Social Security Trust Fund needs immigrants to stay solvent

Government projections about the future of Social Security are revised every year, depending on demographic changes they didn’t foresee. In 2018, economists had anticipated a higher influx of immigrants and refugees. The lower-than-expected rate of immigration, according to the report, will likely increase the deficit.

Both undocumented immigrants and immigrants with legal status pay billions of dollars each year into the Social Security system through payroll taxes. Based on estimates in the trustees report, the more immigrants that come in, the longer the Social Security system will stay solvent.

That’s because immigrants, on average, are a lot younger than the overall US population, so their retirement is far off. And undocumented immigrants pay for Social Security, but they’re not allowed to get benefits. Read more: Vox article