Highlights from the 2011 Social Security Trustees Report. Bruce D. Schobel , FSA, MAAA, FCA. Short-Range Solvency: Trust Fund Ratios. Long-Range Solvency: Trust Fund Ratios. Long-Range Solvency: Trust Fund Ratio Sensitivity. Long-Range Solvency: Projected Annual Balance, % of Payroll.
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Bruce D. Schobel, FSA, MAAA, FCA
Summarized Income Rate - Summarized Cost Rate
Individual equity versus social adequacy?
Pay-as-you-go funding versus pre-funding?
These are some of the “big-ticket” items that would contribute significantly to restoring the program’s solvency:
Raising the normal retirement age beyond 67
Raising the maximum taxable amount beyond $106,800
Reducing the primary insurance account (PIA) formula in various ways
Modifying cost-of-living adjustments (COLAs)