A new analysis by the Chief Actuary of Social Security reviewed several proposals billed as ways to reduce the long-term cost of Social Security. The study, commissioned by the House Ways and Means Committee, found several “would have a profoundly negative impact on the retirement security of middle-class seniors in addition to high-income retirees.” From …

Continue reading Doublespeak lives on in plans to “save” Social Security by cutting it to shreds

The Center for Economic and Policy Research has just released a new report exploring the facts behind recent calls for raising Social Security's retirement age. In their own words: As evidenced in a recent statement from the American Academy of Actuaries, some politicians and policy groups continue to call for an increase in the normal …

Continue reading Increase in Retirement Age Disproportionately Hurts Workers at the Bottom

The Institute for Women's Policy Research has collected new data finding widespread support for Social Security programs, especially among women and younger voters. A few of the highlights: The large majority of those polled back Social Security programs in order to ensure economic security for themselves in retirement. Seventy percent report that they do not …

Continue reading Voters favor candidates who support preserving Social Security benefits