Fun Fact of the Day, August 13, 2018

August 13, 2018

AGING POPULATION - There are 2.8 workers (paying payroll taxed) for every 1 Social Security beneficiary in 2018, i.e., there are 36 beneficiaries for every 100 covered workers today.  The program is projecting that there will be 2.2 workers for every 1 Social Security beneficiary in the year 2035, i.e., there will be 46 beneficiaries for every 100 covered workers in 2035 (source: Social Security Trustees 2018 Report).

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