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The Senior Citizens League Finds No Support Among Seniors for Likely Disability Trust Fund Fix
Date:7/28/2014

o become completely exhausted in 2016 or by 2017. “With 2016 being a major presidential election year, either the next Congress will need to enact program changes next year, or risk running out the clock and triggering across the board benefit cuts,” Cates points out.

If Congress does nothing and the Social Security disability trust fund is allowed to become fully exhausted, there will still be payroll taxes coming into the program, but 11 million disability beneficiaries would see their benefits automatically cut by about 20%, according to the Congressional Research Service. The reallocation of payroll taxes from the retirement trust fund is likely to gain increasing attention from Congress in coming months, although it’s unclear when or if Congress will act.

The TSCL poll found seniors were closely split over the two other leading approaches to address the disability program’s solvency. Forty-eight percent favored tightening Social Security’s disability eligibility requirements and conducting more annual eligibility reviews to reduce fraud. Fifty-one percent favor requiring high wage earners to pay Social Security taxes on all of their incomes. “TSCL believes that the only way Congress will forge an agreement is through bipartisan efforts that use a combination of the two approaches,” Cates states. What do you think about issues affecting seniors? Take a poll. Visit TSCL’s website at http://www.SeniorsLeague.org.

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With about 1 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. Located just outside Washington, D.C., its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and pa
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