Quick facts about why Social Security is vital to Washington women and families

Via the National Women's Law Center: Social Security is a family insurance plan that provides retirement benefits and life and disability insurance to Washington’s working families. About 1 in 6 residents – about 1,046,200 people – receives disability, survivor, and/or retirement benefits from Social Security. 93 percent of residents 65 and older receive Social Security …

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Another reason to strengthen Social Security: Private retirement plans are weak and uncertain

From Ten Reasons Not to Cut Social Security Benefits: In the past, many workers could rely on so-called defined benefit pensions provided by their employers, which promised retirement payments based on a worker’s salary and years of service. In the private sector, those once common pensions have all but disappeared. To a large extent, they …

Continue reading Another reason to strengthen Social Security: Private retirement plans are weak and uncertain

Average life expectancy increasing – but for whom?

From Ten Reasons Not to Cut Social Security Benefits: The main argument for hiking the Social Security retirement age—which amounts to an across-the-board benefit cut of about 7 percent for each year it is raised—is that average life spans are increasing. But longevity improvements are highly concentrated among upper-income and well-educated Americans. Over the past …

Continue reading Average life expectancy increasing – but for whom?