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Table 71m 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 1971
-----------------------------------------------------------------------------------------
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) 53844 89807 117891 138319 48301 80201 105599 124884
5% PSA-All Tax(2.3) 52064 81828 106232 124328 46746 73189 95801 113019
5% PSA-Hi Yld (2.3) 52516 82830 107836 126753 47218 74238 97479 115556
1.6% IA-Hi Yld(2.3) 48571 80468 105704 123758 43214 71270 94006 111061
MB+ (4.6) 57528 95857 125921 146607 51790 85930 113204 132683
MB-PAYGO (4.2) 53824 89748 117852 137068 48281 80142 105560 123638
MTR (2.3) 47429 77931 101645 117640 42032 68643 89803 104727
LTR (2.3) 48832 74644 94738 107008 43385 65720 83851 95015
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1971
-----------------------------------------------------------------------------------------
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) 32810 72912 114560 155374 33852 75228 118260 160802
5% PSA-All Tax(2.3) 34338 76304 119988 163534 35496 78882 124108 169590
5% PSA-Hi Yld (2.3) 33636 74746 117494 159792 34740 77198 121414 165552
1.6% IA-Hi Yld(2.3) 33680 74842 117648 160026 34786 77302 121580 165802
MB+ (4.6) 33636 74746 117494 159792 34740 77198 121414 165552
MB-PAYGO (4.2) 32810 72912 114560 155374 33852 75228 118260 160802
MTR (2.3) 32810 72912 114560 155374 33852 75228 118260 160802
LTR (2.3) 30922 68714 107842 145258 31822 70714 111040 149928
Present Value of Expected "Net Subsidy" Cohort 22 in 1971
-----------------------------------------------------------------------------------------
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) 21034 16895 3331 -17055 14449 4973 -12661 -35918
5% PSA-All Tax(2.3) 17726 5524 -13756 -39206 11250 -5693 -28307 -56571
5% PSA-Hi Yld (2.3) 18880 8084 -9658 -33039 12478 -2960 -23935 -49996
1.6% IA-Hi Yld(2.3) 14891 5626 -11944 -36268 8428 -6032 -27574 -54741
MB+ (4.6) 23892 21111 8427 -13185 17050 8732 -8210 -32869
MB-PAYGO (4.2) 21014 16836 3292 -18306 14429 4914 -12700 -37164
MTR (2.3) 14619 5019 -12915 -37734 8180 -6585 -28457 -56075
LTR (2.3) 17910 5930 -13104 -38250 11563 -4994 -27189 -54913
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1971
-----------------------------------------------------------------------------------------
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) 164 123 103 89 143 107 89 78
5% PSA-All Tax(2.3) 152 107 89 76 132 93 77 67
5% PSA-Hi Yld (2.3) 156 111 92 79 136 96 80 70
1.6% IA-Hi Yld(2.3) 144 108 90 77 124 92 77 67
MB+ (4.6) 171 128 107 92 149 111 93 80
MB-PAYGO (4.2) 164 123 103 88 143 107 89 77
MTR (2.3) 145 107 89 76 124 91 76 65
LTR (2.3) 158 109 88 74 136 93 76 63
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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