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Rick Larsen on Social Security

Democratic Representative (WA-2)

 


Voted YES on raising 401(k) limits & making pension plans more portable.

Comprehensive Retirement Security and Pension Reform Act of 2001: Vote to pass a bill that would raise the amount individuals may contribute to traditional and Roth Individual Retirement Accounts and to 401[k] plans and make pensions plans more portable
Reference: Bill sponsored by Portman, R-OH; Bill HR 10 ; vote number 2001-96 on May 2, 2001

Create Retirement Savings Accounts.

Larsen adopted the manifesto, "A New Agenda for the New Decade":

Balance America’s Commitments to the Young and the Old
An ever-growing share of the federal budget today consists of automatic transfers from working Americans to retirees. Moreover, the costs of the big entitlements for the elderly -- Social Security and Medicare -- are growing at rates that will eventually bankrupt them and that could leave little to pay for everything else government does. We can’t just spend our way out of the problem; we must find a way to contain future costs. The federal government already spends seven times as much on the elderly as it does on children. To allow that ratio to grow even more imbalanced would be grossly unfair to today’s workers and future generations. In addition, Social Security and Medicare need to be modernized to reflect conditions not envisioned when they were created in the 1930s and the 1960s. Social Security, for example, needs a stronger basic benefit to bolster its critical role in reducing poverty in old age. Medicare needs to offer retirees more choices and a modern benefit package that includes prescription drugs. Such changes, however, will only add to the cost of the programs unless they are accompanied by structural reforms that restrain their growth and limit their claim on the working families whose taxes support the programs.

Source: The Hyde Park Declaration 00-DLC7 on Aug 1, 2000

Rated 80% by the ARA, indicating a pro-senior voting record.

Larsen scores 80% by the ARA on senior issues

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. The Alliance believes that all older and retired persons have a responsibility to strive to create a society that incorporates these goals and rights and that retirement provides them with opportunities to pursue new and expanded activities with their unions, civic organizations and their communities.

The following ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization's preferred position.

Source: ARA website 03n-ARA on Dec 31, 2003

by NCPSSM indicating a pro-Social Security stance.

Larsen signed by NCPSSM on Social Security protection

An endorsement by the NCPSSM indicates strong belief in preserving Social Security and Medicare (i.e., a strong stance against privatization, and for continued federal government involvement). Their mission statement:

"The National Committee to Preserve Social Security and Medicare is one of the most effective and trustworthy sources for Social Security, Medicare and Medicaid advocacy. Since 1982, we have been working for generations of older Americans who want our nation’s health and income security programs secured for the future. Join us and learn more about how you can be a part of our intergenerational crusade."

Source: NCPSSM website 12-NCPSSM on Oct 31, 2012

Sponsored keeping CPI for benefits instead of lower "Chained CPI".

Larsen co-sponsored Resolution on CPI

CONCURRENT RESOLUTION expressing the sense of the Congress that the Chained Consumer Price Index (CPI) should not be used to adjust Social Security benefits.