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The People’s Choice for the People’s Pension

If we wanted to adopt a cautious policy measure that would eliminate Social Security’s shortfalls predicted 20 years down the road, we could eliminate the cap on earned income subject to Social Security taxes, currently set at $113,700. Such a measure would lead to increased payments by about the top 5.2 percent of wage earners.

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

The case for expanding Social Security, not cutting it

Congress should be looking at ways to expand Social Security, not shrink it — particularly at a time when traditional corporate pensions are disappearing, and 401(k)s have proved fairly risky.

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

Delaying Retirement: Should Average Life Expectancy Determine Retirement Age?

These days many Americans, whether political or not, are tuned into discussions about social insurance programs. Retirees and younger generations alike are questioning whether Social Security benefits will be ample enough to carry them through their retirement years. Despite solvency

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

#LOLHeritage: Three asinine reasons for the Chained CPI

The Heritage Foundation, the uber-conservative D.C. thinktank headed by former Senator and Tea Party darling Jim DeMint, is an unashamed opponent of Social Security. Past proposals from Heritage have included raising the retirement age, means-testing benefits, and privatizing the entire

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

Chained CPI for Social Security means forcing seniors, veterans onto food stamps

Let’s call the Chained CPI what it really is: the “force food stamps on seniors” program – since that’s exactly what will happen if it’s implemented.

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

Americans support universal pensions, oppose Social Security cuts – will our leaders listen?

Given that millions of Americans are facing a very uncertain and risky retirement (53% of working households are at risk of financial insecurity in retirement, up from 30% in 1989), it’s troubling to see national leaders seemingly bent on making

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

All you need to know about the Chained CPI and Social Security in one graph

Sometimes a picture speaks a thousand words. And for those interested in understanding what impact the “Chained CPI” will have on their Social Security benefits, look no further than this graph. The Chained CPI would change the way inflation is

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

It turns out nearly all Americans love Social Security

At a time when people are increasingly worried about retirement – both their own and the retirement of their parents and grandparents – a new poll shows the vast majority of Americans support higher taxes to increase Social Security benefits.

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

No sense of citizenship – or shame: Wealthy corporate CEOs want Social Security, Medicare on chopping block

I like to consider myself a sensible guy – someone who can set aside my own self-interest to recognize other people’s need, concerns and desires – particularly when it comes to politics and public policy. But in this case, I’m

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Posted in A Fair Deal at Work, An Inclusive Economy, Social Security

The New York Times gets it right on Social Security

This Saturday, the New York Times editorial board took a hard look at a recently proposed cut to Social Security: using a “chained” CPI (Consumer Price Index) to calculate cost-of-living adjustments. What’s the chained CPI – and why does it

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