Senator Blanche Lincoln
on Social Security ...
Thank you for contacting me regarding social security. I am glad to hear from you on this important topic.
Preserving Social Security for future generations is one of my most important priorities this Congress. Demographic changes in our country are looming and require us to act now to ensure the solvency of the Social Security system.
I believe in the promise our government made to working Americans Â
that if we work hard, Social Security will be there to help us in our golden years. Social Security has made a secure retirement possible for tens of millions of Americans. However, it is important that everyone, especially Baby Boomers, plan for their retirement by supplementing Social Security with personal savings, pensions, and other financial investments.
I will not support any Social Security reform proposal that does not protect the benefits currently provided to women and low-income workers. Unfortunately, 25% of older women in Arkansas live in poverty. Along with my female Senate colleagues, I have developed a fairness checklist for women to serve as a guideline for members of Congress as we consider legislation to reform Social Security. It is critical that any Social Security proposal pass this fairness checklist before gaining support from Congress:
Preserve Social Security's guaranteed, lifetime, inflation-protected benefit;
Protect disabled workers and their families;
Maintain the system's progressive benefit structure;
Strengthen the Social Security system, while ensuring that women and other economically-disadvantaged groups are protected as much as possible;
Aim to further reduce poverty among older women;
If it includes other retirement savings options, these
options would not reduce or replace guaranteed Social Security benefits.
Through my positions on the Senate Finance Committee and the Senate Special Committee on Aging, I will continue to work with the President and my colleagues on a plan to make our Social Security system fiscally sound for its future beneficiaries.
I appreciate knowing your views on this important issue. Please feel free to contact me again if I may be of any assistance to you.
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