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  • The Seniors Citizens League Weekly Update

    In reality, no Social Security reduction is small, because the loss compounds over time. The problem is especially unacceptable when this problem can be prevented by Congress in the first place. Individuals who were born in 1949 and who retired at age 66 with average benefits have lost about ,915 through the end of 2021, due to the reduction in the AWI in 200Their benefits today are about per month lower than what they otherwise would have received had they been born one year earlier. Even worse is the loss over time. Assuming that an individual lives to age 90, retirees born in 1949 would lose an additional ,297 in lifetime Social Security benefits—or even more, if their benefits are higher than average. This type of benefit reduction is known as a "notch" in benefits, and those affected might be referred to as the "1949 notch babies." .The TSCL Board of Trustees and staff are all dedicated to helping seniors. The following services provided by TSCL are considered primary and essential to the betterment of the quality of life of our nation's senior citizens: .I turn 61 this year and I'm still employed. I've read about waiting until my full retirement age before starting Social Security benefits. Is that 66? Do I enroll in Medicare at the same time I start Social Security? … Continued

  • Category Issues Totalization Articles Page 7

    Access to work authorization is a key issue for Social Security. With work authorization, non-citizen workers can become eligible for Social Security and Medicare benefits. Under current law workers become fully eligible for Social Security benefits after ten years of work. A new survey by the Pew Hispanic Center indicates that an estimated 6.4 million illegals have been living in this country for at least 10 years and thus potentially would be in line for Social Security and Medicare should they receive work authorization. .TSCL Estimates 2019 Social Security COLA .What is the full retirement age for Social Security? … Continued

However, support in the House has gone to two bills of the bills, both of which moved forward this week: HR 5826, sponsored by Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee; and HR 5800, sponsored by Rep. Bobby Scott (D-VA), Chairman of the House Education and Labor Committee. While they each deal with the same issue the way they try to solve it is different. .But if mature workers are not working and earning, they can't make critical life investments in themselves, their families, and their futures. .Passage of this new rule will allow the House to start conducting business on a larger scale than has been happening since the beginning of the coronavirus social distancing measures. .Sources: "Social Security The Notch Issue," GAO-HRD-88-62, March 1988, page 1Financial Management, Challenges in Meeting Requirements of the Improper Payments Information Act, GAO-05-417, March 200"Annual Statistical Survey 2004, Social Security Administration, Table 5.A.1. .What should you do? If you still use paper tax returns, don't wait for the forms and instructions to show up in your mailbox. The IRS did not send any out this year. Visit the IRS website at www.irs.gov for forms, instructions, and to file online. Free tax assistance services may be available in your area, or call your local IRS taxpayer assistance office. .Will there be a COLA in 2021? Maybe not. .Does Medicare Cover Eyeglasses? .The report analyzed the prescribing patterns of the nation's one million doctors and found that 736 of them had questionable patterns. The drugs prescribed included highly addictive prescriptions for morphine, oxycodone, anabolic steroids, hydrocodone with codeine, and barbiturates. Doctors, and crooks who use stolen provider identification numbers are writing multiple prescriptions for the same patients that are filled by dozens of pharmacies. .Sources: "Social Security Benefits for Noncitizens," Congressional Research Service, July 20, 2006, RL32004.