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Social Security Solvency and Sustainability Act

2/8/2022, 11:22 PM

Congressional Summary of S 3234

Social Security Solvency and Sustainability Act

This bill incrementally raises the full, early, and delayed retirement ages for Social Security retirement benefits and otherwise revises the Social Security program.

Current Status of Bill S 3234

Bill S 3234 is currently in the status of Bill Introduced since January 28, 2020. Bill S 3234 was introduced during Congress 116 and was introduced to the Senate on January 28, 2020.  Bill S 3234's most recent activity was Read twice and referred to the Committee on Finance. as of January 28, 2020

Bipartisan Support of Bill S 3234

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3234

Primary Policy Focus

Social Welfare

Potential Impact Areas

- Disability assistance
- Inflation and prices
- Social security and elderly assistance

Alternate Title(s) of Bill S 3234

Social Security Solvency and Sustainability Act
Social Security Solvency and Sustainability Act
A bill to adjust the normal and early retirement ages for receipt of benefits under the Social Security program, increase the maximum age for delayed retirement credit, and provide for progressive price indexing of benefits.

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