Social Security ‘Fairness’ Doesn’t Come for Free

Analysis January 08, 2025 at 05:01 PM
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What You Need To Know

  • The new law will hasten the trust fund's depletion by six months.
  • Faster depletion of the trust fund is a trade-off, as "there was a huge unfairness in the application of the WEP and GPO," says Maria Freese.
  • Eliminating the WEP and GPO will cost the system close to $200 billion over just the next 10 years, says Olivia Mitchell.
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