Navigation Links
More Dire Warnings for Social Security

RetireSafe Calls for Action to Protect Older Americans

RESTON, Va., May 12 /PRNewswire-USNewswire/ -- In response to the dire warnings issued in today's Social Security and Medicare Trustees Report, RetireSafe and its 400,000 senior supporters called on the President and Congress to take immediate action to secure the promised benefits older Americans rely on.

"With unfunded liabilities of up to $100 trillion and the Social Security Trust Fund scheduled to pay out more than it takes in by 2016, America's seniors deserve to know that the Social Security benefits they rely on to make ends meet will still be there for them," said RetireSafe President Michelle Plasari.

According to Plasari, there are simple ways to make Social Security more secure for current and near retirees:

Guaranteed Benefits. Currently, Social Security benefits are not a sure thing. They can be cut by Congress on a whim. Congress has continually used incoming Social Security dollars for other projects -- including pork barrel spending. For years, RetireSafe has supported legislation that would provide a certificate of guarantee to Social Security beneficiaries.

Fair COLA (Cost of Living Adjustment). Seniors' annual cost-of-living-adjustments are calculated based on the spending habits of younger workers. The formula used doesn't account for increased spending on health insurance, long-term care or prescription drugs. For decades, the government has maintained an "experimental" index that tracks seniors' true cost of living. To see just how much more seniors could get over their retirement visit RetireSafe's Fair COLA Calculator at

Repeal Double Tax. Seniors are subject to unfair taxation during their retirement years. After spending their whole lives paying taxes to the government -- the IRS still gets to tax 85% of their Social Security benefits if their retirement earnings reach a certain level.

Abolish the Early Retiree Earnings Limit. Early retirees who continue to work are penalized for doing so by earning limits. The limit taxes seniors at an outrageous amount -- more than many multi-millionaires. In today's economy more and more early retirees are returning to work to make ends meet -- and being penalized by the tax man for doing so.

Prohibit Totalization. The Social Security Administration has signed a totalization treaty with Mexico. The agreement would allow millions of illegal immigrants to collect Social Security benefits. This is a slap in the face to older Americans who worked hard their whole lives yet continue to struggle on their current benefit.

RetireSafe is a grassroots advocacy organization of almost 400,000 older Americans nationwide. We are dedicated to protecting the options, benefits, and choices of older Americans in retirement. For more information, visit

SOURCE RetireSafe
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. FDA Mandates New Warnings for Botox
2. FDA Adds New Label Warnings to Over-the-Counter Painkillers
3. Docs Override Most Electronic Drug Warnings
4. TransMedia Group Retained by Renowned Plastic Surgeon Dr. Jeffrey Lagrasso to Share Beauty Trends, Warnings and Medical Perspective Previously Limited to the Rich and Famous
5. Treadmill Desks: A Healthy Alternative on the Heels of FDA Warnings of 25 Weight Loss Products
6. Leahy Slams Midnight Bid to Relax Mercury-in-Fish Warnings to Women and Children
7. Wrinkle Fillers Need Better Label Warnings: FDA Panel
8. FDA Demands Tougher Warnings on Immunosuppressive Drugs
9. Antipsychotic Drug Use Up in Elderly Despite Warnings
10. FDA Advisers Dont Back Epilepsy Drug Warnings
11. Study finds parents use cough medicines on under-2s despite the warnings
Post Your Comments:
(Date:11/29/2015)... Aliso Viejo, CA (PRWEB) , ... November 29, ... ... is an all new and unique analog distortion effect tool designed specially for ... to their footage, and create limiltess looks with the easy-to-use modification controls. Destoying ...
(Date:11/28/2015)... ... November 28, 2015 , ... Safe storage for contraceptive devices ... inventors, one from Lakewood, New Jersey and the other from Bradley Beach, New Jersey, ... to save the expense of having to replace NuvaRings more often than necessary. As ...
(Date:11/27/2015)... , ... November 28, 2015 , ... There is only ... outperform our billings from last year? , This question has not been an easy ... coming to the retirement age and the younger workforce don’t share the same discipline ...
(Date:11/27/2015)... ... , ... The rapid speed at which Americans are aging ... is needed, especially with Alzheimer’s, dementia and other cognitive conditions becoming more prevalent. ... part of this equation: 80 percent of medical care occurs in the home, ...
(Date:11/27/2015)... CA (PRWEB) , ... November 27, 2015 , ... Lizzie’s ... , The company is offering customers 10% off of their purchase of lice treatment ... treatment at full price. According to a company spokesperson. “Finding lice is a sure ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... -- Research and Markets ( ) has announced ... by Type (Dressings, Therapy Devices, Active Wound Care), Application ... and Geography - Global Forecast to 2020" report ... --> The purpose of this report is ... global advanced wound care market. It involves deep dive ...
(Date:11/26/2015)... November 26, 2015 ... adds "Global Repaglinide Industry ... Report on China Repaglinide Market, 2010-2019" ... data and information to its online ... . --> ...
(Date:11/26/2015)... Research and Markets ( ) ... Future Horizons and Growth Strategies in the Italian ... Segment Forecasts, Competitive Intelligence, Emerging Opportunities" report ... --> This new 247-page report ... drug monitoring market, including emerging tests, technologies, instrumentation, ...
Breaking Medicine Technology: