Unprecedented COVID-19 Fatalities in the U.S. Lead to a $205 Billion Increase in Social Security Funding
Washington, D.C. — An unintended, bittersweet fiscal phenomenon emerges as Social Security benefits are set to increase significantly due to the excess mortality from the COVID-19 pandemic, particularly among the elderly population. This surge in deaths has resulted in unexpected financial solvency scenarios for funds traditionally at risk of depletion. The Social Security Administration projects … Read more