Tag: trust fund depletion
Abstract This study explores how workers respond to reports about Social Security’s finances, using an online experiment in which participants are shown identical articles with different headlines. The headline for the control group reports that Social Security has a “long-term financing shortfall,” but does not directly reference the trust fund. The headlines for the thr…
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…
