Millions of Americans Could Claim Social Security Early Under New Bill
Summary
A new bill introduced in Congress would let workers in physically demanding jobs claim full Social Security retirement benefits at age 60, instead of waiting until the usual full retirement age of 67. The bill creates special rules for workers who have spent many years in hard physical jobs to receive unreduced benefits early.Key Facts
- The bill is called the Blue Collar Social Security Fairness Act and was introduced by Representative Haley Stevens, a Democrat from Michigan.
- It allows workers in physically demanding jobs to get full Social Security benefits at age 60, seven years earlier than the current full retirement age.
- Normally, claiming Social Security before full retirement age reduces benefits by up to 30 percent. This bill would avoid that reduction for qualifying workers.
- To qualify, workers must have worked in demanding jobs for enough years, earning points based on how long and when they worked physically hard jobs.
- Jobs covered might include construction, roofing, nursing, and manufacturing.
- The Social Security Administration would create and update a list of qualifying jobs every three years.
- About 36 percent of workers have jobs that require medium to very heavy physical strength, meaning millions could benefit.
- Research shows many older workers have trouble continuing physically hard work into their 60s, especially those without college degrees.
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