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Stephen Pagliuca on Social Security

 


Never allow diverting into individual retirement accounts

Q: Will you support a balanced Social Security plan? A: Social Security has been one of America's most successful social programs, despite the repeated attempts by Republicans since its inception to weaken it. Social Security makes us all proud: its administrative costs are low, it's progressive, and its benefits are especially helpful for women and minorities who have faced historic discrimination in pay and pensions. While Social Security was never intended to be the sole source for workers' retirements, we should never allow money to be diverted from Social Security into individual retirement accounts. The surplus in Social Security will not be exhausted until 2041. By making small adjustments now, we can keep Social Security in surplus far beyond 2041.
Source: 2009 AARP Voter Guide: MA Senate Dec 1, 2009

Other candidates on Social Security: Stephen Pagliuca on other issues:
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Deval Patrick
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Page last updated: Jan 28, 2010