Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Regional Vice President of Sales The Retirement Plan Company
|
Compass
|
Bates & Company, Inc.
|
AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
An Actuarial Perspective on the 2021 Social Security Trustees Report (PDF)
American Academy of Actuaries Sept. 21, 2021 14 pages. "OASDI finances have been significantly affected by the pandemic and recession of 2020 ... If changes to the program are not implemented before 2034, only 78% of scheduled benefits would be payable after depletion in 2034, declining to 74% by 2095 ... The actuarial deficit increased from 3.21% of taxable payroll to 3.54% of taxable payroll[.]" |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |