Tag: fertility
Despite decline in disability rolls, Trustees did not lower their assumptions. The Social Security Trustees recently released their 2018 Report showing little change in the financial outlook from last year – a 75-year deficit of 2.84 percent of payroll and a trust fund depletion date of 2034. A lot of economic and demographic assumptions go…
Is the drop in fertility due to the Great Recession or is it a permanent change? The fertility rate has enormous implications for the size of our workforce and for the finances of the Social Security system, which operates largely on a pay-as-you-go basis. A decline in the fertility rate would reduce the number of…