Tbl_III_E6.html—Act. Study No.119

III.E6.—Average Monthly Benefit to Student 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	524.8	$225.24	300.5	16.6	$253.10	307.6	0.9412	$242.30	534.4	$263.59	1.0070	$265.44
1981	11.2	534.4	263.59	295.4	14.2	284.99	306.0	.9384	275.05	537.9	298.71	1.0099	301.68
1982	7.4	537.9	298.71	241.0	26.6	305.39	433.0	1.1324	363.30	372.5	260.36	1.0014	260.71
1983	3.5	372.5	260.36	158.4	21.3	315.53	324.9	1.1933	321.56	227.3	231.42	1.0086	233.41
1984	3.5	227.3	231.42	136.6	18.5	341.43	243.4	1.2452	298.26	139.0	250.38	1.0271	257.16
1985	3.1	139.0	250.38	119.3	15.9	362.18	205.7	1.1433	295.13	68.5	352.40	1.0239	360.83
1986	1.3	68.5	352.40	110.6	15.0	378.30	129.6	1.0492	374.56	64.6	363.17	1.0348	375.82
1987	4.2	64.6	363.17	108.4	14.3	401.52	125.5	1.0549	399.21	61.8	382.07	1.0472	400.09
1988	4.0	61.8	382.07	119.7	14.2	426.20	123.8	1.0659	423.54	71.9	405.99	1.0460	424.65
1989	4.7	71.9	405.99	106.3	13.2	450.34	123.8	1.0576	449.55	67.6	424.91	1.0541	447.90
1990	5.4	67.6	424.91	101.6	12.2	471.87	115.2	1.0596	474.54	66.2	442.73	1.0639	471.02
1991	3.7	66.2	442.73	97.5	11.4	488.74	108.6	1.0715	491.93	66.6	454.07	1.0708	486.23
1992	3.0	66.6	454.07	97.3	10.9	502.57	106.0	1.0784	504.37	68.7	465.99	1.0818	504.10
1993	2.6	68.7	465.99	98.5	10.8	513.84	108.1	1.0865	519.46	70.0	470.10	1.0955	514.97
1994	2.8	70.0	470.10	95.5	10.5	529.65	107.4	1.1000	531.60	68.6	479.29	1.1104	532.22
1995	2.6	68.6	479.29	94.6	10.2	543.65	103.9	1.1136	547.63	69.6	486.52	1.1233	546.53
1996	2.9	69.6	486.52	96.8	10.2	556.15	105.5	1.1183	559.86	71.2	496.34	1.1298	560.79
1997	2.1	71.2	496.34	102.1	10.5	566.31	110.0	1.1224	568.80	73.7	505.09	1.1278	569.62
1998	1.3	73.7	505.09	101.6	10.5	575.18	111.9	1.1256	575.91	73.9	510.74	1.1354	579.90
1999	¹ 2.5	73.9	510.74	101.4	10.6	594.25	114.7	1.1336	593.43	71.2	522.19	1.1409	595.78
2000	3.5	71.2	522.19	101.0	10.8	624.45	111.9	1.1502	621.64	71.1	544.77	1.1540	628.66
2001	2.6	71.1	544.77	100.8	11.3	644.52	111.4	1.1534	644.67	71.9	559.60	1.1501	643.60
2002	1.4	71.9	559.60	105.5	11.8	653.85	112.6	1.1584	657.32	76.6	567.68	1.1439	649.39
2003	2.1	76.6	567.68	105.4	12.0	673.21	115.2	1.1604	672.55	78.9	583.26	1.1436	667.00
2004	2.7	78.9	583.26	107.0	13.4	694.74	137.2	1.1358	680.38	62.1	604.86	1.1391	688.99
2005	2.0	62.1	604.86	107.3	12.7	712.18	114.8	1.1582	714.57	67.3	620.20	1.1391	706.47
2006	2.2	67.3	620.20	109.5	12.9	734.13	120.2	1.1566	733.11	69.6	638.88	1.1391	727.75
2007	2.7	69.6	638.88	112.9	13.3	761.85	123.8	1.1584	760.04	71.9	662.71	1.1391	754.88
2008	2.8	71.9	662.71	114.8	13.6	792.00	127.1	1.1579	788.86	73.2	688.63	1.1391	784.41
2009	2.8	73.2	688.63	114.6	13.7	824.03	128.3	1.1573	819.29	73.1	716.13	1.1391	815.74
2010	2.8	73.1	716.13	113.6	13.6	858.49	127.8	1.1581	852.58	72.6	745.69	1.1391	849.41
2011	2.8	72.6	745.69	113.0	13.5	893.09	126.9	1.1579	887.62	72.2	775.53	1.1391	883.39
2012	2.8	72.2	775.53	112.4	13.5	927.96	126.2	1.1575	922.80	71.8	805.66	1.1391	917.72
2013	2.8	71.8	805.66	111.7	13.4	964.58	125.5	1.1579	958.99	71.4	837.25	1.1391	953.71
2014	2.8	71.4	837.25	110.6	13.3	1,002.86	124.6	1.1579	996.56	70.7	870.30	1.1391	991.35

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, awarded (including conversions), and terminated shown earlier.

Number of conversions based on limited data comparing number of awards and terminations to number in force.

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