D.C. A bill ending reductions in Social Security benefits of retirees who continue working through their late 60s is being sent to the president, U.S. Rep. Bart Gordon said. The Senior Citizens Freedom to Work Act has cleared both houses of Congress and is retroactive to December 31, 1999. That s unfair and is part of a bygone era.
Many seniors have to work in their retirement years just to make ends meet.
But this legislation now going to the president will end the earnings limit completely. Today s employers are scrambling to find qualified workers because of the nation s booming economy and the tight labor market. Many retiring seniors have the skills that companies are looking for. The limit will no longer apply after the president signs the new bill into law. Congress has taken a big first step in strengthening retirement security for all seniors, but our work is not finished.