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TSCL knows how crucial they are, and we pledge to keep fighting on your behalf. But your calls and emails to your Senators and Representatives on these issues that we write about are very important and can make a real difference.."Chaining" COLAs Still Under Consideration.Nearly 1.5 million teachers and other public servants see their Social Security benefits reduced by as much as 40% due to the Windfall Elimination Provision. What do you feel should be done about this?.Sen. John Cornyn introduced H.R. 1190 on January 8, 201It has since been referred to the Committee on Finance..What is the "chained" CPI?.TSCL will keep a close eye on the negotiations as they evolve in the coming weeks, and we will encourage lawmakers to avoid another government shutdown. For updates, visit the Legislative News section of our website, or our new account on Twitter..I'm turning 65 later this year and my dentist tells me that I will need dentures. Does Medicare cover dental services?.The plan would affect both current and future Medicare beneficiaries by carving Medicare into two systems. People who already receive Medicare would continue under the current system. People who turn 65 by 2021 would receive a voucher to purchase private insurance..The Social Security OIG report concluded, "Having an SSN on the MBR - regardless of the date of entitlement - improves the Social Security Administration's ability to prevent improper payments," and recommended that the agency take additional steps to ensure the oldest auxiliary beneficiaries without an SSN are still alive. Yet the Social Security Administration disagreed, saying that the Agency "believed current policies and safeguards were appropriate to meet program needs."

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However, for many retirees age 65 and up, most or even all their COLA was offset by rising Medicare premiums and out-of-pocket costs. A recent survey conducted by TSCL found that 48 percent of survey participants reported that, after the deduction for just the Part B premium, their COLA increased their Social Security benefit by less than Another 6 percent of survey respondents reported no increase to their net benefits at all..Later in the week, the President doubled down on his promise to try and cut prices on branded prescription drugs. Word is out that the President is considering an executive order to combat the problems of high cost drugs sold to Medicare and other government programs..At the Social Security Subcommittee's hearing, the focus was also on three specific proposals: cutting the Social Security cost-of-living adjustment by adopting the "chained" Consumer Price Index, raising the eligibility age, and increasing the cap on income subject to the payroll tax. Support for each proposal was mixed, and while experts on the panel spoke with a sense of urgency, no real consensus was evident among Members of the Subcommittee. … Continued

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The high cost of healthcare and the significant cost of serious illness or dementia is climbing at one of the most rapid rates in years. Last year TSCL's annual Senior Survey found that 29% of survey respondents spent up to one-half of their Social Security benefits on healthcare costs, up from 25% the previous year. Another 18% spent more than one-half of their benefits on healthcare, up from 13% the previous year..Net qualified disaster losses from a federally declared disaster..So why the concern if immigrants will be paying into Social Security and Medicare? Won't the payroll taxes boost the program in the meantime … Continued