By Doug Cunningham 11/21/2010
The National Organization for Women President Terry O’Neill says because women are at a disadvantage when it comes to pensions, they will suffer more than men from any social security cuts.
O’Neill: “These proposals to cut social security really will push hundreds of thousands of women - middle-class women - into poverty.
Women are almost twice as likely as men not to have pensions in their retirement.
Why is that? Well, because they’re far more likely than men not to work in union jobs. And union jobs are very much jobs that provide pensions.”
The gender pay gap also adds up to disproportionate pain for women as they retire.
O’Neill : “Women are also far more likely than men to head into their retirement years without savings. When you work a lifetime with unequal pay you have a hard time socking away money for your own retirement.”
The Republican Party successfully filibustered the Equal Pay or Lilly Ledbetter Act last week. This is more bad news for American women workers.
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The National Organization for Women President Terry O’Neill says because women are at a disadvantage when it comes to pensions, they will suffer more than men from any social security cuts.
O’Neill: “These proposals to cut social security really will push hundreds of thousands of women - middle-class women - into poverty.
Women are almost twice as likely as men not to have pensions in their retirement.
Why is that? Well, because they’re far more likely than men not to work in union jobs. And union jobs are very much jobs that provide pensions.”
The gender pay gap also adds up to disproportionate pain for women as they retire.
O’Neill : “Women are also far more likely than men to head into their retirement years without savings. When you work a lifetime with unequal pay you have a hard time socking away money for your own retirement.”
The Republican Party successfully filibustered the Equal Pay or Lilly Ledbetter Act last week. This is more bad news for American women workers.
Rightardia feed: feeds.feedburner.com/blogspot/IGiu
Netcraft rank: 8515
http://toolbar.netcraft.com/site_report?url=http://rightardia.blogspot.com
