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Australian Retirement Trust. The Australian Retirement Trust ( ART) is an Australian superannuation fund headquartered in Brisbane, Queensland. It has $230bn under management and over 2 million members, making it Australia's second-largest superannuation fund. [1] [2]
The trust funds are still in trouble, but there's improvement. ... The OASI is the fund responsible for retirement benefits, but both play an integral role in the program. Currently, Social ...
The "Social Security Trust Fund" comprises two separate funds that hold federal government debt obligations related to what are traditionally thought of as Social Security benefits. The larger of these funds is the Old-Age and Survivors Insurance (OASI) Trust Fund, which holds in trust special interest-bearing federal government securities ...
The latest Trustees Report indicates the Social Security retirement trust fund will run out of cash by 2033 if Congress doesn't do anything. That could lead to some big changes in the near future.
In 2013 all Social Security programs except the retirement trust fund (OASDI) spent more than they brought in and relied on significant withdrawals from their respective trust funds to pay their bills. The retirement (OASDI) trust fund of $2.541 trillion is expected to be emptied by 2033 by one estimate as new retirees become eligible to join.
Social Security isn’t shattered, but it’s shaky. The new report on Social Security, which predicts that the combined retirement and disability trust fund reserves will go broke in 2035, has ...
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