The "Notch" refers to a disparity in benefits that resulted when Congress changed the Social Security benefit formula in 197The changes affected seniors who became entitled to Social Security just two years later. The group born from 1917 through 1926 are known as "Notch Babies" because they receive lower Social Security benefits than other individuals with similar earnings histories..Social Security beneficiaries have lost nearly one-third of their buying power since 2000, according to the 2017 Social Security Loss of Buying Power Study released by The Senior Citizens League. The findings represent a big 7% loss in buying power just over the past 12 months, from 23% in 2016 to 30% in 201This occurred as inflation has begun to climb, but people receiving Social Security received an annual cost-of-living adjustment of just 0.3% for 201Housing and medical costs - particularly for prescription drug expenses - were among the most rapidly rising spending categories over the past year..A new analysis by The Senior Citizens League, one of the nation's largest nonpartisan seniors groups, indicates that changes the government has already made in the late 1990s to how it calculates the CPI have resulted in cutting the Social Security benefits of today's seniors by about 7 percent since 2000. Social Security recipients, who retired with average monthly benefits of about 6 in 2000, lost 7 this year alone, and about ,293 in COLA growth over the past twelve years. According to the analysis, the CPI changes that became effective by 2000 will cut more than ,000 of Social Security income from individuals who retired with average benefits over a 25-year retirement. "Chaining the COLA would further deepen the loss of benefits," says Larry Hyland, Chairman of TSC."People who have been receiving benefits for 12 years or longer have experienced an unprecedented series of extremely low cost-of-living adjustments," says Mary Johnson, a Social Security policy analyst for The Senior Citizens League. What's more those inflation adjustments do not account for rapidly rising Medicare Part B premiums that are increasing several times faster than the COLA. The situation is causing those with the lower Social Security benefits to see little growth in their net Social Security income after deduction of the Part B premium..Such a minimum guarantee would go a long way to protect beneficiaries in years when there is no COLA. Had such a 3% minimum COLA guarantee been in effect since 2009, the average benefit of ,075 in 2009 would be 5 per month/ ,580 year higher today - about 18%. A minimum COLA would also eliminate the problem of benefits remaining flat for years, at a time during periods when Medicare Part B premiums increase more than the COLA raises benefits..Last week, as part of the Executive Order effort, the Administration announced a set of actions designed to ensure the U.S. has access to the pharmaceuticals necessary for economic security, health security, and national defense..What Caused The Social Security Notch?.Even President Trump said this about his own party: "Every Republican wants to do a big number on Social Security," he said in one appearance. "They want to do it on Medicare, they want to do it on Medicaid..Non-citizens who are assigned a Social Security number on or after January 1, 2004, must receive legal work authorization at some point in order to file a claim for Social Security benefits. If they never get legal work authorization, then they can't legally file a claim. If at some point they do receive work authorization, as they would under immigration amnesty proposals, then all of their earnings would be used to determine entitlement for Social Security, even for jobs worked while illegal. If the worker kept records and could prove the earnings were theirs, the earnings would be re-instated to their authorized Social Security number and used to determine entitlement to benefits.

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As we look to the start of the 117th Congress, my commitment to seniors and workers is to fully support Social Security and Medicare and to oppose cuts to these vital programs. We have many challenges ahead of us. We must keep the economy moving and growing again as we fight coronavirus. Government spending must get under control. And we must ensure Social Security and Medicare works for today's seniors and future generations. There are ways to do both!.In the months ahead, TSCL will advocate tirelessly for the Social Security Guarantee Act, and we hope to see it signed into law before the end of the 114th Congress. For updates on its progress, visit the Legislative News section of our website, or follow us on Twitter..New legislation to help the economy and give relief to the American people is urgently needed because at the end of this week the 0/month that unemployed workers were receiving will expire. In addition, there has been an order in place stopping any evictions of people from their homes if they fell behind in the mortgage payments or rent. That also expires at the end of this week. … Continued

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Social Security coverage to persons who have not worked long enough under the system to draw benefits on their own account is of major significance in the debate to allow individuals to invest a portion of their Social Security taxes into private retirement accounts. As proposed, private Social Security retirement accounts would unlikely be able to provide the extent of coverage the current program now offers..Rep. Matt Cartwright represents Pennsylvania's 17th Congressional District, which includes Schuylkill County and portions of Carbon, Lackawanna, Luzerne, Monroe, and Northampton Counties. Cartwright serves on the House Committee on Natural Resources and the House Committee on Oversight and Government Reform..It's important for the public to understand how the bill would increase costs and affect access to health care. The May 4th House vote took place less than 24 hours after the revised bill was posted, and without the nonpartisan Congressional Budget Office's analysis of the new bill. "Meaning that House GOP Members voted without having adequate time to review the bill, knowing the full cost of the legislation or how the new changes in the bill would impact coverage for their own constituents," Johnson points out. "The public has a right to know that information prior to our elected lawmakers enacting legislation." … Continued

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