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CHICANO - Chi·ca·no Pronunciation
Pronunciation: \chi-'kä-(?)no also shi-\
Inflected Form(s): plural Chi·ca·nos
Etymology: Mexican Spanish, alteration of Spanish mexicano
: an American and especially a man or boy of Mexican descent
— Chicano adjective
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Social Security, which provides retirement income to millions of elderly Americans, is largely stable – at least for now – thanks in part to the more than 3.1 million people who are working and paying taxes in the U.S. using fake or expired social security numbers. Every year, undocumented immigrants have collectively paid as much as $13 billion into the system while only receiving $1 billion in benefits in return.
The contributions are starting to add up. In total, undocumented workers have contributed more than $100 billion over the last decade while living in the shadows, says Stephen Goss, chief actuary of the Social Security Administration (SSA).
“You could say legitimately that had we not received the contributions that we have had in the past from undocumented immigrants … that would of course diminish our ability to be paying benefits for as long as we now can,” Goss told msnbc.
In 2010, the agency estimated that as many as 2.7 million undocumented immigrants have social security numbers on the books – and are earning credit to their names for potential benefits in the future if ever granted legal status – either because they have temporary authorization to work, have overstayed their visa or obtained work by using fraudulent documents. Another 3.9 million other immigrants are estimated to be working in the U.S. but in the underground economy.
Since the 9/11 terror atacks, Goss says the SSA has cracked down on fake IDs, which were often obtained in the mid-1980s through fraudulent birth certificates. But there remains a significant amount of money contributed to the Social Security system by undocumented workers that continues to go unclaimed.
Those contributions are crucial as more and more of America’s baby boom generation reaches retirement age. The Social Security Trust Fund released its annual report last month finding that there are major causes for concern for the program down the road. Unless Congress reforms the system, the retirement trust funds will be depleted by 2033 and the revenue coming in will only be able to cover 77% of benefits.
One of the solutions proposed to offset the diminishing funds has been comprehensive immigration reform. In a study commissioned by Florida Sen. Marco Rubio, a Republican member of the Senate’s Gang of Eight architects for immigration reform, found that the legislation would have boosted GDP by 1.63% and created more than 3 million jobs.
LULAC - League of United Latin American Citizens
To advance the economic condition, educational attainment, political influence, health and civil rights of the Hispanic population of the United States.
The American Diabetes Association
The American Diabetes Association is the nation's leading 501(C)3 nonprofit health organization providing diabetes research, information and advocacy. Founded in 1940, the American Diabetes Association conducts programs in all 50 states and the District of Columbia, reaching hundreds of communities.