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Table 77s 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 1977
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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) 22460 37082 49000 58848 27042 44651 58993 70999
5% PSA-401K (2.3) 23315 37030 49724 62748 27347 42685 56976 71268
5% PSA-USBond (2.3) 22574 35384 47089 58771 26558 40932 54172 67036
1.6% IA-401KAn(2.3) 21224 34611 46003 56282 25368 41181 54574 66668
1.6% IA-USBond(2.3) 20952 34008 45038 54824 25082 40545 53557 65132
MB (4.2) 22451 37058 48981 58773 27030 44619 58969 70850
MTR (2.3) 19840 31535 41082 48874 23899 37915 49350 58805
LTR (2.3) 19246 27988 35256 40978 23009 33045 41552 48060
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1977
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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) 27566 61258 98012 140984 28468 63262 101220 145794
5% PSA-401K (2.3) 28632 63624 101800 146680 29606 65792 105268 151882
5% PSA-USBond (2.3) 28632 63624 101800 146680 29606 65792 105268 151882
1.6% IA-401KAn(2.3) 28688 63750 101998 146980 29666 65926 105482 152202
1.6% IA-USBond(2.3) 28688 63750 101998 146980 29666 65926 105482 152202
MB (4.2) 27566 61258 98012 140984 28468 63262 101220 145794
MTR (2.3) 27566 61258 98012 140984 28468 63262 101220 145794
LTR (2.3) 25128 55838 89342 127944 25862 57470 91950 131854
Present Value of Expected "Net Subsidy" Cohort 22 in 1977
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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) -5106 -24176 -49012 -82136 -1426 -18611 -42227 -74795
5% PSA-401K (2.3) -5317 -26594 -52076 -83932 -2259 -23107 -48292 -80614
5% PSA-USBond (2.3) -6058 -28240 -54711 -87909 -3048 -24860 -51096 -84846
1.6% IA-401KAn(2.3) -7464 -29139 -55995 -90698 -4298 -24745 -50908 -85534
1.6% IA-USBond(2.3) -7736 -29742 -56960 -92156 -4584 -25381 -51925 -87070
MB (4.2) -5115 -24200 -49031 -82211 -1438 -18643 -42251 -74944
MTR (2.3) -7726 -29723 -56930 -92110 -4569 -25347 -51870 -86989
LTR (2.3) -5882 -27850 -54086 -86966 -2853 -24425 -50398 -83794
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1977
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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) 81 61 50 42 95 71 58 49
5% PSA-401K (2.3) 81 58 49 43 92 65 54 47
5% PSA-USBond (2.3) 79 56 46 40 90 62 51 44
1.6% IA-401KAn(2.3) 74 54 45 38 86 62 52 44
1.6% IA-USBond(2.3) 73 53 44 37 85 62 51 43
MB (4.2) 81 60 50 42 95 71 58 49
MTR (2.3) 72 51 42 35 84 60 49 40
LTR (2.3) 77 50 39 32 89 58 45 36
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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