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 email@example.com.