HONOLULU (HawaiiNewsNow) - Senior citizens are closely tracking possible Legislative changes that could affect their retirement. Saturday morning, nearly three hundred people attended a free event sponsored by AARP Hawaii.
The Retirement Security Summit featured presentations on potential threats to pensions and retiree benefits, as well as efforts to strengthen social security.
The state director of AARP, Barbara Kim Stanton, says "We are worried about Medicare, and we're looking at all the changes happening in Congress right now, and it is scary. It is scary to us to see that Congress could even contemplate taking away some of the benefits for the seniors."
Other topics covered at Saturday's session included minimizing investment risk, and tips to avoid becoming a victim of fraud.
According to the organization, most residents age 50 and older, will work longer if the economy doesn't improve.