News
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2021 Retirement Survey
What are the Notch Reform bills that are in the current Congress? .Medicare Reform – Protect beneficiaries from changes that would impose greater out-of-pocket costs on beneficiaries. .Obama Urges Lawmakers in the State of the Union Address … Continued
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Legislative Update For Week Ending April 15 2016
Johnson says that the federal government is looking at the wrong market basket to determine the annual change in prices in the goods and services used by retired and disabled Americans. According to Johnson, had the government used a more appropriate inflation index that measures costs experienced by people age 62 and older, the Consumer Price Index for the Elderly (CPI-E), retirees would get a COLA of 2.1 percent instead of 0.3 percent in 201"But instead, the COLA is based on the increased price of goods normally purchased by younger working adults," she notes. .However, support in the House has gone to two bills of the bills, both of which moved forward this week: HR 5826, sponsored by Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee; and HR 5800, sponsored by Rep. Bobby Scott (D-VA), Chairman of the House Education and Labor Committee. While they each deal with the same issue the way they try to solve it is different. .Here are some examples of scams being tried. … Continued
This week, the Senate's Gang of Eight was busy defending its comprehensive immigration reform plan, and The Senior Citizens League (TSCL) saw two key bills gain support. .Congressman Larson's bill would comprehensively reform the Social Security program by enhancing benefits and improving the solvency of the Trust Funds for decades to come. He said at Wednesday's hearing: "The Social Security 2100 Act will expand and enhance Social Security, making the program financially stable through this century and beyond. It is the only legislative proposal that expands benefits, is fully paid for, and achieves sustainable solvency as determined by the Chief Actuary of the Social Security Administration." .The responsibility is on you to notify the SSA of your age, and file an application for retirement benefits based on your own earnings, if higher. As you continue working past age 66, the retirement benefit you receive based on your own earnings continues to grow. That retirement credit is only applied until age 70; however, there's no additional increase thereafter, so put in your claim now. .It is bad enough that non-medical professionals are involved in criminal activity like this but for a doctor to be part of it is outrageous. .For information about town hall meetings near you in the final days of the week-long recess, call the local offices of your elected officials. You can find contact information for your Members of Congress right here. .I would like to know how, at this point, you project a Social Security COLA at 6.1%. Inflation would have to continue on an upward path through September for that to happen. — R.Q., NJ .In short, there are two main obstacles to the "Pelosi" bill to lower drug prices: overcoming objections from House Democratic progressives and getting through the Republican opposition in the Senate. .This week, four new cosponsors signed on to Rep. Schwartz's (PA-13) Medicare Physician Payment Innovation Act (H.R. 5707), bringing the total up to eighteen. The new cosponsors are: Reps. Ed Perlmutter (CO-7), Gerald Connolly (VA-11), Mazie Hirono (HI-2), and Paul Tonko (NY-21). .While you may hear a lot of shouting about the payroll tax cut over the next few months, don't let it distract you from the real threat to Social Security – namely, radical plans to convert Social Security from the current guaranteed retirement benefit for everyone to a risky gamble on Wall Street that would benefit only a select few at best.
