News

  • Best Ways Save June 2017

    This week, the Social Security and Medicare Boards of Trustees released their highly anticipated annual reports on the financial status of the two programs. One congressional subcommittee held a hearing to discuss the findings, and The Senior Citizens League (TSCL) saw . .The CPI-E tends to grow more quickly than the CPI-W in most years, because it more accurately accounts for the percentage of income that retirees spend on healthcare and housing costs. Those two categories tend to increase several times faster than inflation, and tend to take a bigger share of retiree income. The CPI-E tends to give less weight to items like gasoline and consumer electronics which have fallen significantly in recent months and helped drag down the COLA for 2020. .This week, one member of TSCL's Board of Trustees – Legislative Liaison Joe Kluck – visited Capitol Hill to advocate for legislation that would strengthen and improve the Social Security and Medicare programs. The following key issues were discussed in several meetings with Members of Congress and congressional staff this week: … Continued

  • Legislative Update Week Ending November 2 2018

    In the final weeks of the 111th Congress, TSCL will continue working to prevent cuts to Social Security benefits that are already insufficient for too many of our nation's seniors. .If I received the ,000 Lump-Sum Settlement, would I then lose my monthly Social Security check? Would the amount of the check be raised to the level that it should have been all along? .If our forecast proves correct, this would. … Continued

Drug Executives Refuse to meet with Trump .TSCL supports these bills enthusiastically, and we were pleased to see support grow for them this week. For more information, visit the Bill Tracking section of our website. .This is the website of The Senior Citizens League ("TSCL"). .Speaker of the House Paul Ryan announced earlier this year that he wants to overhaul entitlement spending. TSCL is concerned that, after the elections, Congress could address rising deficits by moving legislation that would cut Social Security benefits. .The potential cost in benefits based on illegal work is substantial. Failure to address this inconsistency of law could result in newly legalized immigrants receiving benefits for earnings received while breaking U.S. laws, at the same time U.S. workers and senior citizens who paid into the system legally over their entire careers receive benefit cuts and higher taxes. .The database that compares health plans and Medigap policies does not give specific costs, but supplies a range of likely costs. I find some of the estimates confusing and misleading because they are based on certain government assumptions about the services an "average" Medicare recipient uses. Because nobody is "average," this may over or under state costs in your specific case depending on your health. .It remains to be seen how long the impasse will last, and whether or not Congressional leaders will lend their support to the bipartisan group's plan. Currently, no clear end to the shutdown is in sight. The Senate will remain in session over the weekend, and Members of the House have been told to stay in Washington for possible votes. The government shutdown should not have any effect on the daily lives of seniors, but TSCL will closely monitor the discussions for any developments, and we will continue to post updates here in the Legislative News section of our website. .In view of what happened and the substantial differential in pure dollar terms, TSCL believes "The Notch Fairness Act" is a fair, and even modest settlement for those who were affected by the Notch. "The Notch Fairness Act" would provide those born from 1917 through 1926 the option of choosing ,000 payable over a five year period or an improved monthly benefit. .Cutting off the flow of benefits when a Social Security recipient dies is important to protect program finances from going to people who aren't entitled to them. The Social Security Administration maintains a list of deceased beneficiaries called the "Death Master File" to help public agencies and private companies know when a Social Security number is no longer valid. Keeping that list up to date is vitally important. But a new report from the Inspector General of the Social Security Administration confirms that the Social Security Administration indeed has a major problem.