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Table 95m 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 1995
-----------------------------------------------------------------------------------------
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) 69103 114879 151632 182847 62708 103859 137163 165355
PL PAYGO (2.3) 69103 114879 151632 182847 62708 103859 137163 165355
5% PSA-401K (2.3) 73238 106713 140171 181587 66961 97795 129688 169015
5% PSA-USBond (2.3) 67175 93205 118615 149138 60961 84463 108356 136907
1.6% IA-401KAn(2.3) 63814 102373 135732 168923 57682 92356 122868 153460
1.6% IA-USBond(2.3) 61080 96297 126012 154285 55006 86409 113353 139134
MB (4.2) 69075 114806 151579 182744 62679 103786 137111 165253
MTR (2.3) 56477 86068 109644 129707 50444 76272 97134 114780
LTR (2.3) 53882 63681 71349 78167 47750 55104 61382 66382
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1995
-----------------------------------------------------------------------------------------
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) 34158 75906 121450 182778 35488 78864 126182 189870
PL PAYGO (2.3) 35988 79974 127958 192526 37488 83306 133288 200514
5% PSA-401K (2.3) 37874 84164 134664 202620 39366 87482 139972 210576
5% PSA-USBond (2.3) 37874 84164 134664 202620 39366 87482 139972 210576
1.6% IA-401KAn(2.3) 38070 84600 135358 203664 39572 87936 140698 211664
1.6% IA-USBond(2.3) 38070 84600 135358 203664 39572 87936 140698 211664
MB (4.2) 34158 75906 121450 182778 35488 78864 126182 189870
MTR (2.3) 34158 75906 121450 182778 35488 78864 126182 189870
LTR (2.3) 25650 57000 91200 137352 26608 59130 94610 142462
Present Value of Expected "Net Subsidy" Cohort 22 in 1995
-----------------------------------------------------------------------------------------
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) 34945 38973 30182 69 27220 24995 10981 -24515
PL PAYGO (2.3) 33115 34905 23674 -9679 25220 20553 3875 -35159
5% PSA-401K (2.3) 35364 22549 5507 -21033 27595 10313 -10284 -41561
5% PSA-USBond (2.3) 29301 9041 -16049 -53482 21595 -3019 -31616 -73669
1.6% IA-401KAn(2.3) 25744 17773 374 -34741 18110 4420 -17830 -58204
1.6% IA-USBond(2.3) 23010 11697 -9346 -49379 15434 -1527 -27345 -72530
MB (4.2) 34917 38900 30129 -34 27191 24922 10929 -24617
MTR (2.3) 22319 10162 -11806 -53071 14956 -2592 -29048 -75090
LTR (2.3) 28232 6681 -19851 -59185 21142 -4026 -33228 -76080
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1995
-----------------------------------------------------------------------------------------
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) 202 151 125 100 177 132 109 87
PL PAYGO (2.3) 192 144 119 95 167 125 103 82
5% PSA-401K (2.3) 193 127 104 90 170 112 93 80
5% PSA-USBond (2.3) 177 111 88 74 155 97 77 65
1.6% IA-401KAn(2.3) 168 121 100 83 146 105 87 73
1.6% IA-USBond(2.3) 160 114 93 76 139 98 81 66
MB (4.2) 202 151 125 100 177 132 109 87
MTR (2.3) 165 113 90 71 142 97 77 60
LTR (2.3) 210 112 78 57 179 93 65 47
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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