Thursday, August 2, 2012

Financial viability of Social Security is in jeopardy because of outdated forecasting methods

The Social Security Trust Fund is off on its prediction by $730 billion for needed benefits in 2030. That is because its forecasting methods have hardly been updated since 1935 when the program first started, according to a study in the August issue of Demography.

URL: http://www.news-medical.net/news/20120802/Financial-viability-of-Social-Security-is-in-jeopardy-because-of-outdated-forecasting-methods.aspx

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