Maya Rockeymoore and Meizhu Lui, co-chairs of the Commission to Modernize Social Security, recently wrote an op-ed titled “Social Security as a Civil Right” for the National Journal‘s “The Next America,” a feature on how demography shapes the national agenda. Continue reading
This fall 2012 poll from the Joint Center for Political and Economic Studies finds that, although more than half of both African Americans and white Americans are ‘very or somewhat’ confident that they will be financially secure during retirement, this financial security may not become reality. Continue reading
This 2012 poll conducted by the Joint Center for Political and Economic Studies finds that majorities of black Americans and white Americans hold the same views about proposals that would foster solvency and proposals that would improve benefit adequacy within the Social Security system. Continue reading
The Center for Global Policy Solutions released a report that finds President Obama’s proposal to base the Cost of Living Adjustment (COLA) for Social Security, veteran’s benefits and other retirement programs on the chained consumer price index (chained CPI) will widen income and wealth inequality seen among African Americans.
The Chained CPI: Increasing Economic Inequality for African Americans finds that COLA decreases resulting from the chained CPI will disproportionately harm African Americans, who have dramatically fewer sources of wealth to draw upon compared to whites and are, therefore, more heavily reliant on federally-issued benefits. Continue reading
A recent presentation, Strengthening Social Security…by Modernizing the System, given by Wilhelmina A. Leigh, Senior Research Associate at the Joint Center for Political and Economic Studies explores options for strengthening Social Security using strategies developed by the Commission to Modernize … Continue reading