Tag: Social Security trust fund

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The brief’s key findings are: Social Security’s trust fund is projected to deplete its reserves in 2034, after which ongoing revenues will cover only about three-quarters of scheduled benefits. News coverage tends to emphasize the depletion date over the ongoing tax revenues, often with alarming headlines. To gauge how such coverage could affect worker behavior,…

A stack of newspapers

Each new reminder in the annual Trustees’ Report that Social Security’s trust fund will be depleted sometime in the 2030s causes a new round of angst. Some 40 percent of the workers in one poll expect to receive nothing from Social Security when they retire. The media often play into this sense of unease wit…