#l

Almost half of all Latinas currently on Social Security rely exclusively on their benefit check in retirement. ↗

— Grace Napolitano

#benefit #check #currently #exclusively #half

We are still waiting for the president to introduce a concrete plan. He has just hinted at what he is thinking about doing, but no one has seen a proposal. ↗

— Grace Napolitano

#concrete #doing #introduce #just #plan

Because of my own experience with market fluctuation, I recognize the great risks one takes on investments. This converts the Social Security safety net into a risky proposition many cannot afford to take. ↗

— Grace Napolitano

#because #cannot #converts #experience #fluctuation

Because of their low earnings and family obligations, Latinas would not be putting much money into private investment accounts. An average Latina could wind up losing thousands of dollars under this proposal. ↗

— Grace Napolitano

#average #because #could #dollars #earnings

Because Social Security is specifically designed to boost the retirement income of low earners with a progressive benefit formula, the program has played an enormous and necessary role in keeping Latinas out of poverty. ↗

— Grace Napolitano

#benefit #boost #designed #earners #enormous

Even without reforms, the Social Security fund will be able to meet 100 percent of its obligations until 2042. ↗

— Grace Napolitano

#even #fund #meet #obligations #percent

For people who have for been putting their hard-earned money into the system for years, the president's idea would replace their safety net with a risky gamble with no assurance of a stable return of investment. ↗

— Grace Napolitano

#been #gamble #idea #into #investment

Generally, my writing is influenced by living, by absorbing everything that happens to me and my actions. ↗

— Graham Nash

#everything #generally #happens #influenced #living

Latinas' life expectancies are relatively long. When a current retiree hits 65 and begins receiving her benefit check, she can expect to live another 22 years. That life expectancy is higher than white women or men. ↗

— Grace Napolitano

#begins #benefit #check #current #expect

Latinos are disproportionately more likely to be injured on the job than other ethnic groups. ↗

— Grace Napolitano

#ethnic #ethnic groups #groups #injured #job