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Bush/Santorum Social Security privatization scheme and benefit cuts impact rural and farming families more severely.
At
a press conference today in Centre County, Pennsylvanians United to
Protect Social Security, along with Ni-Ta-Nee NOW and other members of the
Pennsylvanians United coalition, released a report that illustrates how much rural
and farming communities would suffer under the Bush/Santorum privatization plan.
Because Social Security plays
a more significant role in the overall income of rural communities than it does in non-rural communities, the $205,632
reduction in retirement benefits facing a typical Pennsylvanian under the Bush/Santorum plan would hit rural families
harder.
"Rural families work hard to earn a secure retirement, and the Bush/Santorum plan puts their retirement
security in jeopardy," said Lauren Townsend, Executive Director of Citizens for Consumer Justice. "Social Security
is a crucial guaranteed benefit for rural communities and it should not be gambled on the stock market. This report
shows how important it is that we take privatization off the table."
According to the report by the Institute for
America's Future, there are 23 counties in Pennsylvania that are considered to be rural. Among those counties,
total personal income was fully $18,151,376,000 in 2003, the most recent county-specific information available.
Individuals with Social Security income in these counties cumulatively received $1,594,581,000 in Social Security
benefits - or 8.8 percent of total personal income.
While non-rural communities rely on Social Security income,
their reliance on the program is not as great. There are 44 non-rural counties in Pennsylvania with a total
personal income of $376,609,395,000 (again, as of 2003, the most recent year such data was available). Individuals
in these counties received $23,342,259,000 in Social Security benefits in 2003 - or 6.2 percent of total personal income.
Clearly,
rural communities are relying on Social Security benefits more heavily than non-rural communities. Rural Pennsylvanians
tend to be older and tend to use survivor or disability benefits more frequently as a result of the risks associated
with farming.
The Institute for America's Future further investigated the impact of the Bush/Santorum plan on rural
women, specifically.
According to the report, as a group, senior women in rural communities have a more difficult
time making ends meet than most other Americans. Nationally, 15 percent of rural women over the age of 60 are poor.
By comparison, 11 percent of rural men over the age of 60 are poor. In addition, among rural seniors over the
age of 85 with an income of less than $10,000 per year, 80 percent are women. As a result, rural women are less
likely to be able to afford the Bush/Santorum benefit cuts.
"A greater number of rural women rely on Social Security
benefits to survive than just about any other group," said Joanne Tosti-Vasey, Treasurer of Pennsylvania NOW and a
member of Pennsylvanians United. "Privatizing Social Security and cutting retirement, survivor, and disability
benefits would be a devastating blow to these women. It's not fair and it's not right. We're standing up today
to say NO to privatization and benefit cuts."
Speaking at the press conference today was Centre County resident Mary Angert who comes from a rural, working
family. Angert spoke of the challenges facing rural, farming families.
"When I was growing up, my family
wasn't any different than the other rural working families we knew," said Angert. "We worked hard every day to
put food on the table and make ends meet. But eventually there came a time when it just wasn't enough. Thanks
to the Social Security safety net, we were able to make it through. For my family, like so many rural families,
Social Security was and continues to be an insurance policy against poverty and desperation. We have to do everything
in our power to protect it and defeat any effort to privatize it."
Pennsylvanians United to Protect Social Security
is a non-partisan coalition of organizations committed to opposing Social Security benefit cuts for the middle class
and any effort to privatize Social Security.
Note: The National Report can be found at:
Ni-Ta-Nee NOW was asked to help release this, the first state-level report, as a result of the Rally on Social
Security (500+turnout) we helped organize last week when Bush came to speak to the FFA (Future Farmers of America)
at Penn State University about why he thinks privatization is so great.
Mary Angert is Co-President of Ni-Ta-Nee
NOW.
Ni-Ta-Nee NOW Press Release, Jun 23, 2005
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