Monday, August 11, 2014

Social Security Board of Trustees: No Change in Projected Year of Trust Fund Reserve Depletion

http://www.ssa.gov/news/#!/post/7-2014-2

From "Official Social Security Website"
The Social Security Board of Trustees today released its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance, and Disability Insurance (OASDI) Trust Funds are projected to become depleted in 2033, unchanged from last year, with 77 percent of benefits still payable at that time. The DI Trust Fund will become depleted in 2016, also unchanged from last year's estimate, with 81 percent of benefits still payable.

Read more... http://www.ssa.gov/news/#!/post/7-2014-2

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