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Beyond the Long-Term Solvency Issue, There are Other Threats Facing Social Security
America’s Social Security System has experienced some disruptive events in the recent past, several of which have caused considerable anxiety for the public and especially for future beneficiaries. Four major disturbances are described in a post on Nasdaq.com written by GoBankingRates’ Vance Cariaga. In his post, which you can access here, he recounts the nagging benefit overpayment problem that caused much negative commentary for the agency and the staff shortages that have plagued Social Security’s customer service arena in recent years. He also touches on the effect of the “baby boom” on the volume of beneficiaries joining the ranks of the retired and immigration issue’s relationship to Social Security funding.