Contrary to what most people in this country probably believe, the Social Security Administration is extremely efficient, and, in fact, less than 1 percent of Social Security goes for administrative costs. The Senator cited some of the figures from the OWL report, which is an excellent document, about the disparities between men and women. I have seen the statistic that one-quarter of the retirees in America today don't receive any pension fund whatsoever. My experience in Minnesota would be that probably 80 or 90 percent of those are women, particularly older women who are widowed and often, with the older pensions, lose any benefit payments whatsoever once their husband dies. I wonder if the Senator from Michigan has had that same experience. Would the Senator say in Michigan that number applies?
Mark Dayton: “Contrary to what most people in this country probably believe, the Social Security Administration is extremely…”
Editor's note · Context
Discussing the efficiency of the Social Security Administration and pension disparities during a floor speech.
Share
More from Mark Dayton
Minnesota is a model for delivering quality health care and I applaud our doctors, nurses, hospitals, and health care professionals and policymakers for their partnership that works better than anywhere else.
I rise this morning first to commend the Secretary of State, Condoleezza Rice, for her efforts to negotiate a cease-fire between Israel and Hezbollah and to engage other countries in helping to make and keep peace there. I salute her for…
I am deeply honored because they come from the mouth of one of the greatest Senators in the history of this country. And whatever I have learned to apply with my understanding of the traditions of the Senate, the integrity of the Senate…
this legislation I am proud to cosponsor, along with my distinguished colleague from Mississippi, is called the Uniform Insurance Noncoverage Disclosure Act. I call it ``honesty is the best insurance policy act.'' It says very simply that…