Short-Range Actuarial Projections |
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ACTUARIAL STUDY NO. 119
by Chris Motsiopoulos and Richard B. Tucker | |||||
|
Calendar period
|
In current-payment status
at midpoint of period |
Total current-payment
benefits during period |
||
|---|---|---|---|---|
|
Number
|
Average benefit
|
Rate
|
Amount
|
|
|
1980
|
102.0
|
$97.82
|
12.011
|
$119.9
|
|
1981
|
84.0
|
110.29
|
12.026
|
111.4
|
|
1982
|
69.5
|
120.46
|
12.008
|
100.5
|
|
1983
|
56.6
|
124.81
|
12.038
|
85.1
|
|
1984
|
45.6
|
129.51
|
12.045
|
71.2
|
|
1985
|
35.7
|
134.05
|
12.081
|
57.8
|
|
1986
|
28.0
|
138.00
|
12.068
|
46.7
|
|
1987
|
21.7
|
139.66
|
12.081
|
36.6
|
|
1988
|
16.3
|
145.32
|
12.108
|
28.7
|
|
1989
|
12.0
|
151.07
|
12.107
|
22.0
|
|
1990
|
8.7
|
158.17
|
12.105
|
16.7
|
|
1991
|
6.3
|
166.63
|
12.116
|
12.7
|
|
1992
|
4.4
|
172.62
|
12.089
|
9.2
|
|
1993
|
3.0
|
177.78
|
12.133
|
6.5
|
|
1994
|
2.0
|
182.36
|
12.223
|
4.4
|
|
1995
|
1.3
|
187.27
|
12.129
|
3.0
|
|
1996
|
.8
|
192.03
|
12.220
|
1.9
|
|
1997
|
.5
|
197.37
|
12.160
|
1.2
|
|
1998
|
.3
|
201.54
|
12.104
|
.8
|
|
1999
|
.2
|
203.92
|
12.145
|
.5
|
|
2000
|
.1
|
210.21
|
12.356
|
.3
|
|
2001
|
.1
|
217.48
|
12.165
|
.2
|
|
2002
|
1/
|
224.73
|
12.201
|
.1
|
|
2003
|
227.33
|
12.203
|
2/
|
|
|
2004
|
230.05
|
12.354
|
||
|
2005-I
|
237.46
|
3.000
|
||
|
2005-II
|
237.46
|
3.000
|
||
|
2005-III
|
237.46
|
3.000
|
||
|
2005-IV
|
...
|
...
|
...
|
...
|
|
2006-I
|
...
|
...
|
...
|
...
|
|
2006-II
|
...
|
...
|
...
|
...
|
|
2006-III
|
...
|
...
|
...
|
...
|
|
2006-IV
|
...
|
...
|
...
|
...
|
|
2007-I
|
...
|
...
|
...
|
...
|
|
2007-II
|
...
|
...
|
...
|
...
|
|
2007-III
|
...
|
...
|
...
|
...
|
|
2007-IV
|
...
|
...
|
...
|
...
|
|
2008-I
|
...
|
...
|
...
|
...
|
|
2008-II
|
...
|
...
|
...
|
...
|
|
2008-III
|
...
|
...
|
...
|
...
|
|
2008-IV
|
...
|
...
|
...
|
...
|
|
2009-I
|
...
|
...
|
...
|
...
|
|
2009-II
|
...
|
...
|
...
|
...
|
|
2009-III
|
...
|
...
|
...
|
...
|
|
2009-IV
|
...
|
...
|
...
|
...
|
|
2010-I
|
...
|
...
|
...
|
...
|
|
2010-II
|
...
|
...
|
...
|
...
|
|
2010-III
|
...
|
...
|
...
|
...
|
|
2010-IV
|
...
|
...
|
...
|
...
|
|
2011-I
|
...
|
...
|
...
|
...
|
|
2011-II
|
...
|
...
|
...
|
...
|
|
2011-III
|
...
|
...
|
...
|
...
|
|
2011-IV
|
...
|
...
|
...
|
...
|
|
2012-I
|
...
|
...
|
...
|
...
|
|
2012-II
|
...
|
...
|
...
|
...
|
|
2012-III
|
...
|
...
|
...
|
...
|
|
2012-IV
|
...
|
...
|
...
|
...
|
|
2013-I
|
...
|
...
|
...
|
...
|
|
2013-II
|
...
|
...
|
...
|
...
|
|
2013-III
|
...
|
...
|
...
|
...
|
|
2013-IV
|
...
|
...
|
...
|
...
|
|
2014-I
|
...
|
...
|
...
|
...
|
|
2014-II
|
...
|
...
|
...
|
...
|
|
2014-III
|
...
|
...
|
...
|
...
|
|
2014-IV
|
...
|
...
|
...
|
...
|
1Fewer than 50.
2Less than $50,000.
Sources:
Note: Future estimates based on 2005 Trustees Report intermediate set of assumptions.