(C) Common Dreams
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II. OVERVIEW [1]

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Date: 2024-12

is projected to decline from 204 percent at the beginning of 2023 to 96 percent at the beginning of 2029 and remain below 100 percent for the remainder of the 10-year short-range period. Because this ratio falls below 100 percent by the end of the 10th projection year, the combined OASI and DI Trust Funds fail the Trustees’ test of short-range financial adequacy. Considered separately, the OASI Trust Fund fails this test, but the DI Trust Fund satisfies the test. For last year’s report, the combined reserves were projected to be 211 percent of annual cost at the beginning of 2023 and 57 percent at the beginning of 2032.

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[1] Url: https://www.ssa.gov/OACT/TR/2023/II_A_highlights.html#76460:~:text=The%20OASI%20Trust%20Fund%20reserves%20are%20projected%20to%20become%20depleted%20in%202033%2C%20at%20which%20time%20OASI%20income%20would%20be%20sufficient%20to%20pay%2077%C2%A0percent%20of%20OASI%20scheduled%20benefits.

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