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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-401K (2.3) 88771 128798 169955 221953 81271 118301 157630 207136
5% PSA-USBond (2.3) 80262 109890 139701 176642 72888 99673 127825 162497
1.6% IA-401KAn(2.3) 77050 123823 164795 205706 69751 112065 149735 187689
1.6% IA-USBond(2.3) 73098 115041 150743 184662 65902 103513 136051 167196
MB (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-401K (2.3) 44924 99830 159726 239234 46614 103588 165742 248244
5% PSA-USBond (2.3) 44924 99830 159726 239234 46614 103588 165742 248244
1.6% IA-401KAn(2.3) 45182 100402 160644 240610 46882 104184 166694 249672
1.6% IA-USBond(2.3) 45182 100402 160644 240610 46882 104184 166694 249672
MB (4.2) 40196 89326 142920 214064 41724 92722 148354 222202
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-401K (2.3) 43847 28968 10229 -17281 34657 14713 -8112 -41108
5% PSA-USBond (2.3) 35338 10060 -20025 -62592 26274 -3915 -37917 -85747
1.6% IA-401KAn(2.3) 31868 23421 4151 -34904 22869 7881 -16959 -61983
1.6% IA-USBond(2.3) 27916 14639 -9901 -55948 19020 -671 -30643 -82476
MB (4.2) 43748 50106 41191 7318 34825 33985 19044 -20905
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-401K (2.3) 198 129 106 93 174 114 95 83
5% PSA-USBond (2.3) 179 110 87 74 156 96 77 65
1.6% IA-401KAn(2.3) 171 123 103 85 149 108 90 75
1.6% IA-USBond(2.3) 162 115 94 77 141 99 82 67
MB (4.2) 209 156 129 103 183 137 113 91
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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