WHEREAS, the social security program in the United States of America is generally recognized as the most successful social insurance program of all time, because of its duration, since it has paid monthly benefits on time every month since January 1940; impact on the economy as about 45 million individuals receive benefits and the impact on lives, as about one-half of those 45 million would be living below the poverty level without the monthly benefits they have earned,

WHEREAS, Over 3 million citizens of the State of Florida receive a monthly social security retirement check and over 250 thousand citizens in the State of Florida receive a monthly disability check and over 300 thousand citizens in the State of Florida receive a monthly survivors check, many of whom are children with monthly payments of $2,238,012,000, and

WHEREAS, the program is solvent, according to current actuarial projections through the year 2038, and

WHEREAS, the program is not in a crisis but in need of minor adjustments to continue solvency,

NOW THEREFORE, BE IT RESOLVED, that the Tampa Bay Council 7006 proclaims our support for this program and wish to make others aware of its success by this resolution and wish to make known our opposition to putting the program at risk by placing trust funds in private investments.

Submitted by:
Tampa Bay LULAC Council 7006.

Approved this 9th day of June, 2001.

Rick Dovalina
LULAC National President