News

  • Legislative Update Week Ending December 5 2014

    The 113th Congress: A New Opportunity for TSCL .This article focuses on immediate annuities that provide income that starts right away, and lasts over your entire lifetime. (There are deferred annuities that younger investors purchase for later payouts. This type often has a reputation for high sales costs and poor investment performance and is not the topic of this article.) .This week, The Senior Citizens League was pleased to see support grow for four key bills that would improve retirement security in America if adopted. … Continued

  • Legislative Update Week Ending November 9 2018

    So it turns out that we have an important choice to make as a country. We can continue down the current path, increase our dependence on China, and accept the risk to our survival. Or we can invest in domestic manufacturing of a minimum level of production of essential medicines to prevent a situation where our supply is severed. .This week, The Senior Citizens League (TSCL) announced its support for new legislation that would strengthen and expand the Social Security program, and the federal government reopened after lawmakers and President Donald Trump approved a short-term continuing resolution (CR). .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." … Continued

There are reports that the Senate is now targeting roughly Dec. 18 as its adjournment date, and Senate Majority Leader Mitch McConnell (R-Ky.) is still looking to confirm judicial nominees this week while other members of the Senate work to find compromises on both the government funding legislation and a new coronavirus economic stimulus bill. .For more information about town hall meetings near you, click HERE. You can also call the local offices of your Members of Congress to request information about upcoming town halls. For contact information, click HERE. .On Thursday evening, lawmakers in the House and Senate voted to pass a continuing resolution (CR) that will fund the federal government until Friday, December 22nd. TSCL is pleased that lawmakers successfully averted a government shutdown since failing to do so could have impacted the timely delivery of Social Security benefits. Physicians and other medical providers also could have seen delays in their reimbursements from the Medicare program if the federal government had shut down. .How much would chaining the COLA cost you? Use TSCL's new Chained COLA Cut Calculator to calculate your loss. ."Congressional Pay Grows 15 Times Faster Than Social Security Checks" .Key Bills Gain New Cosponsors .Sources: "What Medicaid Cuts Will Mean For Seniors," Gleckman, Kaiser Health News, May 18, 2011. .But, again to be fair, the situation was the same when the Democrats were the majority in the Senate. So perhaps the issue is not which party is in control. Maybe it's the within the institution of the Senate itself. Or maybe it's the fact that voters keep sending Senators to Washington who are afraid to compromise on issues because the voters are so divided about what they done. .However, he must first apply for Medicare Part B and pay the initial Part B premium to get the process started, and he only may do so during the Medicare General Enrollment Period. This period is going on right now, starting January 1 through March 31, each year. The application can be safely done online at the Social Security Administration's website. The coverage will not actually start until July 1, 202In the meantime, we recommend that you contact his local Medicaid or Senior Services department to learn if his income qualifies him for short-term Medicaid coverage.