
|
2002
|
1.0
|
3.4
|
6.8
|
10.6
|
15.6
|
20.3
|
24.4
|
30.1
|
39.3
|
5.8
|
129.0
|
286.5
|
|
2003
|
1.0
|
3.2
|
5.8
|
9.3
|
14.5
|
19.8
|
23.9
|
30.5
|
40.0
|
7.0
|
113.9
|
268.7
|
|
2004
|
1.1
|
3.4
|
5.5
|
8.8
|
14.6
|
20.1
|
25.3
|
32.0
|
40.9
|
8.0
|
114.5
|
274.3
|
|
2005
|
1.1
|
3.7
|
5.5
|
8.8
|
14.4
|
20.4
|
26.0
|
33.6
|
41.8
|
13.8
|
118.2
|
287.3
|
|
2006
|
1.1
|
4.1
|
5.7
|
9.0
|
14.2
|
20.8
|
27.0
|
34.7
|
43.7
|
16.6
|
122.0
|
299.0
|
|
2007
|
1.1
|
4.3
|
6.0
|
9.1
|
14.0
|
21.0
|
27.8
|
34.9
|
45.7
|
20.2
|
128.4
|
312.5
|
|
2008
|
1.1
|
4.6
|
6.6
|
9.4
|
14.0
|
21.5
|
29.0
|
36.2
|
48.4
|
23.3
|
136.8
|
331.0
|
|
2009
|
.1
|
1.2
|
4.7
|
7.0
|
9.3
|
13.7
|
21.3
|
29.2
|
36.6
|
50.3
|
25.7
|
171.4
|
370.5
|
2010
|
.1
|
1.2
|
4.8
|
7.6
|
9.4
|
14.0
|
21.4
|
30.3
|
38.5
|
53.9
|
25.7
|
170.7
|
377.5
|
2011
|
1.2
|
4.6
|
7.6
|
9.0
|
13.3
|
19.8
|
28.8
|
37.1
|
52.0
|
27.9
|
174.6
|
375.9
|
|
2012
|
1.2
|
4.6
|
7.9
|
9.2
|
13.3
|
19.3
|
28.8
|
37.9
|
52.3
|
30.6
|
198.7
|
403.8
|
|
2013
|
1.2
|
4.5
|
7.9
|
9.4
|
13.0
|
18.5
|
28.4
|
38.2
|
52.8
|
31.2
|
218.1
|
423.3
|
|
2014
|
1.2
|
4.5
|
7.8
|
9.6
|
12.6
|
17.9
|
27.9
|
38.4
|
53.6
|
31.4
|
219.7
|
424.6
|
|
Female
|
|||||||||||||
1980
|
.6
|
1.7
|
2.7
|
3.7
|
4.9
|
7.5
|
9.9
|
14.5
|
15.0
|
1.8
|
67.8
|
130.1
|
|
1985
|
.5
|
1.5
|
2.0
|
2.5
|
2.9
|
3.8
|
5.8
|
10.0
|
15.3
|
1.8
|
65.3
|
111.4
|
|
1990
|
.4
|
1.5
|
2.5
|
3.3
|
4.3
|
5.2
|
6.7
|
9.8
|
15.0
|
1.7
|
62.3
|
112.9
|
|
1995
|
.7
|
2.3
|
4.1
|
5.7
|
7.3
|
8.7
|
9.9
|
12.2
|
16.2
|
2.4
|
68.1
|
137.6
|
|
1996
|
.6
|
2.4
|
4.2
|
6.1
|
7.6
|
9.3
|
10.6
|
12.7
|
16.6
|
2.3
|
69.7
|
142.1
|
|
1997
|
.7
|
2.6
|
5.2
|
8.1
|
10.2
|
11.5
|
12.5
|
14.0
|
17.1
|
2.5
|
73.8
|
158.2
|
|
1998
|
.6
|
2.1
|
3.9
|
6.1
|
8.6
|
10.4
|
12.3
|
14.4
|
17.7
|
2.6
|
74.2
|
153.0
|
|
1999
|
.6
|
2.2
|
3.8
|
6.4
|
8.9
|
11.3
|
13.5
|
15.6
|
18.7
|
2.7
|
81.0
|
164.8
|
|
2000
|
.5
|
2.3
|
4.5
|
7.2
|
10.3
|
12.6
|
15.1
|
16.7
|
19.4
|
3.0
|
84.5
|
176.1
|
|
2001
|
.6
|
2.0
|
4.0
|
6.5
|
9.8
|
12.4
|
14.9
|
17.6
|
20.1
|
2.8
|
87.6
|
178.2
|
|
2002
|
.6
|
2.2
|
4.2
|
6.8
|
10.4
|
13.7
|
15.9
|
18.9
|
21.6
|
3.2
|
93.3
|
190.8
|
|
2003
|
.6
|
2.3
|
4.0
|
6.1
|
9.7
|
13.1
|
15.7
|
19.4
|
22.9
|
3.8
|
84.5
|
182.0
|
|
2004
|
.7
|
2.3
|
3.9
|
5.9
|
10.1
|
13.6
|
16.7
|
20.6
|
23.6
|
4.1
|
87.2
|
188.7
|
|
2005
|
.7
|
2.5
|
4.0
|
6.1
|
10.2
|
14.2
|
17.6
|
22.0
|
24.7
|
7.2
|
92.7
|
201.7
|
|
2006
|
.7
|
2.7
|
4.2
|
6.4
|
10.4
|
14.8
|
18.6
|
23.1
|
26.3
|
8.9
|
98.2
|
214.4
|
|
2007
|
.7
|
2.9
|
4.5
|
6.7
|
10.5
|
15.3
|
19.4
|
23.8
|
27.9
|
11.1
|
105.4
|
228.1
|
|
2008
|
.7
|
3.1
|
5.0
|
7.0
|
10.8
|
16.1
|
20.7
|
25.3
|
30.2
|
13.1
|
114.9
|
246.9
|
|
2009
|
.8
|
3.2
|
5.3
|
7.2
|
10.7
|
16.3
|
21.1
|
26.0
|
31.6
|
14.6
|
147.0
|
283.9
|
|
2010
|
.8
|
3.3
|
5.8
|
7.4
|
11.2
|
16.8
|
22.4
|
28.0
|
34.6
|
14.7
|
147.3
|
292.3
|
|
2011
|
.8
|
3.1
|
5.8
|
7.1
|
10.8
|
15.6
|
21.3
|
26.9
|
33.3
|
16.2
|
151.8
|
292.6
|
|
2012
|
.8
|
3.1
|
6.0
|
7.3
|
11.0
|
15.5
|
21.6
|
27.7
|
34.1
|
17.9
|
175.0
|
320.2
|
|
2013
|
.8
|
3.1
|
6.0
|
7.5
|
11.0
|
15.1
|
21.7
|
28.2
|
34.9
|
18.5
|
194.1
|
340.9
|
|
2014
|
.8
|
3.1
|
5.9
|
7.7
|
10.8
|
14.8
|
21.6
|
28.6
|
35.8
|
18.8
|
198.2
|
346.2
|
|
Total
|
|||||||||||||
1980
|
.1
|
2.4
|
6.6
|
10.1
|
13.2
|
17.3
|
25.1
|
35.9
|
53.3
|
60.6
|
6.6
|
203.5
|
434.6
|
1985
|
1.5
|
4.7
|
6.6
|
7.6
|
9.0
|
12.4
|
20.0
|
36.1
|
58.3
|
7.2
|
189.3
|
352.9
|
|
1990
|
1.3
|
5.9
|
10.3
|
12.9
|
14.5
|
16.3
|
21.2
|
33.2
|
54.6
|
6.4
|
177.3
|
354.1
|
|
1995
|
1.9
|
7.6
|
16.0
|
21.6
|
24.4
|
26.1
|
29.0
|
37.1
|
53.6
|
8.4
|
185.6
|
411.4
|
|
1996
|
.1
|
1.8
|
7.2
|
14.7
|
20.7
|
23.8
|
26.9
|
29.5
|
37.2
|
54.3
|
7.9
|
186.4
|
410.5
|
1997
|
1.9
|
8.5
|
17.2
|
27.8
|
34.7
|
37.2
|
37.2
|
41.5
|
54.7
|
8.6
|
194.2
|
463.7
|
|
1998
|
1.6
|
6.0
|
10.9
|
17.0
|
22.4
|
26.8
|
31.3
|
39.7
|
54.4
|
8.2
|
191.7
|
410.0
|
|
1999
|
1.5
|
6.1
|
10.9
|
17.5
|
23.7
|
29.1
|
34.7
|
42.9
|
56.2
|
8.7
|
205.1
|
436.4
|
|
2000
|
1.4
|
6.3
|
12.4
|
19.8
|
26.9
|
32.3
|
38.5
|
44.7
|
56.9
|
9.4
|
210.1
|
458.7
|
|
2001
|
.1
|
1.5
|
5.2
|
10.7
|
17.2
|
25.1
|
31.7
|
38.2
|
46.4
|
57.7
|
8.4
|
213.1
|
455.1
|
2002
|
1.6
|
5.6
|
11.0
|
17.4
|
26.1
|
34.0
|
40.3
|
49.1
|
60.9
|
9.0
|
222.4
|
477.3
|
|
2003
|
1.6
|
5.4
|
9.7
|
15.4
|
24.2
|
32.8
|
39.6
|
49.9
|
62.9
|
10.8
|
198.3
|
450.8
|
|
2004
|
1.8
|
5.6
|
9.4
|
14.7
|
24.7
|
33.7
|
42.1
|
52.5
|
64.5
|
12.1
|
201.7
|
462.9
|
|
2005
|
1.8
|
6.2
|
9.5
|
14.9
|
24.6
|
34.6
|
43.6
|
55.6
|
66.5
|
21.0
|
210.9
|
489.0
|
|
2006
|
1.8
|
6.8
|
10.0
|
15.4
|
24.6
|
35.7
|
45.5
|
57.8
|
70.0
|
25.6
|
220.2
|
513.4
|
|
2007
|
1.8
|
7.2
|
10.6
|
15.8
|
24.5
|
36.3
|
47.2
|
58.8
|
73.6
|
31.2
|
233.7
|
540.6
|
|
2008
|
.1
|
1.9
|
7.7
|
11.6
|
16.4
|
24.8
|
37.6
|
49.6
|
61.5
|
78.6
|
36.4
|
251.7
|
577.9
|
2009
|
.1
|
1.9
|
7.9
|
12.4
|
16.5
|
24.5
|
37.6
|
50.4
|
62.6
|
81.9
|
40.3
|
318.4
|
654.4
|
2010
|
.1
|
2.1
|
8.1
|
13.3
|
16.8
|
25.2
|
38.2
|
52.7
|
66.5
|
88.5
|
40.4
|
318.0
|
669.8
|
2011
|
.1
|
2.0
|
7.7
|
13.4
|
16.1
|
24.1
|
35.4
|
50.1
|
64.0
|
85.4
|
44.1
|
326.3
|
668.5
|
2012
|
2.0
|
7.7
|
13.9
|
16.6
|
24.3
|
34.8
|
50.4
|
65.6
|
86.4
|
48.6
|
373.7
|
724.1
|
|
2013
|
2.0
|
7.7
|
13.9
|
16.8
|
23.9
|
33.7
|
50.0
|
66.5
|
87.7
|
49.7
|
412.2
|
764.2
|
|
2014
|
2.0
|
7.6
|
13.7
|
17.2
|
23.4
|
32.7
|
49.4
|
67.1
|
89.4
|
50.2
|
417.9
|
770.7
|
1See Glossary for definition of "Normal retirement ageNRA." 2Fewer than 50. |
Sources:
Note: Future estimates based on 2005 Trustees Report intermediate set of assumptions.