AMAC chief says: It’s time to fix Social Security

On the heels of announcing a 2% COLA increase for 2018, many have pointed out that most recipients may not see much, if any, of that increase due to it being used to offset Medicare’s Part B premium amount.  Dan Weber, CEO of the Association of Mature American Citizens (AMAC) says that it’s high time that the formula for computing COLA is changed, and he also offers a solution that would eliminate Social Security’s looming solvency issues for many years to come.  In this Highland (CA) Community News article, Mr. Weber discusses the small 2018 COLA increase and also AMAC’s Social Security Guarantee, a legislative proposal to fix Social Security’s finances.  AMAC has been discussing and continues to discuss this common-sense solution with Congressional Representatives in its efforts to protect America’s senior citizens who rely on Social Security.  To review AMAC’s Social Security Guarantee, click here.

To read Mr. Weber’s comments as published in the Highland Community News, click here.

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