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Financial Effects on Social Security of Enacting the Social Security Enhancement and Protection Act of 2021 (PDF)
U.S. Social Security Administration [SSA] 
Jan. 5, 2022 25 pages. "This Bill [HR 5050] includes six provisions with direct effects on the Social Security trust funds.... We estimate that enactment of these provisions would extend the ability of the OASDI program to pay scheduled benefits in full and on time for an additional 20 years. That is, the date of projected depletion of the combined OASI and DI Trust Fund reserves would be moved from 2034 under current law to 2054 assuming enactment of the proposal[.]" |
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