Undertaking 2025 for Social Safety is a set of reforms proposed to deal with the long-term monetary challenges going through the Social Safety program in america. This system is going through quite a lot of challenges, together with an ageing inhabitants, rising longevity, and a decline within the variety of employees supporting every retiree.
The reforms proposed below Undertaking 2025 are designed to deal with these challenges and make sure the long-term solvency of the Social Safety program. The reforms embrace quite a lot of measures, equivalent to rising the retirement age, adjusting the method for calculating advantages, and elevating the payroll tax fee. If carried out, these reforms would assist to make sure that Social Safety continues to supply a security web for retirees sooner or later.