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House approves temporary reduction in Social Security offset for unemployment benefits
Summary
The House passed House Bill 8 56–18, reducing the Social Security offset applied to unemployment benefits from 100% to 50% for a three-year trial funded with REED Act monies; supporters called it fairness for seniors, opponents warned of actuarial and equity concerns.
The Utah House of Representatives on Jan. 15, 2004 approved House Bill 8, changing how Social Security benefits affect unemployment insurance payments. The bill reduces the offset applied to unemployment benefits from 100% of Social Security to 50% for recipients who also receive Social Security, and the change includes a three-year sunset. The clerk announced the final vote as 56 yes and 18 no; the bill will be…
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