Tag: actuary
The brief’s key findings are: The 2015 Trustees Report shows little change from last year: Social Security’s 75-year deficit declined modestly from 2.88 percent to 2.68 percent of payroll. The deficit as a percent of GDP remains at about 1 percent. Trust fund exhaustion moved back slightly from 2033 to 2034, after which payroll taxes…
The brief’s key findings are: The 2010 Trustees Report had no surprises – Social Security still faces a modest deficit of 2 percent of payroll, which is newsworthy given the economic crisis. The recession has had some shorter-term effects: prices are still below their 2008 levels, so beneficiaries are not expected to receive a COLA…
