This is a suggestion to solve the social security we can promulgate today-Retirement Research Center

The reduction of the tolerable welfare and the increase in real revenue will make everyone better.

At the beginning of January, the main actuary of social security issued a comprehensive proposal to restore the long -term balance of the plan. The estimated request was submitted by the Representative Steeny Hoyer (D-MD), but the proposal was built by Economist and long-term Congress staff Wendell Primus. He stayed for nearly 20 years before retirement. About the health and budget issues of Nancy Pelosi.

The proposal reflects Primus’s widespread understanding of policies and politics. It not only eliminated the deficit of 75 years, but also produced a growing trust fund, exceeding the 75 -year budget window. The most important thing is that unlike almost all other suggestions submitted to the cost of chief actuators, this includes not only income increase and reduction of income, but also recognizes that any solution will involve some compromises.

The proposal includes 17 provisions-all the thoughts, but let us focus on 10 articles that have a meaningful impact on the 75-year deficit (see Table 1).

• The new income comes from the current level of $ 168,000 to about 300,000 US dollars (rather than completely eliminating the upper limit) from the current level of 168,000 US dollars. Ensure the tax rate of high returns. The entrepreneurial owner’s income will pay the salary tax through income.

• The main income of cutting is an increase in all retirement age-but only for those who see the expected life expectancy and can work longer. The other two cuts will be extended from the highest 35 years to 40 years, and gradually eliminated the benefits of dependence on spouses, and recognize that women’s labor participation increased.

• The final part involves logical moves, that is, all income collected from all income collected from retirement and disabled welfare taxes. At this point, some of them are used for hospital insurance trust funds, so they need to be changed in the Medicare plan. This component also involves the expansion of coverage: 1) Increase the immigration limit of direct nursing personnel-a group and other groups that provide urgent need for long-term nursing services; Local workers, they benefit from the progressive welfare formula and family benefits of social security.

There is it there. A comprehensive plan has reduced welfare and income, not only in the next 75 years, but also resumed the financial situation of social security in the next decades. It also achieves valuable social goals, such as allowing those who can work longer to do so to obtain the amount of “all” welfare, expand the coverage, expand the coverage of unsteady states and local workers, and improve our laws of law Immigration policy meets the needs of aging society.

Let’s make this balance, thoughtful, and feasible suggestion. For young people, many people think that they will never benefit, and for the elderly workers and retirees who are worried about their benefits, this will restore confidence in the system. It will eliminate fear and error messages. This will make Americans happier.