| |
Table 71m 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 1971
-----------------------------------------------------------------------------------------
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) 53844 89807 117891 138319 48301 80201 105599 124884
5% PSA-401K (2.3) 52064 81828 106232 124328 46746 73189 95801 113019
5% PSA-USBond (2.3) 51605 80807 104599 121859 46270 72131 94108 110459
1.6% IA-401KAn(2.3) 48501 80312 105455 123382 43143 71110 93750 110674
1.6% IA-USBond(2.3) 48346 79968 104904 122548 42984 70757 93185 109820
MB (4.2) 53824 89748 117852 137068 48281 80142 105560 123638
MTR (2.3) 47429 77931 101645 117640 42032 68643 89803 104727
LTR (2.3) 48832 74644 94738 107008 43385 65720 83851 95015
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1971
-----------------------------------------------------------------------------------------
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) 32810 72912 114560 155374 33852 75228 118260 160802
5% PSA-401K (2.3) 33636 74746 117494 159792 34740 77198 121414 165552
5% PSA-USBond (2.3) 33636 74746 117494 159792 34740 77198 121414 165552
1.6% IA-401KAn(2.3) 33680 74842 117648 160026 34786 77302 121580 165802
1.6% IA-USBond(2.3) 33680 74842 117648 160026 34786 77302 121580 165802
MB (4.2) 32810 72912 114560 155374 33852 75228 118260 160802
MTR (2.3) 32810 72912 114560 155374 33852 75228 118260 160802
LTR (2.3) 30922 68714 107842 145258 31822 70714 111040 149928
Present Value of Expected "Net Subsidy" Cohort 22 in 1971
-----------------------------------------------------------------------------------------
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) 21034 16895 3331 -17055 14449 4973 -12661 -35918
5% PSA-401K (2.3) 18428 7082 -11262 -35464 12006 -4009 -25613 -52533
5% PSA-USBond (2.3) 17969 6061 -12895 -37933 11530 -5067 -27306 -55093
1.6% IA-401KAn(2.3) 14821 5470 -12193 -36644 8357 -6192 -27830 -55128
1.6% IA-USBond(2.3) 14666 5126 -12744 -37478 8198 -6545 -28395 -55982
MB (4.2) 21014 16836 3292 -18306 14429 4914 -12700 -37164
MTR (2.3) 14619 5019 -12915 -37734 8180 -6585 -28457 -56075
LTR (2.3) 17910 5930 -13104 -38250 11563 -4994 -27189 -54913
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1971
-----------------------------------------------------------------------------------------
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) 164 123 103 89 143 107 89 78
5% PSA-401K (2.3) 155 109 90 78 135 95 79 68
5% PSA-USBond (2.3) 153 108 89 76 133 93 78 67
1.6% IA-401KAn(2.3) 144 107 90 77 124 92 77 67
1.6% IA-USBond(2.3) 144 107 89 77 124 92 77 66
MB (4.2) 164 123 103 88 143 107 89 77
MTR (2.3) 145 107 89 76 124 91 76 65
LTR (2.3) 158 109 88 74 136 93 76 63
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 |
www.socialsecurity.gov