#soc

No part of Italian society should see itself as exempt from the effort to save Italy from collapse. ↗

— Giorgio Napolitano

#effort #exempt #italian #italy #itself

The country will also need 'new forms of social welfare' instead of its current system which is excessively centred on pensions. ↗

— Giorgio Napolitano

#country #current #excessively #forms #instead

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

— Grace Napolitano

#benefit #check #currently #exclusively #half

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 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

Our political leaders must be honest and forthcoming with data that will allow citizens to use facts and figures to judge for themselves what state Social Security is in. ↗

— Grace Napolitano

#citizens #data #facts #figures #forthcoming

There is a need for Social Security reform to ensure its stability, and Congress must act. ↗

— Grace Napolitano

#congress #ensure #must #need #reform

To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors. ↗

— Grace Napolitano

#allow #cause #definitely #earnings #erode

We must level with the people and explain to them that Social Security will first face funding problems in 2042 that can be fixed now with changes that do not undermine and ultimately drain from the entire program. ↗

— Grace Napolitano

#drain #entire #explain #face #first