PUBLIC LAW 102-325—JULY 23, 1992 106 STAT. 603 "(d) EDUCATION SAVINGS AND ASSET PROTECTION ALLOWANCE.— For each award year after award year 1992-1993, the Secretary shall publish in the Federal Register a revised table of allowances for the purpose of sections 475(d)(3), 476(c)(3), and 477(c)(3). Such revised table shall be developed by determining the present value cost, rounded to the nearest $100, of an annuity that would provide, for each age cohort of 40 and above, a supplemental income at age 65 (adjusted for inflation) equal to the difference between the moderate family income (as most recently determined by the Biu'eau of Labor Statistics), and the current average social security retirement benefits. For each age cohort below 40, the allowance shall be computed by decreasing the allowance for age 40, as updated, by one-fifteenth for each year of age below age 40 and roimding the result to the nearest $100. In making such determinations— "(1) inflation shall be presumed to be 6 percent per year; "(2) the rate of return of an annuity shall be presumed to be 8 percent; and "(3) the sales commission on an annuity shall be presumed to be 6 percent. "(e) ASSESSMENT SCHEDULES AND RATES. — For each award year after award year 1992-1993, the Secretary shall publish in the FedersQ Register a revised table of assessmentsfi*omadjusted available income for the purpose of sections 475(e) and 477(d). Such revised table shall be developed— "(1) by increasing each dollar amount that refers to adjusted available income by a percentage equal to the estimated percentage increase in the Constuner Price Index (as determined by the Secretary) between December 1992 and the December next preceding the beginning of such academic year, rounded to the nearest $100; and "(2) by adjusting the other doUar amounts to reflect the changes made pursuant to paragraph (1). "(f) DEFINITION OF CONSUMER PRICE INDEX. —AS used in this section, the term 'Consumer Price Index* means the Consumer Price Index for All Urban Consumers published by the Department of Labor. Each annual update of tables to reflect changes in the Consumer Price Index shall be corrected for misestimation of actual changes in such Index in previous years. "(g) STATE AND OTHER TAX ALLOWANCE.— For each award year after award year 1992-1993, the Secretary shall publish in the Federal Register a revised table of State and other tax allowances for the purpose of sections 475(c)(2), 475(g)(3), 476(b)(2), and 477(b)(2). The Secretary shall develop such revised table after review of the Department of the Treasury's Statistics of Income file and determination of the percentage of income that each State's taxes represent. "(h) EMPLOYMENT EXPENSE ALLOWANCE.— For each award year after award year 1992-1993, the Secretary shall publish in the Federal Register a revised table of employment expense allowances for the purpose of sections 475(c)(5), 476(b)(4), and 477(b)(5). Such revised table shall be developed by increasing the dollar amount specified in sections 475(c)(5)(A), 475(c)(5)(B), 476(b)(4)(A), 476(b)(4)(B), 477(b)(5)(A), and 477(b)(5)(B) to reflect increases in the amount and percent of the Bureau of Labor Standards budget of the marginal costs for meals away from home, apparel and
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