If Congress doesn’t act, the average Arkansas retiree could see a Social Security monthly benefit cut of $430 in 2032, based on findings from the nonpartisan Committee for a Responsible Federal Budget.
More than 19% of the state’s population, or 589,427 Arkansans, could be affected, including retirees, survivors and dependents. Arkansas could lose somewhere around $3 billion, which would be 1.6% of its economy. That percentage is the eighth highest among all the states.
All of that’s according to a new interactive tool, “No State Spared,” on the CRFBs website at www.crfb.org/nostatespared.
The reduction would occur because the Old-Age and Survivors Insurance Trust Fund is set to become insolvent in the fourth quarter of 2032.
That’s the funding mechanism that pays Social Security benefits to senior citizens and their survivors. Another Social Security trust fund for disabled Americans is in good shape for at least the next 75 years.




