Word: solvent
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...Security has run a massive surplus, invested in a Trust Fund of iron clad Treasury bonds that will be tapped in 2018 when the Baby Boomers cause Social Security to run a deficit. Social Security actuaries predict that the Trust Fund will be adequate and will keep Social Security solvent far into the future...
...modeling techniques have grown increasingly cautious over the past few years, so much so that their “optimistic” projections have historically been more accurate than their “middle” projections. These “optimistic” projections show Social Security solvent as far into the future as projections can be made. But even if the “middle” projection proves to be accurate, there is no need to privatize Social Security. As Democrats and some Republicans have consistently pointed out, a modest correction in the formula for Social Security...
McLean Hospital—one of two psychiatric teaching hospitals for Harvard Medical School—announced last week that it has completed the first phase of a land sale planned to keep the hospital financially solvent...
...come out of the Committee Fund, which contained approximately $90,000 as of last week, Munaim said. “If we had to sign a check for $12,000 that would really hurt it,” Munaim said, but added that the UC would still be financially solvent...
...Offset the Pain. Benefit cuts will probably be necessary to keep Social Security solvent as the number of retirees grows. The appeal of private accounts might persuade voters to accept the trade...