April 23, 2007
HP-520
2007 Social Security and Medicare Report
THE 2007 ANNUAL REPORT OF THE BOARD OF
TRUSTEES OF THE FEDERAL OLD-AGE AND
SURVIVORS INSURANCE AND FEDERAL DISABILITY
INSURANCE TRUST FUNDS
I. INTRODUCTION
The Old-Age, Survivors, and Disability Insurance (OASDI) program in the
United States makes available a basic level of monthly income upon the
attainment of retirement eligibility age, death, or disability by insured workers.
The OASDI program consists of two separate parts which pay benefits to
workers and their families--Old-Age and Survivors Insurance (OASI) and
Disability Insurance (DI). Under OASI, monthly benefits are paid to retired
workers and their families and to survivors of deceased workers. Under DI,
monthly benefits are paid to disabled workers and their families.
REPORTS