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Can Social Security Survive and Thrive? An AARP Texas-sponsored Discussion June 5 in San Antonio

Social Security

More than one in seven Texas residents – over 4.5 million people – receive Social Security benefits. These Texans work hard for their money. So it’s only fair that they get everything they earned.

Extensive survey and polling research demonstrates that a strong majority of Americans believe Social Security is an important program they view favorably, and opposes reductions in funding that would reduce benefits. Moreover, close to 9 out 10 believe Congress should work immediately to ensure full benefits for current and future beneficiaries.

AARP Texas is encouraging a conversation about solutions to protect Social Security for future generations.

On Wednesday, June 5, AARP Texas will host an expert panel that will discuss “Can Social Security Survive and Thrive?” and will touch on demographic impacts, policy and possible solvency solutions.

The Wednesday, June 5, event in San Antonio is free and open to the public.

  • There will be free food and free parking.
  • Doors open at 11 a.m. and the event begins at 11:30 a.m.
  • Where: Stable Hall, 307 Pearl Parkway, San Antonio

Click here to RSVP now to save your seat.

You don’t want to miss this conversation. KSAT-TV Anchor Stephania Jimenez will lead a conversation with the experts: Dennis W. Jansen, director of the Private Enterprise Research Center; Marisa Bono, CEO of Every Texan, and Rogelio Saenz, a University of Texas at San Antonio professor.
The trust funds from which Social Security benefits are paid are projected to run short of money by 2035.

While that does not mean Social Security will no longer be around; it means the system will exhaust its cash reserves and will able to pay out only what it takes in year-to-year in Social Security taxes. If this comes to pass, Social Security would be able to pay about four-fifths of the benefits that retired and disabled workers have earned.

To avoid any shortfall, Congress must take action over the next decade to address Social Security’s finances – for example, by cutting benefits, raising taxes, redirecting other government revenue into the program or crafting some combination of the above.

AARP has many resources to help you understand the program, including a Social Security Resource Center and there are many myths to debunk about the program.

Learn more by registering to attend in-person the Wednesday, June 5, FREE event in San Antonio.

Click here to RSVP now to save your seat.

About AARP Texas
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