Alaska’s Rep. Mary Peltola was one of 325 U.S. House members to vote in favor of the Social Security Fairness Act.
Congress has taken a step toward passing a federal law that could increase Social Security benefits for thousands of Alaskans by hundreds of dollars per month.
Alaskans who are eligible for the state’s public retirement benefits are not eligible for Social Security. Under existing federal law, that means that if they worked in Social Security-eligible jobs before or after working in Alaska’s public sector, they could have their benefits reduced by thousands of dollars a year, even if they spent decades paying into Social Security.“Right now, too many Alaskans aren’t receiving the Social Security they’re owed.
In a statement last year, Murkowski said that public sector employees “deserve the Social Security benefits they’ve worked for and earned.” “The senator believes Alaskans should not be penalized by the Social Security Administration and the IRS for being pushed into a system they didn’t choose. Senator Sullivan continues to work with all involved agencies to find an appropriate solution for Alaskans,” Coyne said.earlier this year supporting the repeal of the federal provisions.
Wielechowski said that if the federal law were to pass and be signed by the president, it would benefit the Alaska economy by injecting an extra several thousand dollars into the pockets of many Alaska households. “If this passes, I’ll get $300 instead of $150 ,” Parker estimated.In Parker’s case, the impact amounts to an insignificant change, but many Alaska households rely significantly on Social Security in retirement, meaning the reduction in benefits puts them in difficult positions.
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