Funding Issues Funding Medicare Eligibility Criteria Retirement Benefits Funding Mechanisms Funding Sources Public Workers Policy Changes Pension Systems Benefit Changes Financial Implications Pension Income Benefits Expansion Criticism Fraud Allegations Payment Distribution Maximum Earnings Maximum Benefit Trust Funds History Purpose Eligibility Challenges Financial Challenges Benefit Cuts Unfunded Obligations Tax Hikes Misconceptions Policy Advocacy Administration Actions Benefits Increase Taxation SNAP WEP and GPO Trust Fund Management Policy Analysis
Congress must secure new revenue or risk an automatic 23% cut to benefits when trust funds dry up in 2033.