AARP Forum on Social Security To Focus Issue on Presidential Candidates.
WINDSOR HEIGHTS, Iowa- This week AARP is hosting a series of events designed to get voters to engage presidential candidates on possible solutions to the saving Social Security.
According to AARP one in five Iowa adults, around 610,000 receive Social Security benefits.
For a number of years Social Security has been under a financial squeeze, with less and less people paying in and more drawing out.
“If no action is taken to keep Social Security secure and solvent, Iowans and Americans will face a 25% benefit reduction in 2033,” said Kent Sovern, AARP State Director. “We want to avoid that by ensuring whoever our next President is, they have a plan for Social Security.”
Appearing at the Windsor Heights forum, Democratic Presidential candidate, Martin O’Malley, the former Governor of Maryland. O’Malley called for scrapping the cap on incomes above $250,000 dollars, so higher income earners would contribute more, to increase Social Security health out to the year 2060.
“Comprehensive immigration reform would also strengthen Social Security, by having more people paying into the system,” said O’Malley. “One of the bigger threats to Social Security, many of the younger people don’t believe it’s going to be there for them.”
AARP is hoping to get all candidates to come up with a plan of saving Social Security. They do not plan to endorse a particular plan, or candidate, but are tracking what candidates have proposed on the topic on an AARP website.'
http://whotv.com/2015/12/07/aarp-forum-on-social-security-to-focus-issue-on-presidential-candidates/