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Outlook of Combined Trust Funds Improves

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 The Social Security Board of Trustees released its annual report on the long-term financial status of the Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds.

The combined trust funds are projected to become depleted in 2035, with 80% of benefits payable at that time. The DI Trust Fund is not projected to become depleted during the 75-year projection period.

For more information, please visit www.ssa.gov/news/press/releases/2022/#6-2022-1.

 

MageeNews.com is an online news source serving Simpson and surrounding counties as well as the State of Mississippi.

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