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Frank Irigon: Why Family and Medical Leave is important for seniors

Frank Irigon: Why Family and Medical Leave is important for seniors

February 4, 2013

Chair Sells and members of the Committee: Thank you for your time today as I testify in support of House Bill 1457. My name is Frank Irigon. I am here today as a senior citizen representing the Puget Sound Advocates

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Posted in A Fair Deal at Work, Paid Family and Medical Leave

California Assembly considering state retirement plan for private sector workers

After passing the California State Senate in late May, private sector employees in the Golden State are one step closer to a low-cost, low-risk, and completely portable retirement savings option provided by the state. Senate Bill 1234 would provide a

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Posted in A Fair Deal at Work, Retirement Security, Retirement Security Accounts

Social Security more important than ever to Washington workers, retirees and families

Today, on its 77th birthday, our Social Security system is more important than ever. In a world of risky investment schemes and unpredictable markets, Social Security is a fortress of security and reliability. In this uncertain world, where no one

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Posted in A Fair Deal at Work, Retirement Security, Social Security

Retirees’ pension benefits help keep Washington economy afloat

What makes an economy grow? Don’t forget to add retirees to the list – especially those who have pensions. Business start-ups, a prosperous middle class, high-quality schools, and good infrastructure come to mind as engines of economic growth. But Washington’s

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Posted in A Fair Deal at Work, Retirement Security

401k fees eat money like moths in a sweater drawer – but not for much longer

New fee disclosure requirements for 401k plans are just around the corner – that’s good news for everyone who wants to save You can’t see them easily, but chances are they’re eating away at the money you’ve been putting away

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Posted in A Fair Deal at Work, Retirement Security

Low pay, poor working conditions mean “care gap” lies ahead for aging baby boomers

Washington’s home care providers often live paycheck to paycheck, with little in the way of work standards to protect them – so how will we attract the estimated 400,000 new workers we need to care for our Baby Boomers in

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Posted in A Fair Deal at Work, Check, Health Care, Minimum Wage, Retirement Security

Retirement plan fees eat up almost 1/3 of household savings

Recent research shows the average American household could be paying as much as $155,000 in fees for retirement plans over their lifetime – a surprisingly large bite out of retirement savings. Think that’s bad? Here’s the kicker: the majority of

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Posted in A Fair Deal at Work, Retirement Security, Retirement Security Accounts

Bowles-Simpson deficit plan worse for future Social Security recipients than no action by Congress

The beauty of Social Security is its simplicity. Social Security is a self-financing system that workers and employers pay into, and upon retirement (or in the case of disability or death), workers and their families receive benefits commensurate with average wages.

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Posted in A Fair Deal at Work, Retirement Security, Social Security

Social Security now providing online benefit statements

Since the 1980s, Social Security statements have been mailed annually to all workers 25 and older. So if you’re a worker – and over the age of 25 – maybe you’ve been wondering where your Social Security benefit statement is.

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Posted in A Fair Deal at Work, Retirement Security, Social Security

The unvarnished truth about Social Security: How we got here and where we’re going

Part 1 | Part Two Working Americans and their employers each pay 6.2% on the first $110,100 of earnings into Social Security. Those payments insure 159 million workers and their families from loss of income due to disability, premature death, or retirement.

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Posted in A Fair Deal at Work, Retirement Security, Social Security
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