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Cuts to SS and Medicare will hit women especially hard

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 07:01 AM
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Cuts to SS and Medicare will hit women especially hard

http://www.laborradio.org/Channels/Story.aspx?ID=1314943

11/21/2010
Lede: Women will be especially hard hit if Congress approves any cuts to Social Security and Medicare. Doug Cunningham reports.

By Doug Cunningham

National Organization for Women President Terry O’Neill says because women are at a disadvantage when it comes to pensions, they will suffer more than men from any social security cuts.

: “These proposals to cut social security really will push hundreds of thousands of women - middle-class women - into poverty.
Women are almost twice as likely as men not to have pensions in their retirement. Why is that? Well, because they’re far more likely than men not to work in union jobs. And union jobs are very much jobs that provide pensions.”

The gender pay gap also adds up to disproportionate pain for women as they retire.

: “Women are also far more likely than men to head into their retirement years without savings. When you work a lifetime with unequal pay you have a hard time socking away money for your own retirement.”
Lede: Women will be especially hard hit if Congress approves any cuts to Social Security and Medicare. Doug Cunningham reports.

By Doug Cunningham

National Organization for Women President Terry O’Neill says because women are at a disadvantage when it comes to pensions, they will suffer more than men from any social security cuts.

: “These proposals to cut social security really will push hundreds of thousands of women - middle-class women - into poverty.
Women are almost twice as likely as men not to have pensions in their retirement. Why is that? Well, because they’re far more likely than men not to work in union jobs. And union jobs are very much jobs that provide pensions.”

The gender pay gap also adds up to disproportionate pain for women as they retire.

: “Women are also far more likely than men to head into their retirement years without savings. When you work a lifetime with unequal pay you have a hard time socking away money for your own retirement.”

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 07:40 AM
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1. recommend
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Sirveri Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 08:03 AM
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2. Well I guess it's a good thing there aren't any currently being discussed.
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pleah Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 08:32 AM
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3. K&R
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ellenfl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 11:10 AM
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4. that's me. single paycheck most of my adult life. eom
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