Protest Against Potential Social Security Cuts Tuesday In Albuquerque

Jul 1, 2013

Albuquerque--- On Tuesday, July 2, Congresswoman Michelle Lujan Grisham will join members of the New Mexico Alliance for Retired Americans to create a human chain in front of the Social Security Administrative offices to protest the chained CPI. 

This action is part of the Alliance for Retired Americans’ National Day of Action which focuses specifically on opposing the chained CPI Social Security benefit cut.  More than 40 human chains will be formed in front of key Congressional offices and Federal buildings, as well as other strategic locations, in states around the country.

The chained CPI would cut Social Security benefits by changing the cost of living adjustment (COLA) formula.

The chained CPI is an immediate Social Security benefit cut, and it would result in an annual benefit that is roughly $1,000 (2012 dollars) lower by the time a beneficiary reaches age 85.  Activists will stress that the chained CPI does not accurately account for large health care cost increases faced by seniors and people with disabilities. 

Who:              Congresswoman Michelle Lujan Grisham, NM Alliance Retired Americans

When:            Tuesday, July 2, 2013, 2 pm

Where:         500 Lead SW, Albuquerque. 

The Alliance for Retired Americans is a nationwide grassroots advocacy organization representing more than 4 million nationally and 15,000 in New Mexico.