Such a policy would reduce federal deficits but also lower benefits.
This is a political choice; we can always save money by reducing benefits.
Social Security - you can't make a good case for reducing benefits.
For example, a plan amendment cannot reduce benefits that participants have already earned.
Or will you, as many believe, reduce benefits to the point where no one can survive on them.
They can't turn to families or friends for help because such aid will reduce benefits.
He is a critic of how such plans have been applied to reduce benefits to older workers.
The third option would also reduce benefits for the more affluent.
Her solution to workers' compensation costs is to reduce benefits.
At that point, he estimated, the government would have to reduce benefits by an additional 15 percent.