Social Security Administration commissioner discusses program's future
The Hill · October 12, 2026Original source ↗
What happened
Frank Bisignano, the commissioner of the Social Security Administration, stated that the program is projected to continue for another 90 years. He made these comments during an appearance on CNBC’s 'Squawk Box'. The SSA is set to release its annual cost-of-living adjustment on Wednesday.
Why it matters
This information is significant as it relates to the long-term viability of Social Security, which affects many Americans.
How this story affects people
How does this story affect you if you rely on Social Security benefits?
This announcement provides reassurance about the long-term viability of your benefits, ensuring that you can continue to receive financial support in your retirement. Knowing that the program is expected to last for many more decades can alleviate concerns about future funding and stability.
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