“Social Security is an earned benefit and can never be cut” — that’s the first right of our bill, The Senior Citizens Bill of Rights. This essential right prevents any decrease to benefits, allowing beneficiaries to have more peace of mind when thinking about their finances.
Why It’s a Concern
Currently, experts are suggesting that Social Security’s combined trust funds will run out by 2034. The financial impact of this possibility could bring a great amount of distress for many seniors.
To make matters worse, the longer politicians wait to address Social Security, the harder things become. Without a fix for the program’s looming insolvency, beneficiaries could find their benefits decreasing by 22%.
A Devastating Decrease for Many
The possibility of such a decrease to benefit payments is devastating to many who rely on them. In fact, according to a fact sheet from the SSA, benefit payments represent nearly 33 percent of a senior citizen’s income. And while it may seem like a small percentage, it comes out to be a third of the fixed monthly income seniors receive!
We’re Asking for Your Help
Especially right now, when the future of Social Security is so turbulent, senior citizens need more reassurance. Our bill provides them with just that — seven reassurances that their finances are more secure than they’ve ever been.
Even if the current issue at hand is fixed, senior citizens deserve better. The risk of a decrease to benefits payments can cause unneeded stress. That is why our bill is essential.
We’re asking for your help to get it passed. As their constituents, the politicians in power are there to serve you and provide you with a direct link to the government. Help us urge the elected leaders in Washington to take a stand and support our senior citizens; go here for more information.
