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. There are two social security trust funds:

On wednesday, june 18, 2025, the social security board of trustees released its annual social security trust funds financial status report, which concluded that the old-age and survivors รขโ‚ฌยฆ The old-age and survivors insurance (oasi) trust fund is projected to deplete its asset reserves by 2033. If this occurs, beneficiaries could see their payments reduced by up to 21%. The old-age and survivors insurance (oasi) trust fund pays monthly benefits to retired workers, their families, and some survivors of deceased workers. Workers can begin collecting retirement benefits รขโ‚ฌยฆ

Workers can begin collecting retirement benefits รขโ‚ฌยฆ

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