News
-
Benefit Bulletin March 2012 Advisor
In the midst of all this, a new study by The Senior Citizens League (TSCL) found that the drop in average wages in recent years coupled with no cost-of-living-adjustments (COLAs), and projections of extremely low COLAs, is reducing the amount retirees can count on in Social Security benefits over their retirement. .Back in February, U.S. District Judge Andrew Hanen of Texas temporarily halted President Obama's immigration orders that would have delayed the deportation of nearly 5 million illegal immigrants. The Obama administration promptly appealed that decision to the U.S. Court of Appeals for the 5th Circuit in New Orleans. .He said the out-of-pocket costs that patients are paying need to be fixed and that pharmaceutical company executives would be willing to help cover the cost of such reform. However, he said they want to ensure their contributions would go directly toward lowering patient costs and not into the federal budget to be used for other things. … Continued
-
Category News Press Releases Page 8
How have you been affected by high Medicare Part B premium increases? To participate in a survey, visit The Senior Citizens League's website at . .You may be surprised to learn that Members of Congress, and their congressional staff, receive their employer-sponsored insurance through Obamacare. Their health benefits would also be affected by an Obamacare repeal as well — but unlike your sister and millions of other Americans, Members of Congress already have high quality health insurance to replace their Obamacare plans. In fact, the premium costs of some Members of Congress could go down as they transition back to getting insurance through the Federal Employees Health Benefits Program (FEHB). .Should lawmakers fail to reach an agreement before midnight on Friday, April 28th, a federal government shutdown will occur. TSCL hopes that Congress will avert a shutdown since Social Security and Medicare beneficiaries would see negative impacts if one were to occur. We will be monitoring the negotiations closely in the coming hours and days and will post progress updates on Twitter. … Continued
[2] Growth of the Social Security "Earnings Suspense File", Mary Johnson, TSCL February 2013. .Three Ways Congress Can Pay For Notch Reform .The DOJ in late March arrested a man in Southern California who allegedly orchestrated an investment scheme involving a bogus injectable cure for Covid-1A week later, the DOJ filed charges against a man whose treatment allegedly involved a combination of Vitamin C, bee pollen, hydrogen peroxide, and prayer. .More headaches are on the way this tax season. For the second year in a row, the Making Work Pay Tax Credit didn't work as planned for an estimated 13.4 million taxpayers, according to the Treasury Department's Inspector General. Seniors are high on the "Most Negatively Affected List," and may wind up owing taxes and even a penalty. .The month of August presents constituents with the perfect opportunity to do just that. Both the House and the Senate adjourn for the month, and many Members of Congress travel home to hold town hall meetings. The Senior Citizens League (TSCL) encourages you to make the most of this month by attending town halls and making your voice heard. Below are summaries of three key issues, along with sample questions. Feel free to take them with you to your next meeting. .In addition, should your husband improve and regain the ability to work, he would be allowed to earn ,580/month in 2021 before his benefits would be temporarily reduced due to Social Security's earnings restriction rules. Under disability rules, your husband could not earn more than ,310/month without losing eligibility for disability benefits altogether. Should your husband continue to improve, he could earn more by the year he attains full retirement age. .Forty-eight percent (48%) have gone without essentials including food, disinfecting products, face masks, due to shortages, rationing or high prices. .For this week, lawmakers in the House and Senate remained in their home states and districts for the final week before they return to Washington following the Labor Day holiday. .When the Social Security Administration announced that the cost-of-living adjustment (COLA) for 2016 would be zero, a stunning thing occurred. The Medicare Trustees projected that the monthly Part B premium would increase by an unprecedented .50 (52%) between 2015 and 2016— from 4.90 to 9.30 per month. What does this have to do with the situation today?
