Social Security's financial outlook

Munnell, Alicia Haydock. “Social Security's financial outlook”. Issue in Brief 11-9, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, June 2011. http://hdl.handle.net/2345/bc-ir:104200.
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Abstract

The brief's key findings are: (1) Highlights of the 2011 Trustees Report: (1a) Social Security's deficit is still about 2 percent of payroll. (1b) Deficit as a percent of GDP is less than 1 percent. (1c) Trust fund exhaustion moved up one year to 2036. (2) Items of note: (2a) COLA is expected to be back after a two-year hiatus. (2b) Disability Insurance Trust Fund exhausts its assets in 2018. (2c) Future of the employee payroll tax cut is uncertain.

Title
Social Security's financial outlook: The 2011 update in perspective
Author
Munnell, Alicia Haydock
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
June 2011
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
11-9
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104200
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Social Security

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