Improving Social Security to Reduce Elderly Poverty
“Policymakers will need to act in coming years to shore up the long-term financing of Social Security, and when they do, they should also strengthen the program by improving its minimum benefit, which is intended to help the poorest recipients but is now obsolete. A major new report written by my CBPP colleague Kathleen Romig and two Social Security experts from the Urban Institute, Chantel Boyens and Jack Smalligan, presents lessons for policymakers as they design a better minimum benefit.”
Read more at the Center on Budget and Policy Priorities.