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Policy Option Projections

Below are our projections of the effects of various retirement policy proposals on Social Security beneficiaries. For each proposal, we also link to SSA's actuarial projections of the effects on the Social Security trust fund.

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  1. Benefit Formula
    Changes
  2. Cost of Living
    Adjustment Changes
  3. Covered Worker
    Changes
  4. Retirement
    Age Increases
  5. Taxation
    Changes

Covered Worker Changes

 

Proposal Start/End Date(s) Proposed by? Projected Effects on…
Beneficiaries in… Trust Fundsa
Cover all newly hired state and local workers 2012/NA SSAB 2030 |  2050 |  2070 OACT F1

NOTE: OACT = Office of the Chief Actuary, SSAB = Social Security Advisory Board.

a. Because the timing of OACT updates to Trust Fund projections may not coincide with the timing of our updates, the specifications used to make these projections (e.g., years and amounts) may differ.