Blog Education Department Releases Application For Higher Education Emergency Relief Fund"Even under limited immigration reform that provides only work authorization and a valid Social Security number, immigrants would become entitled to Social Security benefits," Cates says. "Citizenship is not a requirement to receive benefits," he adds. But with Congress and President Obama debating cuts to Social Security, seniors are lining up against reform that would allow millions of new immigrants to benefit from work under fraudulent numbers. A recent TSCL survey found that 87 percent of seniors strongly favor prohibiting payment of Social Security benefits that are based on earnings from unauthorized work. TSCL supports immigration reform measures that would prohibit earnings from work prior to gaining legal authorization for use in determining Social Security benefits..In the report released on Wednesday, the trustees estimated that Medicare beneficiaries will see a Part B premium increase of nearly per month next year, from 1.80 to However, due to the hold harmless provision, most beneficiaries will continue paying a monthly premium of 4.90. That's because experts are projecting another record-low Social Security cost-of-living adjustment for 201The trustees estimated that a 0.2 percent COLA will be paid next year, which would amount to a mere per month benefit increase for someone receiving a ,000 monthly check..Forty-nine years ago, President Lyndon B. Johnson signed Medicare into law and by doing so made a solemn agreement with every single American. Simply put, if you work hard and play by the rules, Medicare will be there for you when you retire. … Continued
Chalk Art With A Powerful MessageIn order to cover shortfalls - in 2021, and every year thereafter - the Social Security Trust Fund will liquidate the special issue bonds it holds in order to pay scheduled benefits until the program becomes insolvent. According to the Social Security Trustees in 2020, without Congressional action, the combined Social Security Trust Fund will become insolvent around 2034, a little more than ten years from now. At the time of insolvency, Social Security will only receive enough revenues to pay about 77% of benefits. In other words, Congressional inaction could result in an automatic benefit cut of about 23%..As we continue recovering from the Covid 19 pandemic, TSCL remains constant in our fight for you to protect your Social Security, Medicare, and Medicaid benefits. We've had to make some adjustments in the way we carry on our work, but we have not, and will not stop our work on your behalf..A COLA as low as 1.2% increases the risk that Medicare Part B premiums for 2020 would take the entire amount of any COLA increase for many beneficiaries. This would be especially true for any Part B increase around .00 per month. … Continued
