Social Security Faces $29.3 Trillion Unfunded Obligation as Trustees Report Released
The 2026 Social Security Trustees' report reveals a projected unfunded obligation of $29.3 trillion over the next 75 years, driven by revised assumptions on fertility and immigration. The report outlines illustrative options including immediate benefit cuts or payroll tax increases to address long-term sustainability.
Topics: benefit cuts retirement policy trust fund depletion unfunded obligation