Is SSIRA just privatized Social Security?
No. SSIRA is a worker-funded public trust — not a private account. Funds are invested by a federally chartered board, not Wall Street, and are irrevocably dedicated to retirees only.
Can Congress raid or redirect the SSIF?
No. Congress can only appoint board members, impeach for cause, or receive audits. The fund cannot be redirected, dissolved, or repurposed under any circumstance.
What happens to current Social Security (OASDI)?
OASDI continues until depletion (2035–2040), then fully transfers its balance to SSIF. Retirees transition seamlessly — no disruption, no loss of benefits.
Is this sustainable without new taxes or borrowing?
Yes. SSIRA is sustained by aggressive revenue strategies (foreign tax, WAP, THC, etc.) and compound investment — not federal debt or general tax dollars.
How are non-citizens treated?
Non-citizens pay into the system via the WAP payroll tax. Only those with sufficient years of verified contributions earn retirement benefits under SSIRA.