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Table 07m 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 2007
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
(TF
Real Low Ave High Max Low Ave High Max
Package Int) Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 83983 139522 184179 221485 76588 126796 167466 201400
PL PAYGO (2.3) 83983 139522 184179 221485 76588 126796 167466 201400
5% PSA-All Tax(2.3) 88771 128798 169955 221953 81271 118301 157630 207136
5% PSA-Hi Yld (2.3) 102396 159076 218400 294509 94769 148297 205624 279017
1.6% IA-Hi Yld(2.3) 80157 130727 175839 222252 72778 118792 160496 203810
MB+ (4.6) 106289 176463 233209 280419 97217 161054 212837 255937
MB-PAYGO (4.2) 83944 139432 184111 221382 76549 126707 167398 201297
MTR (2.3) 66896 101258 128688 151632 59797 89946 114343 134685
LTR (2.3) 62444 70293 76347 81751 55297 60581 65278 68814
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 2007
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 40018 88928 142286 213112 41524 92278 147644 221138
PL PAYGO (2.3) 45194 100430 160688 240678 47036 104522 167236 250486
5% PSA-All Tax(2.3) 46382 103070 164912 247002 48040 106758 170812 255838
5% PSA-Hi Yld (2.3) 44924 99830 159726 239234 46614 103588 165742 248244
1.6% IA-Hi Yld(2.3) 45182 100402 160644 240610 46882 104184 166694 249672
MB+ (4.6) 44924 99830 159726 239234 46614 103588 165742 248244
MB-PAYGO (4.2) 41200 91558 146492 219412 42822 95160 152256 228046
MTR (2.3) 40018 88928 142286 213112 41524 92278 147644 221138
LTR (2.3) 28786 63970 102354 153302 29872 66380 106208 159076
Present Value of Expected "Net Subsidy" Cohort 22 in 2007
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 43965 50594 41893 8373 35064 34518 19822 -19738
PL PAYGO (2.3) 38789 39092 23491 -19193 29552 22274 230 -49086
5% PSA-All Tax(2.3) 42389 25728 5043 -25049 33231 11543 -13182 -48702
5% PSA-Hi Yld (2.3) 57472 59246 58674 55275 48155 44709 39882 30773
1.6% IA-Hi Yld(2.3) 34975 30325 15195 -18358 25896 14608 -6198 -45862
MB+ (4.6) 61365 76633 73483 41185 50603 57466 47095 7693
MB-PAYGO (4.2) 42744 47874 37619 1970 33727 31547 15142 -26749
MTR (2.3) 26878 12330 -13598 -61480 18273 -2332 -33301 -86453
LTR (2.3) 33658 6323 -26007 -71551 25425 -5799 -40930 -90262
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 2007
-----------------------------------------------------------------------------------------
Married, Male Worker Only Married, Female Worker Only
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 210 157 129 104 184 137 113 91
PL PAYGO (2.3) 186 139 115 92 163 121 100 80
5% PSA-All Tax(2.3) 191 125 103 90 169 111 92 81
5% PSA-Hi Yld (2.3) 228 159 137 123 203 143 124 112
1.6% IA-Hi Yld(2.3) 177 130 109 92 155 114 96 82
MB+ (4.6) 237 177 146 117 209 155 128 103
MB-PAYGO (4.2) 204 152 126 101 179 133 110 88
MTR (2.3) 167 114 90 71 144 97 77 61
LTR (2.3) 217 110 75 53 185 91 61 43
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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