Under current law, when noncitizens receive a valid work-authorized, Social Security number, all earnings, from authorized and unauthorized work count toward qualifying for and determining benefits. Under an amnesty, potentially hundreds of billions in earnings under invalid Social Security numbers could become the basis for calculation of Social Security benefits as unauthorized immigrants change status, eroding program financing more rapidly and raising the possibility of more benefit cuts..Social Security's combined Old-Age and Survivors Insurance and Disability Insurance Trust Funds will be fully funded until 2035 one year later than was projected in last year's report. At that point, if nothing is done by Congress, Social Security would still have the funds to pay out 80 percent of scheduled benefits using tax revenues alone. The Trustees also estimated that Medicare's Hospital Insurance Trust Fund will be fully funded until 2026, at which point the program would still be able to pay out almost 90 percent of scheduled benefits using tax revenues..Should I Drop Medigap For Medicare Advantage?.TSCL Supports New Legislation.As a non-partisan, non-profit seniors organization, TSCL does NOT endorse candidates in presidential or congressional races. Our mission is to educate the public about Social Security and Medicare benefits and about legislative proposals that would affect Americans' retirement security. We urge you to make sure your voter registration and your photo ID's are up–to–date, especially if you have moved recently. We encourage all of you to vote this November!.On Monday, the non-partisan Congressional Budget Office released its highly-anticipated report analyzing the AHCA legislation from Republican lawmakers that would replace the Affordable Care Act if signed into law..According to Congressional Quarterly, appropriators will begin conference negotiations to reconcile their fiscal 2015 bills this summer, leaving plenty of time before the mid-term elections and the October 1st start of the fiscal year. In the meantime, TSCL will continue to keep a close eye on the Labor-HHS-Education measure, since significant funding decreases could negatively impact the Social Security and Medicare programs..Of concern to Social Security recipients, however, are not only what categories and items are included in the CPI, but also whose market basket the government is surveying, and the fairness of the "weight" or estimate of the portion of income they represent that the Bureau of Labor Statistics assigns..H.R. 2787, CPI for Seniors Act If adopted, H.R. 2787 would mandate the monthly formulation and publication of a consumer price index specifically for senior citizens for the purpose of establishing an accurate Social Security COLA for beneficiaries.

Vaccine Monitor Some Who Were Hesitant To Get A Vaccine In January Say They Changed Their Mind Because Of Family Friends And Their Personal Doctors

The move is undoubtedly an attempt to head off political fall-out from what is turning into a major issue with senior voters in 2014 - President Obama's broken promise, "If you like your health plan, you can keep your health plan." According to a recent TSCL poll, 58% of seniors say that they are worried that their health plan could be cancelled this year. Seniors aren't the only ones who are worried - so are Members of Congress - from both sides of the aisle..visiting the government's National Clearinghouse for Long Term Care Information.The switch to the chained CPI was seriously considered in the closed-door debt limit meetings by Congressional leaders and President Obama earlier this summer. It forms the basis of not just one, but several, of the most prominent debt reduction plans currently under debate. Chaining the CPI has won support from both Republican and Democratic lawmakers, and most deficit reduction proposals call for putting it into effect relatively soon. … Continued

2015 Election Legislation Enacted By State Legislatures635894861

Economic forecasts for 2013 warn of a financial crisis ahead. Nobody is feeling it more acutely than seniors living on fixed incomes. Retirees and disabled adults won't see much of a cost-of-living adjustment increase in benefits this year. At 1.7%, the 2013 is one of the lowest ever paid, not counting 2010 and 2011 when no COLA was payable at all. Timing couldn't be worse..Social Security currently determines initial retirement benefits based on all earnings, even when individuals were working without legal authorization under stolen or fake Social Security numbers..Now a leading budget policy organization is pushing Congress to fully offset the cost of building the wall and other new spending and tax cuts with entitlement cuts - specifically, adopting the more slowly-growing Chained Consumer Price Index to calculate annual Cost of Living Adjustments. That's a change that would cut federal spending by about 0 billion, the group estimates. … Continued

Contact Atavista Farm Today!