Equal Pay is good for women & good for Social Security
Women remain at a disadvantage when it comes to receiving equal pay for equal work. This was absurd in the 1960’s, and is beyond absurd in 2014. This inequity puts women behind on earnings for their whole careers—and since Social Security benefits reflect one’s earnings, it means that women fall behind there, too. This isn’t fair, and it’s time to address this disparity at its root—by closing the gender pay gap.
The Paycheck Fairness Act, sponsored by Congresswoman Rosa DeLauro (D-CT) and Senator Barbara Mikulski (D-MD) closes loopholes in the 51-year-old Equal Pay Act and strengthens protections for women who believe they are being discriminated against. A truly equal workforce would also strengthen Social Security’s finances, since most of the additional income would be subject to FICA contributions. Some studies suggest that equal pay for equal work would reduce Social Security’s projected long-term shortfall by one-third!
Tell Congress that the Paycheck Fairness Act is good for women, good for Social Security and good for America!