Ms. magazine  -- more than a magazine a movement

SIGN UP FOR MS. DIGEST, JOBS, NEWS AND ALERTS

FEMINIST WIRE NEWSBRIEFS

ABOUT
SEE CURRENT ISSUE
SHOP MS. STORE
MS. IN THE CLASSROOM
FEMINIST DAILY WIRE
FEMINIST RESOURCES
PRESS
JOBS AT MS.
READ BACK ISSUES
CONTACT
RSS (XML)
 
feminist wire | daily newsbriefs

February-09-05

Women's Organizations Speak Out Against Privatization of Social Security

The National Council of Women's Organizations (NCWO) urged President Bush to listen to women's concerns about privatizing social security in a press conference held yesterday. The NCWO, representing over 200 women’s organizations with over 10 million members, including the Feminist Majority, opposes the privatization of Social Security and is concerned that Social Security’s features such as survivors’ and disability benefits are being ignored in the current debate.

Women’s groups argue that privatization will put many of Social Security’s most women-friendly features at risk. “Because women rely on Social Security more and benefit from its special protections for women, women have more at risk from Social Security privatization,” said Heidi Hartmann, president of the Institute for Women’s Policy Research and co-chair of the NCWO Task Force on Social Security.

"President Bush’s support for individual accounts carved out of Social Security jeopardizes the guarantee of lifetime, inflation-adjusted benefits that Social Security now provides," said Martha Burk, Ph.D., Chair of NCWO. "The American public does not want benefit cuts and massive deficits in exchange for private accounts that may not yield higher returns in retirement."

Kim Gandy, National Organization for Women president, said, “If you’re a woman, you’re being asked to take your money out of a system that offers guaranteed retirement, disability and survivor benefits, and move it into a privatized system that will discriminate against you in the amount it pays out because you are female.. Women weren’t born Democrat, Republican or yesterday.”

“All workers will face cuts in guaranteed benefits and most will not have that income made up by an individual account,” added Hartmann. “Social Security provides women with life insurance, disability income, and spousal benefits and all of these will be at risk if privatizers have their way.”

JOIN the Feminist Majority

Media Resources: National Organization for Women Social Security Press Briefing 2/8/05, NCWO press release 2/8/05


© Feminist Majority Foundation, publisher of Ms. magazine

If you liked this story, consider making a tax-deductible donation to support Ms. magazine.

 

 

Send to a Friend
Their
Your
Comments
(optional)


More Feminist News

10/31/2014 Federal Judge Exempts Another Catholic University from Birth Control Coverage - A federal judge ruled Tuesday that Ave Maria University, a Catholic university in Florida, does not have to comply with federal rules meant to ensure that covered employees can exercise their right to obtain birth control at no cost. The Affordable Care Act requires all new health insurance plans to cover all FDA-approved contraceptives - such as the pill, emergency contraceptives, and IUDs - without charging co-pays, deductibles or co-insurance. . . .
 
10/31/2014 Women of Color in Tennessee Are United in Opposition to Amendment 1 - Just days before the general election in Tennessee, a coalition of community leaders, clergy, and advocates led a press conference encouraging women of color to vote no on Amendment 1, a dangerous and far-reaching measure on the state's ballot. SisterReach, a grassroots organization focused on "empowering, organizing, and mobilizing women and girls in the community around their reproductive and sexual health to make informed decisions about themselves," organized the press conference "to call attention to the unique concerns Black and poor communities throughout Shelby County and across the state of Tennessee face on a daily basis" and to emphasize how the upcoming election "could further limit [black women's] reproductive, economic, political, and social autonomy." "We assemble today to impress upon black women and women of color, many of whom are heads of households, to get out and vote," said SisterReacher Founder and CEO Cherisse Scott at the event. SisterReach has been educating voters about the particularly dangerous impact of Amendment 1 on women of color. . . .
 
10/30/2014 Medication Abortion Access Threatened by Oklahoma Court Ruling - An Oklahoma state district court judge has refused to block a state law restricting medication abortion, clearing the way for the law to go into affect on November 1. The Oklahoma Coalition for Reproductive Justice, together with a local abortion clinic in Tulsa, challenged HB 2684 in September, arguing that the law was an unconstitutional restriction on non-surgical abortion in the earliest weeks of pregnancy. . . .