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SSA Memorandum: Effects of Financing Individual Accounts with the OASDI Cash Flow Surplus (PDF)
U.S. Social Security Administration [SSA]
June 27, 2005
19 pages. Excerpt: This memorandum presents estimates for the plan .... being introduced today as the 'Stop the Raid on Social Security Act of 2005.' The plan would fund individual accounts with the OASDI annual cash-flow surplus and provide for a benefit offset for plan participants. In addition, the plan would provide for transfers from the General Fund of the Treasury to the OASDI Trust Funds sufficient to maintain solvency until 2041.
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