John Carney on Social Security

Expect to work longer than our parents did before retiring

John Carney: As a baby boomer, I know we can expect to work for much longer than our parents did before retiring. As former Sec. of Finance, I understand the importance of saving throughout one's career. I helped revamp the state employee deferred compensation plan to enable more state employees to save for retirement. For future seniors to live comfortably in retirement, we need solutions to encourage long-term saving from an early age. While being sensitive to small businesses for whom offering a payroll deduction may be burdensome, I'd support measures to encourage employers to offer a retirement savings plan as an option.

Rated 93% by ARA, indicating a pro-Trust Fund stance.

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.
• 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.