Recently, the Social Security Board of Trustees released their annual report. This report details the long-term financial status of the Social Security Trust Funds. Included this year are the best estimates of the effects the COVID-19 pandemic had on the program.

Unfortunately, it appears the Trust Funds are projected to deplete one year sooner than previously anticipated. At that time, only 76% of the benefits will be payable to beneficiaries, thereby cutting the benefits so many rely on.

Senior citizens deserve financial security and this news creates anything but. Thankfully, Senior Security Alliance is working to help. Our groundbreaking bill provides seniors with seven guarantees, one of which guarantees benefits are never cut.

Learn more about our cause and how to help by visiting our page here.