Social Security Trustees Report
Dear NOSSCR members,Today the Board of Trustees of the Social Security Trust Funds released their annual report. The report predicts the Social Security Disability Insurance (SSDI) program will be able to pay out all scheduled benefits through 2032. This is four years longer than the 2017 Trustees Report estimated. Among the reasons for this change is a lower-than-predicted number of SSDI applications and awards. The SSDI trust fund would be able to pay out an estimated 96% of scheduled benefits each year after 2032. NOSSCR has released a press statement with more information (at the link below) about the 2018 Trustees Report. The House Ways and Means Committee Social Security Subcommitte will host a hearing about the report Thursday (June 7) at 11am. Ways and Means hearings are generally livestreamed at www.youtube.com/user/WandMRepublicans.
Executive Director |
Read the Press Statement