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Garden City Telegram in Garden City, Kansas

06 Aug 2012

Page 6

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Garden City Telegram August 6, 2012 Page 6 old newspaper archives

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Newspaper

Garden City Telegram

Location

Garden City, Kansas, United States of America

Date

Aug 06, 2012

Page

6

Aging baby boomers fuel home health care challenge

Taura Tate cares for a stroke and diabetes patient in Cleveland needing a home health aide. Aides face low pay, no benefits, and job insecurity while demographics push demand up as states shift seniors from nursing homes. Agencies warn of a coming struggle to recruit and retain workers as Medicaid and Medicare reimbursement pressures rise.

MENTIONED IN THIS ARTICLE

Cleveland Taura Tate Tate McDonald’s US Labor Department Kimberly Ingram Lancaster S.C Labor Department Ohio Wendy’s Jennifer Witten Imani Home Health Co David Tramontana Home Care Black Stone Cincinnati Crell Johnson Johnson Euclid
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Social Security shifts hurt future retirees’ benefits

The AP reports a historic shift in Social Security: today's retirees paid more in payroll taxes than they receive in benefits, a gap that grows for future generations. By 2033, Social Security’s trust funds run dry unless Congress acts, likely forcing higher taxes or lower benefits for future retirees. The change stems from low 1930s taxes and later reforms benefiting earlier generations, while middle and high earners see reduced benefits relative to taxes paid.

MENTIONED IN THIS ARTICLE

Washington Associated Press Andrew Biggs American Enterprise Institute The Urban Institute Social Security Administration Social Security Congress
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Cees Petes Ico Garden City Area New Garden City High School Henry Cho MTV Comedy Central Choindustries.com Chamber Office W. Fulton Baker W. Kansas Crazy House Gardencitychamber.com Garden City Larry Ana Kansas Kansas Economic Index National Federation of Independent Business
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