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Congresswoman to introduce resolution against raising retirement age

 

 

 


 

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Congresswoman to introduce resolution against raising retirement age
 

 

September 2010--Rep. Gabrielle Giffords (D-AZ) plans to introduce a resolution expressing the sense of Congress against raising the retirement age when Congress reconvenes this month.

"This resolution, especially with a large number of cosponsors, can be a good counterweight to proposals at the Fiscal Commission to raise the retirement age," said Edward F. Coyle, Executive Director of the Alliance for Retired Americans.

In a "Dear Colleague" letter sent to members of the House recently, Giffords said that an increase in the retirement age is simply a cut in benefits.

Current cosponsors include: Reps. Travis Childers (D-MS), Paul Tonko (D-NY), Peter DeFazio (D-OR), Laura Richardson (D-CA), Diane Watson (D-CA), Joseph Crowley (D-NY), Carol Shea-Porter (D-NH) and Joe Courtney (D-CT). To ask your Member of Congress to co-sponsor the resolution, go to http://bit.ly/9SbUfN.

"For 75 years, Social Security has been a bedrock promise.  Seniors have earned it with a lifetime of hard work and depend on it to live independently and with dignity in their retirement.

“That's why I unequivocally oppose proposals to cut Social Security benefits and balance the budget on the backs of seniors by raising the Social Security retirement age," Giffords wrote in her letter.

Rep. Giffords listed several reasons for not raising the retirement age: the surplus within the Social Security trust fund is estimated to grow to more than $4 trillion by 2023; also, the normal retirement age, currently 66, was already increased by two months each year in 1983 until it reaches 67 in 2022. 

 In addition, she wrote that raising the retirement age will place a greater burden on older, blue-collar workers in physically demanding occupations, like nurses, auto workers and teachers, who may not be able to continue to work in their jobs into their mid-to-late 60s; that the burden of raising the retirement age will fall most heavily on older workers with limited employment opportunities; and that life expectancy numbers are skewed in favor of men, higher income earners, and the more educated.

 

 

 

 

 

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