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On This Day in 1695
In what could be considered the first workers’ compensation agreement in America, pirate Henry Morgan pledges his underlings 600 pieces of eight or six slaves to compensate for a lost arm or leg. Also part of the pirate’s code, reports Roger Newell: shares of the booty were equal regardless of race or sex, and shipboard decisions were made collectively..
 

January 27, 2021
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Chained CPI: Bargaining With Your Future
Updated On: Oct 18, 2013

The Chained-CPI isn't just a one-time cut. Each year that passes means more cuts for seniors.

According to Social Security Works, an average earner who retired in 2011 at age 65 can expect to lose over $6,000 over 15 years if the Chained-CPI were adopted.

The Chained-CPI formula fails to take into account the large health care costs and rising living expenses faced by seniors with limited income. Our seniors cannot just substitute triple bypass surgery with a double bypass because it's cheaper.

By considering a switch to Chained-CPI, Members of Congress are bargaining with our future. Use the Social Security benefits change calculator from AARP here to see how much you stand to lose, then share it with your friends and contact your legislator.

Source: www.seiu.org



 Our General Membership Meetings in Baltimore and Salisbury for January 2021 are canceled. 








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