[OC] US Social Security Fund HistorySubmitted by PM_Ur_Illiac_Furrows t3_11q7ed4 in dataisbeautiful
breaditbans t1_jc57dmq wrote
Reply to comment by tabrisangel in [OC] US Social Security Fund History by PM_Ur_Illiac_Furrows
Ten years ago the depletion date was 2025. I’ve tried to find the ever changing insolvency date. It moves back by a few years every few years. Nobody explains why or how.
Changes would have to be made to maintain benefits as they are currently described. But if no change to the law is made, benefits would decrease by ~20-25% compared to what was promised.
tabrisangel t1_jc8sitg wrote
That's just a lie and minimizing the problem.
Nowhere was it ever 2025 you'll need to link something serious.
It STARTS at 75% the first year, then goes lower and lower. It's not as if it will just stay at that figure when you forecast out to 2050 for example.
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