Peta Jensen Opposes Social Security Means Testing
Peta Jensen argues against means testing for Social Security retirement benefits to preserve the program's universal nature as it faces potential insolvency by 2032.
Peta Jensen argues against the implementation of means testing for Social Security retirement benefits as the program faces potential insolvency by 2032. Without legislative action, benefits could be reduced by 22%.
Jensen asserts that Social Security should remain a universal social insurance program where benefits are treated as returns on paid premiums rather than welfare, arguing that even high-income earners deserve their benefits. To address the funding gap, Jensen suggests alternative solutions such as raising the payroll tax cap for high earners or delaying the full retirement age beyond 67.
This position is shared by AARP, which maintains that means testing would erode public support and violate the program's principle of universality.