Category Archives: Retirement Security

Public policy news and commentary on retirement security in Washington State.

Two public policies that would turn every bad job in America into a good job

What happened to the good jobs? This is the question posed by fast-food workers who walked out in New York and Chicago in recent weeks. [Ed. note: Seattle too!] It is the question posed by activists in those corners of … Continue reading

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‘Scrap the cap’ to keep Social Security fair

The kids are all right. And so are their grandparents. Why? Because Social Security is there — for all of us. And we can make that promise even better by making sure we all pay the same tax rate for … Continue reading

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Just released: 2013 Social Security Trustees’ Report

Released today, the 2013 Social Security and Medicare Trustees’ report didn’t hold any big surprises. The Washington Post reports good news on the Medicare side, saying: Slower health care cost growth has improved Medicare’s financial outlook, extending the program’s trust … Continue reading

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PBS asks: Lift the payroll cap on Social Security?

This PBS NewsHour video from 2005 feels a bit dated, but the points are still largely true. The payroll tax cap is now $113,700, and just 84% of wages are subject to Social Security taxes. Social Security taxes are still not paid … Continue reading

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Moody’s public pension scheme doesn’t make sense – unless you’re on Wall Street

Wall Street bankers have been known to get creative – if not downright deceptive – when finding ways to maximize their own income. Now Moody’s, the bond-rating agency that overvalued junk investments and helped bring the country (and world) to … Continue reading

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Alaska Senator Mark Begich introduces proposal to scrap the cap, move to better CPI measure

Sitka News reports Senator Mark Begich (D-Alaska) is prepared to introduce legislation to protect and preserve Social Security benefits for future generations, while shoring up the system’s long-term solvency. Senator Begich introduced his plan in response to President Obama’s proposal to switch to … Continue reading

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More people think a UFO crashed in Roswell than support Social Security cuts

A recent AARP poll of Americans found 84% of voters over 50 years old – across party lines – oppose cutting Social Security in order to reduce the deficit. Just 16% were in favor or didn’t know. To put that … Continue reading

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