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TSCL believes modestly higher retirement benefits are needed by a majority of people at or nearing retirement. A number of national studies indicate that millions of older Americans are entering retirement without the financial resources to cover retirements that may stretch 30 years or more. A 2015 report from the U.S. Government Accountability Office that says about one - half of households 55 and older have no retirement savings, and many of those that do run the risk of falling short of income..What do you think about ways to strengthen the COLA? Take our 2019 Social Security survey at..This week, the implementation of President Obama's recent immigration orders was halted by a federal court ruling. In addition, The Senior Citizens League announced its support for one new piece of legislation..Help! Social Security Estimates That I Earned 0,320 And Stopped My Benefits!.To qualify, you must meet your state's income and asset guidelines. You may qualify if your income in 2012 was at or below the income and resource limits listed below..To read our full recommendations to Congress or for more information on the recent budget deal, visit our website at..Senators Urge Action on Drug Prices.Currently, Social Security COLAs are based on the CPI-W, which tracks the spending patterns of young, urban workers. This index underestimates the inflation that seniors experience since it fails to capture the medical and housing costs that many spend most of their incomes on. TSCL estimates that a CPI for seniors would put the annual COLA at two-tenths of a percentage point higher than the CPI-W. Over the course of a retirement, this would amount to several thousands of dollars more in Social Security benefits..THREE PROPOSALS WE OPPOSE:

Blog Scotus Adopts Case By Case Approach To Warrantless Pursuit Of Fleeing Misdemeanants Into Home

TSCL's concern is not over taxes collected under valid Social Security numbers. The concern is over the use of earnings under invalid or fraudulent Social Security numbers to determine benefits. Earnings reported under invalid numbers most often occur when noncitizens work without legal authorization. Due to a loophole in current law, Social Security uses all earnings to determine benefits, even those from jobs worked under invalid and fraudulent Social Security numbers. Social Security thus pays benefits for the rest of the individual's life that may be based, at least in part, on work under fraudulent Social Security numbers. TSCL believes this policy rewards people for document fraud..Of concern to Social Security recipients, however, are not only what categories and items are included in the CPI, but also whose market basket the government is surveying, and the fairness of the "weight" or estimate of the portion of income they represent that the Bureau of Labor Statistics assigns..Senator David Vitter also reintroduced the Notch Fairness Act in the Senate. The Notch Fairness Act is legislation that would provide Notch Babies born 1917 through 1926, or widows who receive benefits based on their account, a choice of a lump sum of ,000 payable in four annual installments of ,250 or an improved monthly benefit. … Continued

Report Section State Medicaid Programs Respond To Meet Covid 19 Challenges Long Term Services And Supports

A balanced budget amendment to the constitution might sound like a good idea on the surface, but when the details are examined, it could be disastrous for programs like Social Security and Medicare. The Senior Citizens League tirelessly advocated against its adoption when it was considered earlier this year, and because lawmakers aren't giving up on it anytime soon, we aren't either..This week, TSCL announced its support for the Seniors and Veterans Emergency Benefits Act, which was introduced by Congressman Alan Grayson as a companion bill to Senator Elizabeth Warren's S. 2251..A report released by the House Oversight Committee last week said that from 2016 to 2020, the 14 top drug companies spent 7 billion on stock buybacks and dividends. That is some billion more than the amount spent on research and development, the report said. … Continued