News
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Will 2013 Be A Year Of Crisis
Single — your annual income is less than ,090 (,507.50 per month) and resources less than ,820 per year. .The age at which you start receiving full Social Security benefits varies depending upon the year you were born. For people like you who turn 66 in 2021, your full retirement age is 66 and two months. For more retirement planning information visit www.SocialSecurity.gov. .TSCL strongly supports passage of the waiver legislation because of the potentially severe negative consequences they would eventually have on Medicare patients. … Continued
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Weekly Update For Week Ending October 3 2020
For more information, visit the website of the National Academy of Social Insurance at www.NASI.org and download a copy of "When Should I Take Social Security Benefits? ". Or watch a video "It Pays To Wait". .The Social Security 2100 Act — In the 115th Congress, Congressman John Larson's (CT-1) Social Security 2100 Act gained the support of more than 170 cosponsors, but unfortunately it was not brought to the House floor for a vote. In TSCL's December meeting with Congressman Larson's staff, he agreed to re-introduce the bill at the start of the 116th Congress, and to convene several hearings on the bill as the new Chairman of the House Ways and Means Social Security Subcommittee in the 116th TSCL is confident that the bill will be advanced by the House of Representatives by the end of this year. .Members of the House and Senate remained in their home states and districts this week as the August recess continued. They are expected to return to Capitol Hill on Monday, September 9th. Until then, many Members of Congress will attend local events and hold town hall meetings. The Senior Citizens League (TSCL) urges its members and supporters to attend town halls in the coming weeks, since they are an excellent opportunity for constituents to voice their concerns and have their most pressing questions answered. … Continued
On Thursday, a group of four Senators – Rand Paul (KY), Mike Lee (UT), Lindsey Graham (SC), and Jim DeMint (SC) – unveiled a major new plan to transition Medicare enrollees into the same health care program offered to employees of the federal government, including Members of Congress. According to the group, the plan will "provide Medicare patients with the best health care in America and will forever protect seniors' interests by aligning them with self-interested politicians." .A Census Bureau poll of how households are handling their medical needs during Covid-related closures and stay-at-home orders found that millions are going without care. In the last four weeks to June 9 an estimated 87.7 million people across the nation delayed getting care, while nearly 71 million needed it for something unrelated to Covid-19, but did not get it, .The Senior Citizens League has prepared a new fact sheet to help the public better understand how immigration changes by executive action may affect Social Security and Medicare. Get it here. .This Part B premium cost - shifting includes shifting those higher costs to state Medicaid budgets that pay the Part B premiums for low-income Medicare beneficiaries — which account for about 19 percent of all Medicare recipients. If this would occur in 2021, this would add yet another fiscal shock to state budgets that are already strained beyond anticipated budgets due to the coronavirus pandemic. .Lawmakers Advance Short-Term Funding Measure .Fraud is so prevalent that prevention is only part of the solution. One in 20 seniors in the U.S. is a target of fraud schemes. Yet, the National Adult Protective Services Association has found that only one in 44 seniors report that they are victims of a fraud scheme, suggesting seniors lack information on how to file a complaint. .We've also reported on an analysis by the Social Security Administration about the effect of the President's directive on the viability of Social Security. That report said in part, the " DI [Disability Insurance] Trust Fund asset reserves would become permanently depleted in about the middle of calendar year 2021, with no ability to pay DI benefits thereafter. We estimate that OASI[Old Age and Survivors' Insurance] Trust Fund reserves would become permanently depleted by the middle of calendar year 2023, with no ability to pay OASI benefits thereafter." .In the weeks ahead, The Senior Citizens League will continue to advocate for the passage of H.R. 508, and we hope to see it signed into law by the end of the 115th Congress. For more information about the Seniors Have Eyes, Ears, and Teeth Act, visit the Bill Tracking section of our website. .Both bills are now awaiting the signature of President Donald Trump. He is expected to sign them into law in the very near future. The Senior Citizens League is pleased that lawmakers successfully advanced legislation that will protect the American public from "gag clauses" that result in higher out-of-pocket costs at pharmacies.
