ProtectSeniors.Org

ProtectSeniors.Org is a Washington, D.C. based lobbying group founded in 2006 to advocate for older Americans. ProtectSeniors.Org is dedicated to the interests of corporate retirees in the United States. The group represents 14.3 million retirees from 392 companies, 45 labor union locals, 98 municipal, state and federal retiree groups and 16 associations.

The organization has concerns that employers are legally allowed to retroactively change retirement agreements despite those former employees accepting these agreements in lieu of higher salaries or hourly wages, and less vacation time.

ProtectSeniors.Org lobbies for retiree-friendly legislation, specifically the Earned Retiree Healthcare Benefits Protection Act (H. R. 1322).

H.R. 1322 would amend the Employee Retirement Income Security Act of 1974 (ERISA) requiring sponsors of group health plans to restore health benefits previously taken away from plan participants to the extent such benefits were cancelled or altered after their retirement.

Among notable events the organization has led, in September 2006, ProtectSeniors.Org coordinated a 2,000 mile mobile billboard caravan in support of the act that traveled through seven states and the District of Columbia.

Portions of H.R. 1322 were included in early versions of 2010's National Healthcare Reform, but were subsequently removed leaving American retirees unprotected under the Patient Protection and Affordable Care Act, passed on March 17, 2010. The new healthcare law actually gives companies an incentive to discontinue certain retiree benefits because a tax provision in the law no longer allows companies to deduct subsidies for healthcare coverage from their balance sheets.

ProtectSeniors.Org was founded by Verizon retiree members of the Association of BellTel Retirees.

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This article is issued from Wikipedia - version of the Thursday, January 30, 2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.