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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-401K (2.3) 88768 128904 170221 222474 81179 118325 157806 207557
5% PSA-USBond (2.3) 80199 109862 139754 176838 72741 99573 127803 162617
1.6% IA-401KAn(2.3) 77358 123859 164962 205919 69914 112150 149919 188020
1.6% IA-USBond(2.3) 73302 114847 150541 184320 65973 103392 135906 167032
MB (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-401K (2.3) 45182 100404 160646 240630 46856 104124 166600 249546
5% PSA-USBond (2.3) 45182 100404 160646 240630 46856 104124 166600 249546
1.6% IA-401KAn(2.3) 45442 100982 161570 242014 47126 104722 167556 250980
1.6% IA-USBond(2.3) 45442 100982 161570 242014 47126 104722 167556 250980
MB (4.2) 41004 91120 145792 218380 42554 94562 151300 226630
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-401K (2.3) 43586 28500 9575 -18156 34323 14201 -8794 -41989
5% PSA-USBond (2.3) 35017 9458 -20892 -63792 25885 -4551 -38797 -86929
1.6% IA-401KAn(2.3) 31916 22877 3392 -36095 22788 7428 -17637 -62960
1.6% IA-USBond(2.3) 27860 13865 -11029 -57694 18847 -1330 -31650 -83948
MB (4.2) 44743 51276 42235 7710 35844 35190 20120 -20498
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-401K (2.3) 196 128 106 92 173 114 95 83
5% PSA-USBond (2.3) 178 109 87 73 155 96 77 65
1.6% IA-401KAn(2.3) 170 123 102 85 148 107 89 75
1.6% IA-USBond(2.3) 161 114 93 76 140 99 81 67
MB (4.2) 209 156 129 104 184 137 113 91
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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