State Of State Legislatures 2021 Oas Episode 117Social Security beneficiaries receive a small automatic increase in their Social Security checks most years, intended to help their benefits keep up with rising costs. But since 2000, COLAs increased benefits a total of just 43 percent while typical senior expenses have jumped 86%. When costs climb more rapidly than benefits, retirees must spend down retirement savings more quickly than expected, and those without savings or other retirement income are either going into debt, or going without..As we said, TSCL is supportive of intentions of these, and other efforts on the part of both parties to lower prescription drug prices. However, we also have our own concerns..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
Blog Public Policy.senior who hadn't seen a doctor in years, despite being a smoker. It took some.The fact that there are actually two Social Security trust funds is important when you break down the numbers behind the trust funds' cash deficits. According to the Social Security Trustees' "intermediate" projections, the OASI trust fund would run a cash deficit of billion in 2010, and the DI trust fund a billion cash deficit. … Continued
