Projected Social Security benefits cliff creeps up to 2032

By: Jennifer Shutt

Outlets: DC Bureau (States Newsroom)

Published: June 9, 2026

Words: 431

Last Updated: 1 month, 2 weeks ago

Body Text Preview

WASHINGTON — Congress must act to shore up Social Security during the next six years to avoid an automatic drop-off in benefits in 2032, according to a report released Tuesday.

The annual update on the Old Age and Survivors Insurance trust fund shows that it will “become depleted” in the fourth quarter of that year, a few months earlier than projected in last year’s report.

That would lead to recipients receiving 78% of their benefits — …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

About

FAQ

Email Us