Please sign the petition and pass on to others. According to the recently released Colorado Elder Index many seniors who worked their entire lives (whose incomes are comprised of Social Security, pensions and interest from any savings) are unable to achieve economic security.
How then can we discuss cutting the fixed income of social security?
To sign petition click HERE!
Showing posts with label retirement. Show all posts
Showing posts with label retirement. Show all posts
Thursday, July 7, 2011
Tuesday, April 19, 2011
Memorial for the American Dream of Retirement
Join advocates in Denver on April 27th to tell Congress that we don't want to work until we die!
We will be holding a memorial for retirement in order to tell Congress that we want them to make corporations and the wealthy pay their fair share before they touch American workers' money!
What: A memorial for the American dream of retirement in order to send the message to Congress that we want them to take their hands off of our social security! Wear black and bring a friend!
When: April 27th starting at 5:30pm
Where: First Unitarian Society of Denver, 1400 Lafayette Street, Denver, CO 80218
or call your Senators in solidarity:
Senator Mark Udall: 202.224.5941
Senator Michael Bennet: 202.224.5852
Thanks to Colorado Progressive Action for this event.
We will be holding a memorial for retirement in order to tell Congress that we want them to make corporations and the wealthy pay their fair share before they touch American workers' money!
What: A memorial for the American dream of retirement in order to send the message to Congress that we want them to take their hands off of our social security! Wear black and bring a friend!
When: April 27th starting at 5:30pm
Where: First Unitarian Society of Denver, 1400 Lafayette Street, Denver, CO 80218
or call your Senators in solidarity:
Senator Mark Udall: 202.224.5941
Senator Michael Bennet: 202.224.5852
Thanks to Colorado Progressive Action for this event.
Wednesday, January 5, 2011
Congress fails to approve critical support for seniors
Seniors across Colorado are facing greater hardship this year because Congress failed to approve a $250 one-time payment or a cost-of-living increase for Social Security beneficiaries. For many seniors, that means a loss of medication, a loss of food, a utility bill that can’t be paid and other erosion of economic security.
When President Franklin Roosevelt signed the measure creating Social Security 75 years ago, he promised the government would offer “some measure of protection to the average citizen and to his family against … poverty-stricken old age.” However in 2011 will be the second year in a row during which Social Security recipients will receive no increase in benefits to accommodate the rising cost of living. Congress also considered, and rejected, a one-time $250 payment to help cushion the blow.
Social Security provides a financial lifeline to elders, families and people with disabilities. Nationally, three in 10 adults age 65 and older rely on Social Security for more than 90 percent of their incomes, and most beneficiaries are women. In 2010, the average Social Security benefit for women amounted to just more than $12,500. In Colorado, there are 477,256 Social Security beneficiaries older than 65, according to the federal government.
Among Colorado’s Social Security beneficiaries older than 65, an average of 66,163 or 14 percent are living in poverty, an analysis of U.S. Census Bureau data by the Colorado Center on Law and Policy found.
Social security payments are an economic bridge for all households moving toward economic security. Not only would a one-time payment or cost-of-living adjustment have supported elders as they struggled to meet basic needs, but a one-time $250 payment would have injected significant cash into the economy. When Congress approved a similar payment in 2009, in combination with a payment to Supplemental Security Insurance beneficiaries, the effect was creation or saving of 125,000 jobs, according to the Economic Policy Institute.
The Colorado Center on Law and Policy will be examining elder economic security closely in 2011 as it publishes the Colorado Elder Index as a companion report to the 2011 Self-Sufficiency Standard. Watch for the release in summer 2011.
When President Franklin Roosevelt signed the measure creating Social Security 75 years ago, he promised the government would offer “some measure of protection to the average citizen and to his family against … poverty-stricken old age.” However in 2011 will be the second year in a row during which Social Security recipients will receive no increase in benefits to accommodate the rising cost of living. Congress also considered, and rejected, a one-time $250 payment to help cushion the blow.
Social Security provides a financial lifeline to elders, families and people with disabilities. Nationally, three in 10 adults age 65 and older rely on Social Security for more than 90 percent of their incomes, and most beneficiaries are women. In 2010, the average Social Security benefit for women amounted to just more than $12,500. In Colorado, there are 477,256 Social Security beneficiaries older than 65, according to the federal government.
Among Colorado’s Social Security beneficiaries older than 65, an average of 66,163 or 14 percent are living in poverty, an analysis of U.S. Census Bureau data by the Colorado Center on Law and Policy found.
Social security payments are an economic bridge for all households moving toward economic security. Not only would a one-time payment or cost-of-living adjustment have supported elders as they struggled to meet basic needs, but a one-time $250 payment would have injected significant cash into the economy. When Congress approved a similar payment in 2009, in combination with a payment to Supplemental Security Insurance beneficiaries, the effect was creation or saving of 125,000 jobs, according to the Economic Policy Institute.
The Colorado Center on Law and Policy will be examining elder economic security closely in 2011 as it publishes the Colorado Elder Index as a companion report to the 2011 Self-Sufficiency Standard. Watch for the release in summer 2011.
Thursday, December 9, 2010
Some Other work on Poverty
What's going on around the country for working people?
Worker Rights and Poverty: When Wages Just Aren’t Enough | Sloan Work and Family Research Network http://wfnetwork.bc.edu/blog/andrea-lindemann-blog.
IL Poverty Commission's New Recommendations: Building a Pathway to Dignity & Work
The Working in Retirement Study: Five Assumptions the Study Contests
By Ellen Galinsky Marcie Pitt-Catsouphes and Melissa Brown
Worker Rights and Poverty: When Wages Just Aren’t Enough | Sloan Work and Family Research Network http://wfnetwork.bc.edu/blog/andrea-lindemann-blog.
IL Poverty Commission's New Recommendations: Building a Pathway to Dignity & Work
The Working in Retirement Study: Five Assumptions the Study Contests
By Ellen Galinsky Marcie Pitt-Catsouphes and Melissa Brown
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