

News
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Weekly Update For Week Ending July 3 2020
To help protect the buying power of benefits, TSCL supports legislation that would provide a modest boost in benefits, base COLAs on the Consumer Price Index for the Elderly (CPI-E) and guarantee a COLA no lower than 3 percent. To learn more, visit . .TSCL is disappointed in the repeated attempts of lawmakers to reduce funding for the healthcare of their sickest and poorest constituents in 201TSCL urges all of you to get ready to vote this election year. Start now by checking that your voter registration is up to date, particularly if you have moved recently. .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. … Continued
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Benefit Bulletin September 2020
"Switching to a more slowly growing CPI is not the only change affecting seniors that deficit negotiators are looking at," notes Hyland. "Members of Congress from both parties are already considering changes that would make seniors pay a bigger share of their Medicare, and reducing government Medicaid payments at the same time," he adds. .Supporters of the move claim the chained CPI is "more accurate" because the current inflation measures don't take into account how consumers substitute lower costing items when prices increase. When beef goes up consumers might buy more chicken they argue. "But if accuracy was the real reason for making such a change to the COLA then why aren't policy makers and Congress more interested in what seniors and disabled people really spend their money on?" asks TSCL Chairman Larry Hyland. .Sources: "An 87 Year Old Nun Said She Was Raped In Her Nursing Home. Here's Why She Couldn't Sue," Haley Sweetland Edwards, Time, November 16, 201"House Passes Ban on Forced Arbitration, Class Action Limits, Jaclyn Diaz, Bloomberg Government, September 20, 2019. … Continued
Democrats currently have an eight-seat majority in the House, meaning 10 defections could doom the legislation. Of those 10 members, seven got contributions last cycle from PhRMA, according to Federal Election Commission records. Six received donations from AbbVie's political action committee. .For each visitor to our website, The Senior Citizens League collects only the domain name and aggregate information on what pages are visited. This information is used to help improve the content and ease of use of our website. .According to the non-partisan Kaiser Family Foundation, the average Medicare Part D plan premium increase for 2016 is likely to be the largest since 200In addition, Medicare Part B premiums will increase more than 16 percent, from 4.90 to 1.80 per month, for about one in three beneficiaries next year, and that's after legislation that reduced the increase. .TSCL offers its supporters an unconditional refund of their most recent donation if they are dissatisfied with our position or performance. .By Shannon Benton, Executive Director .The CBO also notes that increasing the payroll tax rate or subjecting more earnings to the payroll tax could improve Social Security's financing. .The White House confirmed that many of those affected would be eligible for Social Security, Medicare and a wide array of federal benefits. "TSCL is concerned that the President's executive action would not only provide authorization to legally work in this country, but access to Social Security and Medicare benefits that, under current policy, could be based in part on earnings under fraudulent Social Security numbers," says TSCL Chairman, Ed Cates. "With the Social Security Disability Insurance program facing insolvency by the end of 2016, and beneficiaries facing a 20 percent benefit cut, we are calling on Congress to end this policy that pays benefits based on document fraud," Cates adds. .The vast majority of illegal immigrants come to this country for jobs. To obtain one, they need documentation to show an employer. There's a huge underground business in the manufacture and distribution of phony or even stolen Social Security numbers (SSNs). According to media reports, counterfeit SSNs and papers can be purchased on the streets for under ,000. .In Virginia the law reduced unemployment benefits by half of a person's Social Security check. For example, someone who received ,000 per month in Social Security lost 0, or 5 from each weekly unemployment check. Social Security recipients were rightfully outraged and successfully lobbied the Virginia legislature for repeal of the unemployment "offset" rule. That repeal is now effective in Virginia and numerous other states. Check with your state unemployment commission to learn how Social Security might affect your unemployment benefits.