Table 3As.
StdVal
NoTaxAdj
(continued)		 Comparison of Moneys Worth Ratios* for Proposals Considered Advisory Council Options With Reduced CPI*
                     
    Ratio of Benefits to Taxes (in present value) for Single Steady Earners
                     
    AGE 22 IN 1971
    Single Male Worker   Single Female Worker
    ----------------------------   ----------------------------
Package (TF
Int)		 Low
Erns		 Ave
Erns		 High
Erns		 Max
Erns		   Low
Erns		 Ave
Erns		 High
Erns		 Max
Erns
Present Law (2.3) 79 59 49 43   92 69 58 50
5% PSA-All Tax (2.3) 77 56 47 42   88 63 53 47
5% PSA-Hi Yld (2.3) 80 58 49 44   91 65 55 49
1.6% IA-Hi Yld (2.3) 73 54 46 40   85 63 53 46
MB+ (2.3) 83 61 51 44   96 72 60 52
MB-PAYGO (4.2) 79 59 49 43   92 69 58 50
MTR (2.3) 72 53 44 38   84 61 51 44
LTR (2.3) 76 52 43 36   88 60 49 41
                     
    AGE 22 IN 1995
    Single Male Worker   Single Female Worker
    -------------------------------   -------------------------------
  (TF
Int)		 Low
Erns		 Ave
Erns		 High
Erns		 Max
Erns		   Low
Erns		 Ave
Erns		 High
Erns		 Max
Erns
Present Law (2.3) 103 77 63 51   117 87 72 58
PL PAYGO (2.3) 98 73 60 48   111 82 68 55
5% PSA-All Tax (2.3) 110 79 69 62   118 83 71 63
5% PSA-Hi Yld (2.3) 137 105 95 87   146 109 97 88
1.6% IA-Hi Yld (2.3) 99 75 64 55   110 81 69 59
MB+ (4.6) 115 85 70 56   131 97 80 64
MB-PAYGO (4.2) 103 77 63 51   117 87 72 58
MTR (2.3) 86 59 47 37   98 67 53 42
LTR (2.3) 104 57 41 30   117 62 44 32
                     
    AGE 22 IN 2019
    Single Male Worker   Single Female Worker
    -------------------------------   -------------------------------
  (TF
Int)		 Low
Erns		 Ave
Erns		 High
Erns		 Max
Erns		   Low
Erns		 Ave
Erns		 High
Erns		 Max
Erns
Present Law (2.3) 112 83 69 55   125 93 77 62
PL PAYGO (2.3) 91 67 56 45   101 75 62 50
5% PSA-All Tax (2.3) 124 91 80 73   132 93 81 73
5% PSA-Hi Yld (2.3) 148 116 105 98   156 118 106 98
1.6% IA-Hi Yld (2.3) 105 79 69 60   114 85 73 63
MB+ (4.6) 127 94 78 63   142 106 87 70
MB-PAYGO (4.2) 103 77 63 51   116 86 71 57
MTR (2.3) 88 59 47 37   99 67 53 42
LTR (2.3) 107 56 39 28   119 60 41 29
                     
* The moneys worth ratio is the ratio of expected benefits to expected employee plus employer taxes, both in present value.
* Assuming 0.21% lower COLA starting Dec 97; no change in nominal wage or interest.
All values based in intermediate assumptions of the 1995 Trustees Report*.
                     
Office of the Actuary / Social Security Administration
July 28, 1996
NOTE: Tables 3A, 3As, and 3Am provide comparisons of "money's worth" ratios derived from contributions and benefits from both the OASDI program and the individual accounts under the various plans. Backup information may be obtained by selection of the following :

Questions? Please contact Orlo.R.Nichols@ssa.gov