Social Security Funds Projected to Pay Full Benefits Until 2034

The Social Security Board of Trustees' annual report indicates that the combined Old-Age and Survivors Insurance and Disability Insurance Trust Funds are expected to cover all scheduled benefits until 2034. This projection remains consistent with the previous year's assessment. After 2034, approximately 83 percent of benefits would be payable without congressional intervention, though the Disability Insurance fund is projected to remain solvent for 75 years.