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Notch Bulletin How Can I Learn About The Lump Sum Notch Legislation
TSCL Presents 2012 Seniors Advocate Award .It remains to be seen how long the impasse will last, and whether or not Congressional leaders will lend their support to the bipartisan group's plan. Currently, no clear end to the shutdown is in sight. The Senate will remain in session over the weekend, and Members of the House have been told to stay in Washington for possible votes. The government shutdown should not have any effect on the daily lives of seniors, but TSCL will closely monitor the discussions for any developments, and we will continue to post updates here in the Legislative News section of our website. .In the meantime, the chairman of the influential Senate Finance Committee Chuck Grassley (R-Iowa) will re-introduce a drug pricing package (S. 2543) he assembled with the ranking member of his committee, Ron Wyden (D-Ore.), and soon call on Senate leaders to allow debate on the measure, a Grassley spokesman announced last week. … Continued
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Legislative Update For Week Ending April 29 2016
Recommended reading: "Get What's Yours - The Secrets to Maxing Out Your Social Security," Laurence J. Kotlikoff, Philip Moeller, Paul Solman, and "How to Make Your Money Last: The Indispensable Retirement Guide," Jane Bryant Quinn. .By Representative Alan Nunnelee (MS-1) .Discussion on the bill will likely continue into the summer, and TSCL will continue to monitor the ongoing debate. We remain hopeful that lawmakers will address any loopholes that would allow immigrants to claim Social Security credits based on work done illegally. In addition, TSCL is concerned that those with provisional status could have access to Social Security and Medicare benefits before they are granted citizenship. Both of these issues would put an unnecessary and unspecified strain on the Trust Funds, and we will continue to inform Members of Congress about potential issues in the coming weeks. … Continued
Guarantee a minimum COLA of no less than 3 percent. .The Medicare report estimated the Hospital Insurance Trust Fund will become depleted in just six more year. .Recently a group of Medicare patients and their families sued the Obama Administration, saying they were deprived of coverage because the policy allows hospitals to avoid admitting seniors with chronic ailments as inpatients. The plaintiffs charged that the observation services policy, which is intended to apply to short stays of no more than 24 to 48 hours, is instead being used to keep Medicare patients on outpatient status for longer stays, including some lasting up to a week. As a result, the seniors incurred medical charges as high as ,000 for skilled nursing care, drugs and other costs that Medicare Part B does not cover. Inpatient stays are covered under Medicare Part A, and all of ,156 deductible and most, if not all, of the co-insurance is covered by Medigap supplements. .However, leaders in the House postponed the vote and the discussion grew complicated after President Obama made a last-minute request to include funding for the training of Syrian rebels in the CR. "This is substantive policy change … Of course I would rather pass a clean, simple CR," said Rep. Mike Rogers (MI-8), chairman of the House Intelligence Committee, following the President's request. .The Senior Citizens League supports legislation that would raise the income thresholds that subject Social Security benefits to taxation. .A huge inconsistency between U.S. immigration law and Social Security threatens to undermine the income security of millions of U.S. senior citizens and the disabled. In 2004 Congress passed legislation requiring immigrants to have work authorization at the time a Social Security number is assigned or at some later time, in order to become entitled under Social Security.(1) Therefore, immigrants who obtain authorization to work in this country may eventually claim benefits based on all earnings. .The government would provide a fixed amount of money or "voucher" to purchase private coverage. Currently Medicare pays per procedure. Under this proposal the federal government would provide a fixed amount of money or "voucher," to private health plans to provide coverage. The amount of the voucher would be limited to the growth of the gross domestic product plus one percentage point. However, for the last 40 years national healthcare spending has exceeded the growth of the gross domestic product by more than two percentage points. The non-partisan Congressional Budget Office said that over time the vouchers would become increasingly inadequate to purchase sufficient coverage, or that seniors would face significantly higher premiums. .TSCL originally made this proposal with the massive support of our members. It is designed to provide fair compensation for the lower benefits Notch Victims receive. It has now been introduced as Bills in Congress. If passed, it will provide a Settlement payment of ,000 to each living Notch Victim or their beneficiary spouse. .Summer Congressional Recess Continues
