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Today in Labor History

July 17, 1944
Two ammunition ships explode at Port Chicago, Calif., killing 322, including 202 African-Americans assigned by the Navy to handle explosives. It was the worst home-front disaster of World War II. The resulting refusal of 258 African-Americans to return to the dangerous work underpinned the trial and conviction of 50 of the men in what is called the Port Chicago Mutiny. Union Communication Services

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Chained CPI: Bargaining With Your Future
Posted On: Oct 18, 2013

The Chained-CPI isn't just a one-time cut. Each year that passes means more cuts for seniors.

According to Social Security Works, an average earner who retired in 2011 at age 65 can expect to lose over $6,000 over 15 years if the Chained-CPI were adopted.

The Chained-CPI formula fails to take into account the large health care costs and rising living expenses faced by seniors with limited income. Our seniors cannot just substitute triple bypass surgery with a double bypass because it's cheaper.

By considering a switch to Chained-CPI, Members of Congress are bargaining with our future. Use the Social Security benefits change calculator from AARP here to see how much you stand to lose, then share it with your friends and contact your legislator.

Source: www.seiu.org


 
 
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