State Legislatures Magazine Ncsl Base Camp 2020 Two Perspectives On Addressing Racial Disparities Magazine2020The short answer is no not yet..An individual's earnings are the basis for how the Social Security Administration calculates the initial retirement benefit. The benefit formula uses the 35 years of highest earnings to determine the average monthly wage. Low earnings and years of no earnings in one's earnings record, decreases the average monthly wage used to determine the monthly benefit. Initial benefits are pulled down with it. To boost benefits, some women today are working much longer than they anticipated to fill those gaps in their earnings records..TSCL is working hard for legislation that would lift the taxable maximum cap, expand Social Security by boosting retirement benefits and provide greater retirement security by using a "seniors" consumer price index, the CPI-E, to determine the annual COLA. To learn more, visit. … Continued
Blog Health C25 8The Social Security 2100 Act would make Social Security benefits more generous by:.Surprise! The new healthcare law requires just that. A provision, added by Senator Charles Grassley, requires Members of Congress and their staff to get their health insurance through new health insurance exchanges starting in 201The provision is stirring up lawmaker worry on Capitol Hill over whether the federal government will continue to pay part of their premiums, or leave them to cover 100% of the cost. Through the end of 2013, Members of Congress get their insurance through the Federal Employees Health Benefits Program. Under FEHBP the government's share of premiums is about 75% of premium costs..Essma Extra! … Continued
