This Saturday is World Elder Abuse Awareness Day (WEAAD), when people all over the world voice support for the rights and dignity of elders and opposition to the abuse, neglect, and exploitation of older adults.
WEAAD is part of a global movement for “elder justice” that asserts the fundamental dignity and equality of older adults. Elder justice requires us to develop systems, approaches, and programs that prevent abuse, protect people from abusive situations, and support those members of our community who have experienced abuse to help them recover.
Abuse, neglect, and financial exploitation are not the inevitable consequences of growing old. We all have a role to play in changing how we talk about elder abuse in this country and around the world. Respecting the dignity and rights of people of all ages is a core American value, and a principle built into many American laws. For example: Continue reading →
The statistics about elder abuse tell a troubling story. About five million seniors suffer from some form of abuse, neglect, or financial exploitation each year, and older Americans lose more than $2.6 billion annually because of these crimes, according to the Administration for Community Living. Continue reading →
Your parents were there for you when you were born. They’ve been with you through the most important achievements of your life. Now it’s your turn to show them that they can count on you. As your parents get older, they may need help making decisions. When you volunteer to become a representative payee, you’re supporting your parents and their future. Continue reading →
Every worker’s dream is to enjoy a secure retirement. Social Security is here to secure today and tomorrow. Part of that commitment is ensuring you have the most up-to-date information when you make your retirement decisions.
As the bells ring in the New Year, they also bring changes for new Social Security retirement beneficiaries. Full retirement age is 66 and two months for people born 01/02/1955 through 01/01/1956. They are eligible to receive permanently reduced retirement benefits when they turn 62 in 2017. Continue reading →
In times like these, every dollar counts. Some people qualify for big savings on their Medicare prescription drug costs and don’t even realize it! In fact, if you receive Medicare, you may be eligible for the Extra Help, which could save you about $4,000 per year on your monthly premiums, annual deductibles, and prescription co-payments.
On August 14, 1935, President Franklin Roosevelt said, “We can never insure 100 percent of the population against 100 percent of the hazards and vicissitudes of life, but we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-stricken old age.”
Nearly 81 years later, Social Security provides the foundation for retiring Americans that President Roosevelt imagined when he signed the program into law. The latest figures report that nearly 59 million Americans were receiving retirement, disability or survivors’ benefits from Social Security. Each year, nearly 15 million elderly Americans are lifted out of poverty by Social Security, proving that the program is indeed a crucial part of a secure retirement.
While Social Security provides a strong foundation for workers, the private retirement system also plays a key role in Continue reading →
When President Franklin D. Roosevelt established Social Security in 1935, he saw the program as a fundamental way to advance economic fairness and social justice. Social Security has grown and improved to fulfill FDR’s vision, and we have just completed a year celebrating the 80th anniversary of this important program.
Today, Social Security’s insurance protection is the foundation of retirement security for almost all American workers and families. The average Social Security benefit is modest – about $1,340 a month – yet this benefit is the main income for most seniors. For two in three seniors who receive it, Social Security is more than half of their total income. Continue reading →