Publication Date: March 2008
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Chad Stone; Robert Greenstein
Research Area: Banking and finance; Social conditions
Keywords: Economic projections; Fiscal future; Retirement; Senior citizen
The report projects that Social Security’s trust fund reserves will be exhausted in 2041, the same as projected last year. In 2041, Social Security will be able to pay 78 percent of scheduled benefits, rather than full benefits.