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Latino Daily News

Thursday January 20, 2011

Latino Organizations Unveil Plan to Protect Social Security from Cutbacks

Today, Latinos for a Secure Retirement was launched to serve as a voice for the Latino American community in the fight to defend Social Security as new threats emerge against the 75 year-old program.

The Latinos for a Secure Retirement coalition brings together some of the strongest and most prominent advocates for Latinos in the country including the League of United Latin American Citizens (LULAC), the Labor Council for Latin American Advancement (LCLAA), and The Hispanic Federation, amongst others.

During their announcement today, Latinos for a Secure Retirement unveiled their policy recommendations in a report entitled “Protecting Social Security: A Blueprint for Strengthening Social Security for All Americans.” The plan features recommendations to ensure the sustainability and solvency of Social Security for the next 75 years and beyond without any cuts to benefits or increase in the retirement age. The full report is available at www.lulac.org/socialsecurity.

The need for the coalition grew in response to recent attacks from Social Security adversaries who have falsely attributed the nation’s rising deficit problems with the program. In the Latino community Social Security benefits represent nearly all the income for almost half of Latino seniors. While keeping millions of seniors out of poverty every year, the average Social Security benefit for Latino seniors is only $12,213 for men, and only $9,536 for Latinas.