Last year, our advocacy was aided by an outstanding series of articles in Crain’s Chicago Business that looked at the issue from a variety of perspectives.
community investment awards
At our Community Investment Awards & Film Screening event on May 9, we will be showing “Fleeced: Speaking Out Against Senior Financial Abuse,” a short film produced by the National Community Reinvestment Coalition (NCRC) and WFYI. The film tells the stories of older Americans and their families whose lives were upended by financial abuse and what they have done to fight back.
A 2012 Woodstock report found that more than half of private-sector workers in Illinois—over 2.5 million—lack access to an employment-based retirement savings plan. Without individual savings, many retirees who rely solely on Social Security benefits will face the prospect of retiring into poverty.