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Estimate of the Program Cost Effects for the Federal Supplemental Security Income (SSI) Program of Enacting the 'Supplemental Security Income Restoration Act of 2021' (PDF)
U.S. Social Security Administration [SSA] 
July 16, 2021 "For the combined effect of enactment of all provisions [of S 2065], effective January 1, 2022, including the interaction among the provisions, we estimate an increase in Federal SSI payments of $510 billion over the calendar year period 2021 through 2030. The enclosed Table 1 provides our estimates of cost increase on an annual basis through 2030 by age group of SSI recipients (under 18, 18 to 64, and 65 and older), and in total.... This Bill would not have any direct effects on the financial status of the Social Security trust funds." MORE >> |
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