Social Security, Senior Security & Retirement
PROPOSED / DRAFT — SOCIAL SECURITY, SENIOR SECURITY & RETIREMENT
Americans who worked, contributed, raised families, served their communities, and built the country deserve security and dignity in retirement. Social Security is an earned insurance benefit, not ordinary taxable income or a discretionary welfare payment.
FULL RETIREMENT AT AGE 70
The proposed full-retirement age is 70. At age 70, an eligible legacy Social Security participant receives 100% of the full earned retirement benefit calculated under the reformed system, without an earnings-test penalty for continuing to work.
The reform must protect benefits already being paid. Disability benefits, survivor benefits, dependent benefits, and benefits for people whose health prevents continued employment must remain available under their own eligibility rules and must not require a person to wait until age 70.
Any early-retirement option must be clearly disclosed and actuarially fair. Congress must publish a nonpartisan actuarial analysis, a generational-impact statement, and a transition schedule before changing eligibility for workers who planned under existing rules. No transition formula should be presented as final until that analysis is complete.
SOCIAL SECURITY TRANSITION
A person age 25 or older on the transition date remains in the legacy Social Security system. Benefits already being paid and earned rights under that system are honored. Existing protections for disability, survivors, dependents, and people whose health prevents continued employment remain governed by their applicable eligibility rules.
A person age 24 or younger on the transition date does not enter the retirement portion of the legacy Social Security system. That person receives the one-time public retirement deposit described below. Every future child receives the same one-time deposit at birth. No person receives more than one public initial deposit.
ONE-TIME $10,000 RETIREMENT ACCOUNT
The United States makes one $10,000 deposit into an individually owned retirement account for each person age 24 or younger when the transition begins and for each future newborn.
The account must use diversified, low-fee investments under a fiduciary standard. Historical market returns may be used for transparent scenarios, but no 11% return or other investment result is guaranteed.
The account cannot be withdrawn, pledged, borrowed against, transferred, or used as collateral before age 70.
At age 70, the full account belongs to the owner and becomes available under the retirement distribution rules.
Account fees, holdings, returns, risks, and conflicts must be plainly disclosed. The government may set fiduciary and security standards but may not direct investments for political favoritism or use private accounts to finance ordinary government operations.
DEATH BEFORE AGE 70
If the owner dies before age 70, the allocation applies to the entire account, including the public $10,000 deposit, every personal contribution, and all investment growth. The full account balance is divided equally:
25% to federal debt repayment while federal debt remains. After debt payoff, this share first funds the upcoming required $10,000 deposits. Any balance remaining after those deposits are fully funded is divided proportionately between MAQSTEM and the named beneficiaries or estate.
25% to fund future one-time $10,000 initial deposits.
25% to MAQSTEM.
25% to the named beneficiaries or estate.
If there is no named beneficiary and no estate heir, the beneficiary or estate share also goes to the future $10,000 deposit fund.
An attempted early withdrawal does not create a new exception or transfer ownership to the government. It is denied and the account remains protected until age 70.
EXISTING PROMISES HONORED, FUTURE BENEFITS PRIVATE
Accrued federal pensions, retirement benefits, and employee health obligations are paid and honored. No earned benefit is confiscated or retroactively cancelled.
After the transition, the federal government does not create new employer-sponsored pensions, employer retirement accounts, or employee health-insurance plans. Private employers are not required to create those benefits either. Federal and private employers may voluntarily offer private plans, and individuals may purchase private retirement and health products directly. Medicare and Medicaid remain public eligibility programs under their separate rules, not employment benefits.
Core MPA standard: Honor every earned promise. Give younger Americans an account they own. Protect the account until retirement. Do not guarantee imaginary returns or use retirement money as a hidden government fund.
NO TAX ON SOCIAL SECURITY BENEFITS
Federal, state, and local governments should not impose an income tax on Social Security retirement, survivor, or disability benefits. Benefits represent protection financed by workers and employers and should reach the beneficiary without a second income-tax burden.
PRIMARY-HOME PROPERTY-TAX PROTECTION FOR SENIORS
A person age 70 or older should not lose a qualifying owner-occupied primary residence because of property taxes. States should provide a full exemption, credit, reimbursement, or equivalent protection for a reasonable primary residence while retaining authority to define residency, acreage, value, anti-fraud, and luxury-property rules.
The policy applies to a primary home, not unlimited investment property, vacation property, or commercial property. States may choose the method, but the protection must be real, simple to claim, portable within the state, and structured so local essential services are not abruptly defunded.
BENEFIT SOLVENCY, TRANSPARENCY & PROTECTION
Social Security contributions and trust-fund activity must be independently audited and reported in plain language. Congress must publish long-range solvency projections and may not conceal benefit reductions through unexplained formulas, administrative delay, or inflation measures that fail to reflect seniors’ actual essential costs.
Annual benefit adjustments should consider the costs seniors actually experience, including housing, food, utilities, healthcare, prescriptions, insurance, and transportation.
Fiscal safeguards: reform must publish long-term solvency estimates, funding sources, distributional effects, administrative costs, and consequences for current and future beneficiaries.
WHY THIS MATTERS
Retirement promises must be financially sustainable, understandable, and dependable across generations. Reform should protect current beneficiaries and disabled workers while correcting long-term insolvency openly instead of through sudden cuts, hidden inflation losses, or administrative delay.
IMPLEMENTATION & ACCOUNTABILITY
The age-70 rule takes effect on the reform’s effective date. Benefits already being paid and accrued promises remain protected. Disability, survivor, dependent, and health-based eligibility protections continue under their applicable rules.
Require the Social Security trustees and an independent public actuary to publish 10-year, 25-year, and 75-year projections for every reform proposal.
Publish benefit examples for representative workers at different incomes, ages, family statuses, and disability conditions before Congress votes.
Create a plain-language annual statement showing each worker's projected benefit, assumptions, and how proposed legislation would change it.
Audit application processing, improper denials, overpayments, appeals, call wait times, and fraud controls.
WHAT MPA WILL MEASURE
Trust-fund solvency horizon; replacement income by earnings level; senior poverty; processing and appeal times; improper-payment rates; healthcare and housing cost burdens; access to navigators; and the percentage of seniors able to remain safely independent when they choose.
Related policies: Senior Health, Guardianship & Aging at Home; Public Benefits Administration & Portability; Taxes; Federal Spending & National Debt.
Status: Proposed / Draft — not yet formally adopted.
Originally published: August 24, 2026.
Last updated: October 3, 2026.
Version: Draft 0.10.