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Table 65m Comparison of "Moneys Worth" for the OASDI Program for Present Law and
StdVal Advisory Council Options With Reduced CPI*
NoTaxAdj
Present Value of Expected Benefits Cohort 22 in 1965
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
(TF
Real Low Ave High Max Low Ave High Max
Package Int) Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 64714 108564 141043 160294 57869 96505 126094 144530
5% PSA-All Tax(2.3) 65398 106226 136793 154072 58727 94868 123309 139827
5% PSA-Hi Yld (2.3) 65562 106590 137375 154954 58901 95258 123932 140771
1.6% IA-Hi Yld(2.3) 61573 102882 133168 150716 54859 91108 118635 135477
MB+ (4.6) 66919 112219 145391 164052 59972 99989 130221 148046
MB-PAYGO (4.2) 64673 108508 140517 158448 57828 96448 125570 142693
MTR (2.3) 60894 101373 130754 147068 54138 89505 116071 131604
LTR (2.3) 63359 101695 129542 143119 56556 90048 115596 128177
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1965
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 37986 84414 128852 167758 39256 87238 133326 174144
5% PSA-All Tax(2.3) 38984 86630 132398 173102 40350 89666 137212 179996
5% PSA-Hi Yld (2.3) 38550 85666 130856 170786 39870 88602 135508 177438
1.6% IA-Hi Yld(2.3) 38580 85732 130962 170946 39902 88674 135624 177612
MB+ (4.6) 38550 85666 130856 170786 39870 88602 135508 177438
MB-PAYGO (4.2) 37986 84414 128852 167758 39256 87238 133326 174144
MTR (2.3) 37986 84414 128852 167758 39256 87238 133326 174144
LTR (2.3) 36696 81546 124262 160830 37852 84116 128330 166600
Present Value of Expected "Net Subsidy" Cohort 22 in 1965
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 26728 24150 12191 -7464 18613 9267 -7232 -29614
5% PSA-All Tax(2.3) 26414 19596 4395 -19030 18377 5202 -13903 -40169
5% PSA-Hi Yld (2.3) 27012 20924 6519 -15832 19031 6656 -11576 -36667
1.6% IA-Hi Yld(2.3) 22993 17150 2206 -20230 14957 2434 -16989 -42135
MB+ (4.6) 28369 26553 14535 -6734 20102 11387 -5287 -29392
MB-PAYGO (4.2) 26687 24094 11665 -9310 18572 9210 -7756 -31451
MTR (2.3) 22908 16959 1902 -20690 14882 2267 -17255 -42540
LTR (2.3) 26663 20149 5280 -17711 18704 5932 -12734 -38423
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1965
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 170 129 109 96 147 111 95 83
5% PSA-All Tax(2.3) 168 123 103 89 146 106 90 78
5% PSA-Hi Yld (2.3) 170 124 105 91 148 108 91 79
1.6% IA-Hi Yld(2.3) 160 120 102 88 137 103 87 76
MB+ (4.6) 174 131 111 96 150 113 96 83
MB-PAYGO (4.2) 170 129 109 94 147 111 94 82
MTR (2.3) 160 120 101 88 138 103 87 76
LTR (2.3) 173 125 104 89 149 107 90 77
Note: All values based in intermediate assumptions of the 1995 Trustees Report*. All dollar values are present value at age 22, then wage indexed to 1995. * Assuming 0.21% lower COLA starting Dec 97; no change in nominal wage or interest. Office of the Actuary / Social Security Administration July 28, 1996 |
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