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Although I do care about the
Benefit for all future retirees, not just those who are currently retired, I do want to clarify one thing from this part of the article:
Without a new law to address the financial struggles facing the program, CRFB wrote, a “typical couple retiring just after insolvency will face an $18,400 cut in annual benefits.”“
Does this mean that those of us already collecting will be safe from the cuts? Notice how they said “ typical couple retiring just after insolvency” .
And shame on the Washington State Standard article author for not being clear. This is shoddy journalism. If there has been a distinction made between those retired and those not yet retired, it behooves them to report it.
If they cut a single cent of my benefits that I’ve been collecting since I retired at 65 in 2019, I’m royally fcked.
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