Social Security Combined Trust Funds Projection Remains the Same Says Board of Trustees
Projections in 2020 Report Do Not Reflect the Potential Effects of the COVID-19 Pandemic
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 (OASI and DI) Trust Funds are projected to become depleted in 2035, the same as projected last year, with 79 percent of benefits payable at that time.
To read the full press release click here…
To read the full 2020 OASDI Trustees Report click here…