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Table 19m 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 2019
-----------------------------------------------------------------------------------------
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) 85789 142487 188096 226193 78440 129843 171488 206235
PL PAYGO (2.3) 85789 142487 188096 226193 78440 129843 171488 206235
5% PSA-All Tax(2.3) 88768 128904 170221 222474 81179 118325 157806 207557
5% PSA-Hi Yld (2.3) 102497 159414 219036 295592 94773 148534 206141 279956
1.6% IA-Hi Yld(2.3) 80554 130963 176324 222943 73021 119055 160965 204569
MB+ (4.6) 109211 181393 239776 288313 99929 165689 218976 263319
MB-PAYGO (4.2) 85747 142396 188027 226090 78398 129752 171420 206132
MTR (2.3) 66994 100830 128111 150727 59775 89619 113868 134023
LTR (2.3) 62268 70015 75999 81332 55042 60242 64873 68355
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 2019
-----------------------------------------------------------------------------------------
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) 40248 89440 143104 214354 41740 92754 148408 222296
PL PAYGO (2.3) 49604 110232 176372 264184 51544 114544 183270 274518
5% PSA-All Tax(2.3) 44032 97850 156560 234508 45584 101296 162074 242766
5% PSA-Hi Yld (2.3) 45182 100404 160646 240630 46856 104124 166600 249546
1.6% IA-Hi Yld(2.3) 45442 100982 161570 242014 47126 104722 167556 250980
MB+ (4.6) 45182 100404 160646 240630 46856 104124 166600 249546
MB-PAYGO (4.2) 43456 96568 154508 231436 45168 100372 160596 240554
MTR (2.3) 40248 89440 143104 214354 41740 92754 148408 222296
LTR (2.3) 28952 64340 102944 154196 30026 66724 106758 159910
Present Value of Expected "Net Subsidy" Cohort 22 in 2019
-----------------------------------------------------------------------------------------
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) 45541 53047 44992 11839 36700 37089 23080 -16061
PL PAYGO (2.3) 36185 32255 11724 -37991 26896 15299 -11782 -68283
5% PSA-All Tax(2.3) 44736 31054 13661 -12034 35595 17029 -4268 -35209
5% PSA-Hi Yld (2.3) 57315 59010 58390 54962 47917 44410 39541 30410
1.6% IA-Hi Yld(2.3) 35112 29981 14754 -19071 25895 14333 -6591 -46411
MB+ (4.6) 64029 80989 79130 47683 53073 61565 52376 13773
MB-PAYGO (4.2) 42291 45828 33519 -5346 33230 29380 10824 -34422
MTR (2.3) 26746 11390 -14993 -63627 18035 -3135 -34540 -88273
LTR (2.3) 33316 5675 -26945 -72864 25016 -6482 -41885 -91555
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 2019
-----------------------------------------------------------------------------------------
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) 213 159 131 106 188 140 116 93
PL PAYGO (2.3) 173 129 107 86 152 113 94 75
5% PSA-All Tax(2.3) 202 132 109 95 178 117 97 85
5% PSA-Hi Yld (2.3) 227 159 136 123 202 143 124 112
1.6% IA-Hi Yld(2.3) 177 130 109 92 155 114 96 82
MB+ (4.6) 242 181 149 120 213 159 131 106
MB-PAYGO (4.2) 197 147 122 98 174 129 107 86
MTR (2.3) 166 113 90 70 143 97 77 60
LTR (2.3) 215 109 74 53 183 90 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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