About: Social Security Trust Fund

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The Federal Old-Age and Survivors Insurance Trust Fund and Federal Disability Insurance Trust Fund (collectively, the Social Security Trust Fund or Trust Funds) are trust funds that provide for payment of Social Security (Old-Age, Survivors, and Disability Insurance; OASDI) benefits administered by the United States Social Security Administration. There have been various proposals to address this shortfall, including: reducing government expenditures, such as by raising the retirement age; tax increases; and, borrowing.

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rdf:type	company
rdfs:label	社会保障年金信託基金 (ja) Social Security Trust Fund (en)
rdfs:comment	Social Security Trust Fund （社会保障年金信託基金）は、Federal Old-Age and Survivors Insurance Trust Fund とFederal Disability Insurance Trust Fundの総称で、アメリカ合衆国の公的な投資基金。アメリカ社会保障局による社会保障扶助支払いを持続させるため、設立された。社会保障局が社会保障税として徴収した資金を運用している。 (ja) The Federal Old-Age and Survivors Insurance Trust Fund and Federal Disability Insurance Trust Fund (collectively, the Social Security Trust Fund or Trust Funds) are trust funds that provide for payment of Social Security (Old-Age, Survivors, and Disability Insurance; OASDI) benefits administered by the United States Social Security Administration. There have been various proposals to address this shortfall, including: reducing government expenditures, such as by raising the retirement age; tax increases; and, borrowing. (en)
foaf:depiction
dcterms:subject	Public pension funds in the United States Social security in the United States
Wikipage page ID	180777 (xsd:integer)
Wikipage revision ID	1111735582 (xsd:integer)
Link from a Wikipage to another Wikipage	President of the United States Peter R. Orszag United States Department of the Treasury United States Secretary of Health and Human Services United States Secretaries of Labor United States Secretary of the Treasury United States Senate Debt-to-GDP ratio Congressional Budget Office Congressional Research Service George W. Bush State of the Union Address Bureau of the Fiscal Service COVID-19 recession Alan Greenspan Federal Reserve Board of Governors Kilolo Kijakazi Public pension funds in the United States Social security in the United States Social Security Administration Office of Management and Budget Security (finance) Social Security (United States) Ex officio PAYGO Treasury bond Full faith and credit Commissioner of Social Security National Commission on Social Security Reform dbr:Doi:10.1017/CBO9780511490842 dbr:Social_Security_Bulletin
Link from a Wikipage to an external page	http://www.ssa.gov/policy/docs/ssb/v75n1/v75n1p1.html https://sgp.fas.org/crs/misc/RL33028.pdf https://www.ssa.gov/news/press/factsheets/WhatAreTheTrust.htm
sameAs	Social Security Trust Fund Social Security Trust Fund Social Security Trust Fund Social Security Trust Fund Social Security Trust Fund
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thumbnail	wiki-commons:Special:FilePath/Social_Security_Trust_Fund.png?width=300
quote	Gross federal debt consists of debt held by the public and debt issued to government accounts . The latter type of debt does not directly affect the economy and has no net effect on the budget. (en)
source	— Congressional Budget Office (en)
width	250 (xsd:integer)
has abstract	The Federal Old-Age and Survivors Insurance Trust Fund and Federal Disability Insurance Trust Fund (collectively, the Social Security Trust Fund or Trust Funds) are trust funds that provide for payment of Social Security (Old-Age, Survivors, and Disability Insurance; OASDI) benefits administered by the United States Social Security Administration. The Social Security Administration collects payroll taxes and uses the money collected to pay Old-Age, Survivors, and Disability Insurance benefits by way of trust funds. When the program runs a surplus, the excess funds increase the value of the Trust Fund. As of 2021, the Trust Fund contained (or alternatively, was owed) $2.908 trillion The Trust Fund is required by law to be invested in non-marketable securities issued and guaranteed by the "full faith and credit" of the federal government. These securities earn a market rate of interest. Excess funds are used by the government for non-Social Security purposes, creating the obligations to the Social Security Administration and thus program recipients. However, Congress could cut these obligations by altering the law. Trust Fund obligations are considered "intra-governmental" debt, a component of the "public" or "national" debt. As of June 2015, the intragovernmental debt was $5.1 trillion of the $18.2 trillion national debt. According to the Social Security Trustees, who oversee the program and report on its financial condition, program costs are expected to exceed non-interest income from 2010 onward. However, due to interest (earned at a 3.6% rate in 2014) the program will run an overall surplus that adds to the fund through the end of 2019. Under current law, the securities in the Trust Fund represent a legal obligation the government must honor when program revenues are no longer sufficient to fully fund benefit payments. However, when the Trust Fund is used to cover program deficits in a given year, the Trust Fund balance is reduced. One projection scenario estimates that, by 2034, the Trust Fund could be exhausted. Thereafter, payroll taxes are projected to only cover approximately 76% of program obligations. There have been various proposals to address this shortfall, including: reducing government expenditures, such as by raising the retirement age; tax increases; and, borrowing. (en) Social Security Trust Fund （社会保障年金信託基金）は、Federal Old-Age and Survivors Insurance Trust Fund とFederal Disability Insurance Trust Fundの総称で、アメリカ合衆国の公的な投資基金。アメリカ社会保障局による社会保障扶助支払いを持続させるため、設立された。社会保障局が社会保障税として徴収した資金を運用している。 (ja)
gold:hypernym	Funds
prov:wasDerivedFrom	wikipedia-en:Social_Security_Trust_Fund?oldid=1111735582&ns=0
page length (characters) of wiki page	31376 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Social_Security_Trust_Fund
is rdfs:seeAlso of	Political debates about the United States federal budget
is Link from a Wikipage to another Wikipage of	Robert Reischauer List of acts of the 109th United States Congress History of the Republican Party (United States) Robert Creamer (political consultant) Deficit reduction in the United States Intragovernmental holdings List of political appointments by Joe Biden Years of coverage Social Security debate in the United States Gramm–Rudman–Hollings Balanced Budget Act Federal Insurance Contributions Act Annuity Primary Insurance Amount Willie Logan HEALS Act Unified budget Ada Fisher Families First Coronavirus Response Act History of Social Security in the United States History of the United States (1991–2008) History of the United States public debt United States federal budget Retirement Insurance Benefits

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