News

  • Legislative Update Week Ending September 26 2014

    The "defined benefit" pension plan has become rare, only available to about 16 percent of private sector workers, according to the Bureau of Labor Statistics. Most companies have transitioned from traditional pension plans that offer a fixed benefit to 401(k) plans, that are invested in the stock and bond markets, and vary on the amount of income that can be expected, depending on investment performance and the economy. .In the weeks ahead, The Senior Citizens League will continue to advocate tirelessly for the adoption of the CPI-E Act (H.R. 1251). We will also be keeping a close eye on the 2019 Social Security COLA announcement that is set to occur next Thursday, on October 11th. For updates, follow TSCL on Twitter or visit the Legislative News section of our website. .The changes closed two claiming tactics known as "file and suspend" and "restricted application for spousal benefits." The claiming strategies have made it possible for both members of a couple who are 66 or older to delay claiming Social Security based on their own earnings records, in order to increase payments, while at the same time one spouse receives a spousal benefit. Alicia Munnell of The Center for Retirement Research at Boston College estimates the changes would save .5 billion per year — a potential cost that would grow over time. … Continued

  • Congressional Corner Reduce Deficit In A Balanced Way Not On The Backs Of Seniors

    The diagnostics are designed to pick up signs that the human immune system has successfully fought the novel infection, a step many scientists believe will confer some measure of immunity. The AMA said given the uncertainties surrounding the tests -- including about their accuracy -- medical and safety decisions should not be made based on those assumptions. .Before the New Year even started, TSCL had been working to convince Members of our new Congress of the immediate need to replace 2021's meager 1.3% cost-of-living adjustment (COLA) with a 3% emergency inflation adjustment. We strongly support "The 3% Emergency COLA Act," introduced by Representatives Peter DeFazio (OR-4) and John Larson (CT-1) and efforts to include provisions of this bill in emergency stimulus funding legislation. .However, MA insurers have already begun taking steps to reduce their costs in order to account for the cuts from CMS. As was noted in last week's legislative update, UnitedHealth – one of the largest MA plan providers – has dropped thousands of doctors from its networks, leaving many seniors doctor-less. It expects its physician network to be 85 percent of its pre-Obamacare size by the end of this year. TSCL is concerned that additional cuts to MA in 2015 will harm beneficiaries in other ways, by driving up premiums and reducing benefits. … Continued

Studies show the vaccines made by Pfizer and Moderna, the only two approved by the U.S. so far, are fully effective at one to two weeks after the second dose, depending on the vaccine; while they prevent disease, it is not clear whether they prevent asymptomatic infection .The Strategic National Stockpile will maintain the supplies while additional surge manufacturing is built up, a senior administration official said Thursday. The stockpile will include testing supplies that were not maintained in the past. .Abrupt legislative cuts erode the trust that Congress needs for making far bigger changes in the future. TSCL urges you to engage candidates in conversations about Social Security and Medicare. Let's ask them what their plans are for fixing Social Security and Medicare and what changes they propose that would affect your benefits. .This week, lawmakers in the Senate adopted a budget resolution that lays the groundwork for a repeal of the Affordable Care Act. In addition, The Senior Citizens League (TSCL) announced its support for three new bills in Congress. .This week, one new cosponsor – Rep. John Sarbanes (MD-3) – signed on to the Protecting and Preserving Social Security Act (H.R. 1811), bringing the total up to eleven. If signed into law, H.R. 1811 would base Social Security cost-of-living adjustments (COLAs) on the Consumer Price Index for the Elderly (CPI-E) and it would gradually phase out the cap on income subject to the payroll tax. It would extend the program's solvency for decades into the future responsibly, without cutting benefits for seniors. .TSCL opposes legislative efforts that would make today's seniors and those nearing Medicare-age pay higher costs for their Medicare coverage. .TSCL's members and supporters are sending in thousands of petition signatures to fight the cuts that threaten senior benefits. Senior voter outcry, especially in an election year, is a highly effective means to make lawmakers wary of making major changes. .TSCL enthusiastically supports the Strengthening Social Security Act and the Social Security Fairness Act, and we were pleased to see support grow for both of them this week. .Republicans Sweep Tuesday's Elections