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This issue gets considerable attention from Members of Congress and the media. These findings are a huge red flag that the standard of living of older Americans is eroding, and this is true not only for lower income households, but for all retirees, because healthcare costs are growing much more rapidly than COLAs. To provide greater retirement security, Social Security benefits need to be boosted, and Medicare cost increases need to be slowed in a way that saves billions without cutting benefits. The Senior Citizens League is supporting the Emergency Social Security COLA for 2021 Act, which would replace the 1.3 percent COLA with a more adequate 3 percent COLA in 202How were you affected by healthcare costs in 2020? Please take our TSCL's 2021 Senior Survey..Get the spiel. Keep pen and paper close to your phone and the next time you get the call, write down the offer. Without giving away any of your own information stay on the line to talk to an agent. What is the item or service and what are the terms?.The U.S. Bureau of Labor Statistics estimates that older households spend more than 46% of annual household budgets on housing. That includes not only a mortgage, but also real estate taxes, homeowners' insurance, maintenance and repairs, appliances and home furnishings, heating and cooling, electricity, water, and gas. Many older homeowners often pay for landscaping and housekeeping services as well..This week, budget conferees released their fiscal 2016 blueprint, and lawmakers in the House voted in favor of it. In addition, The Senior Citizens League announced its support for one new piece of legislation the Protecting and Preserving Social Security Act..Last month the Trump administration reported that a future COVID-19 vaccine would be free for nearly all Americans, except for seniors with traditional Medicare coverage..That doesn't mean that a budget agreement is completely out of the question or the much more unlikely scenario that Congress won't get paid. The No Budget No Pay Act holds Congressional paychecks in escrow, and, by law, will release the funds either when a budget agreement is reached, or on the last day of the 113th Congress, which ends on December 31, 2014..I'll always have the backs of our seniors, and I will ensure you all have the help you need and to protect against those who seek to take advantage of you. We all know this is going to take a fight. I'm hopeful that, with the Senior Security Act, we will help create real and lasting change, and I will be here, fighting by your side, every step of the way..Scientists in China, Kazakhstan, India, Russia, Germany, Sweden, and the United States have brought 10 potential COVID-19 vaccines to the point where they are being evaluated in humans in some form. Another 115 are considered by the World Health Organization to be in the "preclinical" stage of development. In some cases, these preclinical vaccine candidates are scarcely off the drawing board. In others, they are still being tweaked or tested in cells. Some are being tried in lab animals..benefits, your initial benefit amount will be 25% higher at your full

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According to The Social Security Trustees, the Disability Insurance Trust Fund is expected to become fully insolvent by the end of next year. Without Congressional action, Social Security trustees estimate there won't be enough tax revenues to pay full scheduled disability program benefits at the end of 201More than 10 million disabled beneficiaries and their dependents face cuts of about 19% in their monthly payments if nothing is done..With Medicare outlays spiraling due to outlays for COVID-19, Congress recently passed legislation to head off an expected Part B premium spike, by restricting the increase for 202TSCL has been warning about the potential of a low cost of living adjustment and spiking Medicare premiums since July of this year..Lower revenues from the taxation of Social Security benefits. About 4% of Social Security's financing comes from the taxation of benefits. Because many retired household incomes were impacted by lower earnings, along with business and retirement account losses in 2020; the amount of revenues from the taxation of Social Security benefits was lower in 2020. … Continued

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Payments for smoking cessation programs..Even with the vaccine there is still a 1 in 20 chance of getting the virus. The vaccine will prevent the symptoms of the virus from occurring. In other words, it will prevent you from becoming sick, or at least horribly sick. But you could still carry the virus and pass it on to others who are not yet vaccinated..Social Security Benefits Slowed Amid COVID-19 Deaths … Continued

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