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National Association of professional Geriatric Care Managers
Social Security and Pensions Position Paper
The National Association of Professional Geriatric Care Managers (NAPGCM) is an organization of practitioners whose goal is the advancement of expert assistance to older adults and their families. NAPGCM is committed to maximizing the independence and autonomy of elders and strives to ensure the highest quality and most cost-effective health and human services. Members help older persons and their families cope with the challenges of aging, through education, advocacy, counseling, and service delivery.
SOCIAL SECURITY and PENSIONS
Social Security is the cornerstone of the nation’s income protection system for America’s seniors. Older Americans receive monthly social security benefits, which provide some financial independence. For many seniors, social security benefits supplemented by employer sponsored pensions, employer sponsored and individual defined contribution plans and retirement savings enable them to live independently.
I. Social Security
A. NAPGCM advocates:
1. The social security trust funds be protected, secured and invested for the maximum benefit of all beneficiaries,
2. Social Security, Retirement, Survivors, Disability Insurance (RSDI) and SSI benefits be maintained at least at their present levels. Regular cost of living increases must be guaranteed.
3. The eligibility criteria for all classes of benefits currently paid under title II of the Social Security Act be maintained at least at their present levels.
4. The earning limitations imposed on social security beneficiaries be removed.
5. The Social Security Administration annual administrative budget allocation be adequate to ensure timely service to all current and potential Social Security beneficiaries.
B. NAPGCM supports: a continuing role for Social Security (RSDI) in meeting the income needs of older and disabled individuals and their survivors.
II. Pensions
A. NAPGCM advocates:
1. Employer sponsored pension funds be maintained in insured accounts.
2. Employer sponsored retirement funds be transferable when an employee leaves his/her position with that employer.
3. All employees have access to a retirement savings program—either through an employer sponsored plan or through an automated individual retirement account plan.
B. NAPGCM supports: the maximizing of access, due process rights, and remedies under individual and employer retirement benefit plans.
Resolutions Approved by the NAPGCM Board of Directors March 31, 2000.
Position Paper was reviewed, updated and approved by the Public Policy Committee on December 17, 2007.
Position Paper was reviewed, updated and approved by the Board of Directors on February 2, 2008.
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