America has the largest economy in the world, yet our seniors get lower retirement benefits than most other retirees throughout the world.
Max Richtman via Entitled to Know.
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When a candidate promises to “save these programs for future generations” by raising the retirement age, raising the Medicare eligibility age, privatizing Social Security, changing the COLA formula and means-testing Social Security while exempting near retirees what they’re actually saying is: “We know seniors vote so we’ll protect them now and slash future benefits for their children and grandchildren instead.
via Entitled to Know.
Nationwide, families spend $775 billion in Social Security benefits annually. In Florida, $56 billion dollars in Social Security benefits are paid to four million retirees, disabled and survivors, including children, each year. When those families use the purchasing power of their benefits, they are supporting local businesses and the state economy with billions of dollars they simply wouldn’t have without Social Security.
via Max Richtman in the Tampa Bay Tribune.
Scores of Democrats are calling on President Obama to champion an expansion of Social Security benefits for millions of seniors nationwide.
In a letter to be delivered to the White House Monday, the lawmakers say evolving trends surrounding employer retirement packages have put a financial squeeze on the nation’s retirees. They want the president to fill the gap by expanding Social Security.
via The Hill.
We agree. Congress needs to BOOST Social Security benefits for all working Americans. With individuals saving less and less for retirement, it’s important we expand benefits.
Related Reading:
America’s Jump From Economic Crisis to Retirement Crisis.
How Can I Get My Voice Heard? Sign Our Petition:
Petition to the Leadership of the Congress of the United States: Boost Social Security Benefits NOW.
The creation of expanded Social Security Plus would provide a secure and comfortable retirement for every American, and contribute greatly toward a solid foundation from which to build a strong and vibrant 21st-century economy. Our retirees, our families, our businesses, and our communities deserve no less.
via American Prospect.
Related Reading:
Congress needs to BOOST Social Security benefits for all working Americans.
The Social Security Administration’s budget has been under assault for years. Today the Senate Special Committee on Aging will examine the real-life impact these cuts are having on millions of seniors, people with disabilities, survivors and their families…
Social Security is indispensable for many of our nation’s retirees, who depend on the program for retirement security. But for the 65 million people on Social Security, there will be no annual raise in their benefits in 2016.
via NJ.com.
Related Reading:
No COLA Increase for Millions of Seniors.
No Social Security COLA Increase + Massive Medicare Hike for Millions.
Retirement, Social Security and long-term care:
Amid doubts about the soundness of the Social Security system, most Americans reject the idea of reducing benefits for future retirees. When asked to think about the long-term future of Social Security, only 25% say some reductions in benefits for future retirees will need to be made, while 74% say benefits should not be reduced in any way.
via Pew Research.
Related Reading:
We believe Social Security benefits should be BOOSTED for all working Americans.
Sign our petition asking Congress to BOOST Social Security benefits for all working Americans by clicking here.
Max Ritchman, President and CEO of the National Committee to Preserve Social Security and Medicare: “America’s seniors understand all too well that our nation faces a retirement crisis and improving Social Security benefits is vital to keeping millions from poverty. Rep. Linda Sanchez’s ‘Strengthening Social Security Act’ makes several important improvements for seniors by: phasing out the payroll tax cap so that the wealthy pay their fair share, creating a Cost of Living adjustment for the elderly and boosting benefits for all retirees including widows/widowers. NCPSSM strongly supports this legislation and applauds Congresswoman Sanchez for doing the right thing for America’s seniors and their families.”
Related Reading:
Cuts to Social Security will hurt seniors, veterans, people with disabilities and children; shackle recovering economy.
via NCPSSM.
Seniors went to Capitol Hill earlier this month to tell Congress why their current #SocialSecurity benefits are inadequate. Boost Social Security Now! https://www.ncpssm.org/campaigns/boost-social-security-now/ @RepJohnLarson