"When you see the numbers of the GPO elevated, it's because many of those people were probably teachers and married to somebody who worked in a Social Security job," said Joslyn DeLancey, vice president of the Connecticut Education Association. "They're not going to get that spousal Social ...
The Social Security Fairness Act didn't advance without resistance, with opposition coming mostly from Republican senators. Critics argue that it would harmtaxpayersand the Social Security program while providing some high earners with even larger benefits. The Congressional Budget Office (CBO) estimate...
To gauge just how much more money you may see next year, take your net Social Security benefit and add in your Medicare premium and multiply that by the 2023 COLA. "That will give you a good idea what your raise will be," said Joe Elsasser, an Omaha, Nebraska-based cert...
Rep. Mike Carey of Ohio, the No. 2 Republican on a House panel that oversees Social Security, called for a congressional hearing on the subject. “We need to have a hearing,” he said. “The general sense from members is … we do have a problem, we’ve got to address it, ...
Congressional Research Service 2 The Social Security Administration’s Death Data: In Brief In a March 2015 hearing before the Senate Committee on Homeland Security and Governmental Affairs, an SSA official stated, “Universal implementation of EDR has the potential to virtual y eliminate...
Comprehensive and meticulously documented facts about Social Security. Learn about Social Security's taxes, benefits, financial status, reform options, and more. For example: • Taxable Maximum • Causes of Fiscal Problems • Old-Age Benefits • “Looting the Trust Fund” • Personal Ownersh...
The "X date" could arrive as soonas early June to early August, the Bipartisan Policy Center recently projected. And Yellen warned congressional leaders in a letter last week that the U.S. could be unable to pay its bills as soon as June 1. ...
Critics say the bill will weaken Social Security The Social Security Fairness Act would add an estimated $196 billion to deficits over the next decade, the Congressional Budget Officehas estimated. It would also move Social Security's trust fund depletion dates closer by an estimated six months,...
Brazilian President Michel Temer's government managed to approve some controversial bills in the past year, but the social security reform has been considered the administration's toughest sell so far. This controversial reform faced criticism even inside Temer's congressional coalition. ...
If signed into law, the measure will expand Social Security benefits to public sector workers who also collect pensions. According to the Congressional Budget Office, the measure will cost more than $190 billion over the next decade and means the Social Security trust fund will “be exhausted ro...