CHICAGO, Aug. 16, 2016 /PRNewswire-USNewswire/ -- Social Security needs to be updated for the 21st Century so we can keep the promise for future generations. If our nation's leaders don't act, future retirees could lose up to $10,000 a year. Doing nothing is not an option.
While Social Security is the bedrock of financial security for most Illinoisans, it is especially critical for women. Nearly 25 percent rely on Social Security for nearly all of their family income. Social Security income keeps one third of women out of poverty. What's more – women earn less, are likely to have gaps in employment due to child rearing and caregiving, and live longer making this program all the more important to them.
That is why AARP is hosting a policy discussion on Social Security and Women, featuring nationally-known expert on personal finance Terry Savage, AARP President Eric Schneidewind, and experts from the Heritage Foundation, Illinois Policy Institute and the National Committee to Preserve Social Security and Medicare.
WHAT: Social Security and Women Summit
WHEN: Wednesday, August 17, 2016
11:30 am – 2:00 pm
WHERE: The Union League Club of Chicago
65 W. Jackson Blvd.
Chicago, IL 60604
WHO: Eric Schneidewind, AARP President
Nancy LeaMond, AARP Executive Vice President
The National Committee to Preserve Social Security and Medicare
The Heritage Foundation
Illinois Policy Institute
CONTACT: Dina Anderson (312) 458-3611; [email protected]
SOURCE AARP Illinois