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Table 86s 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
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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) 25128 41475 54812 66223 29739 49092 64865 78368
PL PAYGO (2.3) 25128 41475 54812 66223 29739 49092 64865 78368
5% PSA-401K (2.3) 28434 45153 61658 81033 32516 50285 68000 88318
5% PSA-USBond (2.3) 26490 40834 54747 70619 30467 45733 60717 77344
1.6% IA-401KAn(2.3) 24625 39808 53155 66385 28925 46386 61628 76566
1.6% IA-USBond(2.3) 23833 38048 50339 62141 28099 44549 58689 72136
MB (4.2) 25115 41450 54792 66176 29723 49061 64840 78308
MTR (2.3) 21809 33551 43143 51329 25973 39824 51129 60778
LTR (2.3) 20527 27581 33543 38765 24183 31769 38373 43782
Present Value of Expected Pyrl Tax (EE + ER) Cohort 22 in 1986
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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) 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
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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) -2122 -19081 -42078 -79993 1495 -13674 -35561 -73164
PL PAYGO (2.3) -2434 -19773 -43184 -81649 1143 -14454 -36809 -75034
5% PSA-401K (2.3) -698 -19583 -41920 -75231 2282 -16903 -39500 -73842
5% PSA-USBond (2.3) -2642 -23902 -48831 -85645 233 -21455 -46783 -84816
1.6% IA-401KAn(2.3) -4605 -25148 -50775 -90407 -1415 -21034 -46246 -86154
1.6% IA-USBond(2.3) -5397 -26908 -53591 -94651 -2241 -22871 -49185 -90584
MB (4.2) -2135 -19106 -42098 -80040 1479 -13705 -35586 -73224
MTR (2.3) -5441 -27005 -53747 -94887 -2271 -22942 -49297 -90754
LTR (2.3) -2417 -23407 -48037 -84447 493 -20875 -45857 -83418
Moneys Worth Ratio (BenefitsX100/Taxes) Cohort 22 in 1986
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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) 92 68 57 45 105 78 65 52
PL PAYGO (2.3) 91 68 56 45 104 77 64 51
5% PSA-401K (2.3) 98 70 60 52 108 75 63 54
5% PSA-USBond (2.3) 91 63 53 45 101 68 56 48
1.6% IA-401KAn(2.3) 84 61 51 42 95 69 57 47
1.6% IA-USBond(2.3) 82 59 48 40 93 66 54 44
MB (4.2) 92 68 57 45 105 78 65 52
MTR (2.3) 80 55 45 35 92 63 51 40
LTR (2.3) 89 54 41 31 102 60 46 34
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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