The COVID-19 pandemic has caused an economic slow down which, because of how benefits are calculated using the average wage index (AWI), will result in workers who turn 60 this year receiving lower Social Security benefits than expected.
You can learn more about the notch in this CBPP blog post.
This Strengthen Social Security Coalition (SSSC) letter to Congressional leadership requests that this unintended benefit cut be fixed in the next coronavirus legislative package.
Click Here to Read the Strengthen Social Security Coalition COVID-19 Notch Fix Letter