News

  • Legislative Update For Week Ending June 7 2019

    He gradually gained backing from more of his fellow Republicans in the Senate, often persuading them one-by-one to make shows of support since last summer. Democrats in the Senate were essential to getting the legislation even out of the Finance Committee, which approved it with the support of 13 Democrats and six Republicans in July 2019. .What you can do? Tell others! Describe what you are doing to manage your Medicare costs on a Social Security budget. Send your story to your Members of Congress, to the editor of your local newspaper, and to TSCL! .2014 Annual Survey of Senior Costs, Mary Johnson, The Senior Citizens League, March 2014. … Continued

  • Legislative Update Week Ending September 9 2016

    Education and Communication (college tuition, postage, telephone services, computer software and accessories); .In the latest issue of Best Ways to Save, retirees, and those nearing retirement learn: .The Consumer Price Index for Elderly Consumers (CPI-E) Act — Congressman John Garamendi (CA-3) introduced the bipartisan CPI-E Act in the 115th Congress, and in TSCL's December meeting with his office, he committed to re-introducing the bill once again in 201If adopted, his bill would enhance Social Security benefits by basing cost-of-living adjustments (COLAs) on an inflation index specifically for seniors. Under current law, COLAs are based on the way young, urban workers spend their money. … Continued

But it's no "small change," warns The Senior Citizens League (TSCL), one of the nation's largest nonpartisan seniors groups. In fact, it could reduce lifetime Social Security benefits by tens of thousands of dollars over a retirement. .Both Senate Leader McConnell and President Trump have said they are in no rush to pass another virus-related aid bill, but the Democrats believe it is necessary to get relief out to individuals and businesses as soon as possible. ."UnitedHealth Culls Doctors from Medicare Advantage Plans," Melinda Beck, Wall Street Journal, November 16, 2013. .The Inspector General's Office recently surveyed 4 field Social Security field offices along the border with Mexico in California and Texas. Each office provided services to about 1,000 such beneficiaries every month. Personnel say the number is increasing for three reasons: .Budget Moves Through Committee .Scrapping the Social Security payroll tax cap on the taxable wages would not only provide enough revenues to make the program solvent for another 50 years, but would also pay for a more fair and accurate cost-of-living adjustment (COLA) for current retirees. For example, say a CEO of a company receives million in compensation. That individual and the employer each pays 6.2% Social Security taxes on the first 8,500 in wages. Social Security receives a total of ,69But if the entire million were taxed, Social Security would receive 8,000 instead. .But not all beneficiaries will come out ahead. Some treatments have little or no competition, and patients needing those drugs might not see any extra savings. And for people who don't take pricey drugs, monthly Part D costs are likely to rise because premiums are expected to go up when insurers won't be able to keep rebates to improve bottom lines. .In 1983 government economists changed the way housing costs were measured in the CPI. Housing represents almost 50% of the expenditures of people age 65 and older, and thus changes to that expenditure category tend to have a big impact. Rather than basing housing costs on some measure of home prices, after 1983 the Bureau of Labor Statistics estimated costs "based on what homeowners theoretically would pay to themselves in order to rent their own homes from themselves. The BLS then estimates how much homeowners raise the rent on themselves each month," according to Williams. .With 1.2 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors' groups. Its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. The Senior Citizens League is a proud affiliate of The Retired Enlisted Association. Visit for more information.