Seniors Earned Their Social Security Retirement Income – Here’s How We Can Protect It
As we start another new year, it’s time to focus on the future. For millions of older Americans that means fixing the issues plaguing Social Security. The solution is right before our eyes — the Social Security Expansion Act.
When this historic piece of legislation becomes law, retired Americans will finally get what they so rightfully deserve:
- Across-the-board benefit increases starting with an immediate $200 a month Social Security retirement benefit increase
- Increased cost-of-living adjustments (COLAs) using a formula that guarantees a fair cost-of-living increase each and every year that not only keeps up with inflation but compensates seniors for other cost increases they face, namely healthcare
- Increased minimum benefits for seniors eligible for old-age or disability benefits
- Social Security solvency through enhanced benefits to ensure the long-term solvency of this critical program. Social Security’s trust fund is facing a pending deficit in less than ten years. The Social Security Expansion Act will extend its solvency through 2096.
How to Make It Happen
This can all become a reality if members of Congress actually listen — and act upon — what their constituents want. A survey by The Seniors Trust showed unanimous support for passage of the Social Security Expansion Act. A stunning full 100 percent of respondents said lawmakers should pass this legislation. When probed deeper, 98.2 percent of those surveyed said they support efforts in Congress to expand Social Security benefits for all eligible senior citizens living in this country.
The time has come. We need to do a better job of taking care of all of the older Americans who worked long, hard years faithfully contributing to the Social Security Trust Fund. They should not be forced to sacrifice, pinch pennies, or go without basic necessities during their retirement years yet that’s exactly what many are being forced to do because our politicians are not stepping up to do what’s right. Seniors deserve a secure retirement.
Please join The Seniors Trust in imploring lawmakers to finally pass the Social Security Expansion Act in 2024. You can show your support by signing our petition to Congress. It will take just a minute of your time but could provide long-lasting financial support for senior citizens now and in the future.