• Benefit Bulletin March 2014

    Offsets Complicate SGR Talks .A new healthcare cost survey conducted in October 2011 by The Senior Citizens League (TSCL) — one of the nation's largest nonpartisan seniors groups — found that the majority of seniors spent a very significant portion of their Social Security benefits in order to pay for healthcare. The survey asked for information about the out-of-pocket costs that respondents paid in the first six months of 2011, and for comments about how they were managing after two years of receiving no annual cost-of-living adjustment (COLA). .Sources: "Under New Cost-Cutting Medicare Rule, Same Surgery, Same Place, Different Bill," Susan Jaffe, Kaiser Health News, March 23, 2021. … Continued

  • Legislative Update Week Ending November 2 2018

    TSCL Gears Up For Busy New Year .This week, The Senior Citizens League released its final estimate for the 2019 Social Security cost-of-living adjustment (COLA), and four key bills gained support in Congress. ."The loss of a job not only means the loss of income, but it also can mean the loss of healthcare benefits, and both employee and employer contributions to retirement accounts," Johnson notes. Depending on how long older workers remain out work, a growing number may turn to Social Security and file claims for benefits earlier than originally planned. That can mean permanently reduced benefits for people who haven't reached their full retirement age. … Continued

For progress updates or for more information about these and other bills that would strengthen the Social Security and Medicare programs, visit the Bill Tracking section of our website or follow TSCL on Twitter. .Due to record-low growth in health care costs, the board hasn't been triggered to begin making recommendations to Congress yet, and it currently has no appointed members. Nonetheless, many lawmakers feel that such critical policy-making decisions should be left solely in the hands of elected representatives, and they hope to repeal it long before it is needed. .Additionally, in less than two years, the Social Security Disability Insurance trust fund will become insolvent, and approximately 11 million beneficiaries will be faced with a 20 percent cut in monthly benefits. Many lawmakers are hoping to divert funds from the retirement trust fund in order to address the funding shortfall, but according to our recent survey results, less than 1 percent of seniors support this method. Instead, TSCL will be advocating for policy solutions that would tighten the eligibility requirements for the Disability Insurance program and ramp up efforts to fight fraud, waste, and abuse. .Some Seniors to Pay More for Drugs Under New Rule .Did you wind up owing federal income tax last year or this tax season due to the effects of the Making Work Pay Tax Credit? TSCL is concerned that senior taxpayers were disproportionately affected by implementation problems of the Making Work Pay Tax Credit, and is conducting an online to survey to learn how they were affected. ."Turning our backs on trading partners during a crisis could damage our relationships long after this pandemic ends," the Pharmaceutical Research and Manufacturers of America (PhARMA) and dozens of other business and trade groups wrote in a letter to the administration. .These success stories would not have been possible without the support from tens of thousands of advocates like you who are banding together with TSCL to protect Social Security and Medicare. Once again, TSCL's legislative team has big goals this year. Since the Social Security Administration (SSA) announced seniors would not receive a benefit increase in 2016, we have been advocating tirelessly for an emergency cost-of-living adjustment (COLA) for Social Security beneficiaries. Two bills that are now before Congress – the Seniors Deserve a Raise Act (H.R. 3761) and the SAVE Benefits Act (S. 2251, H.R. 4012) – would provide benefit increases of 2.9 percent and 3.9 percent, respectively. In the months ahead we will continue to encourage lawmakers to sign these bills into law because retired and disabled Americans need relief this year. .Alzheimers and some Potentially Good News .One of the programs President Biden supported during his campaign for