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Politics : The Trump Presidency

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i-node
To: Katelew who wrote (31660)9/1/2017 2:46:19 PM
From: TimF1 Recommendation  Read Replies (1) of 356406
 
Rising wages would do wonders for so many things, SS being just one.

Not so much with Social Security

Indexing earnings
When we compute a person's benefit, we use the national average wage indexing series to index that person's earnings. Such indexation ensures that a worker's future benefits reflect the general rise in the standard of living that occurred during his or her working lifetime.

ssa.gov

Indexed earnings used to compute initial benefits
When we compute a person's retirement benefit, we use the national average wage indexing series to index that person's earnings. Such indexation ensures that a worker's future benefits reflect the general rise in the standard of living that occurred during his or her working lifetime.

ssa.gov
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