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Notch Bulletin Help Us Stop Social Security Lump Sum For Immigrant Workers Feed
Higher-income beneficiaries. People with modified gross incomes of ,000 (individuals) or 0,000 (couples) in 2017 are required to pay higher Part B premiums, depending on income. .Medicare Reform – Protect beneficiaries from changes that would impose greater out-of-pocket costs to beneficiaries. .The Social Security Subcommittee of the House Committee on Ways and Means held a hearing to discuss the problems facing seniors and the vital roll Social Security plays in the well-being of America's seniors. … Continued
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Q A January 2020
That is why we are letting you know that the American Medical Association said this week that neither doctors nor the general public should use coronavirus antibody tests to determine whether someone is protected from the pathogen. ."The ability to withstand major downturns in the economy is particularly important in retirement, yet extraordinarily difficult for today's retirees and those nearing retirement," says Johnson. "There are a number of factors that are reducing available retirement income from traditional sources," Johnson says. .The Consumer Price Index for Elderly Consumers (CPI-E) Act — Congressman John Garamendi (CA-3) introduced the bipartisan CPI-E Act in the 115th Congress, and in TSCL's December meeting with his office, he committed to re-introducing the bill once again in 201If adopted, his bill would enhance Social Security benefits by basing cost-of-living adjustments (COLAs) on an inflation index specifically for seniors. Under current law, COLAs are based on the way young, urban workers spend their money. … Continued
This week TSCL has been focused on two issues we are very concerned about. The first is the payroll tax cut that we told you about last week. As a reminder, President Trump has said he wants a payroll tax cut in the next financial relief legislation Congress develops in response to the coronavirus. TSCL opposes that because it would further damage the financial well-being of the Social Security and Medicare programs. Both programs already need fixing because the lack of financial resources in the coming years may result cutting benefits to seniors. In fact, Senate Majority Leader Mitch McConnell (R-Ky.) is among Congressional leaders who have already called for that, although they don't call it cutting benefits, they say there is a need to "reign in the costs" of the programs. .Prevention of Fraud, Waste, and Abuse – Eliminating inefficiencies within Social Security and Medicare. .In determining the COLA what items does the government track for price changes? Why does the COLA grow so much more slowly than my costs? .TSCL Announces Support for H.R. 4104 .Alexandria, VA (June 17, 2013) Seniors are closely following the debate over Social Security, and a new survey indicates strong support for two major changes that could restore Social Security's long-term solvency. The survey, conducted by The Senior Citizens League (TSCL), one of the nation's largest nonpartisan seniors groups, found that 52% of seniors strongly favor, and another 30% somewhat favor, raising the Social Security maximum taxable wage base. In addition, 87% support banning the use of earnings from jobs worked under invalid and fraudulent Social Security numbers by unauthorized immigrant workers to determine entitlement to Social Security and other federal benefits. .65 million Americans currently rely on Social Security benefits, yet many still struggle just to make ends meet, to the shame of the nation, millions have worked all their lives, paid into a system, and receive a below poverty line check from Social Security. .Because of the collapse in the real estate market, experts say that thousands of seniors who need assisted living or nursing home care are remaining in their homes longer because they can't sell or get the price they need to cover their long term care. According to Harris Meyer, in an article for Kaiser Health News, the situation is leaving families under pressure to either pay for their parents' placement with their own money, or to provide care themselves. . The situation that we all are in is precarious, and that includes the worldwide supply chain for prescription drugs. (More on that in a minute.) You need immediate help and here's a check list of what I suggest you try: .The gap between prices was even higher for brand-name drugs, with U.S. prices 3.44 times more than those in the other countries. Meanwhile, prices for generic drugs are slightly lower in the U.S. than in most other countries. Unbranded generic drugs account for 84% of drugs sold in the U.S. by volume, the researchers found, but only 12% of U.S. spending.
