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Table 86m 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 1986
-----------------------------------------------------------------------------------------
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) 49848 82965 109490 132317 45015 74604 98523 119038
PL PAYGO (2.3) 49848 82965 109490 132317 45015 74604 98523 119038
5% PSA-401K (2.3) 50339 74640 97181 122503 45834 67944 89219 113039
5% PSA-USBond (2.3) 48169 69817 89465 110875 43646 63082 81440 101317
1.6% IA-401KAn(2.3) 45295 72482 95247 116862 40822 65049 85687 105405
1.6% IA-USBond(2.3) 44407 70508 92090 112103 39937 63081 82539 100660
MB (4.2) 49825 82918 109453 132226 44992 74557 98486 118947
MTR (2.3) 42156 65505 84085 100075 37667 58037 74468 88535
LTR (2.3) 41521 55046 65830 75368 36930 48157 57560 65444
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1986
-----------------------------------------------------------------------------------------
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) 27250 60556 96890 146216 28244 62766 100426 151532
PL PAYGO (2.3) 27562 61248 97996 147872 28596 63546 101674 153402
5% PSA-401K (2.3) 29132 64736 103578 156264 30234 67188 107500 162160
5% PSA-USBond (2.3) 29132 64736 103578 156264 30234 67188 107500 162160
1.6% IA-401KAn(2.3) 29230 64956 103930 156792 30340 67420 107874 162720
1.6% IA-USBond(2.3) 29230 64956 103930 156792 30340 67420 107874 162720
MB (4.2) 27250 60556 96890 146216 28244 62766 100426 151532
MTR (2.3) 27250 60556 96890 146216 28244 62766 100426 151532
LTR (2.3) 22944 50988 81580 123212 23690 52644 84230 127200
Present Value of Expected "Net Subsidy" Cohort 22 in 1986
-----------------------------------------------------------------------------------------
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) 22598 22409 12600 -13899 16771 11838 -1903 -32494
PL PAYGO (2.3) 22286 21717 11494 -15555 16419 11058 -3151 -34364
5% PSA-401K (2.3) 21207 9904 -6397 -33761 15600 756 -18281 -49121
5% PSA-USBond (2.3) 19037 5081 -14113 -45389 13412 -4106 -26060 -60843
1.6% IA-401KAn(2.3) 16065 7526 -8683 -39930 10482 -2371 -22187 -57315
1.6% IA-USBond(2.3) 15177 5552 -11840 -44689 9597 -4339 -25335 -62060
MB (4.2) 22575 22362 12563 -13990 16748 11791 -1940 -32585
MTR (2.3) 14906 4949 -12805 -46141 9423 -4729 -25958 -62997
LTR (2.3) 18577 4058 -15750 -47844 13240 -4487 -26670 -61756
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1986
-----------------------------------------------------------------------------------------
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) 183 137 113 90 159 119 98 79
PL PAYGO (2.3) 181 135 112 89 157 117 97 78
5% PSA-401K (2.3) 173 115 94 78 152 101 83 70
5% PSA-USBond (2.3) 165 108 86 71 144 94 76 62
1.6% IA-401KAn(2.3) 155 112 92 75 135 96 79 65
1.6% IA-USBond(2.3) 152 109 89 71 132 94 77 62
MB (4.2) 183 137 113 90 159 119 98 78
MTR (2.3) 155 108 87 68 133 92 74 58
LTR (2.3) 181 108 81 61 156 91 68 51
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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