AARP Report: Social Security Could Pay Full Benefits Until 2059 if Taxable Payroll Kept Pace With GDP

According to CNBC, an AARP Public Policy Institute report found that Social Security could pay full benefits until 2059 if taxable payroll had kept pace with gross domestic product, extending full benefits by 25 years beyond the program’s projected 2034 depletion date. Taxable payroll fell from 41% of GDP in 1983 to 34% in 2025, according to the report.