Social Security 2019 Trustees Report

Today, the Social Security Board of Trustees released its annual report on the current and projected financial status of Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds.

The combined funds reserves are projected to become depleted in 2035, one year later than projected last year, with 80 percent of scheduled benefits payable at that time. The DI Trust Fund reserves are estimated to become depleted in 2052, extended 20 years from last year’s estimate of 2032, with 91 percent of benefits still payable.

To learn more, please visit: https://www.ssa.gov/news/press/releases/2019/#4-2019-1

Join us on Facebook Events Page on Tuesday, April 30, at 7 p.m. ET as we chat with Social Security’s Chief Actuary Steve Goss about the 2019 Trustees Report. You can register for the event starting on Wednesday, April 24.

 

 Note: The closed-captioned version will be available post broadcast.

 

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Social Security 2018 Trustees Report

woman sitting by windowToday, the Social Security Board of Trustees released its annual report on the current and projected financial status of the Old-Age and Survivors Insurance and Disability Insurance (OASDI) Trust Funds. To learn more, please visit http://ow.ly/G2Kl30klYyH. 

Join us on Facebook Live on 6/14 at 7 P.M. ET as we chat with Social Security’s Chief Actuary Steve Goss .

Note: The closed captioned version will be available post broadcast.

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Social Security Funded Until 2034, and About Three-Quarters Funded for the Long Term; Many Options to Address the Long-Term Shortfall

Trustee's ReportThe Social Security Board of Trustees today released its 76th annual report to Congress on the financial status of the Social Security trust funds.  As a trustee of Social Security funds, I work with the other trustees to ensure the public is informed about the status of Social Security’s finances for the short term and over the next 75 years.

Workers earn their Social Security benefits by contributing through deductions from their paychecks. The Social Security trust funds include the Old Age and Survivors Insurance (OASI) fund, which pays benefits to retired workers and their families and to the families of deceased workers; and the Disability Insurance (DI) fund, which pays benefits to disabled workers and their families. Continue reading

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