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Table 07s 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 2007
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Single Male Worker Single Female Worker
(TF
Real Low Ave High Max Low Ave High Max
Package Int) Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 43527 71850 94947 114180 50893 84019 111006 133502
PL PAYGO (2.3) 43527 71850 94947 114180 50893 84019 111006 133502
5% PSA-All Tax(2.3) 54515 88256 123997 169523 60316 94168 130586 176531
5% PSA-Hi Yld (2.3) 66676 115282 167237 234285 72968 122282 175568 243901
1.6% IA-Hi Yld(2.3) 46963 79052 109227 142151 53401 88854 121863 157357
MB+ (4.6) 55088 90919 120178 144509 64654 106717 141036 169599
MB-PAYGO (4.2) 43506 71802 94911 114126 50867 83959 110961 133433
MTR (2.3) 35116 52726 67105 79063 41250 61852 78660 92650
LTR (2.3) 30969 35932 40278 44133 36007 40148 44152 47074
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 2007
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Single Male Worker Single Female Worker
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 40018 88928 142286 213112 41524 92278 147644 221138
PL PAYGO (2.3) 45194 100430 160688 240678 47036 104522 167236 250486
5% PSA-All Tax(2.3) 46382 103070 164912 247002 48040 106758 170812 255838
5% PSA-Hi Yld (2.3) 44924 99830 159726 239234 46614 103588 165742 248244
1.6% IA-Hi Yld(2.3) 45182 100402 160644 240610 46882 104184 166694 249672
MB+ (4.6) 44924 99830 159726 239234 46614 103588 165742 248244
MB-PAYGO (4.2) 41200 91558 146492 219412 42822 95160 152256 228046
MTR (2.3) 40018 88928 142286 213112 41524 92278 147644 221138
LTR (2.3) 28786 63970 102354 153302 29872 66380 106208 159076
Present Value of Expected "Net Subsidy" Cohort 22 in 2007
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Single Male Worker Single Female Worker
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 3509 -17078 -47339 -98932 9369 -8259 -36638 -87636
PL PAYGO (2.3) -1667 -28580 -65741 -126498 3857 -20503 -56230 -116984
5% PSA-All Tax(2.3) 8133 -14814 -40915 -77479 12276 -12590 -40226 -79307
5% PSA-Hi Yld (2.3) 21752 15452 7511 -4949 26354 18694 9826 -4343
1.6% IA-Hi Yld(2.3) 1781 -21350 -51417 -98459 6519 -15330 -44831 -92315
MB+ (4.6) 10164 -8911 -39548 -94725 18040 3129 -24706 -78645
MB-PAYGO (4.2) 2306 -19756 -51581 -105286 8045 -11201 -41295 -94613
MTR (2.3) -4902 -36202 -75181 -134049 -274 -30426 -68984 -128488
LTR (2.3) 2183 -28038 -62076 -109169 6135 -26232 -62056 -112002
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 2007
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Single Male Worker Single Female Worker
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 109 81 67 54 123 91 75 60
PL PAYGO (2.3) 96 72 59 47 108 80 66 53
5% PSA-All Tax(2.3) 118 86 75 69 126 88 76 69
5% PSA-Hi Yld (2.3) 148 115 105 98 157 118 106 98
1.6% IA-Hi Yld(2.3) 104 79 68 59 114 85 73 63
MB+ (4.6) 123 91 75 60 139 103 85 68
MB-PAYGO (4.2) 106 78 65 52 119 88 73 59
MTR (2.3) 88 59 47 37 99 67 53 42
LTR (2.3) 108 56 39 29 121 60 42 30
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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