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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
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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) 30786 50854 66533 76134 37031 61161 80284 92454
5% PSA-401K (2.3) 32023 52042 68225 78547 38241 61748 81255 93287
5% PSA-USBond (2.3) 31817 51584 67492 77436 38017 61251 80459 92081
1.6% IA-401KAn(2.3) 30620 50489 66034 75687 36900 60757 79628 91654
1.6% IA-USBond(2.3) 30559 50352 65815 75355 36834 60610 79392 91296
MB (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
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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) 37986 84414 128852 167758 39256 87238 133326 174144
5% PSA-401K (2.3) 38550 85666 130856 170786 39870 88602 135508 177438
5% PSA-USBond (2.3) 38550 85666 130856 170786 39870 88602 135508 177438
1.6% IA-401KAn(2.3) 38580 85732 130962 170946 39902 88674 135624 177612
1.6% IA-USBond(2.3) 38580 85732 130962 170946 39902 88674 135624 177612
MB (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
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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) -7200 -33560 -62319 -91624 -2225 -26077 -53042 -81690
5% PSA-401K (2.3) -6527 -33624 -62631 -92239 -1629 -26854 -54253 -84151
5% PSA-USBond (2.3) -6733 -34082 -63364 -93350 -1853 -27351 -55049 -85357
1.6% IA-401KAn(2.3) -7960 -35243 -64928 -95259 -3002 -27917 -55996 -85958
1.6% IA-USBond(2.3) -8021 -35380 -65147 -95591 -3068 -28064 -56232 -86316
MB (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
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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) 81 60 52 45 94 70 60 53
5% PSA-401K (2.3) 83 61 52 46 96 70 60 53
5% PSA-USBond (2.3) 83 60 52 45 95 69 59 52
1.6% IA-401KAn(2.3) 79 59 50 44 92 69 59 52
1.6% IA-USBond(2.3) 79 59 50 44 92 68 59 51
MB (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 |
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