At 67, Social Security alive and well

Commentary | August 20, 2002 | By Marilyn Watkins | Seattle Post-Intelligencer

Social Security turned 67 last Wednesday. Far from being ready for retirement, this vital program is working more effectively now than ever, and it will keep on working for future generations of Americans. The reports of the Social Security trustees confirm the trust fund will continue to grow for the next 15 years, then be spent down as baby boomers retire, precisely as was planned. Every realistic projection shows that in 40 years Social Security will pay higher retirement benefits to today's young workers than their grandparents are receiving now.

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Posted in A Fair Deal at Work, Column, Retirement Security, Social Security