The Senior Citizens League supports legislation that would allow Medicare to negotiate drug prices, and limit drug price increases to the rate of inflation. .Generally, retirement planners say that to maintain their current standard of living, retirees need to replace 70 percent of their pre-retirement earnings. However, with recent hits to personal savings and 401(k) balances, households are struggling with an erosion in the value of their retirement savings. Also, while workers may plan to retire at a certain age, their retirement decisions are often subject to circumstances outside of their control. A study conducted by McKinsey & Company found that roughly half of all workers who retired earlier than they planned cited health reasons or needing to care for a family member; the other half cited job loss. .Few employers outside the federal government and the military have taken up the option. Costco Wholesale Corp., United Parcel Service Inc. and FedEx Corp. are among employers that have said they aren't participating. .No change to 401(k)s or IRAs: Prior to enactment, concerns were high that tax reform would restrict the amount of pretax contributions working people could make to workplace retirement accounts. Congress did not do this, and the tax rules affecting these accounts, for the most part, remain the same. .Last week, the two leaders of the Republicans and Democrats in the Senate finally were able to reach an agreement on organizing the Senate for the next two years. An agreement was needed because each party has 50 Senators. Because of that, Vice President Kamala Harris, who is President of the Senate as provided for in the Constitution, will break any tie votes that may occur. That includes the vote to organize the Senate. .If the bill doesn't pass into law one way or the other it would be the first time in 60 years the legislation has failed to be enacted. .For example, the CMF report offers suggestions on how House member offices can most effectively absorb additional cuts. Most notably, these include salary freezes, a potential shift to increased e-mail use over traditional mail, and limited travel expenses to district functions. .The federal contribution would be redirected from disaster relief money at the Federal Emergency Management Agency (FEMA). Those funds are not likely to last more than two months, and the President did not say when the benefits would kick in. .The opinions expressed in "Congressional Corner" reflect the views of the writer and are not necessarily those of TSCL.