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<title>STATEMENT OF ACTUARIAL OPINION</title>
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<h2 class="pHeading1">2024 OASDI Trustees Report </h2>
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<blockquote>
<div class="Opinion"><a name="162632">STATEMENT OF ACTUARIAL OPINION</a></div>
<div class="Body"><a name="168362">It is my opinion that: (1) the techniques and methodology used herein to evaluate the actuarial status of the Federal Old-Age and Survivors Insurance and Disability Insurance Trust Funds are based upon sound principles of actuarial practice and are generally accepted within the actuarial profession; and (2) the assumptions used and the resulting actuarial estimates are, individually and in the aggregate, reasonable for the purpose of evaluating the actuarial status of the trust funds, taking into consideration the past experience and future expectations for the population, the economy, and the program. I am a member of the American Academy of Actuaries and I meet the Qualification Standards of the American Academy of Actuaries to render this actuarial opinion.</a></div>
<div class="Body"><a name="168405"><span style="display: block; text-align: right; text-indent: initial"><img class="Default" src="images/Goss_sig.jpg" style="left: 0.0pt; top: 0.0pt" alt="" title="" /></span></a></div>
<div class="Body" style="text-indent: 108pt"><a name="168364">Stephen C. Goss</a></div>
<div class="Body" style="color: #000000; font-family: &quot;Times New Roman&quot;; font-style: italic; font-variant: normal; font-weight: normal; margin-left: 108pt; text-align: left; text-indent: 0pt; text-transform: none; vertical-align: baseline"><span class="Emphasis"><a name="162651">Associate, Society of Actuaries<br />Member, American Academy of Actuaries<br />Chief Actuary, Social Security Administration</a></span></div>
<div class="Body"><a name="161349">&nbsp;</a></div>
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