Tuesday marked Equal Pay Day. The date symbolizes the day in the New Year that women have to work to match the income their male counterparts made in the previous year. Women are about 2/3 of minimum wage workers in this country, and more than half of women are the sole or an essential supporter of their families.
“Women are disproportionately dependent on Social Security – we work longer hours at less pay; we have less savings at the end of their working lives; we are more likely to work in jobs that don’t offer pensions or healthcare or even 401ks… so we rely on Social Security,” said Terry O’Neill, National Organization for Women President said.
Alliance members like Barbara Stone in Nevada can tell you what it means to earn less, sometimes half the wage that her male colleagues earned, and to live solely on income from Social Security. Ms. Stone raised 5 children on her own and contributed to Social Security throughout a long life of work which began at 13 years old. In light of recent proposals to cut Social Security or switch to the chained CPI COLA formula, Barbara Stone said, “We cannot let it happen.” Check out how the chained CPI translates to weeks of food lost to single elderly women: Leah Witherspoon, Chair of the Dallas chapter of the Texas Alliance, was profiled in a national article this week about the chained CPI. Read it here.