Social security increases 2022: Here’s who is getting money

 Social security increases 2022: Here’s who is getting money

Although the future of Social Security remains in doubt, some congressional lawmakers are ensuring that most Social Security recipients get their money and then some.

Rep. Peter DeFazio (D-Ore.) and Sen. Bernie Sanders (I-Vt.) introduced the Social Security Expansion Act (SSEA) in June, according to a press release from DeFazio’s office.

The bill would allot $200 more per month for each Social Security recipient — a 12% boost in money, according to CBS News.

The bill was introduced after the Social Security Administration said that Americans would no longer receive benefits in 13 years, if congressional lawmakers do not address the funding shortage.

So who will receive these Social Security increases?

The people who are currently eligible for Social Security or anyone who turns 62 in 2023, which is the earliest age to collect Social Security, will be eligible to receive the extra $200 a month with their benefits.

Related stories to Social Security increases:

How much money will I get from Social Security in 2022?

What is the Social Security increase for 2022?

Social security benefits: Is extra $200 monthly payment coming?

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