News
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No Cola In 2011 Feed
TSCL plans to continue hosting town hall meetings in the future. If you are interested in helping us plan a meeting in your area, click HERE. .While employment plunged at the height of the recession in 2009, new data from the Social Security Administration (SSA) suggests that millions of illegal immigrant workers hung onto their jobs. Employers sent in 7.7 million wage reports of workers whose names and Social Security numbers (SSN) don't match those on the SSA's files for 200The "mismatched" wage reports are frequently caused when the SSA receives copies of W2s for illegals who work under stolen, false or invalid SSNs. Although employment among illegal workers appears to have declined in 2009, the number of such "mismatched" wage reports that the SSA received from 2000 - 2009 averaged 9.5 million per year. .Wall Street economists are in the midst of a growing debate over whether we are in for "the return of inflation." (Oh, go ahead and snort. I did too when I first read about this.) … Continued
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Special Legislative Update January 2 2019
Dental insurance works differently than health insurance. Standard Medicare, for example, has an 80/20 structure. Traditional Medicare pays about 80% of the Medicare approved cost, while the patient, or the patient's supplemental insurance, pays most, or all of the balance. On the other hand, dental insurance can follow a 100-80-50 structure. If you use in-network dentists, dental plans may pay 100% of routine preventive services, such as x-rays, cleanings and exams. The plan may pay only 80% for basic procedures such as fillings, root canals, and extractions. And major procedures such as crowns, implants and gum disease treatments may only be reimbursed at 50%, which can set you back with significant out-of-pocket costs. .Should you have any questions or concerns, please do not hesitate to contact The Senior Citizens League at any time. .I know from meeting with friends and neighbors across my district that Americans are ready for the truth. They are ready for solutions. And they are ready for leadership. We must not be afraid to speak – and act – boldly on their behalf. … Continued
In the months ahead, The Senior Citizens League will continue to work for enactment of this and other legislation that would strengthen and enhance Social Security benefits for current and future beneficiaries. For progress updates, follow The Senior Citizens League on Twitter and Facebook. .Housing Survey, a survey of landlords and tenants used to provide rent data for CPI's shelter indexes. .Senate investigators recently explored one such astonishing case. They took a closer look at a disability attorney and retired Social Security judge who practiced along the border area of Kentucky and West Virginia. Some 10 to 15 percent of the entire population of the area — about three times the national average — is on disability. .Very modestly boosting the payroll tax paid by workers and matched by employers to employers. .First, the bipartisan Social Security Fairness Act (S. 521, H.R. 141) gained eight new cosponsors in the Senate and the House, bringing the cosponsor totals up to thirty and 165, respectively. The new cosponsors are: Senator Dianne Feinstein (CA), Senator Kyrsten Sinema (AZ), Representative Sean Casten (IL-6), Representative Susan Davis (CA-53), Representative Elaine Luria (VA-2), Representative Colin Allred (TX-32), Representative Ed Case (HI-1), and Representative Filemon Vela (TX-34). .Until then, TSCL will continue to monitor the movement of President Obama's immigration orders closely, since they could significantly affect the Social Security and Medicare programs if implemented. We will post updates here in the Legislative News section of our website. .In his opening statement, Budget Committee Chairman John Yarmuth (KY-3) said: "[Social Security] is facing serious long-term funding shortfalls, with promised benefits facing cuts as high as 20 percent as soon as 2035 if Congress does not act. Cuts of this level would be devastating for the individuals who rely on Social Security … Congress has a responsibility to act and honor the promise of retirement security." .This week, the Obama administration released its much-anticipated 2013 budget proposal, and the House-Senate conference committee compromised on a deal to prevent payment cuts to Medicare physicians and extend the payroll tax holiday. In addition, four new cosponsors signed on to the Social Security Fairness Act. .But a study of typical senior costs conducted by TSCL indicates that COLAs aren't doing a very good job of keeping up with rising prices now, primarily because the CPI isn't fully reflecting the portion of income that seniors must spend on rapidly rising healthcare costs. The study found that the Social Security benefits have lost 32 percent of their purchasing power since 2000.
