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Michigan lawmakers target predatory loan companies; NY jury hears tape of Trump and Cohen Discussing Hush-Money Deal; flood-impacted VT households rebuild for climate resilience; film documents environmental battle with Colorado oil, gas industry.

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President Biden defends dissent but says "order must prevail" on campus, former President Trump won't commit to accepting the 2024 election results and Nebraska lawmakers circumvent a ballot measure repealing private school vouchers.

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Bidding begins soon for Wyoming's elk antlers, Southeastern states gained population in the past year, small rural energy projects are losing out to bigger proposals, and a rural arts cooperative is filling the gap for schools in Pennsylvania and West Virginia.

Social Security Marks Another Anniversary

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Thursday, August 15, 2013   

SIOUX FALLS, S.D. - The Social Security Act was signed by President Franklin D. Roosevelt 78 years ago this week, and still provides benefits to retired and disabled people. According to Sarah Jennings, state director of AARP-South Dakota, the program is still financially sound and solid.

"Social Security right now, contrary to what you may hear in the news sometimes, is not in crisis," she declared. "Without doing a thing to Social Security, it can pay full benefits until the year 2033. And after 2033 it's not that the checks stop going out, but the checks would be diminished by about a third."

Jennings said retired South Dakotans have earned their benefits through a lifetime of work, and that Social Security is very important to everyone in the state.

"Well, there's about 153,000 people in South Dakota who get a Social Security check each month, and for those that are in retirement and getting that retirement benefit, the average benefit is about $1100, and for a lot of people that is their primary source of income."

Jennings said that when she talks to young people; she tries to reassure them that Social Security will still be a viable program well into the future. But, she added, that doesn't mean there should not be a serious debate about the program's future.

"We really believe we have to have a conversation about strengthening Social Security for current and future beneficiaries, and we should do that sooner rather than later, because anything that we do to strengthen the program is going to be easier to do than if we have to do it in a crisis situation."

Nationally, of December 2012, approximately 18.1 percent of the United States population received a monthly Social Security benefit of some type. About 19.1 percent in South Dakota receive benefits.



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