Dear ProtectSeniors.Org Member and fellow retiree,
We want to thank you for your loyal support, as we continue the fight we began 10 years ago on your behalf. How can we put a price tag on that support, or know where we’d be without it?
Our goal since we began has been to lead the fight in state capitals, in the halls of Congress and at the federal regulatory level to help protect and maintain the retirement benefits you earned throughout your careers.
Ten years ago, we saw the threat looming and we jumped into action. Today, it is not surprising to hear on a weekly basis of fellow retirees’ pensions being reduced, lost, or cut off from the federal protections through spin offs and de-risking.
In the last 10 years, there has been an accelerating movement in corporate America to erode, eviscerate and undermine retirement benefits to increase profits on the backs of retirees. When we worked, we were told we were earning pensions and benefits as part of our compensation. In fact, most of us received annual notifications of what benefits we would get in retirement, and their imbedded value. They were safe and protected…or so we believed.
But then a rule quietly inserted into employee benefit plans – The Reservation of Rights clause – authorized companies to “amend, change or discontinue” benefits being earned by employees. Since then, it has become evident that retiree benefits are disappearing.
Do you believe it is fair for corporations to have the authority to make last minute changes to our pensions and healthcare that were earned over the last 40 years? It is as if the IRS raised taxes retroactively going back 20 years and reached into your pocket to claw back money you’ve rightfully earned! Do you think citizens would accept that quietly?
Now in our tenth year, ProtectSeniors.Org needs your support more than ever. We are working harder and doing more to protect our pensions and healthcare by drafting and passing state and federal legislation designed to roll back these efforts.
Without actively fighting the sustained campaign to cut and destroy retiree benefits, you lose what you have earned. We are professional volunteers (yes, the leaders of ProtectSeniors.Org are unpaid) and we have an extraordinary team of legal and lobbying experts fighting our fight. We are all dedicated to what is right.
More than anything else, we need your support to continue. BECOME A MEMBER TODAY AND JOIN OUR FIGHT!! You will be doing your part to make sure your benefits are protected.
Thank you. We appreciate that you took the time to read our appeal for help. Please respond positively. We cannot do it without you and your friends
Secretary & Treasurer