2017 OASDI Trustees Report

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B. SOCIAL SECURITY AMENDMENTS SINCE THE 2016 REPORT
Since the Trustees submitted the 2016 report to Congress, there have been no new laws, regulations, or policy changes that are expected to have significant effects on the actuarial status of the OASDI program. However, parts of President Obama’s 2014 executive actions on immigration are no longer expected to be implemented. Specifically, the estimates in this report assume that the following two provisions will not be implemented: (1) granting legal work and residence status to an expanded group of individuals who entered the country as children (deferred action for childhood arrivals, or DACA) and (2) granting similar status to certain parents of children born in the U.S. or otherwise living in the country legally (deferred action for parents of Americans, or DAPA). Last year’s report assumed that these two actions would become effective late in 2016, with individuals gaining authorization starting around the beginning of 2017. This change is projected to have a negligible effect on the financial status of the OASDI program.
Sections IV.A.4 and IV.B.6 of this report provide further description of the magnitude of effects on the financial status of the OASDI program.

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