Larson Statement on Social Security Chief Actuary Report

Washington, D.C. – Today, Ways and Means Social Security Subcommittee Chairman John B. Larson (CT-01) released the following statement on the updated report from the Office of the Social Security Chief Actuary on the Social Security 2100 Act. Larson authored the legislation, which currently has 210 cosponsors.

"The independent Office of the Chief Actuary of Social Security – which has been projecting the future of the Social Security trust funds for more than 80 years -- has reaffirmed today that the Social Security 2100 Act makes Social Security sustainably solvent beyond 75 years. It also shows the legislation further strengthens the trust funds more than originally anticipated. Projections from the Social Security Actuary are the longstanding gold standard for determining the solvency of the Social Security trust funds. The actuarial report also shows that the 2100 Act achieves sustainable solvency without cutting benefits, and instead boosts them," said Larson.

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