Introduction and overview of the 2010 annual report of the board of trustees of the federal old-age and survivors insurance and federal disability insurance trust funds.

We are writing to notify you, per the requirements of section 709 of the Social Security Act, that the Federal Disability Insurance (DI) Trust Fund is now projected to become inadequate within the next 10 years. As shown in the 2010 OASDI Trustees Report, which we are issuing today and a copy of which is attached, the assets of the DI Trust Fund are projected to fall below 20 percent of annual cost during 2017 based on our intermediate set of economic, demographic, and programmatic assumptions. Moreover, the assets of the DI Trust Fund are now projected to become exhausted in 2018, if no action is taken.