Tag: Social Security actuaries
Each year, the Social Security actuaries issue a report on the internal real rate of return that individuals and married couples would have to earn on their payroll tax contributions in order to cover their promised disability and retirement benefits. These numbers, which are based on hypothetical earners, show how returns vary by earnings levels, over time,…
After months of speculation by commentators, Social Security actuaries have released an updated assessment of the program’s finances to reflect the impact of the pandemic and ensuing recession. These new numbers will replace the intermediate projections in the 2020 Trustees Report as the baseline for evaluation of legislative proposals until the next Trustees Report is…
