Environment And Natural Resources State And Federal Efforts To Address Pfas ContaminationThe loss of buying power is an early indicator of whether the Social Security COLA will climb in the following year. Based on consumer price index data through May of this year, we estimate that the COLA for 2019 will be about 3.3%, the highest since 201However, that number could change, since there are still several months of price data to be released before the Social Security Administration announces the COLA in October..TSCL consists of vocally active senior citizens concerned about the protection of their Social Security, Medicare, and veteran or military retiree benefits. TSCL was first established as a special project of The Retired Enlisted Association. On January 1, 1995, TSCL became an independent 501[c][4] citizens' action organization..While that is certainly better than 2010 and 2011 when inflation was so low that no COLA was paid for two years in a row, it's unlikely to cover seniors' real cost increases. Earlier this year we surveyed our readers and 89% reported that the 1.7% COLA in 2013 increased benefits by less than per month. On the other hand, almost the same number, 88%, reported that their total monthly expenses rose by more than Unfortunately the majority of those people, 40%, said that their monthly costs rose by more than 9. … Continued
Blog Scotus Reaffirms Rational Understanding Required For ExecutionsCurrently, because the Trust Funds are a part of the unified federal budget, Congress regularly uses the "excess funds" those not immediately needed for purposes other than to pay out benefits. TSCL believes that this practice is fundamentally unfair to current and future beneficiaries, and because both programs are facing insolvency within the next two decades, we believe it is now more important than ever for Congress to end the irresponsible practice. TSCL enthusiastically supports the Social Security and Medicare Lock-Box Act, and we look forward to working with Congressman Walberg in the coming months to help build support for it..Gift certificates for home-heating oil are likely to be among the most appreciated gift you can give this holiday, says The Senior Citizens League. "That's because it will cost many Americans roughly 26 percent more to fill their home-heating fuel tanks this winter than last," says The Senior Citizens League's Social Security policy analyst Mary Johnson. "For people who rely on Social Security benefits, this will be a particularly challenging expense, since Social Security benefits are only increasing 2.8 percent in 2019," she explains..How the Pandemic is Affecting Retirement Savings as of December 31, 2020 … Continued
