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Table 95s 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
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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) 35311 58290 77028 92870 41567 68626 90668 109300
PL PAYGO (2.3) 35311 58290 77028 92870 41567 68626 90668 109300
5% PSA-401K (2.3) 43967 70753 98630 133722 49164 76434 105214 140986
5% PSA-USBond (2.3) 38588 58799 79503 104932 43566 63992 85308 111024
1.6% IA-401KAn(2.3) 36063 59129 80161 102254 41641 67556 90976 115220
1.6% IA-USBond(2.3) 33642 53748 71552 89290 39146 62013 82106 101865
MB (4.2) 35296 58252 77001 92816 41548 68578 90633 109231
MTR (2.3) 29519 44587 56894 67281 34878 52528 66931 79080
LTR (2.3) 26719 32424 37304 41573 31226 36570 41432 45152
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1995
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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) 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
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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) 1153 -17616 -44422 -89908 6079 -10238 -35514 -80570
PL PAYGO (2.3) -677 -21684 -50930 -99656 4079 -14680 -42620 -91214
5% PSA-401K (2.3) 6093 -13411 -36034 -68898 9798 -11048 -34758 -69590
5% PSA-USBond (2.3) 714 -25365 -55161 -97688 4200 -23490 -54664 -99552
1.6% IA-401KAn(2.3) -2007 -25471 -55197 -101410 2069 -20380 -49722 -96444
1.6% IA-USBond(2.3) -4428 -30852 -63806 -114374 -426 -25923 -58592 -109799
MB (4.2) 1138 -17654 -44449 -89962 6060 -10286 -35549 -80639
MTR (2.3) -4639 -31319 -64556 -115497 -610 -26336 -59251 -110790
LTR (2.3) 1069 -24576 -53896 -95779 4618 -22560 -53178 -97310
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1995
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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) 103 77 63 51 117 87 72 58
PL PAYGO (2.3) 98 73 60 48 111 82 68 55
5% PSA-401K (2.3) 116 84 73 66 125 87 75 67
5% PSA-USBond (2.3) 102 70 59 52 111 73 61 53
1.6% IA-401KAn(2.3) 95 70 59 50 105 77 65 54
1.6% IA-USBond(2.3) 88 64 53 44 99 71 58 48
MB (4.2) 103 77 63 51 117 87 72 58
MTR (2.3) 86 59 47 37 98 67 53 42
LTR (2.3) 104 57 41 30 117 62 44 32
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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