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Social Security: A Negative Return on Investment

Created on July 29, 2015

Social Security: A Negative Return on Investment

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Read the original report, "Social Security: $39 Billion Deficit in 2014, Insolvent by 2035," by Romina Boccia.

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Early recipients of Social Security received more than six dollars in benefits for every dollar they paid in Social Security taxes (OAS and DI). Today, recipients receive less than one dollar in benefits for every dollar they paid in Social Security taxes.

Source: C. Eugene Steuerle and Caleb Quakenbush, “Social Security and Medicare Taxes and Benefits over a Lifetime: 2013 Update,” Urban Institute, November 2013, http://www.urban.org/ sites/default/files/alfresco/publication-pdfs/412945-Social- Security-and-Medicare-Taxes-and-Benefits-over-a-Lifetime.PDF (accessed June 23, 2015).

CHART 3 • BG 3043

Tags: Social-Security, OASI, deficits