As of 2019, one quarter of American adults had no retirement savings at all. Only 36 percent of non-retired American adults think that "their retirement saving is on track," according to the Federal Reserve's annual report. There is no question about it: our nation can do a better job of equipping and encouraging our senior citizens to be prepared for this next season of their lives and provide more opportunities for Americans to plan long-range. Part of this can be done at a policy level, by passing practical reforms that address the obstacles to saving that some Americans experience. We must also address this on a personal level, by ensuring more Americans are equipped with the knowledge and resources they need to effectively save for and secure their futures. .The Senior Citizens League was pleased to see support grow for these three bills this week, and we thank the new cosponsors for their support. In the months ahead, we will continue to advocate for the passage of the Social Security Fairness Act, the Social Security 2100 Act, and the Fair COLA for Seniors Act, and we urge Congress to enact them this year. .TSCL was pleased to see support grow for H.R. 1902, H.R. 2575, and H.R. 4841 this week, and we will continue to advocate for them tirelessly in the months ahead. For more information, visit the Bill Tracking section of our website. For updates on the progress of these and other bills, follow The Senior Citizens League on Twitter. ."AbbVie is one of 33 member companies of the industry's top lobbying group, PhRMA, which raised nearly 0 million from membership dues in 2018, the most recent year for which data is available. But AbbVie's political action committee is one of just two pharmaceutical company PACs to donate the maximum ,000 to PhRMA's federal PAC since 2013, a potential indicator that AbbVie was highly motivated to influence legislation," according to a report on Salon.com. .According to the new survey by The Senior Citizens League, the majority of Medicare beneficiaries (72 percent) report spending for prescription drugs that was less than the Part D initial coverage limit in 2020. But 28 percent of survey participants report a level of monthly drug spending (at least per month and more for co-pays and co-insurance) that puts them at risk of exceeding the Medicare Part D initial coverage limit and hitting the "coverage gap" or "doughnut hole" — the point at which drug costs can be higher than under initial coverage. In addition, one quarter of survey participants, 25 percent, said they postponed filling one or more prescriptions in 2020 due to high cost or shortages. Under current law there is no annual cap on out of pocket spending in Part D, except for the lowest income beneficiaries who qualify for Medicare Extra Help which covers most of their out of pocket costs. .Second, the Social Security 2100 Act (H.R. 1902) gained one new cosponsor in Representative Jimmy Gomez (CA-34), bringing the cosponsor total to 16If signed into law, H.R. 1902 would strengthen Social Security benefits by improving the cost-of-living adjustment (COLA), increasing monthly benefits by 2 percent, creating a new Special Minimum Benefit equal to 125% of the poverty line, providing a tax cut to Social Security beneficiaries, applying the payroll tax to annual income over 0,000, and gradually increasing the payroll tax rate by 0.25%. .Last Wednesday, the Senate's Special Committee on Aging held a hearing titled "Turning 65: Navigating Critical Decisions to Age Well." The committee focused on the social and financial challenges that keep many seniors from living fulfilling lives in retirement. As Chairwoman Collins (ME) stated, "For the next 12 years, 10,000 Americans will turn 65 each day." .TSCL has many veterans among its supporters and no-doubt not all of them have a disability rating so they may be happy to know that Congress is considering including them in the VA's Covid-19 vaccination efforts. .The report found similar price disparities in expensive specialty drugs that treat complicated conditions like cancer.