Trumka and Coyle: Social Security 'Continues to Work'

May 31, 2013

AFL-CIO President Richard Trumka and Alliance for Retired Americans Executive Director Edward Coyle today issued this joint statement on the 2013 Social Security and Medicare Trustees Report:

The most important message from the 2013 Social Security Trustees Report is that our Social Security system continues to work for the American people.  After years of economic crisis for working families, Social Security is in better shape and more dependable than 401(k)s, private pensions or any other public or private program.  We must call out those who will try to misuse today’s report as political cover for unwarranted and ill-advised benefit cuts, like switching to the “chained CPI” to calculate Social Security’s annual cost of living increase (COLA).

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