NYPIRG is hosting a series of events on college campuses on the future of Social Security!
When President Roosevelt signed the Social Security Act in 1935, he imagined a program that would protect people from the “hazards and vicissitudes of life.” 87 years later, more than 66 million Americans receive benefits. In fact, this vital social program keeps tens of millions of people and their families out of poverty.
For as effective as it is, Social Security is also in financial trouble. Without congressional action, the program will only be able to pay 78% of current benefits by 2034. That kind of a cut will leave already vulnerable people worse off while leaving the program in doubt for future generations of retirees.
NYPIRG’s series of roundtable discussions will focus on why Social Security matters, why it is facing insolvency, and what kinds of solutions are available.
To get involved, contact Chris Bottini at cbottini@nypirg.org.
Event locations (dates and details coming soon):
- Binghamton
- Buffalo
- Long Island
- New Paltz
- New York City
- Plattsburgh
For more information:
- Status of the Social Security and Medicare Programs – Social Security Administration
- Social Security Lifts More People Above the Poverty Line Than Any Other Program – Center on Budget and Policy Priorities
- Fast Facts & Figures About Social Security, 2022 – Social Security Administration
- Social Security Quick Facts, New York – AARP
- Here’s Why the $39 Trillion U.S. Retirement System Gets a C+ Grade – CNBC
- Updating Social Security for the 21st Century: 12 Proposals You Should Know About – AARP
- Social Security Benefits, Finances, and Policy Options: A Primer – National Academy of Social Insurance