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Table 26 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 2026
--------------------------------------------------------------------------------------------------
Composite Workers Married, Two Earner Couples
(TF ----------------------------------------- -----------------------------------------
Real Low Ave High Max Low/ Ave/ Ave/ High/ High/
Package Int) Erns Erns Erns Erns Total Low Low Ave Ave High
Present Law (2.3) 86954 149001 190020 210155 144151 102650 148331 170012 208822 224731
PL PAYGO (2.3) 86954 149001 190020 210155 144151 102650 148331 170012 208822 224731
5% PSA-401K (2.3) 112603 180629 228753 243329 175681 139752 179798 215782 256978 296412
5% PSA-USBond (2.3) 98896 150465 183864 190730 145520 122721 152278 177936 207690 235858
1.6% IA-401KAn(2.3) 95975 161835 195285 208008 153143 119271 158963 194805 219965 241690
1.6% IA-USBond(2.3) 89520 147615 174110 183348 138932 111253 145973 176987 196723 213181
MB (4.2) 86886 148913 189949 210055 144072 102559 148246 169913 208739 224658
MTR (2.3) 79431 125418 141060 145061 116763 98730 125728 149158 160470 168654
LTR (2.3) 70186 87312 89870 81145 82404 87066 94693 98703 104533 109086
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 2026
--------------------------------------------------------------------------------------------------
Composite Workers Married, Two Earner Couples
----------------------------------------- ------------------------------------------
Low Ave High Max Low/ Ave/ Ave/ High/ High/
Erns Erns Erns Erns Total Low Low Ave Ave High
Present Law (2.3) 66794 145517 217025 255012 145895 82016 131234 182242 235934 291616
PL PAYGO (2.3) 86851 189212 282177 331516 189696 106646 170616 236994 306780 379192
5% PSA-401K (2.3) 74982 163365 243637 286279 163786 92070 147322 204602 264874 327362
5% PSA-USBond (2.3) 74982 163365 243637 286279 163786 92070 147322 204602 264874 327362
1.6% IA-401KAn(2.3) 75414 164304 245038 287926 164728 92600 148168 205778 266398 329244
1.6% IA-USBond(2.3) 75414 164304 245038 287926 164728 92600 148168 205778 266398 329244
MB (4.2) 68764 149807 223410 262479 150190 84436 135086 187634 242888 300216
MTR (2.3) 66794 145517 217025 255012 145895 82016 131234 182242 235934 291616
LTR (2.3) 48050 104685 156125 183449 104956 59000 94404 131110 169734 209776
Present Value of Expected "Net Subsidy" Cohort 22 in 2026
--------------------------------------------------------------------------------------------------
Composite Workers Married, Two Earner Couples
----------------------------------------- ------------------------------------------
Low Ave High Max Low/ Ave/ Ave/ High/ High/
Erns Erns Erns Erns Total Low Low Ave Ave High
Present Law (2.3) 20160 3484 -27005 -44857 -1744 20634 17097 -12230 -27112 -66885
PL PAYGO (2.3) 103 -40212 -92157 -121362 -45545 -3996 -22285 -66982 -97958 -154461
5% PSA-401K (2.3) 37622 17263 -14885 -42950 11895 47682 32476 11180 -7896 -30950
5% PSA-USBond (2.3) 23914 -12900 -59773 -95549 -18267 30651 4956 -26666 -57184 -91504
1.6% IA-401KAn(2.3) 20562 -2469 -49753 -79917 -11586 26671 10795 -10973 -46433 -87554
1.6% IA-USBond(2.3) 14106 -16689 -70929 -104578 -25796 18653 -2195 -28791 -69675 -116063
MB (4.2) 18122 -894 -33461 -52424 -6118 18123 13160 -17721 -34149 -75558
MTR (2.3) 12637 -20099 -75965 -109951 -29132 16714 -5506 -33084 -75464 -122962
LTR (2.3) 22136 -17373 -66255 -102304 -22551 28066 289 -32407 -65201 -100690
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 2026
--------------------------------------------------------------------------------------------------
Composite Workers Married, Two Earner Couples
----------------------------------------- ------------------------------------------
Low Ave High Max Low/ Ave/ Ave/ High/ High/
Erns Erns Erns Erns Total Low Low Ave Ave High
Present Law (2.3) 130 102 88 82 99 125 113 93 89 77
PL PAYGO (2.3) 100 79 67 63 76 96 87 72 68 59
5% PSA-401K (2.3) 150 111 94 85 107 152 122 105 97 91
5% PSA-USBond (2.3) 132 92 75 67 89 133 103 87 78 72
1.6% IA-401KAn(2.3) 127 98 80 72 93 129 107 95 83 73
1.6% IA-USBond(2.3) 119 90 71 64 84 120 99 86 74 65
MB (4.2) 126 99 85 80 96 121 110 91 86 75
MTR (2.3) 119 86 65 57 80 120 96 82 68 58
LTR (2.3) 146 83 58 44 79 148 100 75 62 52
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 |
www.socialsecurity.gov