Latest News
Editorial: Social Security reform must be part of bigger budget deal
If switching to the chained CPI isn’t the right reform for Social Security, then what is? Hint: It isn’t switching to a cost-of-living formula that pays even more in benefits to all retirees. And it isn’t doing nothing. Read more……
Union Retirees in Texas Rally Against Proposed ‘Chained CPI’ Cuts to Social Security
About 40 demonstrators gathered at the J.J. Pickle Federal Building in downtown Austin for that city’s event. Representatives of U.S. Rep. Lloyd Doggett accepted the group’s thanks for his position on the measure. Tony Padilla, Secretary of the Texas Alliance…
Online estimator helps those planning their retirement
Q: I am 65 and enrolled in Medicare. Can I still use the Social Security Retirement Estimator to figure my benefit amount? A: Yes, you can still use the Retirement Estimator. To use the Retirement Estimator, you must have enough Social Security credits…
Higgins stands with Alliance for Retired Americans to protest chained CPI
Congressman Brian Higgins, D-NY-26, joined the Alliance for Retired Americans on their National Day of Action to make their voices heard about the consequences of implementing chained CPI to calculate the cost of living adjustment, or COLA, Social Security benefits. Read…
Social Security and public-sector pensions
Congress enacted The Social Security Government Pension Offset (GPO) in 1977 as part of a series of amendments to improve the program’s finances. Similarly, the Social Security Amendments of 1983 included the Windfall Elimination Provision (WEP). Read more… Notice:…
Officials see immigration reform bolstering Social Security in the short term
The White House said this week that passing the immigration bill will help boost Social Security — a claim that gets at the heart of the immigration debate and whether it’s good for the economy or not. Two of the federal government’s…
What makes America great: A tale of the social contract
My introduction to capitalism came courtesy of a 20-foot combined Pepsi-Cola and Chevron sign in my grandparents’ front yard. It advertised their small, hand-built country store Lee’s Gas & Grocery, an entrepreneurial venture that became a landmark and staple in…
How to truly be happily retired
Gary Mansfield, an attorney from Aventura, Fla., has reviewed a book by Stan Hinden, How to Retire Happy. Retirement is a concern of many column readers, and I thought you would like to know about this book, available at Amazon.com…
What to teach our grandkids about saving
As I watched my young grandsons play with my iPad during a recent visit, I struggled to imagine what their world would be like 70 years from now, when they are around my current age. Will they still be working?…
Social Security supporters form human chains in 45 cities
Social Security advocates formed human chains in at least 45 cities from coast to coast yesterday to protest the “chained CPI,” which they insist is nothing more than a backdoor attempt to drastically slash the benefits that millions depend upon…