As a result of president Obama’s deferred action programs created in November, illegal immigrants will be granted quasi-legal status that allows them to pay taxes and collect Social Security benefits.
The president created deferred action programs in November that would shield 5 million illegal immigrants from deportation, blaming Republican intransigence for his administrative action, which some have labeled unconstitutional.
The number of illegal immigrants collecting Old-Age, Survivor’s, and Disability Insurance (OASDI) benefits will exceed one thousand by 2017, and will gradually increase to a peak of 695,000 by 2055, according to Stephen Goss, chief actuary of the Social Security Administration.
Goss estimates that Obama’s immigration policy will increase net revenue for Social Security from 2015 through 2045, and decrease it from 2046 to 2082.
