06 May 2012

∙ Social Security: Gone in ‘33?


“The Social Security Board of Trustees…released its annual report on the financial health of the Social Security Trust Funds. The combined assets of the Old-Age and Survivors Insurance, and Disability Insurance (OASDI) Trust Funds will be exhausted in 2033, three years sooner than projected last year. The DI Trust Fund will be exhausted in 2016, two years earlier than last year’s estimate.”

Source: Social Security Administration


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