Restoring Retirement Security: Supplemental Social Insurance for Washington


 

Publication Date: March 2010

Publisher: Economic Opportunity Institute

Author(s): John Burbank

Research Area: Population and demographics; Social conditions

Keywords: Elderly; social security; retirment; seniors

Type: Report

Coverage: Washington

Abstract:

Social Security remains as a solid pedestal for our retirement, but pensions are shrinking or non-existent and workers are more apt to have debts than savings. This can be overcome by first augmenting federal Social Security benefits; second, advancing universally accessible voluntary retirement accounts; and third, as this brief outlines in more detail, developing a progressive state-level supplemental social insurance system.