Money

In recognition of the national celebration of April as "Financial Literacy Month," the members of the Pennsylvania Banking and Securities Commission are urging Pennsylvania senior citizens to exercise caution and seek information and advice from trusted sources when approached with unfamiliar, complicated investment opportunities.

This week AARP Pennsylvania volunteers and staff are meeting with nine members of the state’s Congressional delegation in their district offices, urging them to oppose $5.84 billion in cuts to our state’s Social Security COLA and veterans’ benefits that would occur if a measure known as Chained CPI is adopted. The office visits by AARP Pennsylvania volunteers follow weeks of letters, advertisements, petitions, a new Chained CPI Calculator, e-mails and phone calls asking Congress not to cut Social Security benefits and to have a separate conversation about Social Security’s future.

For more than 50 years, AARP has been committed to protecting Social Security benefits for the millions of Americans who have paid into the program through a lifetime of hard work.

AARP Pennsylvania today announced its opposition to a newly-approved state Public Utility Commission order that would force customers to pay higher rates for electricity by making default electricity service plans more volatile and costly.

In a speech delivered recently at the National Press Club, AARP CEO A. Barry Rand outlined AARP’s work to strengthen the 50+ middle class. Read a transcript of the speech.

AARP launched You’ve Earned a Say< http://www.earnedasay.org/> back in March, and PA residents have not been shy about entering the national conversation about how to protect Medicare and Social Security for today’s seniors and strengthen them for future generations. So far the You’ve Earned a Say has engaged over 3 million people nationwide.