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Social Security Projected Depletion of Combined Trust Funds Moves One Year Earlier
U.S. Social Security Administration [SSA] Link to more items from this source
Mar. 31, 2023

"The Social Security Board of Trustees [released the 2023 annual report] on the 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 2034, one year earlier than projected last year, with 80 percent of benefits payable at that time. The OASI Trust Fund is projected to become depleted in 2033, one year sooner than last year's estimate, with 77 percent of benefits payable at that time."

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