Briefing Book
White House Conference


Detroit Area Agency on Aging

1100 Michigan Building
220 Bagley Avenue
Detroit, Michigan 48226-1410
313) 222-5330
Fax (313) 222-4308

Paul Bridgewater, Executive Director
Rose M. Aguilar, Interim Chairperson
Serving: Detroit, the five Grosse Pointes, Hamtramck, Harper Woods and Highland Park

DETROIT-AREA SENIOR POWER DAY
PLATFORM ON SOCIAL SECURITY

On June 26, 1998, a regional Senior Power Day was held on Belle Isle in Detroit. At that time, a platform was affirmed and submitted to the state legislators who attended. The following statement on Social Security was part of those proceedings.

ISSUE STATEMENT

There has been a good deal of mis-information spread around in the growing debate over Social Security and very little in the way of hard numbers. According to some experts, while Social Security is solvent today, it faces a long-term funding crisis. If no action is taken, the program is expected to begin paying out more than it collects in the year 2013. By the year 2032, payroll contributions will only be enough to cover 75 cents on the dollar of current benefits.

RECOMMENDATIONS FOR ACTION

Organizations representing senior citizens, including AARP, should take the lead in meeting with representatives of youth service groups to reach an agreement and to help assure the long- term solvency of Social Security program which has benefitted people of all ages: retirees, and the survivors of death and disability. We reject the concept of "generational conflict." Together, seniors and youth need to combat the campaign of the traditional opponents of Social Security (the insurance companies and Wall Street brokerages) saying, "there won't be any Social Security for young people when they retire", thus leaving privatization as the only alternative for them.

Social Security has never been a simple insurance program. These funds also support children and orphans, disabled and low income persons. We are not trying to make Social Security take the place of pensions, or savings, or investments. It is a safety net for all citizens. For that reason we continue to support the present system of taxation of Social Security benefits on a sliding scale beginning at $15,000 for individuals and $32,000 for couples. We would like to be reassured that these funds end up back in the Social Security Trust Fund to help assure its survival and not as an unaccounted deposit for general tax expenditures by government.

Therefore, we:

  • Encourage extended debate.

  • Oppose radical changes of privatization or drastic benefit cuts.

  • Call upon Michigan legislators to host a forum to promote discussion between the public and Michigan federal legislators on the future of Social Security.

We at the Detroit Area Agency on Aging remain supportive of these statements.

Paul Bridgewater
Executive Director
November 30,1998
PB/MS/th/bm/th

The Detroit Area Agency on Aging is an Equal Opportunity Employer Auxiliary Aids and Services Available Upon Request to Individuals with Disabilities The Michigan Relay Center Number is 1-800-649-3777 (voice and TDD)

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