Proposals Addressing Trust Fund Solvency
Each year, the Social Security Administration’s Board of Trustees provides formal estimates of the financial status of Social Security’s Old-Age, Survivors, and Disability Insurance (OASDI) Trust Funds. These reports provide forecasts of the impact of economic and demographic assumptions currently in place, projecting the point at which scheduled tax revenues would not be sufficient to accommodate scheduled benefits. Policymakers examine these projections, and use the information provided in the Trustees Reports to develop proposals and options to deal with the long-range solvency issues.
As proposals are submitted, the Social Security Administration conducts actuarial analyses to assess the estimated effect on the financial status of OASDI Trust Funds. The results of these actuarial analyses are made available in two formats:
(1) Category of Changes to the Social Security Program, available at: (http://www.ssa.gov/OACT/solvency/provisions/)
(2) Full analyses of comprehensive proposals, available at: (http://www.ssa.gov/oact/solvency/