Undertaking 2025 for Social Safety is a set of reforms proposed to deal with the long-term monetary challenges dealing with the Social Safety program in america. This system is dealing with numerous challenges, together with an getting old inhabitants, rising longevity, and a decline within the variety of employees supporting every retiree.
The reforms proposed underneath Undertaking 2025 are designed to deal with these challenges and make sure the long-term solvency of the Social Safety program. The reforms embody numerous measures, reminiscent of rising the retirement age, adjusting the formulation for calculating advantages, and elevating the payroll tax price. If carried out, these reforms would assist to make sure that Social Safety continues to supply a security internet for retirees sooner or later.