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Saturday, January 11, 2025

Biden Indicators Social Safety Equity Act


Social Safety advocates had been fast to weigh in.

“That is the bipartisan resolution that almost all Individuals need, regardless that some on Capitol Hill have proposed to slash advantages by elevating the retirement age, means testing, slicing COLAs, or privatizing Social Safety,” Max Richtman, president and CEO of the Nationwide Committee to Protect Social Safety and Medicare, stated in an announcement after the signing.

“Congratulations to the sponsors and cosponsors of the Social Safety Equity Act for his or her perseverance in enacting the invoice earlier than the tip of the 118th Congress,” Richtman added. “Thanks additionally to President Biden for signing it into regulation — and for persistently fulfilling his promise to guard Individuals’ earned advantages during the tip of his presidency. We will solely hope that President-elect Trump will maintain his guarantees to do the identical.”

Biden’s signing of the Social Safety Equity Act “actually is historic,” Richtman continued. “The brand new regulation rights a incorrect that for the final 50 years has both lowered or eradicated the Social Safety advantages of sure authorities retirees. Practically 3 million public sector workers and households will now be eligible to gather their full Social Safety advantages. These embrace hard-working public servants like academics, firefighters, and cops whose advantages had been affected” by the WEP and GPO.

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