News

  • Social Security Can Strengthened Without Cutting Benefits

    The TREA Senior Citizens League News Room is the online resource for reporters to learn more about our work on behalf of seniors. With 1.2 million members, TREA Senior Citizens League is one of the nation's largest nonpartisan seniors groups. If you require additional assistance or would like to request an interview, please contact us. .The estimate of the COLA is updated every month, with the release of new CPI data, so our COLA estimates can change from month to month during the year. Based on the data through August we estimate that the 2022 COLA will be 6% to 6.1%. The actual COLA for 2022 will be announced October 13, 2021. .And, there's more! "The Best Ways to Save" has helped hundreds of thousands of seniors live better in retirement with valuable tips for getting the most out of Social Security and Medicare benefits and stretching retirement income. To request your free special issue send for postage and handling to: The Senior Citizens League, ATTN: BWTS, 1001 N. Fairfax St., 101, Alexandria, VA 2231Or visit TSCL on the web at . … Continued

  • The Social Secuirty Notch An Economic Analysis By Dr John Haldi

    The GAO has noted that a totalization agreement may motivate additional unauthorized workers to come to the United States. Similarly, the prospect of an amnesty program passing the Congress in the coming months will likely encourage increased illegal immigration in anticipation of an easy road to U.S. citizenship. .In the 109th Congress, I co-sponsored legislation expressing CongressТ disapproval of the Totalization Agreement between the U.S. and Mexico because I believe it is imperative that we protect Social Security by preventing others from "gaming" the system. For this reason, I also co-sponsored the Illegal Immigration Enforcement and Social Security Protection Act of 2005, legislation aimed at cracking down on Social Security fraud. .The House passed H.R. 1868 by a vote of 246-175 on March 19, with 29 Republicans voting in favor of the bill. … Continued

"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. .Rather than working on bipartisan legislation to solve the rural healthcare crisis, many of my colleagues have instead chosen the fantasy of "free" healthcare for all. In reality, "Medicare-for-all," as they call it – would put more than 1,000 rural U.S. hospitals in 46 states "at high risk of closure" among other devastating consequences, according to experts. .Congress Adjourns for Memorial Day Recess .TSCL Calls On Congress To Close The Loop Hole .Four Key Bills Gain Support .Notes from Jessie Gibbons, TSCL Legislative Analyst .Initial coverage stage: 4.61 from the lowest-cost drug plan but, as you have discovered, the total cost of the drug is so expensive that you rapidly use up the initial ,820 in the first three months once you factor in the portion that your drug plan pays. .Some financial advisors say that there may be some tax advantages to taking money out now while valuations are lower. This information is not intended as investment advice. We strongly recommend that you contact the custodian of your 401(k) or your financial advisor and discuss a plan for your income needs and to explore potential sources of funds. .One Third of TSCL Survey Respondents Have Not Received Routine Dental Care in Two Years