Summary
The Senate passed the Social Security Fairness Act in a 76-20 vote, sending it to President Biden for approval.
The bill repeals the Windfall Elimination Provision and Government Pension Offset, which reduced Social Security benefits for nearly 3 million retirees, including teachers, police officers, and postal workers.
It also restores full benefits for surviving spouses and families of these workers.
Though backed by bipartisan support, some Republicans opposed the bill due to its $195 billion cost over a decade. Advocates hailed it as a victory for public service workers.
What effect does this have on the solvency date?
I feel like this would accelerate that a bit. While this increases fairness in the system it’s putting it further at risk in my opinion. They need to get rid of the cap, it’s absurd to give someone already making massive amounts of income a break when the system is in need of more funding.
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Vitriol aside is this not accurate? I mean, I wouldn’t say it’s “doomed” but I also don’t think either side has the guts or political capital to save it.
… For people who get a government pension. I don’t think this is good legislation unless the person needs to stop work for long term disability.
They pay the Social Security tax, so they shouldn’t get the benefit?
