Tag: Social Security actuaries
Despite numerous caveats, the Actuaries’ estimates of returns convey the right message. 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…
Long-run deficit changes little and trust-fund depletion date moves forward one year. 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 t…
