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are veterans (or eligible spouses of veterans) for purposes of the Jobs for Veterans Act, Pub. L. No. 107-288 (38 USC 4215(a)); have low employment prospects; have failed to find employment after using services provided under the Workforce Innovation and Opportunity Act (WIOA) of 2014 (Public Law 113-128);
The bill would also end a second provision that reduces Social Security benefits for those workers' surviving spouses and family members. The WEP impacts about 2 million Social Security ...
The base spousal benefit is equal to one-half of the higher-earning spouse's primary insurance amount -- i.e., the Social Security benefit they would be entitled to if they claimed at their full ...
But there are lesser-known benefits for veterans, many of which are tax-exempt and available for spouses and dependents, though eligibility rules can be strict: Some programs are only for disabled ...
The budgetary effect of the legislation is considerable, adding an estimated $195 billion to federal deficits over 10 years, according to the Congressional Budget Office. That means more fiscal strain on the Social Security Trust funds, which were already estimated to be unable to pay out full benefits beginning in 2035. Some conservatives in ...
If Social Security benefits were reduced by 3% to 5% for new retirees, about 18% to 30% percent of the funding gap would be eliminated. [citation needed] Average in more working years. Social Security benefits are now based on an average of a worker's 35 highest paid annual salaries with zeros averaged in if there are fewer than 35 years of ...