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Scott Peters on Social Security
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No diversion of assets from retiree Trust Fund
Retiree Health Care Trust Fund: In the 1980s, then Mayor Pete Wilson and the City Council guaranteed city employees lifetime health care in exchange for getting them to give up Social Security.
Then they instituted the "waterfall," a financial practice of using a portion of the pension system earnings to pay for health care. That diversion of assets from the pension fund is the single biggest contributor to our pension deficit.
As Council President, Scott stopped the practice of funding retiree healthcare from pension system assets by creating a retiree healthcare trust fund.
This new trust fund will help restore the integrity of the pension fund and will ensure accountability for future health care costs.
Source: 2012 House campaign website, scottpeters.com, "Issues"
, Nov 6, 2012
Opposes personal retirement accounts.
Peters opposes the PVS survey question on privatization
Project Vote Smart infers candidate issue stances on key topics by summarizing public speeches and public statements. Congressional candidates are given the opportunity to respond in detail; about 11% did so in the 2012 races.
Project Vote Smart summarizes candidate stances on the following topic: 'Social Security: Do you support allowing individuals to divert a portion of their Social Security taxes into personal retirement accounts?'
Source: Project Vote Smart 12-PVS-q6 on Aug 30, 2012
Rated 70% by ARA, indicating a mixed record on senior issues.
Peters scores 70% Alliance for Retired Americans
Scoring system for 2014: Ranges from 0% (supports privatization and other market-based reforms) to 100% (supports keeping federal control over Trust Fund and Social Security system).
About ARA (from their website, www.RetiredAmericans.org):
The Alliance for Retired Americans is a nationwide organization, founded in May 2001, with now over 4.2 million members working together to make their voices heard in the laws, policies, politics, and institutions that shape our lives. The mission of the Alliance for Retired Americans is to ensure social and economic justice and full civil rights for all citizens so that they may enjoy lives of dignity, personal and family fulfillment and security.
- Alliance members visit the polls in record numbers. We use the power of our membership and our Congressional Voting Record to educate and mobilize seniors to elect leaders committed to improving the lives of retirees and older Americans.
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We are effectively warding off cuts to our most important social programs like Social Security and Medicare. Our Human Chain Against the Chained CPI events in the summer of 2013 took place in more than 50 cities and mobilized support for stopping this cut to earned Social Security benefits.
- We blocked the privatization of Social Security with our Social Security "Truth Truck" delivering 2.1 million petitions to Members of Congress and other tactics.
- The Alliance makes its voice heard on the issues that matter not just to current retirees, but to all Americans who hope to retire one day. We were a leading voice in recent debates considering changes to Medicare, like replacing guaranteed benefits with a voucher system, and remain so in 2014.
Source: ARA lifetime rating on incumbents of 113th Congress 14_ARA on Jan 1, 2013
Page last updated: Jun 12, 2020