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In reply to the discussion: Scoop: Top Senate Dems propose emergency Social Security payment boost [View all]madville
(7,841 posts)That some people wait to collect their social security because it increases the benefit. Latest stats say 23% of people delay receiving benefits past their Full Retirement Age FRA. Not only is it not ridiculous, its quite common today and the percentage is increasing as people work longer into their late 60s and early 70s.
My point was that a temporary $200 a month increase by itself is not going to sway most people who are already planning on delaying past FRA to suddenly start taking it, when waiting say another year might mean a $300-500 a month increase.
This isnt a serious proposal anyway, its an attempt to get votes on record for or against it, has zero chance of passing and getting signed. The article specifically states that and its just for future campaign messaging.