Short-Range Actuarial Projections |
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ACTUARIAL STUDY NO. 119
by Chris Motsiopoulos and Richard B. Tucker | |||||
|
Year
|
Average monthly benefit 1
|
|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Minor
child |
Disabled
child |
Student
child |
Aged
widow |
Aged
widower |
Mother
|
Father
|
Male
parent |
Female
parent |
Disabled
widow |
Disabled
widower |
Total
survivors |
|
|
1980
|
$220.20
|
$229.10
|
$253.10
|
$314.70
|
$194.60
|
$247.60
|
$151.50
|
$229.80
|
$317.00
|
$205.40
|
$134.80
|
$267.36
|
|
1981
|
231.90
|
250.13
|
284.99
|
347.09
|
206.87
|
270.14
|
163.13
|
292.00
|
354.00
|
227.72
|
152.44
|
295.37
|
|
1982
|
249.83
|
267.53
|
305.39
|
375.97
|
220.41
|
284.51
|
170.45
|
297.00
|
357.80
|
242.73
|
150.07
|
320.17
|
|
1983
|
266.25
|
288.55
|
315.53
|
398.69
|
238.81
|
300.09
|
184.99
|
298.15
|
363.40
|
255.53
|
161.23
|
340.62
|
|
1984
|
280.89
|
300.30
|
341.43
|
421.24
|
249.68
|
312.42
|
198.36
|
262.67
|
360.77
|
296.83
|
182.44
|
362.11
|
|
1985
|
293.16
|
310.24
|
362.18
|
444.08
|
260.82
|
324.39
|
205.48
|
339.63
|
374.44
|
308.22
|
180.49
|
381.37
|
|
1986
|
303.84
|
318.74
|
378.30
|
457.38
|
268.84
|
332.88
|
216.40
|
349.02
|
388.00
|
321.01
|
206.56
|
393.67
|
|
1987
|
321.73
|
326.60
|
401.52
|
481.17
|
276.40
|
352.82
|
235.17
|
344.28
|
447.59
|
334.56
|
217.98
|
415.30
|
|
1988
|
332.04
|
342.20
|
426.20
|
508.02
|
286.20
|
365.60
|
248.68
|
416.05
|
456.06
|
351.58
|
197.23
|
435.22
|
|
1989
|
349.95
|
366.29
|
450.34
|
536.46
|
307.27
|
385.44
|
268.89
|
386.52
|
468.29
|
377.83
|
236.77
|
460.14
|
|
1990
|
367.25
|
391.58
|
471.87
|
570.14
|
326.01
|
407.24
|
291.67
|
456.60
|
519.47
|
403.26
|
261.78
|
487.11
|
|
1991
|
377.68
|
403.10
|
488.74
|
594.29
|
338.52
|
419.45
|
304.53
|
488.88
|
534.90
|
417.64
|
272.67
|
503.77
|
|
1992
|
386.95
|
415.06
|
502.57
|
614.32
|
350.17
|
432.39
|
318.54
|
492.60
|
544.24
|
433.44
|
273.52
|
518.74
|
|
1993
|
397.93
|
425.88
|
513.84
|
636.12
|
360.56
|
444.23
|
337.27
|
477.20
|
556.91
|
434.88
|
289.50
|
533.82
|
|
1994
|
413.11
|
442.70
|
529.65
|
655.15
|
369.12
|
462.43
|
351.04
|
510.70
|
572.44
|
446.37
|
299.18
|
550.52
|
|
1995
|
425.61
|
464.49
|
543.65
|
679.54
|
388.29
|
473.80
|
367.05
|
552.58
|
619.06
|
462.32
|
306.49
|
568.64
|
|
1996
|
447.24
|
481.66
|
556.15
|
702.41
|
400.32
|
507.26
|
403.82
|
514.01
|
620.16
|
467.57
|
318.18
|
590.56
|
|
1997
|
465.55
|
492.48
|
566.31
|
714.69
|
410.67
|
531.13
|
424.84
|
557.59
|
635.72
|
479.68
|
331.25
|
607.13
|
|
1998
|
479.39
|
502.27
|
575.18
|
725.36
|
416.06
|
543.99
|
435.85
|
598.56
|
683.32
|
485.20
|
336.35
|
618.58
|
|
1999
|
509.28
|
519.33
|
594.25
|
729.15
|
427.57
|
580.29
|
459.55
|
604.35
|
699.52
|
507.12
|
348.84
|
635.50
|
|
2000
|
536.75
|
539.44
|
624.45
|
732.60
|
431.36
|
611.64
|
496.11
|
643.40
|
719.40
|
532.56
|
382.42
|
653.05
|
|
2001
|
567.35
|
566.57
|
644.52
|
752.08
|
447.32
|
646.60
|
531.16
|
678.56
|
795.90
|
553.33
|
383.77
|
674.09
|
|
2002
|
579.26
|
560.10
|
653.85
|
751.77
|
457.76
|
665.38
|
532.62
|
838.34
|
833.91
|
569.84
|
405.72
|
679.56
|
|
2003
|
598.94
|
564.68
|
673.21
|
780.23
|
491.10
|
688.78
|
550.30
|
664.13
|
786.85
|
585.03
|
418.57
|
703.38
|
|
2004
|
612.40
|
564.33
|
694.74
|
790.08
|
512.72
|
704.51
|
576.43
|
589.42
|
796.95
|
601.37
|
428.04
|
716.08
|
|
2005
|
627.77
|
578.49
|
712.18
|
810.23
|
525.79
|
722.19
|
590.90
|
604.45
|
817.27
|
615.44
|
438.06
|
734.40
|
|
2006
|
647.12
|
596.33
|
734.13
|
835.90
|
542.46
|
744.46
|
609.11
|
623.61
|
843.17
|
636.61
|
453.12
|
757.79
|
|
2007
|
671.56
|
618.84
|
761.85
|
864.27
|
560.86
|
772.57
|
632.11
|
644.77
|
871.78
|
662.89
|
471.83
|
785.00
|
|
2008
|
698.14
|
643.34
|
792.00
|
895.56
|
581.17
|
803.14
|
657.13
|
668.11
|
903.34
|
688.81
|
490.28
|
814.58
|
|
2009
|
726.37
|
669.35
|
824.03
|
927.16
|
601.68
|
835.62
|
683.70
|
691.68
|
935.22
|
716.11
|
509.71
|
845.37
|
|
2010
|
756.74
|
697.34
|
858.49
|
960.97
|
623.62
|
870.56
|
712.29
|
716.91
|
969.33
|
746.00
|
530.98
|
878.26
|
|
2011
|
787.24
|
725.45
|
893.09
|
998.50
|
647.98
|
905.65
|
741.00
|
744.91
|
1,007.19
|
777.03
|
553.07
|
913.49
|
|
2012
|
817.98
|
753.78
|
927.96
|
1,037.38
|
673.20
|
941.01
|
769.94
|
773.91
|
1,046.40
|
806.56
|
574.09
|
949.61
|
|
2013
|
850.26
|
783.52
|
964.58
|
1,077.83
|
699.45
|
978.14
|
800.32
|
804.09
|
1,087.20
|
839.03
|
597.20
|
987.11
|
|
2014
|
884.00
|
814.61
|
1,002.86
|
1,120.89
|
727.40
|
1,016.96
|
832.08
|
836.21
|
1,130.63
|
872.95
|
621.34
|
1,026.63
|
| 1For each year, benefit amounts awarded before the annual benefit increase are converted to post-increase rates before computation of the average monthly benefit. |
Source: Historical average monthly benefit amounts awarded from 1-A Table Awards Supplement; future amounts based on results of simulated sample of future awards.
Note: Future estimates based on 2005 Trustees Report intermediate set of assumptions.