Care What You Should Know About Your Aging ParentsThis week, lawmakers returned to Capitol Hill and two committees held hearings to discuss the opioid epidemic. In addition, The Senior Citizens League saw support grow for several key bills..delayed retirement credit which is 8.0% per year until age 70 (if you reached."Using that criterion, the Social Security reform trigger has already been pulled," Johnson notes. In their latest report, the Social Security Trustees say the combined retirement, survivors, and disability Trust Funds will exceed total income by increasing amounts starting in 2022 and will be depleted in 2034, well within the 75-year period called for in the budget resolution. … Continued
1 10TSCL would like to thank Reps. Allen West, Madeleine Bordallo, Cedric Richmond, Tom Marino, and Bill Posey for taking the time to discuss the issues that are most important to our members and supporters. TSCL also met with Anna Gonzalez, Rules Associate for Rep. Alcee Hastings, and Brett Richards, Legislative Assistant to Rep. Steven Palazzo..TSCL believes a cap of ,000 to ,000 out-of-pocket, particularly for people who don't receive any "Extra Help" to cover drug costs and out-of-pocket spending, would provide much needed protection that would significantly reduce the current impoverishing level of mandated out-of-pocket spending..The part of Social Security that pays old age and survivor benefits is projected to become insolvent in just 14 years. The Social Security fund that pays disability benefits is projected to last longer until 206But that fund is much smaller and even if money were diverted from it to the old age fund, it would only last for an additional year. … Continued