Undertaking 2025 Social Safety Advantages is a set of proposals to reform the Social Safety program in the USA. The proposals had been developed by a bipartisan group of consultants and have been endorsed by quite a lot of organizations, together with the Nationwide Academy of Social Insurance coverage and the American Society of Actuaries.
The proposals in Undertaking 2025 are designed to deal with the long-term monetary challenges dealing with Social Safety. This system is presently projected to turn into bancrupt by 2033, which means that it won’t be able to pay full advantages to all retirees. The proposals in Undertaking 2025 would make modifications to this system’s advantages and income streams to be able to guarantee its long-term solvency.