| |
Table 07s 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
-----------------------------------------------------------------------------------------
Single Male Worker Single Female Worker
(TF
Real Low Ave High Max Low Ave High Max
Package Int) Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 43527 71850 94947 114180 50893 84019 111006 133502
PL PAYGO (2.3) 43527 71850 94947 114180 50893 84019 111006 133502
5% PSA-401K (2.3) 54515 88256 123997 169523 60316 94168 130586 176531
5% PSA-USBond (2.3) 46939 71422 97062 129182 52476 76746 102710 134781
1.6% IA-401KAn(2.3) 44205 72923 99424 127463 50572 82566 111805 142290
1.6% IA-USBond(2.3) 40692 65117 86933 108757 46975 74574 99018 123139
MB (4.2) 43506 71802 94911 114126 50867 83959 110961 133433
MTR (2.3) 35116 52726 67105 79063 41250 61852 78660 92650
LTR (2.3) 30969 35932 40278 44133 36007 40148 44152 47074
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 2007
-----------------------------------------------------------------------------------------
Single Male Worker Single Female Worker
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
-----------------------------------------------------------------------------------------
Single Male Worker Single Female Worker
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 3509 -17078 -47339 -98932 9369 -8259 -36638 -87636
PL PAYGO (2.3) -1667 -28580 -65741 -126498 3857 -20503 -56230 -116984
5% PSA-401K (2.3) 9591 -11574 -35729 -69711 13702 -9420 -35156 -71713
5% PSA-USBond (2.3) 2015 -28408 -62664 -110052 5862 -26842 -63032 -113463
1.6% IA-401KAn(2.3) -977 -27479 -61220 -113147 3690 -21618 -54889 -107382
1.6% IA-USBond(2.3) -4490 -35285 -73711 -131853 93 -29610 -67676 -126533
MB (4.2) 3310 -17524 -48009 -99938 9143 -8763 -37393 -88769
MTR (2.3) -4902 -36202 -75181 -134049 -274 -30426 -68984 -128488
LTR (2.3) 2183 -28038 -62076 -109169 6135 -26232 -62056 -112002
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 2007
-----------------------------------------------------------------------------------------
Single Male Worker Single Female Worker
Low Ave High Max Low Ave High Max
Erns Erns Erns Erns Erns Erns Erns Erns
Present Law (2.3) 109 81 67 54 123 91 75 60
PL PAYGO (2.3) 96 72 59 47 108 80 66 53
5% PSA-401K (2.3) 121 88 78 71 129 91 79 71
5% PSA-USBond (2.3) 104 72 61 54 113 74 62 54
1.6% IA-401KAn(2.3) 98 73 62 53 108 79 67 57
1.6% IA-USBond(2.3) 90 65 54 45 100 72 59 49
MB (4.2) 108 80 66 53 122 91 75 60
MTR (2.3) 88 59 47 37 99 67 53 42
LTR (2.3) 108 56 39 29 121 60 42 30
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