Everyday Hero's foundation
gives students a boost
Retired math teacher Joe Satriano started a foundation in memory of his wife, Susan, who died from breast cancer in 2006. Each year since, Satriano’s foundation has given scholarships to deserving high school students. To date, the foundation has awarded $130,000 in scholarships.
Read about Joe Satriano and his foundation
Take a peek at all our Everyday Heroes
Former Wall Street Journal reporter Ellen Schultz details how the erosion of private sector pensions didn't "just happen." It is the result of a deliberate transfer of wealth from workers to corporate executives and shareholders —a “pension heist,” to borrow the title of Schultz's new book.
Read an excerpt reprinted in The Clarion
'Right to work' is wrong for everyone
"Right to work" has a nice feel-good ring, but that obscures what it means in practice.The basic thing to realize is that right to work is not about worker freedom, competitive business climates, fairness or any other lofty claims. It is really about limiting workers' collective voices and driving down wages; in other words, it ultimately hurts the middle class.
Read more at AFT.org
Check out American Rights at Work for more information
If the Supreme Court overturns
health reform, retirees will pay
Retirees may pay more for medical care if the U.S. Supreme Court overturns the 2010 healthcare overhaul, according to the Alliance for Retired Americans.
Passage of the health law saved money for seniors, who gained additional coverage for prescription drugs and free preventive care, among other benefits. Should the court overturn the law, the typical senior citizen may have to pay about $20,000 more for medical care throughout the remainder of their lives.
Read the full story at Business Week
What went wrong with the 401(k)?
It was supposed to be a supplement to Social Security and private pension plans, not the main event. Learn why the turn away from traditional pensions puts workers at risk in this month's Your Money.
Former senator goes after California seniors
Former U.S. Sen. Alan Simpson apparently didn't appreciate what the California Alliance for Retired Americans had to say about the National Commission on Fiscal Responsibility and Reform's proposals on Social Security. Simpson, who is the commission's co-chair, sent a letter filled with bad language to the alliance in response to a flier it sent out criticizing the commission for proposed cuts to Social Security as one way to deal with the nation’s long-term deficit.
Politico has the story
Check out the alliance flier