| |
Table 65m 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 1965
-----------------------------------------------------------------------------------------
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) 64714 108564 141043 160294 57869 96505 126094 144530
5% PSA-401K (2.3) 65398 106226 136793 154072 58727 94868 123309 139827
5% PSA-USBond (2.3) 65181 105743 136021 152901 58495 94355 122488 138582
1.6% IA-401KAn(2.3) 61552 102835 133094 150602 54837 91058 133094 135358
1.6% IA-USBond(2.3) 61487 102690 132862 150251 54769 90906 118312 134987
MB (4.2) 64673 108508 140517 158448 57828 96448 125570 142693
MTR (2.3) 60894 101373 130754 147068 54138 89505 116071 131604
LTR (2.3) 63359 101695 129542 143119 56556 90048 115596 128177
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1965
-----------------------------------------------------------------------------------------
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) 37986 84414 128852 167758 39256 87238 133326 174144
5% PSA-401K (2.3) 38550 85666 130856 170786 39870 88602 135508 177438
5% PSA-USBond (2.3) 38550 85666 130856 170786 39870 88602 135508 177438
1.6% IA-401KAn(2.3) 38580 85732 130962 170946 39902 88674 135624 177612
1.6% IA-USBond(2.3) 38580 85732 130962 170946 39902 88674 135624 177612
MB (4.2) 37986 84414 128852 167758 39256 87238 133326 174144
MTR (2.3) 37986 84414 128852 167758 39256 87238 133326 174144
LTR (2.3) 36696 81546 124262 160830 37852 84116 128330 166600
Present Value of Expected "Net Subsidy" Cohort 22 in 1965
-----------------------------------------------------------------------------------------
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) 26728 24150 12191 -7464 18613 9267 -7232 -29614
5% PSA-401K (2.3) 26848 20560 5937 -16714 18857 6266 -12199 -37611
5% PSA-USBond (2.3) 26631 20077 5165 -17885 18625 5753 -13020 -38856
1.6% IA-401KAn(2.3) 22972 17103 2132 -20344 14935 2384 -2530 -42254
1.6% IA-USBond(2.3) 22907 16958 1900 -20695 14867 2232 -17312 -42625
MB (4.2) 26687 24094 11665 -9310 18572 9210 -7756 -31451
MTR (2.3) 22908 16959 1902 -20690 14882 2267 -17255 -42540
LTR (2.3) 26663 20149 5280 -17711 18704 5932 -12734 -38423
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1965
-----------------------------------------------------------------------------------------
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) 170 129 109 96 147 111 95 83
5% PSA-401K (2.3) 170 124 105 90 147 107 91 79
5% PSA-USBond (2.3) 169 123 104 90 147 106 90 78
1.6% IA-401KAn(2.3) 160 120 102 88 137 103 98 76
1.6% IA-USBond(2.3) 159 120 101 88 137 103 87 76
MB (4.2) 170 129 109 94 147 111 94 82
MTR (2.3) 160 120 101 88 138 103 87 76
LTR (2.3) 173 125 104 89 149 107 90 77
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 |
www.socialsecurity.gov