House to Hold Hearing on Reform Proposals

On May 23, the House Committee on Ways and Means, Subcommittee on Social Security, will hold the third hearing in a series on “the President’s and Other Bipartisan Entitlement Reform Proposals.” According to the hearing notice, “Bipartisan proposals to adjust benefits have included increasing both the full and early retirement ages to account for increases in life expectancy, including a hardship exemption from retirement age increases for certain workers, indexing the benefit formula to account for increases in longevity, allowing beneficiaries to receive up to half of their benefits beginning at age 62, slowing the growth of benefits for higher lifetime earners, increasing benefits for low lifetime earners, and increasing benefits for long-time beneficiaries.” Visit the Committee web site to learn more and to view live video on the day of the hearing.

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