Senate passes Social Security Fairness Act to boost benefits for many public service retirees

Category: Politics

The Senate passed a bipartisan bill to boost Social Security payments for nearly 3 million public service retirees by eliminating reductions that have long affected their benefits. The legislation, which has been a priority for years, aims to rectify disparities faced by workers in federal, state, and local government jobs. While supporters celebrate the bill as a long-awaited victory, critics warn it could exacerbate the financial challenges facing Social Security Trust Funds, potentially hastening insolvency.

Keywords: Social Security, Legislation, Public Service Retirees

Source: Police News

Update At: 12/22/2024

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