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March 31 the Social Security Board of Trustees released the annual report on the financial status of the Social Security trust funds which includes the aging and survivors Insurance OC and disability insurance diet trust funds Social Security reveals when funds will run out for benefit payments ing to the report the combined asset reserves of both the OC and die funds will be depleted by 2034. if Congress does not act before then there will only be enough Revenue to pay for the 80 percent of scheduled benefits the die trust fund of Reserve assets by itself is projected not to be depleted for another 75 years on the other hand the aging and survivors Insurance trust fund OC which pays retirement and survivor benefits will be able to pay scheduled benefits in a timely manner until 2033 after which only 77 percent of scheduled benefits will be payable Social Security trust funds fell in 2022. the annual report states that the reserve assets of the combined OC indictrust funds decrease by