Webinar Looks at Impact of Social Security Reform on Communities of Color, including American Indians

February 6, 2012

IA2 Executive Director Dave Baldridge participated in a Social Security Reform webinar sponsored by the Insight Center for Community Economic Development on Jan. 31. Baldridge is also a member of the Commission to Modernize Social Security.

Although Social Security was originally created as one leg of a “three-legged stool” for retirement support, along with private pensions and personal savings, Baldridge said, Native Americans are left with “a one-legged stool.”

Baldridge presented the following facts about the American Indian/Alaskan Native population:

  • More than 23% of AI/ANs lived in poverty in 2009.
  • 20% of AI/AN elderly married couples and 49% of Ai/AN elderly unmarried persons rely on Social Security for 90% or more of their income.
  • 31.5 percent of AlAN Social Security Disability Insurance (SSDI) recipients depend on SSDI for 90% or more of their income, and another 16% depend on it for 75-89% of their income.

A video of the webinar, “Why Communities of Color Should Care: About Social Security Reform,” is online at http://insightcced.org/ssresources.html

Meanwhile, Paul Kleyman with new America Media produced an article, “Ethnic Experts Call for Strengthening — Not Cutting — Social Security,” based on the webinar. Go to:

http://news.newamericamedia.org/news/view_article.html?article_id=48d2cc907f9c84d0f2d80219874551b9