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Modernizing Social Security: Minimum Benefits (PDF)
Center for Retirement Research at Boston College Jan. 16, 2019 "Social Security's minimum benefit for retirees with very low career earnings does not prevent poverty and is withering away due to a design flaw. A broad consensus exists for enhancing this benefit to at least keep full-time, full-career workers out of poverty. Reform proposals, though, do differ over the extent to which part-time workers and those with shorter careers should also be eligible for a minimum benefit. Overall, any improved minimum benefit would reduce retiree poverty, and its cost could be offset by reducing benefits somewhat for higher earners." |
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