I rise to introduce the Supporting Essential Workers in Retirement Act with my colleagues Senator Brown, Senator Cassidy, and Senator Casey. Our bill would ensure that workers who stepped up during the COVID-19 pandemic and performed essential work in hazardous conditions, including our first responders and critical supply chain workers, do not have their Social Security benefits reduced for serving our country. Semiretired workers make invaluable contributions across all sectors of our economy. Workers who retire at age 62 may collect Social Security benefits, but if these workers choose to continue working and earning income, then the retirement earnings test, or RET, will reduce the benefits they earn above a certain threshold. I have heard from many constituents who stepped up to perform essential work during the pandemic, only to find later that the income they earned during that time unexpectedly put them above the statutory RET threshold. One of my constituents, a teacher aide at an Aroostook County elementary school, is an example of a semiretired worker who was negatively impacted by the RET. She worked extra hours delivering meals to children who were at home learning remotely from March through June of 2020, and as a result she earned more than the RET threshold and had to pay money back to the Social Security Administration.…
On the recordFebruary 16, 2022
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