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Thu, December 19, 2024
Wed, December 18, 2024
[ 08:20 PM ] - United States, The New York Times
The New Politics

Social Security Fairness Act clears Senate procedural hurdle, on path for final passage


Published on 2024-12-18 19:00:38 - ABC
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  • In a final lame-duck push, the Senate will attempt to pass legislation aimed at providing full Social Security benefits to millions of Americans this week.
The U.S. Senate is set to vote on a bill that aims to expand Social Security benefits for teachers, firefighters, and other public sector workers. This legislation seeks to address the "windfall elimination provision" (WEP) and the "government pension offset" (GPO), which currently reduce or eliminate Social Security benefits for these workers if they receive pensions from jobs not covered by Social Security. The proposed changes would modify these provisions to ensure that public servants receive fairer benefits, reflecting their contributions to Social Security from other employment. The bill has garnered bipartisan support, with advocates arguing that it corrects an inequity in the current system that penalizes public employees. However, there are concerns about the financial implications of these changes on the Social Security system's long-term solvency.

Read the Full ABC Article at:
[ https://abcnews.go.com/Politics/senate-vote-expanding-social-security-payments-teachers-firefighters/story?id=116861277 ]
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