I am Steve Goss, Chief Actuary at the Social Security Administration -- AMA
Hi, I’m Steve Goss, Chief Actuary at the Social Security Administration. Ask me anything. I’ll be taking your questions for approximately 2 hours starting at 2pm ET.
Proof it's me: https://twitter.com/SocialSecurity/status/496353934169354240
Last week, the Social Security Board of Trustees released its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance, and Disability Insurance (OASDI) Trust Funds are projected to become depleted in 2033, unchanged from last year, with 77 percent of benefits still payable at that time. The DI Trust Fund will become depleted in 2016, also unchanged from last year's estimate, with 81 percent of benefits still payable. You can read more of a brief summary of the report at http://www.socialsecurity.gov/news/press/releases.html#!/post/7-2014-2
You can read a little bit more about me here: http://www.nasi.org/about/spotlight/stephen-goss
Update: I want to thank all the Redditors for participating in this dialogue about the Social Security program. I think this is an excellent example of how social media can bridge the gap between government administrators and the public. At this end, I and others learned a lot and we hope this was positive for all of you too.
As a final plug, please remember join the millions and create a my Social Security account at http://www.socialsecurity.gov/myaccount. With a my Social Security account, you can view your Social Security Statement. With your Statement you can review estimates of your future retirement, disability, and survivors benefits, check your annual earnings to verify the amounts we post are correct; and see the estimated Social Security and Medicare taxes you’ve paid. If you already receive benefits, you can manage your account online with us.