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Table 77m 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 1977
-----------------------------------------------------------------------------------------
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) 45658 76078 100354 120438 41362 68610 90581 108963
5% PSA-All Tax(2.3) 43944 67147 87275 106505 39897 60823 79588 97655
5% PSA-Hi Yld (2.3) 44875 69214 90583 111497 40858 62958 83004 102810
1.6% IA-Hi Yld(2.3) 40711 66463 87532 105915 36624 59515 78546 95457
MB+ (4.6) 50549 84128 111021 133092 45963 76183 100614 120863
MB-PAYGO (4.2) 45641 76031 100318 120214 41345 68564 90545 108740
MTR (2.3) 39023 62711 81529 96876 34898 55679 72408 86217
LTR (2.3) 39455 57169 71311 82480 35286 50576 63192 72983
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1977
-----------------------------------------------------------------------------------------
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) 27566 61258 98012 140984 28468 63262 101220 145794
5% PSA-All Tax(2.3) 29466 65480 104770 151134 30498 67774 108438 156636
5% PSA-Hi Yld (2.3) 28632 63624 101800 146680 29606 65792 105268 151882
1.6% IA-Hi Yld(2.3) 28688 63750 101998 146980 29666 65926 105482 152202
MB+ (4.6) 28632 63624 101800 146680 29606 65792 105268 151882
MB-PAYGO (4.2) 27566 61258 98012 140984 28468 63262 101220 145794
MTR (2.3) 27566 61258 98012 140984 28468 63262 101220 145794
LTR (2.3) 25128 55838 89342 127944 25862 57470 91950 131854
Present Value of Expected "Net Subsidy" Cohort 22 in 1977
-----------------------------------------------------------------------------------------
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) 18092 14820 2342 -20546 12894 5348 -10639 -36831
5% PSA-All Tax(2.3) 14478 1667 -17495 -44629 9399 -6951 -28850 -58981
5% PSA-Hi Yld (2.3) 16243 5590 -11217 -35183 11252 -2834 -22264 -49072
1.6% IA-Hi Yld(2.3) 12023 2713 -14466 -41065 6958 -6411 -26936 -56745
MB+ (4.6) 21917 20504 9221 -13588 16357 10391 -4654 -31019
MB-PAYGO (4.2) 18075 14773 2306 -20770 12877 5302 -10675 -37054
MTR (2.3) 11457 1453 -16483 -44108 6430 -7583 -28812 -59577
LTR (2.3) 14327 1331 -18031 -45464 9424 -6894 -28758 -58871
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1977
-----------------------------------------------------------------------------------------
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) 166 124 102 85 145 108 89 75
5% PSA-All Tax(2.3) 149 103 83 70 131 90 73 62
5% PSA-Hi Yld (2.3) 157 109 89 76 138 96 79 68
1.6% IA-Hi Yld(2.3) 142 104 86 72 123 90 74 63
MB+ (4.6) 177 132 109 91 155 116 96 80
MB-PAYGO (4.2) 166 124 102 85 145 108 89 75
MTR (2.3) 142 102 83 69 123 88 72 59
LTR (2.3) 157 102 80 64 136 88 69 55
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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