Tuesday, April 09, 2013

Disability Fund to Be Depleted by 2016 - Real Time Economics - WSJ

Disability Fund to Be Depleted by 2016 - Real Time Economics - WSJ

The disability insurance trust fund has been running at a deficit since 2009. So far, it has been able to make payments drawing down on surpluses built during the 1990s and early 2000s. But unless revenue increases or payouts drop that extra cash will eventually run out. In fact, the most recent report of the fund’s board of trustees expects it to run dry as soon as 2016.

No comments:

Post a Comment