
The Social Security program is projected to face a funding shortfall as early as 2033-2034. If policymakers take no action to shore up the program, Social Security may only pay roughly three-quarters of scheduled benefits.
ChatGPT said fixing the program will likely require a combination of changes rather than one sweeping solution. “Reforms could mean higher contributions for workers, slower benefit growth for retirees or both — but the alternative is an across-the-board cut for everyone,” it explained.