Tag: Trustees Report

June,1,,2019,,Brazil.,In,This,Photo,Illustration,The,Social

The brief’s key findings are: The 2015 Trustees Report shows little change from last year: Social Security’s 75-year deficit declined modestly from 2.88 percent to 2.68 percent of payroll. The deficit as a percent of GDP remains at about 1 percent. Trust fund exhaustion moved back slightly from 2033 to 2034, after which payroll taxes…

Jigsaw puzzle with missing piece

Each year the Social Security actuaries project the system’s financial outlook over the next 75 years.  This report usually comes out in April but this year was delayed to the end of July.  This delay raised the question whether the delay was driven by controversy and intrigue or by the inability to get six peo…