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SSASIM input table INDACCT

Contains specification of dynamic policy parameters used to describe individual account policy parameters that are not specified in the macro model's ACCT table and ACCT child tables.

Parent table is: POLICY

There are no child tables.

Go to SSASIM input parameters overview

SSASIM:   INDACCT . id
Identifies set of individual account policy parameters specified on this row of table, so id value should be unique for each group of rows that has a collection of cal_year values (see below).

Valid values: 1 to 999999999 (nine digits), Integer

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . notes
Describes specification of table row in free-form note.

Valid values: any ASCII text (Note: do not copy and paste from a word processor because of the possibility of embedded non-ASCII characters.)

Source code: notes are not read by the model

SSASIM:   INDACCT . cal_year
Identifies calendar year during which the individual account policy parameters specified on this table row are in effect. Calendar years for which no row exists have all their parameter values calculated by linear interpolation between the closest prior year and closest subsequent year for which table rows have been specified for this id. The value of each parameter for years following the last specified year are taken to be equal to the value of the parameter in the last specified year.

Valid values: 1992 to (1992+RUN.num_years), Integer

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . adhoc_amts
Specifies whether dollar-amount parameters are set to the amounts specified on this table row or are indexed from prior year amounts using the standard AWI-indexing rules. Note that this parameter is interpolated across calendar years (see cal_year above) and that adhoc_amts must be true when cal_year=1992. The relevant dollar-amount parameters are: mc_e_top1, vc_max_amt, gc_min_amt, gc_max_amt, gc_e_full, and gc_e_zero.

Valid values: T (=1) or F (=0) (for true or false), Logical

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . mc_rate1
Specifies the marginal contribution rate in effect for this calendar year for an individual's annual taxable earnings between zero and mc_e_top1, the earnings level that is the top of this first marginal rate bracket (see below). Marginal contribution rate is expressed as a percent of individual's taxable earnings. Contribution rate is basic mandatory-account rate or diversion voluntary-account rate on taxable earnings. This parameter affects only the micro model's simulation of account contributions by cohort individuals. See ACCTDYN table for the average contribution rate parameter used in the macro model of aggregate account contributions.

Valid values: 0.0 to 50.0, Real

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . mc_e_top1
Specifies earnings level that is the top of the first marginal contribution rate bracket, within which the rate is mc_rate1 (see above). This dollar amount parameter is the prior year's AWI-indexed amount for years in which adhoc_amts (see above) is false; otherwise the parameter has the value specified in the table.

Valid values: 0 to 99999999, Integer

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . mc_rate2
Specifies the marginal contribution rate in effect for this calendar year for an individual's annual earnings between mc_e_top1 (see above) and the maximum taxable earnings level (see MTE table). Marginal contribution rate is expressed as a percent of individual's taxable earnings. Contribution rate is basic mandatory-account rate or diversion voluntary-account rate on taxable earnings. This parameter affects only the micro model's simulation of account contributions by cohort individuals. See ACCTDYN table for the average contribution rate parameter used in the macro model of aggregate account contributions.

Valid values: 0.0 to 50.0, Real

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . vc_max_amt
Specifies the maximum dollar amount of voluntary contributions to the mandatory account for this calendar year. This dollar amount parameter is the prior year's AWI-indexed for years in which adhoc_amts (see above) is false; otherwise the parameter has the value specified in the table.

Valid values: 0 to 99999999, Integer

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . gc_min_amt
Specifies the minimum dollar amount of government matching contributions to the account for this calendar year. This dollar amount parameter is the prior year's AWI-indexed for years in which adhoc_amts (see above) is false; otherwise the parameter has the value specified in the table.

Valid values: 0 to 99999999, Integer

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . gc_match_r
Specifies the government rate of matching individual voluntary contributions. The matching rate is expressed as a percent of individual's voluntary contributions.

Valid values: 0.0 to 100.0, Real

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . gc_max_amt
Specifies the maximum dollar amount of government matching contributions to the account for this calendar year. This dollar amount parameter is the prior year's AWI-indexed for years in which adhoc_amts (see above) is false; otherwise the parameter has the value specified in the table.

Valid values: 0 to 99999999, Integer

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . gc_e_full
Specifies for this calendar year the dollar earnings amount below which individuals get the full amount of government matching of their voluntary contributions. This dollar amount parameter is the prior year's AWI-indexed for years in which adhoc_amts (see above) is false; otherwise the parameter has the value specified in the table. Individuals whose earnings are between gc_e_full and gc_e_zero (see below) have their government matching contributions reduced by a fraction that is equal to the ratio of (earnings-gc_e_full) and (gc_e_zero-gc_e_full).

Valid values: 0 to 99999999, Integer [must be no greater than gc_e_zero]

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . gc_e_zero
Specifies for this calendar year the dollar earnings amount above which individuals get no government matching of their voluntary contributions. This dollar amount parameter is the prior year's AWI-indexed for years in which adhoc_amts (see above) is false; otherwise the parameter has the value specified in the table. Individuals whose earnings are between gc_e_full (see above) and gc_e_zero have their government matching contributions reduced by a fraction that is equal to the ratio of (earnings-gc_e_full) and (gc_e_zero-gc_e_full).

Valid values: 0 to 99999999, Integer [must be no less than gc_e_full]

Source code: policy.h and policy.cpp

SSASIM:   INDACCT . di_access
Specifies for this calendar year the rule for accessing individual account balances for DI beneficiaries. The allowable rules are as follows: 0 implies that there is no access to account balances for DI beneficiaries before their NRA; 1 implies that DI beneficiaries access their account balances at their ERA (or at their DI-onset age if that is greater than their ERA); and 2 implies that DI beneficiaries access their account balances when they first come onto the DI program (i.e., at their DI-onset age).

Valid values: 0 to 2, Integer

Source code: policy.h and policy.cpp