Social Security Administration Commissioner Frank Bisignano said in an interview Monday that the entitlement program will be around for another 90 years as a key trust fund approaches insolvency.Bisignano, who is also the IRS CEO, spoke with CNBC's "Squawk Box" ahead of this week's announcement of the 2027 cost-of-living adjustment (COLA) for Social Security benefits following the latest inflation data.As SSA commissioner, Bisignano is one of the trustees of Social Security's trust funds, and he was asked about potential reforms to the program to ensure its future solvency and said he expects...
Social Security chief Bisignano says program will 'be around for another 90 years'
HALO Observer Insight
An independent HALO consumer takeaway — for costs, wellness, or policy context — will appear here automatically for this story. HALO adds this original editorial insight to every syndicated report before publication.
Contributors
Wayne G Fraser
HALO Contributor
Insurance Broker
Insurance Industry
State
Georgia, North Carolina, South Carolina
NPN
17934945