The study examined the increase in costs of 39 key items between 2000 and January 201The items were chosen because they are typical of the costs of most Social Security recipients, and include expenditures like the Medicare Part B premium, that are not measured by the index currently used to calculate the COLA. Of the 39 items analyzed, 25 exceeded the percentage of increase in the COLA over the same period. "This study illustrates why legislation is needed to provide a more fair and adequate COLA," Johnson says. "To put it in perspective, the same 0 worth of groceries that a retiree household could buy in 2000, can only buy worth today," Johnson adds..However, it remains uncertain whether lawmakers will be capable of negotiating the details of a long-term spending plan in just two weeks. Should they fail to do so, they will either need to pass a short-term continuing resolution to keep the government operating or allow the federal government to shut down.."Social Security Administration Actuarial Score," HR. 1314, Stephen Goss, Social Security Administration Office of the Actuary, October 27, 201"Time To Close A Social Security Loophole?" Alicia H. Munnell, Market Watch, March 19, 2014..President once more calls for Payroll Tax Cut.Medicare fraud, abuse, and wasteful spending are problems that continue to affect all Americans. Attorney General Eric Holder estimates that fraudulent Medicare activities cost taxpayers an estimated billion a year. The staggering figure has contributed to rising costs that are passed on to beneficiaries. Lawmakers and administrators are seeking alternative measures to reign in Medicare's out-of-control costs to seniors..Before a company's drug patent expires, manufacturers of generics race to file lawsuits to challenge the patent. The company that wins gets a six-month period of exclusive sales to sell the drug. While this doesn't always happen, when it does it can delay real market competition until several manufacturers start making the generic version..Increase Social Security's minimum benefit so that workers who pay into Social Security for 30 years can retire at 62 or later and have benefits above the federal poverty line..TSCL survey participants are strongly supportive of legislative proposals that would modestly boost Social Security benefits, with 78 percent supporting the proposal. In addition the survey found that 86 percent support boosting the COLA by tying the annual COLA to the Consumer Price Index for the Elderly, which would tend to provide a modestly higher COLA in most years..My Social Security benefits are reduced because I receive a government pension. I started benefits at age 70. My wife worked in a private sector job and started Social Security at 6If I pass on would her Social Security survivors benefit based on my account be reduced because of my government pension? She is not eligible for benefits from my pension. My current benefit is ,320.00 versus about ,842.00 without the penalty.

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If you or a family member have limited income and have trouble paying Medicare premiums and out-of-pocket costs, Medicare Savings Programs may help. If you qualify, you may get help paying for your Medicare premiums and deductibles and coinsurance if your income and savings meet the limits. In addition, you automatically qualify for Extra Help paying the costs of Medicare prescription drug coverage..Following the reception, the Board of Trustees and TSCL's legislative team spent the afternoon meeting with six Members of Congress and their top aides. Support was expressed for a number of key bills, including the Consumer Price Index for Elderly Consumers Act, the Notch Fairness Act, and the Social Security Fairness Act, among others..Also this week, seventeen new cosponsors signed on to Rep. Rodney Davis's Social Security Fairness Act, bringing the total up to thirty-eight. In addition, one new cosponsor signed on to Sen. Mark Begich's Social Security Fairness Act in the Senate, bringing the total to four. Both bills, if signed into law, would repeal the Government Pension Offset and the Windfall Elimination Provision two provisions that unfairly reduce the earned Social Security benefits of millions of teachers, firefighters, peace officers, and other state or local government employees each year. TSCL firmly believes that the GPO and the WEP should be repealed immediately so that dedicated public servants receive the retirement security they deserve. H.R. 1795 and S. 896 would do just that, and we were pleased to see eighteen new cosponsors announce their support this week. … Continued

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Individuals with incomes above ,000, or couples with incomes above 0,000..June 2007.Currently, the two vaccines available are produced by Moderna and Pfizer. However, a vaccine from Johnson and Johnson could become available within the next few days. And there could be one or two more available in a few more weeks. … Continued

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