News

  • Legislative Update For The Week Ending January 14 2011

    The age. Q & 038; January 2021 Can I Work and Receive Social Security Benefits at the Same Time? .For more information about these and other TSCL-backed bills, visit the Bill Tracking section of our website. To follow The Senior Citizens League's work on Capitol Hill, follow us on Twitter. .TSCL enthusiastically supports H.R. 2305 and H.R. 3118, and we were pleased to see support grow for both of them this week. … Continued

  • New Report Warns About Eating Fried Foods Again

    Congress should restrict price increases of prescription drugs to no more than the rate of inflation. — 83 percent support, 13 percent not sure, and only 5 percent opposed. .Premiums and coverage details can vary enormously, but here are a few things to consider: .Another major concern for those at the hearings was that the IPAB might inadvertently ration care. The law explicitly prohibits this, but many fear that without clarifying the definition of "rationing," there will likely be many discrepancies in the future. Rep. Phil Gingrey (GA) pointed out that what one calls rationing, another might simply consider reducing costs. … Continued

Last year the House of Representatives passed major legislation to lower drug prices that included giving the Secretary of Health and Human Services (HHS) the authority to negotiate for lower drug prices with drug companies. .On Wednesday, Members of the House voted to approve a temporary Continuing Resolution (CR) to fund the federal government past September 30th – the end of the fiscal year. Those in the Senate took it up quickly thereafter and voted for its passage on Thursday afternoon, despite reservations from some key Senators. .(Washington, DC) – Low inflation in recent years may be helping younger workers cut costs at the gas pump, but it isn't translating into lower costs for older and retired Americans, says The Senior Citizens League (TSCL). According to a recent study by TSCL, Social Security beneficiaries have lost 23 percent of their buying power since 2000. And another year of low cost-of-living adjustments (COLAs) is in store for 2017, according to a new TSCL analysis of consumer price index (CPI) data through August 2016. .House Postpones Thursday AHCA Vote .IMPORTANT: We Need Your Help .TSCL will be watching closely for the expected executive orders and we will report on them in our legislative update that follows the release of the orders. .The announcement of the annual Social Security cost-of-living adjustment (COLA) for the following year is like watching Charlie Brown trying to kick a football. Charlie Brown, our beloved cartoon character by Charles Schultz, gets talked into kicking off a football by the diabolical Lucy. Just as Charlie runs up to the football. Social Security Announces 1.3% COLA For 2021, One of Lowest Ever Paid Social Security recipients will receive an annual inflation boost of just 1.3% in 202The increase is so small, it's one of the lowest on record. The 2021 cost of living adjustment (COLA) will increase the average retiree ,523 benefit by about per month to ,54That increase is expected to be significantly offset,. An Emergency 2.5% COLA Could Add ,000 To Your Social Security Income Over the First Ten Years , editor .There's good news and bad for older job seekers. The good news: the jobless rate for older workers is lower than the overall unemployment rate. And many employers do value older workers for their experience, skill sets, reliability and maturity. .Source: The Federal Government's Long-Term Fiscal Outlook, Government Accountability Office, October 201"Monitoring Medicare+Choice, What Have We Learned?" Mathematica Policy Research, Inc., August, 2004.