Patrick Moynihan: “If you think of the prospect of retirement benefits, and that is real…”

On the recordMarch 18, 1998

If you think of the prospect of retirement benefits, and that is real, but something that is not always recognized--I know the Senator understands it--only 62 percent of the beneficiaries of Social Security at this moment are retirees. The rest are survivors or persons who have been disabled, and that can be someone 24 years old or 35 years old. This is a system that is not just devoted to the elderly. Keeping it is essential, and we can do it. I cannot tell you how much I am honored by you associating yourself with this proposal.

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Patrick Moynihan

Illinois

Source

govinfo.gov

Editor's note · Context

Discussing the importance of Social Security and its beneficiaries.

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Patrick Moynihan: “If you think of the prospect of retirement benefits, and that is real, but something that is not always recognized--I…”

Editor's note · Context