ProtectSeniors.Org

Non-profit organization fighting to protect all retirees' earned benefits.

Please donate to our organization by clicking below.

[ProtectSeniors.Org @ProtectSeniors]

Medication and treatments for life threatening diseases like breast cancer are extremely expensive. Check out our new video to see why we fight so hard to protect your earned healthcare benefits during #BreastCancerAwarenessMonth and every month: https://t.co/CwHsRxy2Od

[ProtectSeniors.Org @ProtectSeniors]

"The retirees’ pensions are expected to survive the bankruptcy largely intact thanks to a backstop from the Pension Benefit Guaranty Corporation. But if Sears goes into a liquidation [...] then the retirees would lose most of their life insurance benefits."

[The New York Times @nytimes]

"It feels like family." Across the United States, legions of former Sears workers gather regularly to reminisce about their long careers in retailing. https://t.co/wFLvdK5BRJ

[ProtectSeniors.Org @ProtectSeniors]

From all of us at ProtectSeniors: Happy holidays!
Wishing you love, peace and laughter as one year ends and another begins...

[ProtectSeniors.Org @ProtectSeniors]

"Working alongside ProtectSeniors, a national advocacy group for retirees" Dave Edmunds got a law passed in Virginia that protects retirees whose pensions are sold off to insurance companies. Thanks for the write-up, @BoomerMag!

[Boomer Magazine @BoomerMag]

When Dave Edmunds saw his and 41,000 other retirees having their pensions sold off ... he took action. https://t.co/QJhKM4jT2J

[ProtectSeniors.Org @ProtectSeniors]

Bristol-Myers Squibb to terminate $3.8 billion U.S. pension plan https://t.co/ynQmLMPytr #PensionDeRisking #PensionStripping

[ProtectSeniors.Org @ProtectSeniors]

“There’s 400,000-plus retirees and their net worth has probably dropped to half in just the last three years alone,” said John MacMonagle, who retired from GE in 2013 after a 33-year career.

[Jordan E. Grice @JordanEGrice]

“‘If you have those you’re all set, don’t worry’ — that’s what GE used to tell you. Well, it’s all crashed. We got a lot to worry about.” https://t.co/mt59ts8Rpg via @connpost

[ProtectSeniors.Org @ProtectSeniors]

If insurance firms like Prudential and MetLife are not under a high degree of oversight, regulation and accountability, the retirees whose financial assets they manage are in danger.
https://t.co/W9w4eVrhxq

[ProtectSeniors.Org @ProtectSeniors]

"We really need to look at pension issues holistically," says ProtectSeniors counsel Eddie Stone. Check out this excerpt from his interview on @cheddar today, discussing #Sears retiree issues: https://t.co/VFa4O6gdoA

[Sarah Taddeo @sjtaddeo]

Are you a Xerox retiree? Check your mail - you probably got a letter discussing cuts to your company-sponsored health benefits. https://t.co/Kz9EbE3yQj via @DandC

[ProtectSeniors.Org @ProtectSeniors]

.@CMSGov announced Medicare Parts A and B premiums and deductibles for 2019. Find out what you can expect to pay by following the link: https://t.co/2SBYcDl0C4

[BellTel Retirees @BellTelRetirees]

The mainstream media is finally picking up on the "pension stripping" trend, but what about the impact of these transfers on pension plan holders?

[ProtectSeniors.Org @ProtectSeniors]

"If pensions are turned over to the [PBGC]...many pensioners will likely see their benefits reduced, said Eddie Stone, counsel for https://t.co/g7DENVTv7p and an expert in retiree issues. Anyone who has a life insurance benefit would lose it." #Sears
https://t.co/2i1b28Rq9D

[Social Security @SocialSecurity]

#BREAKING! More than 67 million Americans will get a 2.8% increase in monthly #SocialSecurity and #SSI benefits in 2019. Check #SocialSecurityMatters later this morning for more info: https://t.co/2nXUGoWKqM #COLA #2019COLA

[ProtectSeniors.Org @ProtectSeniors]

Concerned about the threats to retirees' earned pension and health benefits at the hands of greedy corporations and their armies of lobbyists? Listen to our https://t.co/MBpYm0devN leaders discuss how we're fighting for YOU on the state and federal level: https://t.co/9qIRMKWWnu

[ProtectSeniors.Org @ProtectSeniors]

Sobering news: "The rate of people 65 and older filing for bankruptcy is three times what it was in 1991, the study found, and the same group accounts for a far greater share of all filers."

[The New York Times @nytimes]

Vanishing pensions. Soaring medical expenses. Inadequate savings. The rate of older Americans filing for bankruptcy has tripled since 1991. https://t.co/UnfhymrwIS

[ProtectSeniors.Org @ProtectSeniors]

One of our state leaders in Massachusetts, Bill Braunlich, breaks down the threats facing retirees and their retirement benefits: https://t.co/757eQ7uqXY

[ProtectSeniors.Org @ProtectSeniors]

Another major myth: that annuities and pensions are basically one and the same. FALSE!!
When pensions get spun off into annuities, they lose all of their #ERISA law protections, including the financial safety net provided by the PBGC. Learn more here: https://t.co/iBWTjX9Wln https://t.co/gIYN7xmFs0

[Retirement Plaza @RetirementPlaza]

8 Myths About Annuities in Retirement - U.S. News & World Report https://t.co/VgxE6iUYmD

[ProtectSeniors.Org @ProtectSeniors]

Partisan differences aside, "older voters are not feeling secure about their own retirements." Interesting series from @POLITICOmag and @AARP https://t.co/mGXU5qVV1y

[ProtectSeniors.Org @ProtectSeniors]

If you have an annuity instead of a federally-protected pension, the state you retire in could also make a huge impact on the amount of your lifetime coverage limit, should the insurer managing your annuity fail. Your state guarantee association may also be seriously underfunded! https://t.co/Svvgktbkfe

[CBS News @CBSNews]

The best -- and worst -- states to retire https://t.co/TpUHeIUiqq

[New York Post @nypost]

People can’t afford to retire https://t.co/poMT4uWl0X