Actuarial Status of the Social Security and Medicare Programs
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چکیده
l The Federal Old-Age and Survivors Insurance (OASI) Trust Fund is projected to be able to pay benefits for about 42 years under current law and for about 36 years with the recommended reallocation to the DI Trust Fund. The long-range deficits of both the OASI and DI Trust Funds should be addressed. Accordingly, the Board recommends that the Advisory Council on Social Security conduct an extensive review of Social Security financing issues and develop recommendations for restoring the long-range actuarial balance of the OASDI program.
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