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Pennsylvania Seniors No Longer Receive Reduced Unemployment Pay

Dec. 17, 2005 – As senior citizens live longer healthier lives and struggle to keep up with the cost of health care and energy, more are going back to work. It is making big changes in this country as demonstrated clearly by a law signed yesterday by Pennsylvania Governor Edward G. Rendell that changes unemployment compensation rules to now longer deduct Social Security from the unemployment checks paid to senior citizens.

 

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Retirement Lasted Less Than Two Years for 7 Million Senior Citizens

Dec. 8, 2005 – Retirement only lasted about one and a half years for seven million American seniors citizens who have now gone back to work, according to a study by Putnam Investments. The researchers also estimate about one-third of all retirees are back at work - most in jobs requiring at least the same skill and experience levels as their prior position. Read more...

 

"Ensuring that seniors who are eligible for unemployment compensation are not penalized, but are fairly compensated, is one of the tangible steps we are taking to ease the financial burdens of our most vulnerable citizens," said Rendell.

Previously, the Pennsylvania law specified that half of the weekly amount of a Social Security and Railroad pension was deducted from a senior citizens recipient's UC payment. Now, those figures are not considered when UC benefits to senior citizens are determined.

The new law takes effect immediately.

 

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