Social Security has reliably delivered benefits to millions of people for over 50 years, and can continue to do so for generations to come. It is one strong leg of the retirement 'stool' upon which Americans rely.
The other 'legs': workplace-based retirement plans and personal savings. Today, almost 50% of all working Americans are not covered by a retirement plan at work. This is especially true for employees of small- and medium- sized businesses, because there are few low-cost, well-managed, scalable and portable retirement plans are available on the market.
To bridge that gap, EOI is working with agencies and organizations here in Washington and across the country to create safe, portable retirement options for today's workers, called Universal Voluntary Retirement Accounts.
08.24.2010
| For 75 years, Social Security has provided
a foundation of economic security for American workers, retirees, and
their families. This brief examines who Social Security helps, how
it works, and explains projections for the long-term outlook.
08.06.2010
| Social Security is the bedrock of economic
security for millions of children, as well
as working and retired Americans. The Social
Security system currently operates at a surplus,
and with a few minor tweaks, will continue
to do so now and far into
the future. But we can improve on Social Security's
winning formula.
08.05.2010
| Every year, the Social Security Trustees
are required by law to project the program’s
finances 75 years into the future. Three different
scenarios are created. Once again, the 2010 Trustees’ Report has confirmed
the health and the long-term vitality of the
Social Security system. Here's a look at some
of the key facts.
03.31.2010
| Today's workers are more apt to have debts than savings when they
retire. This can be overcome by first augmenting federal Social
Security benefits; second, advancing universally accessible voluntary
retirement accounts; and third, as this brief outlines, developing
a progressive state-level supplemental social insurance system.
With
our partners, EOI delved into the data, starting a statewide campaign
to educate Washington citizens about the dangers of Social Security
privatization.
John Balkenhol's pension disappeared just when he needed it most.
More retirement security news and opinion »
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work is licensed under a Creative
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from the Economic Opportunity Institute. Liquid layout
thanks to Matthew James Taylor.

