Skip to content
Social Security Online
History
History Home This is an archival or historical document and may not reflect current policies or procedures

1994-96 Advisory Council Report

 
 Table 65s  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
            -----------------------------------------------------------------------------------------
                              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)    30786    50854    66533    76134             37031    61161    80284    92454
 5% PSA-All Tax(2.3)    32023    52042    68225    78547             38241    61748    81255    93287
 5% PSA-Hi Yld (2.3)    32179    52388    68779    79388             38411    62127    81860    94204
 1.6% IA-Hi Yld(2.3)    30640    50533    66105    75795             36922    60805    79704    91770
 MB+           (4.6)    31833    52590    68582    77863             38384    63403    82929    94676
 MB-PAYGO      (4.2)    30765    50825    66265    75195             37004    61123    79934    91226
 MTR           (2.3)    30005    49121    63845    72381             36229    59265    77241    88049
 LTR           (2.3)    30115    47802    61441    68301             36156    57117    73844    82095
 
            Present Value of Expected Pyrl Tax (EE + ER)               Cohort 22 in 1965
            -----------------------------------------------------------------------------------------
                              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)    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
            -----------------------------------------------------------------------------------------
                              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)    -7200   -33560   -62319   -91624             -2225   -26077   -53042   -81690
 5% PSA-All Tax(2.3)    -6961   -34588   -64173   -94555             -2109   -27918   -55957   -86709
 5% PSA-Hi Yld (2.3)    -6371   -33278   -62077   -91398             -1459   -26475   -53648   -83234
 1.6% IA-Hi Yld(2.3)    -7940   -35199   -64857   -95151             -2980   -27869   -55920   -85842
 MB+           (4.6)    -6717   -33076   -62274   -92923             -1486   -25199   -52579   -82762
 MB-PAYGO      (4.2)    -7221   -33589   -62587   -92563             -2252   -26115   -53392   -82918
 MTR           (2.3)    -7981   -35293   -65007   -95377             -3027   -27973   -56085   -86095
 LTR           (2.3)    -6581   -33744   -62821   -92529             -1696   -26999   -54486   -84505
 
            Moneys Worth Ratio (BenefitsX100/Taxes)                    Cohort 22 in 1965
            -----------------------------------------------------------------------------------------
                              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)       81       60       52       45                94       70       60       53
 5% PSA-All Tax(2.3)       82       60       52       45                95       69       59       52
 5% PSA-Hi Yld (2.3)       83       61       53       46                96       70       60       53
 1.6% IA-Hi Yld(2.3)       79       59       50       44                93       69       59       52
 MB+           (4.6)       83       61       52       46                96       72       61       53
 MB-PAYGO      (4.2)       81       60       51       45                94       70       60       52
 MTR           (2.3)       79       58       50       43                92       68       58       51
 LTR           (2.3)       82       59       49       42                96       68       58       49
 
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
 
 
 Link to FirstGov.gov: U.S. Government portal Privacy Policy | Website Policies & Other Important Information | Site Map
Need Larger Text?