The Human Chain Against Chained CPI

National Dayof Action to create a HUMAN CHAIN in front of key

Congressional offices and Federal Buildings      

ICAN is working with the Iowa Alliance of Retired Americans (ARA) and a coalition of othergroups on a rally to stand against chained CPI. We’re going to make a human chain in DesMoines and Waterloo, around the federal buildings on July 2nd inconjunction with the National Day of Action. The coordinated effort focuses specifically on elevating grassroots voices in the battle to protect and enhance retirement security.

Tuesday, July 2, 2013

Noon to 1 p.m.

 Federal building; 210 Walnut Street, Des Moines IA

210  Waterloo Building; 531 Commercial Street, Waterloo IA

 

Crucial Facts about Chained CPI:

  • It’s an immediate Social Security benefit cut! It’s not just a simple technical change
    without any impact – it’s an immediate, real cut to the benefits you have earned every
    year into the future.
  • It is NOT just a small benefit cut! Switching to a chained CPI would compound
    benefit reductions dramatically over time, resulting in an annual benefit that is roughly
    $1,000 (2012 dollars) lower by the time a beneficiary reaches age 85.
  • We need a higher COLA – not a lower one! The current COLA is not enough – it
    does not accurately account for large health care cost increase faced by seniors and
    people with disabilities.

For additional information email ICAN organizer Frank Driscoll at fdriscoll@iowacan.org.

http://iowacan.org/campaigns-ican/social-security-no-cuts/

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