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Old-Age Survivors Insurance Trust Fund The Old-Age and Survivors Insurance (OASI) Trust Fund was created pursuant to section 201 of the Social Security Act Amendments of 1939 These amendments also established a Board of Trustees
Old-Age and Survivors Insurance (OASI) Trust Fund Overview The Old-Age Survivors Insurance (OASI) Trust Fund is one part of the Social Security program Individuals pay into the program when they work, allowing them to receive benefits when they retire
Social Security: Old Age Survivors Insurance Programs Social security is the term commonly used to describe the Old Age, Survivors Insurance program (OASI) which was created by Title II of the Social Security Act of 1935
The Trust Funds - Congress. gov Both the OASI and DI programs operate with a trust fund financing mechanism Monies credited to these trust funds are earmarked for paying Social Security benefits and certain administrative costs
Social Security Board of Trustees: Projection for Combined . . . The OASI Trust Fund is projected to become depleted in 2033, the same year as last year’s estimate, with 77 percent of benefits payable at that time The DI Trust Fund reserves are not projected to become depleted during the 75-year projection period Read the press release for more information
OASI Trust Fund Insolvent in 2033, Social Security Trustees Say The Old-Age and Survivor’s Insurance (OASI) fund is projected to become insolvent in 2033, says the Social Security trustee report, released on June 18 At that time, the fund will pay out approximately 77% of the benefits for which recipients normally would be eligible