The current financial outlook for the old-age, survivors, disability, and health insurance
(OASDHI) program indicates several problems. During 1980-84, income and outgo for the …

2018 was a pivotal year for the Social Security program. It was the first year since the 1983
amendments that the Old Age, Survivors and Disability Insurance (OASDI) trust funds spent …

Social security is the mainstay of the economic security of the elderly. In 1982 the aged, the
disabled, their dependents and survivors will receive $156 billion in cash benefits from the …

Recent reports predict that, barring any changes, the Social Security program will become
insolvent--no longer able to pay promised benefits in full--around the year 2030, well within …

Four options to make the social security sustainable under the coming demographic shift are
presented; increase payroll taxes by 6 percentage points, reduce replacement rates by one …

Summary In 1994, the Secretary of Health and Human Services (HHS) appointed the last
quadrennial Advisory Council on Social Security. At that time, the Social Security Act …

In this article I discuss the financial history of the United States' Old-Age, Survivors, and
Disability Insurance program (OASDI), also known as Social Security; I discuss changes in …

Recent decades have seen a trend toward longer life expectancy and reduced birth rates
across the globe. This is good news—the pressures created by rapid population growth are …