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Individual Changes Modifying Social Security
Annual Trustees Reports provide estimates of the financial status of Social Security's Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds under current law. Recent Reports call for informed discussion, creative thinking, and timely legislation to address expected future deficits. Many policy makers have developed proposals and options to address this long-range solvency problem. Listed below is a broad range of policy options that would address Trust Fund solvency and other issues related to Social Security benefits and financing. Many of these options are part of comprehensive proposals intended to restore Trust Fund solvency.
We grouped the options into categories, as shown below. We also provide a summary list of all options.
Following a brief description of each option, estimates of the financial effect on the combined OASI and DI programs over the long-range period (the next 75 years) and for the 75th year are provided. In addition, a link to the memorandum containing this policy option is given.
Beginning with the 2009 Trustees Report, we made changes to the methodology of determining estimates.
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Last reviewed or modified February 4, 2011