In a letter to the Social Security trustees in December 2003, the American Academy of Actuaries, the leading professional organization of actuaries, warned that infinite - horizon projections «provide little if any
useful information about the program's long - term finances and indeed are likely to mislead anyone lacking technical expertise in the demographic,
economic, and actuarial aspects of the program's finances into believing that the program is in far worse financial shape than is actually indicated».
It would be done by an independent auditor and show the
economic impact and «any other
information and / or other statistical
information that the commissioner of
economic development deems to be
useful in analyzing the effects of the program.»