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

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ACTUARIAL STUDY NO. 119
by Chris Motsiopoulos
and Richard B. Tucker

IV.9.—Reimbursements to the OASI and DI Trust Funds due to Unnegotiated Checks
(Calendar years 1983-2004, and calendar quarters 2005-14
[Amounts in millions]
Calendar
period
OASI Trust Fund
DI Trust Fund
Total
reimbursements
to OASDI
Trust Funds
Benefit payments
Unnegotiated check reimbursement
Benefit payments
Unnegotiated check reimbursement
Percent of
benefit payments
Amount
Percent of
benefit payments
Amount
1983
$149,502.4
0.193
$288.0
$17,530.2
0.274
$48.0
$336.0
1984
157,862.0
.013
21.0
17,900.1
.017
3.0
24.0
1985
167,359.6
.067
111.8
18,835.9
.047
8.8
120.6
1986
176,844.4
.018
31.6
19,846.8
.013
2.5
34.1
1987
183,644.1
.031
57.6
20,511.5
.038
7.9
65.5
1988
195,521.7
.035
67.7
21,692.2
.052
12.7
80.4
1989
207,977.0
.003
5.9
22,873.4
.003
.8
6.7
1990
222,992.9
.003
6.1
24,803.3
.025
6.3
12.4
1991
240,436.2
-.013
-31.2
27,661.7
.011
3.0
-28.1
1992
254,939.4
.022
56.6
31,091.2
.039
12.2
68.8
1993
267,804.5
.018
49.3
34,597.7
.037
12.9
62.2
1994
279,117.7
.018
49.8
37,716.8
.034
12.8
62.5
1995
291,682.3
.018
51.8
40,898.2
.034
14.0
65.8
1996
302,914.4
.018
53.2
44,173.9
.037
16.3
69.6
1997
316,311.1
.017
54.1
45,659.3
.037
17.1
71.2
1998
326,817.3
.017
55.5
48,173.4
.036
17.3
72.8
1999
334,437.2
.016
53.8
51,331.0
.035
17.7
71.5
2000
352,706.5
.016
55.0
54,938.3
.032
17.7
72.7
2001
372,369.7
.015
57.7
59,579.3
.031
18.3
76.0
2002
388,170.0
.013
51.2
65,645.5
.028
18.2
69.4
2003
399,892.0
.013
49.9
70,905.7
.028
19.6
69.5
2004
415,082.0
.012
50.4
78,202.3
.028
22.1
72.5
2005-I
107,612.5
.012
12.9
20,654.9
.028
5.8
18.7
2005-II
108,197.2
.012
13.0
20,846.6
.028
5.8
18.8
2005-III
108,496.4
.012
13.0
21,036.1
.028
5.9
18.9
2005-IV
109,412.2
.012
13.1
21,272.8
.028
6.0
19.1
2006-I
111,501.5
.012
13.4
21,902.2
.028
6.1
19.5
2006-II
112,210.4
.012
13.5
22,115.6
.028
6.2
19.7
2006-III
112,634.2
.012
13.5
22,302.9
.028
6.2
19.8
2006-IV
113,740.7
.012
13.6
22,538.2
.028
6.3
20.0
2007-I
116,275.4
.012
14.0
23,348.7
.028
6.5
20.5
2007-II
117,117.3
.012
14.1
23,557.5
.028
6.6
20.7
2007-III
117,642.7
.012
14.1
23,739.6
.028
6.6
20.8
2007-IV
118,934.4
.012
14.3
23,971.6
.028
6.7
21.0
2008-I
122,267.4
.012
14.7
24,946.2
.028
7.0
21.7
2008-II
123,253.2
.012
14.8
25,162.9
.028
7.0
21.8
2008-III
123,899.3
.012
14.9
25,351.0
.028
7.1
22.0
2008-IV
125,418.5
.012
15.1
25,592.3
.028
7.2
22.2
2009-I
129,221.5
.012
15.5
27,059.8
.028
7.6
23.1
2009-II
130,450.9
.012
15.7
27,266.1
.028
7.6
23.3
2009-III
131,313.5
.012
15.8
27,440.9
.028
7.7
23.4
2009-IV
133,173.4
.012
16.0
27,668.4
.028
7.7
23.7
2010-I
137,296.7
.012
16.5
28,390.3
.028
7.9
24.4
2010-II
138,655.0
.012
16.6
28,597.9
.028
8.0
24.6
2010-III
139,666.2
.012
16.8
28,772.4
.028
8.1
24.8
2010-IV
141,816.8
.012
17.0
29,026.6
.028
8.1
25.1
2011-I
146,427.5
.012
17.6
29,809.0
.028
8.3
25.9
2011-II
147,949.3
.012
17.8
30,025.5
.028
8.4
26.2
2011-III
149,067.4
.012
17.9
30,206.9
.028
8.5
26.3
2011-IV
151,463.2
.012
18.2
30,469.6
.028
8.5
26.7
2012-I
156,426.7
.012
18.8
31,791.4
.028
8.9
27.7
2012-II
158,169.6
.012
19.0
31,988.6
.028
9.0
27.9
2012-III
159,487.8
.012
19.1
32,149.6
.028
9.0
28.1
2012-IV
162,225.1
.012
19.5
32,394.4
.028
9.1
28.5
2013-I
167,626.5
.012
20.1
33,577.4
.028
9.4
29.5
2013-II
169,522.2
.012
20.3
33,761.3
.028
9.5
29.8
2013-III
170,980.3
.012
20.5
33,907.9
.028
9.5
30.0
2013-IV
174,025.6
.012
20.9
34,144.1
.028
9.6
30.4
2014-I
179,813.8
.012
21.6
35,435.1
.028
9.9
31.5
2014-II
181,811.1
.012
21.8
35,637.9
.028
10.0
31.8
2014-III
183,364.3
.012
22.0
35,800.3
.028
10.0
32.0
2014-IV
186,676.3
.012
22.4
36,056.8
.028
10.1
32.5

Sources:

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

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