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Public Policy: Social Security
11/14/2017

The proposal in the House and Senate Republicans’ tax reform plan to move to a "chained" Consumer Price Index (CPI) to calculate increases in the tax code brackets and the standard deduction can only be seen as part of a broader plan to extend the use of this index when adjusting Social Security benefits for inflation.  It is the elephant’s nose under the tent.

11/6/2017

10/13/2017

Facts about the Social Security program including COLA, percentage of people paying into the system, and the percentage of workers covered.

10/2/2017

8/16/2017

The 2017 Social Security Trustees Report, released in July 2017, projects a modest 2.2 percent cost-of-living-adjustment (COLA) for 2018. The National Committee is disappointed and not convinced that these estimates with some more recent projections pointing to an even smaller COLA – accurately reflects the inflation affecting today’s seniors. We believe that Social Security's COLA needs to be strengthened.
8/13/2017

Individuals who receive a pension based on work for a federal, state or local government where Social Security taxes were not withheld may find their Social Security benefits reduced.  This is because in 1977 and 1983, Congress enacted legislation reducing Social Security benefits to such individuals through the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP). The GPO applies to those eligible for Social Security spouse’s or widow’s or widower’s benefits.  The WEP applies to those eligible for their own Social Security benefit.
8/2/2017

The House Budget Resolution for Fiscal Year (FY) 2018 would make cuts to the Medicare, Medicaid and Social Security programs and repeal and replace the Affordable Care Act (ACA), actions which would be harmful to millions of Americans.

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