benefits

Pensions Under Attack, AARP Fights Back

Posted on 10/30/2013 by | AARP Blog Author | Comments

PoliticsThe financial security of many older Americans could be at risk under a proposed law that was the focus of a hearing this week on Capitol Hill. Under the proposed plan, millions of retirees could see cuts to the benefits they’ve earned through a lifetime of hard work. At issue is a proposal by multi-employer pension plans (plans in which many employers contribute to a common fund to cover their mobile workforce) devised to save the plans from insolvency.  That …

AARP: Don’t Shrink Social Security’s Cost-of-Living Adjustment

Posted on 10/30/2013 by | AARP Executive Vice President | Comments

PoliticsThe annual Social Security cost-of-living adjustment (COLA) is critically important to the financial security of the nearly 58 million Americans receiving benefits. By providing protection against inflation, the COLA helps beneficiaries of all ages maintain their standard of living, keeping many from falling into poverty. The COLA announced today is vital to millions, but at an average of just $19 per month, it will quickly be consumed by the rising costs of basic needs such as food, utilities and health …

Best-Kept Secret: Waiting To Collect Social Security

Posted on 10/24/2013 by | Money and Work | Comments

Bulletin Today | WorkFor those of us who thought that if we just held out until age 66 or 67, we could collect our full Social Security benefit– well, we were wrong. Apparently, Social Security’s “true” retirement age is 70 — and it’s the best-kept secret in town. Sign up for the AARP Money Matters newsletter That’s what Alicia Munnell, director at the Center for Retirement Research at Boston College, wrote in an issue brief this month. Here’s how she explains it: Monthly …

Dignity for All Generations

Posted on 10/24/2013 by | Chief Volunteer | Comments

Your LifeThe following is a response from AARP President Rob Romasco to a recent New York Times op-ed by Tom Friedman: Credit Thomas Friedman for advancing the much needed conversation on the retirement security for all Americans via his “Sorry Kids, We Ate It All.” However, the analysis is incomplete both in fact and in context. Sign up for the AARP Money Matters newsletter Total public investment for older and younger Americans is roughly equal. Our members fight to protect Social Security …

6 Reasons Why Sex Is (Much) Better After 50

Posted on 10/8/2013 by | News, Culture, Sights and Sounds | Comments

Bulletin Today | RelationshipsYou’ve probably heard or seen Miley Cyrus’ comment that people over 40 don’t have sex. We have some really good news for her. We can think of six reasons why sex is better after 40, and better yet after 50. You can probably add some reasons of your own. (Tell us in comments.) 1. We started the sexual revolution and never looked back. No, we weren’t alive in the Victorian era, but in our pre-revolutionary days it sure felt like …

Social Security Enters the Debt-Ceiling Fray

Posted on 10/4/2013 by | In Other News . . . | Comments

Bulletin Today | PoliticsThere’s a lot on the line in the showdown over raising the federal debt ceiling — including, President Barack Obama says, retirement and disability benefits for millions of Americans. The nation’s economic situation could go from bad to worse if Congress fails to increase the government’s borrowing authority by the Oct. 17 deadline, according to Obama. “In a government shutdown, Social Security checks still go out on time; in an economic shutdown — if we don’t raise the debt ceiling …