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March Is Women's History Month -- and the Winter of Our Retirement Discontent
Pension Rights Center Link to more items from this source
[Opinion]
Mar. 25, 2014

"[F]or millions of women their retirement years are not a pretty picture at all.... What are the answers? The most important one is to increase Social Security, not cut it. Consider these facts: [1] Fifty-six percent of Social Security recipients age 62 and older are women. [2] Women make up 68 percent of recipients age 85 and older. [3] Social Security provides at least 90 percent of income for almost half of women 65 and older. [4] The average Social Security benefit for women is just over $13,000 per year. With more than 10 percent of women over the age of 65 living in poverty in 2012, cuts to Social Security would make this rate even worse."

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