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Forget rhetoric, Californians want dignity

One of the biggest implications for a massive crisisand a possible focal point for overhaulis in California, where a new study finds nearly half of workers who retire at age 65 will be at or near poverty level (i.e. $22,322 per year).

By Jenny Ivy | Updated on October 05, 2011

A day before presidential hopeful Mitt Romney took his ”save Social Security” pledge to retirees in Florida, California labor experts floated a disturbing report.

One of the biggest implications for a massive crisis—and a possible focal point for overhaul—is in California, where a new study finds nearly half of workers who retire at age 65 will be at or near poverty level (i.e. $22,322 per year).

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