SOCIAL SECURITY LAW: Research Institute Finds 50% of Senior Arizonians Rely on Social Security
October 5, 2011
Phoenix- The American Association of Retired Persons (AARP) has released a study showing 50% percent of senior Arizonians rely solely on Social Security benefits as income, according to reports on Tuesday.
The AARP's Public Policy Institute disclosed its findings that more than 141,000 Arizonians who are 65 years and older have used 90 to 100% of their Social Security allowance to finance basic needs, reports said.
Reports said the AARP researchers commented that cutting the benefits of Social Security in Arizona will place half of the seniors population in poverty.
The AARP researchers recommended cutting fraud in Social Security and tax to salvage federal fund instead. The institute also raised a public signature campaign to persuade Pres. Barack Obama's supercommittee to retain allowance and Medicare of senior citizens.
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