State Legislatures Magazine Statestats February 2016Another participant, Walgreens, will begin using its federal doses on Feb. 12..Your own retirement benefit would be low if you were to take it at age 64 - prior to reaching your full retirement age. Full retirement age at which you start receiving full, unreduced benefits, is rising. For people born in 1956 your full retirement age is 66 and 4 months..Thank you for signing a petition organized by The Senior Citizens League on various issues dealing with Social Security that are important to our nation's elderly. As a Representative of one of the largest number of Social Security recipients in the Congress, please know that I will always work to ensure that those who rely on this program have access to the benefits they have been promised. Making certain that this safety net for our seniors remains fiscally secure in the future is a very serious matter that needs to be lifted above any partisan fray and dealt with in a responsible bipartisan manner that benefits young and old Americans alike. … Continued
Anna RouwWall Street economists are in the midst of a growing debate over whether we are in for "the return of inflation.".While that is certainly better than 2010 and 2011 when inflation was so low that no COLA was paid for two years in a row, it's unlikely to cover seniors' real cost increases. Earlier this year we surveyed our readers and 89% reported that the 1.7% COLA in 2013 increased benefits by less than per month. On the other hand, almost the same number, 88%, reported that their total monthly expenses rose by more than Unfortunately the majority of those people, 40%, said that their monthly costs rose by more than 9..Nonetheless, this weekend the President said he will carry out his threat and veto the bill. It is not clear if all Republican members of Congress who voted for the bill will do so again and override Trump but there were large enough majorities in both houses that they could lose a few votes and still override. … Continued