Legislation to help "Notch Victims" is Introduced.On Thursday, more than ninety new lawmakers were sworn into office and members of the 113th Congress assembled for the first time. The House of Representatives gained eighty-two new lawmakers forty-seven Democrats and thirty-five Republicans and the Senate gained twelve newly elected lawmakers eight Democrats, three Republicans, and one Independent..In fact, according to research by The Senior Citizens League, homeowner's insurance has grown 199 percent since 2000, making it one of the fastest growing costs that retirees face, second only to prescription drug costs. Joe reports that his homeowners and car insurance have increased every renewal period over the past two years. His homeowner's premiums rose from ,284 a year to ,566, an increase of 22 percent. Joe's auto insurance premiums increased 0 over the last four renewal periods, which are every six months, despite no tickets or accidents. Government subsidized FEMA flood insurance this year increased 7.4%..Several lawmakers also asked Congressman Price about comments he recently made to reform the Medicare program before the end of the year. Congressman Price told the HELP Committee Members that there are no immediate plans to reform the program, and that he has not yet discussed the topic with the new administration. Congressman Price has authored several proposals in recent years that would transform the traditional Medicare program into a "premium support" model, where beneficiaries would be given vouchers to purchase private health insurance. TSCL opposes such plans since we believe they would result in higher out-of-pocket costs for seniors, and we will continue to advocate against them in the months ahead..computer, or running a successful business..About 70 percent of people over the age of 65 will develop a.When asked how they responded to rising prices for meat, poultry, seafood, and dairy products, survey participants report reducing the amount that they consume of these foods and having to spend a larger portion of their budget on these items. "Most troubling of all, about 25 percent of survey participants reported they've gone without," Johnson says..Currently, the DI trust fund is set to become depleted in late 2016, and legislative action will be needed to prevent a 25 percent cut in benefits for 11 million disabled beneficiaries. According to those at Wednesday's hearing, reallocating funds from the Old Age and Survivors Insurance trust fund is the simplest and least controversial way of solving the problem. However, TSCL disagrees since doing so would mean that the OASI trust fund would become depleted four years earlier than currently projected. In our most recent survey of members and supporters, only 1 percent said they support the reallocation of funds from the OASI trust fund to the DI trust fund..Rescue committees may not even be needed for Social Security. The House is working on The Social Security 2100 Act introduced by Representative John Larson, and has the support of 208 co-sponsors. The bill would provide;

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This week, lawmakers in the House and Senate remained in their home states and districts for the week-long holiday recess..[v] Social Security Administration email, February 24, 2013..Gradually, over 20 years, raise the Social Security payroll tax rate that workers and employers each pay from 6.2% of earnings to 7.2%. A worker earning ,000 a year would pay about 50 cents a week more each year, matched by the employer. … Continued

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Despite receiving the largest Social Security cost of living adjustment in five years, the majority of retired and disabled beneficiaries will not see any increase in their net Social Security benefits in January, warns The Senior Citizens League. A big jump in Medicare Part B premiums is to blame. The Centers for Medicare and Medicaid Services recently announced that the Medicare Part B premium will be 4 for next year. That's the same amount that the Part B premium is today, but tens of millions of Medicare beneficiaries are paying less than that this year. Millions of beneficiaries pay roughly less - and their annual COLA may not be enough to cover the difference..Editor's note: Telephone etiquette has changed! Ask around, and you'll probably discover that many people are letting their voice mail or answering systems screen calls. This is no longer considered rude - but acting in self - defense. Protect yourself from scam. Be defensive:.The U.S. Supreme Court decision on immigration has significant consequences for Social Security and Medicare, says a recent report by The Senior Citizens League. "President Obama's executive actions on immigration would have provided long - term access to Social Security and Medicare benefits for people who worked in this country illegally, even though the newly - issued green cards are only temporary," says TSCL Chairman Ed Cates … Continued

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