Government Information

Earl Gregg Swem Library

Updated Long-Term Projections for Social Security

Categories: Elderly,Govt Finance,Retirement/Social Security

http://www.cbo.gov/ftpdocs/72xx/doc7289/06-14-LongTermProjections.pdf

Offers dual projections, where one projection assumes a reduction in benefits to available revenues after trust funds are exhausted, and one (Scheduled Benefits) assumes full benefits will continue to be distributed. Projects exhaustion of trust funds in 2046. From the Congressional Budget Office.