Bisignano vows Social Security will last another 90 years

Social Security Administration Commissioner Frank Bisignano announced on Monday that the Social Security program is projected to remain solvent for the next 90 years. The statement serves as a formal assurance regarding the long-term financial viability of the federal retirement and disability system.

This projection addresses ongoing public and political concerns regarding the future of the program's funding. By asserting a 90-year outlook, the administration aims to provide clarity on the sustainability of benefits for current and future generations of recipients.