From the Social Security Advisory Board:
The Board will hold an event on “The Future of Mortality, Disability, and Work: Helping to Inform the Social Security Trust Fund Projections” on Friday, August 25, 2023, from 9:45 am to 3:30 pm ET. The forum begins with opening remarks followed by two panels on mortality and disability, respectively, an hour break between 1 and 2 pm, and a third panel on work.
Each year, the Board of Trustees reports to Congress on the current and projected financial and actuarial status of the Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) programs. The Social Security Administration’s Office of the Chief Actuary (OCACT), on behalf of the Trustees, projects future OASDI program cost and income based on assumptions about key demographic and economic variables affecting the number of people paying into and receiving benefits from these programs over time. This forum will bring together OCACT in conversation with other experts to consider the implications of recent research and scientific findings on future expectations for a subset of those variables—mortality, disability, and work. ...
1 comment:
It'd be worth seeing them admit in plain language that the 5 month disability waiting period and 2 year Medicare waiting period are actuarial defenses of the trust fund- they're literally there to kill a percentage of otherwise entitled claimants off before they can draw.
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