News

  • H R 4012 Seniors And Veterans Emergency Save Benefits Act

    The reserves held in the Social Security Trust Fund are special non-marketable bonds, or I.O.Us — money that the U.S. Treasury owes to the Social Security Trust Fund for revenues borrowed during years since the late 1980's when more payroll taxes were received than needed to pay benefits. "The federal government used those excess funds received in the past for other spending and replaced the funds with I.O.Us," Johnson explains. Since 2010 however, more has been paid out in benefits than revenues received. The reserves held by the Trust Fund are not actual cash revenues but bonds, so the funds that those I.O.U.s represent must be borrowed. Medicare benefits must also be provided for, which has led to major budget clashes in Congress in recent years. .As for job hunting tips, my book has a chapter called "Six Rules for Job Hunting." I discuss how to package yourself as the solution to an employer's problems, how to keep your skill set fresh and relevant, 21st Century networking techniques, and several other key strategies. .Congress has a number of options to pay for the higher benefits that drew strong support in our 2020 Senior Survey: … Continued

  • Tscl Grassroots Spotlight

    Insurers make major changes in their plans every year, like increasing premiums, co-pays, dropping coverage and even closing plans altogether. But according to a survey conducted by TSCL earlier this year, less than 18 percent of respondents said they switched their Part D or Medicare Advantage health plan for 201Medicare's annual Open Enrollment period starts earlier this year -- on October 15th -- and ends December 7th. Medicare beneficiaries should start the process now to find out what their choices are and how much they could save with a new Part D or Medicare Advantage plan. .Members of Congress remained in their home states and districts to continue the summer recess this week. They are expected to return to Capitol Hill on Tuesday, September 6th. In the meantime, most Members of Congress will be holding town hall meetings in their home states and districts, presenting constituents with excellent opportunities to have their most pressing questions answered. TSCL encourages its members and supporters to attend these events and to voice their concerns about important Social Security and Medicare issues like inadequate cost-of-living adjustments and skyrocketing prescription drug prices. .If signed into law, the Social Security Protection and Truth in Budgeting Act would amend the Social Security Act to ensure that receipts and disbursements of the Social Security Trust Funds are not included in a unified federal budget. It would also mandate that Trust Fund monies cannot be diverted to create private accounts. … Continued

League believes that tax reform is an opportunity to bring greater equity to the funding going into Social Security and to ensure that everyone pays fairly. .The overpayment amount that the Social Security Administration is claiming in your case may be due to several reasons. Here are some things that may affect you: .We have warned you before to be careful about scams when it comes to getting your coronavirus vaccination. Getting cheated out of money during a time of crisis like this is the last thing we want to happen to anyone. And even though the reports of scams have not been widespread, there have been some in various parts of the country. .On Wednesday, the Senate Finance Committee held a hearing to question Congressman Tom Price (GA-6), an orthopedic surgeon from Georgia who was nominated by President Trump to become the next Secretary of the Department of Health and Human Services (HHS). If confirmed, Congressman Price will lead the agency that has jurisdiction over Medicare, Medicaid, Social Security, and many other critical health programs. .President Delivers State of the Union Address .New TSCL Report: 4.8 Billion in Wages In SSA's Earnings Suspense File .To learn more about the WEP, download the Social Security Administration Publication No. 05-10045 here — https://www.ssa.gov/pubs/EN-05-10045.pdf. .This week, lawmakers in the House and Senate remained in their home states and districts for a week-long holiday recess. They are expected to return to Washington on Monday, June 3rd. .Downsizing doctor networks is one way that Medicare Advantage insurers are dealing with the sizable cuts. Some insurers have also begun to increase premiums and out-of-pocket costs that enrollees pay. Austin Pittman, President of UnitedHealth, told the Wall Street Journal: "It's no secret that we are under substantial funding pressure from the federal government … That's what's driving our actions."