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Oppose Social Security privatization.
Take action to protect Social Security from the threat of privatization.
| Sample Letter for Campaign |
Subject:
Dear [ Decision Maker ] ,
I am writing to urge you to oppose any proposal to replace Social Security's defined benefits with individual investment accounts.
Today's Social Security system guarantees workers and their families a monthly income for the rest of their lives following retirement, disability or the death of a breadwinner. Replacing Social Security's guaranteed defined benefits with privatized individual investment accounts would mean Social Security could no longer guarantee today's level of benefits that have kept so many older Americans out of poverty. Individual accounts would offer no safeguard that families could maintain their standard of living when a worker dies, becomes disabled or retires.
Social Security benefits do not go up and down with the stock market or the economy. The benefits never run out no matter how long a retiree collects benefits. These guarantees are the kind of stable income security plan that America's families need, especially during times such as today's recession and general economic instability.
Privatization would expose individual workers to the ups and downs of the stock market and could not guarantee that retirees would not outlive their benefits. Privatization cannot give families or seniors any kind of income security for the future.
Your future benefits would have to be cut dramatically just to pay for the over $1 trillion price tag to turn Social Security into private individual accounts.
Congress needs to act responsibly. That means doing something soon, but it does not mean taking actions that ultimately will undermine the retirement and income security of working families.
I urge you to strengthen Social Security and reject efforts to replace its benefits with private individual investment accounts.
Sincerely,
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