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Table 19s 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 2019
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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) 44974 74236 98097 117968 52253 86261 113965 137059
PL PAYGO (2.3) 44974 74236 98097 117968 52253 86261 113965 137059
5% PSA-All Tax(2.3) 54751 88792 124875 170889 60283 94355 131025 177345
5% PSA-Hi Yld (2.3) 67076 116182 168699 236530 73064 122757 176469 245413
1.6% IA-Hi Yld(2.3) 47599 80097 110726 144269 53682 89369 122669 158607
MB+ (4.6) 57345 94640 125094 150419 66725 110133 145547 175023
MB-PAYGO (4.2) 44952 74187 98061 117913 52225 86200 113919 136989
MTR (2.3) 35395 52977 67333 79272 41233 61703 78403 92303
LTR (2.3) 30916 35824 40127 43945 35744 39923 43775 46655
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 2019
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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) 40248 89440 143104 214354 41740 92754 148408 222296
PL PAYGO (2.3) 49604 110232 176372 264184 51544 114544 183270 274518
5% PSA-All Tax(2.3) 44032 97850 156560 234508 45584 101296 162074 242766
5% PSA-Hi Yld (2.3) 45182 100404 160646 240630 46856 104124 166600 249546
1.6% IA-Hi Yld(2.3) 45442 100982 161570 242014 47126 104722 167556 250980
MB+ (4.6) 45182 100404 160646 240630 46856 104124 166600 249546
MB-PAYGO (4.2) 43456 96568 154508 231436 45168 100372 160596 240554
MTR (2.3) 40248 89440 143104 214354 41740 92754 148408 222296
LTR (2.3) 28952 64340 102944 154196 30026 66724 106758 159910
Present Value of Expected "Net Subsidy" Cohort 22 in 2019
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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) 4726 -15204 -45007 -96386 10513 -6493 -34443 -85237
PL PAYGO (2.3) -4630 -35996 -78275 -146216 709 -28283 -69305 -137459
5% PSA-All Tax(2.3) 10719 -9058 -31685 -63619 14699 -6941 -31049 -65421
5% PSA-Hi Yld (2.3) 21894 15778 8053 -4100 26208 18633 9869 -4133
1.6% IA-Hi Yld(2.3) 2157 -20885 -50844 -97745 6556 -15353 -44887 -92373
MB+ (4.6) 12163 -5764 -35552 -90211 19869 6009 -21053 -74523
MB-PAYGO (4.2) 1496 -22381 -56447 -113523 7057 -14172 -46677 -103565
MTR (2.3) -4853 -36463 -75771 -135082 -507 -31051 -70005 -129993
LTR (2.3) 1964 -28516 -62817 -110251 5718 -26801 -62983 -113255
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 2019
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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) 112 83 69 55 125 93 77 62
PL PAYGO (2.3) 91 67 56 45 101 75 62 50
5% PSA-All Tax(2.3) 124 91 80 73 132 93 81 73
5% PSA-Hi Yld (2.3) 148 116 105 98 156 118 106 98
1.6% IA-Hi Yld(2.3) 105 79 69 60 114 85 73 63
MB+ (4.6) 127 94 78 63 142 106 87 70
MB-PAYGO (4.2) 103 77 63 51 116 86 71 57
MTR (2.3) 88 59 47 37 99 67 53 42
LTR (2.3) 107 56 39 28 119 60 41 29
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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