Tbl_III_E4.html—Act. Study No.119

III.E4.—Average Monthly Benefit to Minor Child Survivors of Deceased Workers In Force,
Awarded, Terminated, and In Current-Payment Status

(Calendar years 1980-2014)

[Numbers in thousands]
Year	Benefit increase (percent)	In force beginning of year		Accessions during year			Terminations during year			In force end of year		Current-payment status end of year
Year	Benefit increase (percent)	Number	Average benefit	Awards	Conversions	Average benefit	Number	Ratio to average benefit in force beginning of year	Average benefit	Number	Average benefit	Ratio to average benefit in force end of year	Average benefit
1980	14.3	1,966.2	$201.48	227.1	34.7	$220.20	336.2	0.8499	$195.73	1,891.8	$235.04	1.0009	$235.25
1981	11.2	1,891.8	235.04	228.3	14.8	231.90	322.7	.8349	218.22	1,812.3	265.09	1.0024	265.73
1982	7.4	1,812.3	265.09	222.7	11.4	249.83	306.8	.7955	226.48	1,739.7	290.28	1.0040	291.44
1983	3.5	1,739.7	290.28	211.4	9.1	266.25	288.4	.8294	249.20	1,671.8	304.77	1.0078	307.16
1984	3.5	1,671.8	304.77	202.2	10.6	280.89	280.0	.8785	277.10	1,604.6	317.55	1.0100	320.73
1985	3.1	1,604.6	317.55	203.6	10.9	293.16	265.1	.8879	290.68	1,554.0	328.93	1.0112	332.61
1986	1.3	1,554.0	328.93	198.9	9.3	303.84	247.7	.9158	305.16	1,514.6	333.75	1.0154	338.90
1987	4.2	1,514.6	333.75	191.3	10.0	321.73	245.7	.9318	324.06	1,470.2	348.17	1.0165	353.92
1988	4.0	1,470.2	348.17	191.6	10.5	332.04	247.2	.9443	341.91	1,425.0	361.33	1.0183	367.96
1989	4.7	1,425.0	361.33	188.5	9.4	349.95	228.8	.9620	363.96	1,394.1	376.65	1.0204	384.34
1990	5.4	1,394.1	376.65	188.7	9.4	367.25	209.9	.9599	381.08	1,382.3	395.14	1.0219	403.80
1991	3.7	1,382.3	395.14	191.4	9.8	377.68	201.9	.9458	387.56	1,381.6	408.33	1.0212	416.98
1992	3.0	1,381.6	408.33	192.7	9.4	386.95	194.0	.9575	402.72	1,389.7	418.18	1.0226	427.64
1993	2.6	1,389.7	418.18	199.1	9.6	397.93	193.2	.9508	407.94	1,405.1	427.34	1.0225	436.96
1994	2.8	1,405.1	427.34	202.5	9.2	413.11	190.7	.9477	416.32	1,426.0	438.49	1.0234	448.73
1995	2.6	1,426.0	438.49	200.4	9.2	425.61	197.5	.9568	430.46	1,438.2	449.02	1.0240	459.79
1996	2.9	1,438.2	449.02	195.0	8.7	447.24	197.4	.8944	413.24	1,444.5	466.62	1.0249	478.23
1997	2.1	1,444.5	466.62	184.8	9.5	465.55	208.0	.9538	454.41	1,430.8	478.14	1.0250	490.09
1998	1.3	1,430.8	478.14	182.6	8.8	479.39	199.6	.9565	463.29	1,422.6	486.65	1.0252	498.93
1999	¹ 2.5	1,422.6	486.65	182.7	8.8	509.28	200.4	.9740	485.87	1,413.7	502.07	1.0257	514.96
2000	3.5	1,413.7	502.07	184.9	8.5	536.75	199.5	.9650	501.44	1,407.6	524.57	1.0261	538.27
2001	2.6	1,407.6	524.57	188.0	9.3	567.35	204.0	.9484	510.42	1,401.0	546.36	1.0229	558.86
2002	1.4	1,401.0	546.36	192.2	9.3	579.26	205.1	.9482	525.32	1,397.5	561.86	1.0196	572.86
2003	2.1	1,397.5	561.86	187.1	9.3	598.94	200.9	.9693	556.06	1,392.9	579.76	1.0201	591.42
2004	2.7	1,392.9	579.76	188.4	9.5	612.40	205.0	.9643	574.13	1,385.9	600.99	1.0210	613.60
2005	2.0	1,385.9	600.99	187.2	9.7	627.77	203.7	.9443	578.87	1,379.1	620.16	1.0210	633.17
2006	2.2	1,379.1	620.16	186.6	9.7	647.12	207.8	.9664	612.53	1,367.5	638.94	1.0210	652.35
2007	2.7	1,367.5	638.94	185.4	9.8	671.56	212.5	.9684	635.46	1,350.2	661.68	1.0210	675.57
2008	2.8	1,350.2	661.68	184.1	9.7	698.14	213.7	.9699	659.72	1,330.3	686.11	1.0210	700.51
2009	2.8	1,330.3	686.11	183.1	9.7	726.37	209.8	.9708	684.74	1,313.2	711.70	1.0210	726.63
2010	2.8	1,313.2	711.70	182.1	9.6	756.74	206.3	.9725	711.52	1,298.6	738.53	1.0210	754.03
2011	2.8	1,298.6	738.53	181.2	9.6	787.24	202.9	.9733	738.91	1,286.6	766.56	1.0210	782.65
2012	2.8	1,286.6	766.56	180.4	9.6	817.98	199.7	.9739	767.49	1,276.9	795.69	1.0210	812.39
2013	2.8	1,276.9	795.69	179.7	9.6	850.26	196.5	.9742	796.90	1,269.8	826.05	1.0210	843.38
2014	2.8	1,269.8	826.05	179.3	9.7	884.00	192.2	.9738	826.95	1,266.6	857.75	1.0210	875.75

¹Benefit increase for 1999 was originally determined as 2.4 percent, but pursuant to Public Law 106-554 is effectively now 2.5 percent.

Number in force and total number awarded (including conversions), shown earlier.

Number of conversions based on minor children of retired workers terminated prior to age 18.

Number terminated calculated as in force beginning of year plus awards during year minus in force end of year.

Average benefit awarded shown earlier.

Historical ratio of average terminated benefit to average benefit in force computed by division of corresponding figures where the average benefit in force at the beginning of the year has been adjusted to the end-of-year rate; future ratios projected based on historical trend.

Historical average terminated benefit computed by dividing (a) number in force at beginning of year times average benefit in force, plus number of awards times average benefit awarded at beginning-of-year rate, minus number in force at end of year times average benefit in force at beginning-of-year rates, by (b) number of terminations. Future average terminated benefit computed by applying applicable ratio to average benefit in force at beginning of year.

Historical average benefit in force from 1-A Table In Force Supplement. Future average benefit in force at end of year computed by dividing (a) number in force at beginning of year times average benefit in force at end-of-year rate, plus number of awards times average benefit awarded at end-of-year rate, minus number of terminations times average terminated benefit at end of year rate, by (b) number in force at end of year.

Historical ratio of average benefit in current-payment status to average benefit in force computed by division of corresponding figures; future ratios projected based on historical trend.

Historical average benefit in current-payment status from 1-A Table Current-Payment Supplement; future average benefit computed by applying applicable ratio to average benefit in force.

Note: Future estimates based on 2005 Trustees Report intermediate set of assumptions.

Short-Range Actuarial Projections of the Old-Age, Survivors, and Disability Insurance Program, 2005
ACTUARIAL STUDY NO. 119 by Chris Motsiopoulos and Richard B. Tucker

Short-Range Actuarial Projectionsof the Old-Age, Survivors, and Disability Insurance Program, 2005

Short-Range Actuarial Projections
of the Old-Age, Survivors, and
Disability Insurance Program, 2005