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New York Alliance for Retired Americans WNY Chapter of NYSARA
NEW YORK STATE ALLIANCE FOR RETIRED AMERICANS
Stephen Muscarella, President
NYS PEF Retirees
Email: sjmuskie@roadrunner.com

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With More Than 500,000 Retired Union Members Living Across New York State Today, Including More Than 100,000 Right Here in Western New York, WNYLaborToday.com is Proud to be Working With the Representatives of the Western New York Chapter of the New York State Alliance For Retired Americans (NYSARA) in Order to Provide Union Retirees With a Variety of Labor News and Information They Need and Just Won’t Find Anywhere Else.

The Western New York Chapter of the New York Alliance For Retired Americans Serves as the Base for Providing Union Retirees a Voice that Can Be Heard.

Stephen Muscarella is NYSARA’s President Here in Western New York and Also Serves as President of the New York State Public Employees Federation (PEF).

For More Information on the Western New York Chapter of the New York State Alliance For Retired Americans and How You Can Get Involved, Contact Stephen Muscarella Directly Via E-Mail at sjmuskie@roadrunner.com.

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Union Retiree News From The Alliance For Retired Americans: U.S. Income Inequality Reaches Highest Level Since 1928

Also: Affordable Care Act Will Be A Boon For Early Retirees & Far-Right House Republicans Continue To Threaten Government Shutdown

Published Wednesday, September 18, 2013 9:00 am
by Alliance For Retired Americans

U.S. Income Inequality Reaches Highest Level Since 1928

A New Economic Study Reveals Income Inequality Between the Wealthiest Americans and the Rest of the Population Continues to Increase.  According to an Analysis of IRS Figures Dating to 1913 by Economists at the University of California, Berkeley, the Paris School of Economics and Oxford University, the Richest 1% Earned 19.3% of All Household Income in 2012 and the Richest 10% Earned 48.2%.  The Incomes of the Richest 1% Also Rose by 20% Last Year, while the Remaining 99% Experienced only a 1% Increase.  Since the Economic Recovery began in 2009, over 95% of All Income Gains Have Gone to the Top 1%, while Ordinary Americans have Seen Their Incomes Stagnate.  For more, see the CBS Article at http://tinyurl.com/ovsp3zn and the Study at http://tinyurl.com/o7zo3mm.  “With So Much of the Country’s Wealth Concentrated in the Hands of a Small Number of Wealthy Individuals, it’s Harder than Ever for Ordinary Americans to Save for Retirement,” Alliance For Retired Americans Executive Director Edward Coyle said. “Yet House Budget Committee Chairman Paul Ryan and his Allies Continue to Insist that We Need to Further Cut Taxes for the Rich, while Slashing Social Security, Medicare and Medicaid Benefits.  They are ‘Flat-Out Wrong.’  It’s Time for the Wealthiest Americans to Contribute their Fair Share to Ensure a Secure Retirement for All.”

 

Affordable Care Act Will Be A Boon For Early Retirees

The Affordable Care Act’s Insurance Exchanges, Set to Open this October, are Expected to Make Health Insurance Less Costly and Easier to Obtain for Early Retirees.  Currently, Many Americans who Retire before 65 and are No Longer Insured Through their Employers Find It Extremely Difficult to Obtain Health Insurance.  Many Insurers Charge Higher Premiums or Even Refuse Coverage, Based on Age or Pre-Existing Conditions that are Common Among Older Americans.  Under the Affordable Care Act, it will be Illegal for Insurers to Charge Higher Premiums Based on Pre-Existing Conditions, and there will be a Cap on How Much Premiums Can Rise Based on Age.  Additionally, Low-Income Individuals will Receive Subsidies to Help Purchase Insurance.  To learn more, read a New York Times Article at: http://tinyurl.com/owoee93.  “It is Not Always Possible to Delay Retirement until Sixty-Five, Particularly for those Americans who Work at Physically Demanding Jobs,” Alliance for Retired Americans President Barbara Easterling said. “Unfortunately, Many Early Retirees are Forced to Spend Years Uninsured, Since They Are Not Yet Eligible for Medicare.  The Affordable Care Act will Greatly Improve these People’s Lives by Making it Possible for them to Purchase Reasonably-Priced Health Insurance.”


Far-Right House Republicans Continue To Threaten Government Shutdown

Last Week, the Republican House of Representatives Leadership Delayed a Planned Vote on a Bill to Fund the Government after a Group of Far-Right House Republicans Rebelled Against the Plan.  To Force a Senate Vote on Defunding the Affordable Care Act (ACA), the Plan would have Included a Vote on a Separate Bill to Defund the Program.  However, the Senate would have been Able to Vote Down the Defunding Bill and Pass the Bill to Fund the Government.  The Breakaway Group of Republicans Insists that they would Rather Force a Government Shutdown than Vote for Any Legislation that would Fund the Government while Leaving the ACA Intact.  The Vote was Postponed until sometime this week.  If No Funding Bill is Passed, the Government will Shut Down on October 1st.  “In Such a Rapidly-Changing Situation, We Must Keep a Watchful Eye for Any Threats Not Just to the Affordable Care Act, but also to Social Security, Medicare and Medicaid,” Alliance for Retired Americans Secretary-Treasurer Ruben Burks said. “President Obama Must Maintain His Resolve Not to Negotiate with this Group of Irresponsible Extremists.”

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