Business and Finance
Business and Finance
Sun, December 8, 2024
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Tick-tock. Social Security Fairness Act's nearing death without Senate vote scheduled
Published on 2024-12-08 08:00:55 - MSN
- A bill to boost Social Security for public workers will die if the Senate doesn't pass it by year end. Senators and workers are urging a vote ASAP.
The article from MSN discusses the impending deadline for the Social Security Fairness Act, which aims to repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These provisions currently reduce or eliminate Social Security benefits for many public sector workers who also receive pensions from non-Social Security covered employment. Despite having passed the House with bipartisan support, the bill faces an uncertain future as the Senate has not scheduled a vote before the end of the current congressional session. If not voted on, the bill will die, and affected workers will continue to see their Social Security benefits offset. The article highlights the frustration among supporters and the urgency of the situation, noting that without Senate action, millions of public servants, including teachers, police officers, and firefighters, will continue to face financial disadvantages in their retirement.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/tick-tock-social-security-fairness-act-s-nearing-death-without-senate-vote-scheduled/ar-AA1vtmsa ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/tick-tock-social-security-fairness-act-s-nearing-death-without-senate-vote-scheduled/ar-AA1vtmsa ]
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