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Social Security provides vital income protection to workers and their families. Social Security is more than a retirement program.

AARP believes that successful proposals to achieve Social Security solvency and adequacy and to update the program should adhere to the following principles:

The Old-Age, Survivors, and Disability Insurance Trust Funds should maintain a minimum reserve of one and a half to two years as a cushion against an economic downturn.

AARP supports retaining wage indexing of both the Average Indexed Monthly Earnings and the bend points used in the formula for the Primary Insurance Amount.

If changes are made to Social Security that extend the life of the trust funds, Congress could authorize the investment of a portion of the Social Security reserves in inves

Some proposals for Social Security’s long-term solvency would require a reduction or elimination of benefits for people with incomes above a certain threshold.

The receipt of Social Security benefits should continue to be based on earnings from work covered by Social Security and not affected by other income sources or subject to other t

Recipients of Social Security benefits generally receive an annual cost-of-living adjustment (COLA) to account for changes in prices, also known as inflation.

AARP supports automatic cost-of-living adjustments (COLAs) for Social Security benefits.

As people consider retirement they must decide when to claim their Social Security benefits.