News

  • Deficit Reduction Proposal Would Clobber Seniors With Medigap

    If signed into law, H.R. 973 would repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) – two federal provisions that unfairly reduce the earned Social Security benefits of millions of teachers, firefighters, peace officers, and other state or local government employees each year. .Survivor claims are increasing due to recent violence in Mexico. .TSCL Urges Action on Debt Ceiling … Continued

  • Unprecedented Growth In W2s For Illegals Threatens Social Securitys Solvency

    Expands disability investigation units effective Feb 1, 2016. .TSCL enthusiastically supports S. 2011, H.R. 2575, H.R. 991, and H.R. 1205, and we were pleased to see support grow for each one this week. For more information about these and other bills endorsed by TSCL, visit the Bill Tracking section of our website. .Benefit reductions due to your age. — Since you were born in 1952, your age for receiving full, unreduced Social Security benefits is 6That holds true for survivors benefits, as well as for your own retirement benefit. So assuming you start benefits in December at age 64, the amount you would receive for starting benefits before your full retirement age will be reduced — almost 10%. (When you start benefits early you get less but you theoretically receive them over a longer period of time.) But that's not the only reduction. … Continued

This year, I am currently gathering support for the Medicare Advantage Quality Payment Relief Act, which would require the HHS Secretary to take Medicare Advantage Quality Incentive payments out of the calculation of the Medicare Advantage benchmark cap. This will allow high performing plans to receive the quality payments that they rightfully earned and to use those payments to improve beneficiary care. .A new fraud scheme designed to target seniors appears almost daily. In many cases, seniors have watched their entire life savings disappear in scams that are specifically designed to target their assets. .He announced that he would meet with the drug companies to discuss his plan, but top company executives subsequently refused to meet with him. The drug companies did develop their own proposal but it was rejected by the President. ."That estimate tracks closely with the CPI data through August," Johnson says. "Overall inflation readings are very low, but that's almost entirely due to the dramatic drop in oil prices again this year," she notes. Meanwhile, the data show some big jumps in the cost of goods and services that older and disabled Americans use the most. But that won't necessarily translate into higher COLAs, because the index used to calculate the annual Social Security boost is based on the spending patterns of younger working adults. Younger people tend to spend less on health care and housing, and more on gasoline and electronics, two categories that have gone down in recent years. .An abrupt jump in inflation in February and March of this year wiped out a short-lived improvement in the buying power of Social Security benefits in 2020, according to TSCL's latest study on rising senior costs. The study, which compares the growth in the Social Security cost of living adjustments (COLA)s with increases in the costs of goods and services typically used by retirees, found that, while consumer prices flatlined in 2020 through January 2021, costs are now sharply increasing. .If you've ever had a doctor or other health care provider who you've gone to for many years and who you really liked, but then who either retired or moved away, you can understand how upsetting this prospect is for many military retirees and military families. .TSCL's Endorsement Sought for Social Security Bill .TREA Senior Citizens League Backs New Approach to Correcting the Notch .This week, lawmakers passed a temporary spending bill just hours before a government shutdown was set to occur. In addition, The Senior Citizens League (TSCL) announced its support for one new bill, and one piece of legislation gained critical new support.