2011 annual report by the Social Security Board of Trustees

Last updated: June 9, 2011

Given the ongoing U.S. budget crisis, the structure and viability of entitlement programs are being closely scrutinized as reforms are contemplated. The government retirement insurance program, popularly known as Social Security, is formally titled the Federal Old-Age and Survivors Insurance (OASI) and Federal Disability Insurance Trust Funds (DI). OASI funds are paid to retirees and family members of deceased workers; DI funds are paid to disabled workers. Each is funded through separate allocations of payroll taxes, and the program is overseen by a board of trustees.

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