Ncsl In Dc Publications And Resources Capitol To Capitol Nov 14 2018The hold-harmless provision was again triggered on a nation-wide basis in 2016, when the COLA was zero, and again in 2017, when it was just 0.03 percent. In the meantime the Part B premium rose to 4.00 per month. In 2018, the COLA finally boosted benefits by 2 percent, but even so, roughly half of all beneficiaries reported that the increase in Part B premiums offset their entire COLA this year..In a letter to Congressman Jones, Ed Cates TSCL's Chairman wrote: "The Senior Citizens League lends its enthusiastic support and the support of its membership to the Social Security Guarantee Act … We salute you for introducing legislation that would make the Social Security program more fair and reliable, and we look forward to informing our members and supporters about your efforts.".Essma Extra! … Continued
State Legislatures Magazine Table Of Contents State Legislatures Magazine November December 2018Please be aware that if the federal government shuts down on Tuesday, October 1st, your daily life should NOT be affected. Medicare will continue to operate, and your Social Security benefits will go out on time regardless of whether or not the federal government is running..Do I Have To Give Up My Current Healthcare Coverage To Go On Medicare?.When food and other important costs rise faster than the Social Security COLA, that means that retirees aren't able to purchase as much with their benefits. This can lead to older consumers going without essentials. Research by Johnson has found that Social Security benefits have lost 30% of buying power since 2000. "We encourage everyone to consider who you may know that might need help with food costs," Johnson says "Perhaps you can drop off a few groceries, or share your next batch of home - made soups, chili, or stews with others you know," Johnson adds. "Mercifully, this list of prices will likely change in time, especially as we get COVID-19 under control and people return to work," Johnson says. … Continued
