Illinois SR 39: MEMORIAL - KEVIN IRVING

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SR0039LRB104 10015 ECR 20086 r

1SENATE RESOLUTION

2 WHEREAS, Social Security is a vital program that provides 

3economic security for millions of American workers and 

4families, ensuring that those who have contributed to the 

5system are supported in their retirement years; and

6 WHEREAS, Social Security serves as a critical source of 

7income for approximately 70 million beneficiaries, including 

8retirees, disabled individuals, and surviving family members, 

9many of whom rely on these benefits to meet their basic living 

10expenses; and

11 WHEREAS, The average life expectancy in the U.S., while 

12having improved over the past century, varies significantly 

13across different income groups, with lower-income individuals, 

14workers in physically demanding jobs, and certain minority 

15groups facing shorter lifespans; and

16 WHEREAS, Raising the Social Security age would reduce the 

17overall pool of retirees who would no longer be able to fully 

18participate in the economy, which would have negative 

19consequences on consumer spending, one of the key drivers of 

20economic growth; and

21 WHEREAS, Retirees who rely on Social Security benefits 

SR0039- 2 -LRB104 10015 ECR 20086 r

1often contribute significantly to local economies by spending 

2their benefits on necessities such as housing, healthcare, 

3food, and transportation, thus stimulating demand for goods 

4and services, which in turn supports jobs and local 

5businesses; and

6 WHEREAS, Research has shown that delaying retirement or 

7working past a certain age is not always feasible for older 

8workers, especially in sectors requiring physical labor, 

9leading to potential increases in unemployment or 

10underemployment for older American