Studies to Commence on Social Security Insolvency

March 13, 2012 by Randy Zeldin

The 2011 Social Security Trustees Report projects that the Disability Insurance Trust Fund will be exhausted in 2018. This means that, the Trust Fund will be able to continue to pay 86 percent of scheduled benefits thereafter based on tax revenue. Some argue that "sustainable solvency" can be restored by either a reduction in benefits or an increase in revenues or a combination of both.

The Social Security Administration has recently announced that it expects to award $5 million dollars under the Disability Consortium Research Program, to study disability policy. The U.S. Congress, particularly the House Ways and Means Social Security Subcommittee, will be studying disability policy and the looming threat of insolvency.

Social Security Disability Attorney and Lawyer Randy Zeldin, Esq. represents persons in Boca Raton, Pompano Beach, Deerfield Beach, Delray Beach and Boynton Beach, in Social Security Disability claims.