Tag: Trust fund exhaustion
Everything the earnest but overburdened citizen needs to know about the Social Security financing shortfall and the leading proposals for addressing the problem. Cheerfully narrated and handsomely designed. PDF of booklet (2014 edition) e-book for online viewing © 2014, by Trustees of Boston College, Center for Retirement Research. All rights reserved. Check out our Social Security…
Each year the Trustees of the Social Security system report on its financial health over the next 75 years. The 2011 Report shows that, despite reduced revenues and increased benefit claims in the short run, the system continues to face a 75-year deficit equal to about 2 percent of taxable payroll (see Figure). T…
