Social Security is the most universal, fair, secure, and efficient retirement income arrangement in the country. It provides America's workers and their families vital life insurance and disability insurance protection. Social Security's many strengths include it is a benefit that can not be outlived, and protects against inflation. The many weaknesses of private sector retirement arrangements and the rarity of private long-term disability insurance makes one thing perfectly clear: It is time to expand Social Security.
Some members of Congress argue that in order to save Medicare benefits need to be cut and the eligibility age should be raised in order to save the program for the future. Proposals to shift added costs to people with Medicare by increasing premiums, deductibles, copayments and coinsurance and scaling back supplemental insurance are gaining bipartisan support in Congress.
Pat Knazze, Teacher from Chicago, "As a retiree, I rely on my pension to pay my bills. I worked hard, made payments into the pension system from every paycheck, and I deserve the modest income I earned. Instead of standing behind teachers like me, Mayor Emanuel is trying to cut my pension by saying we can’t afford it. But, he’s still diverting tax dollars to fund pet projects for his corporate backers."