You would be FAR better off waiting until after you turn 66 to start benefits at your full retirement age. After reaching full retirement age, you can receive benefits and earn as much as you want with no reduction to your benefits..TSCL agrees that the WEP and the GPO must be repealed as soon as possible so that public employees receive the retirement benefits they have earned and deserve. We look forward to working closely with Sen. Brown in the coming months to help build support for his important new bill..Reps. Steven Rothman and Michael Michaud signed on to Rep. Charlie Gonzalez's CPI-E Act. The co-sponsor total is now at 33..Rep. Charles Gonzalez introduced this bill on January 26, 201It has since been referred to the Ways and Means Subcommittee on Social Security and to the Committee on Education and the Workforce..Consumer price index data show that the rate of inflation has changed significantly over the past decade, and has yet to return to the average rate during the decade prior to the 2010 Great Recession. From 1999 to 2008, COLAs averaged 3%. Since 2010, however, the COLA, which is tied to the increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers, has averaged just 1.4%. Since that year, inflation has been so low that there was no COLA payable three times - in 2010, 2011, and 201In 2017, inflation was almost zero at just 0.3 percentage point. This is not normal, and research on the costs experienced by older Americans indicates the COLA often doesn't reflect inflation that retirees actually experience..This week, lawmakers returned to Capitol Hill following the month-long August recess and quickly passed legislation to temporarily fund the federal government and lift the debt ceiling. In addition, one House Subcommittee held a hearing to discuss the Social Security Disability Insurance program, and one Senate Committee met to debate the future of the Affordable Care Act..Ask for an adjustment and get your money back. To establish the appropriate charge for your mother's 2011 prescriptions, you will need to ensure that your mother's 2011 drug card information is correctly entered in the pharmacy's system. You will also want to have the following documents on hand:.The Senior Citizens League is pleased that lawmakers acted swiftly and responsibly to avert a government shutdown and an unprecedented default on the federal debt. Failing to do so could have resulted in delayed Social Security checks and reimbursements for health care providers who treat Medicare patients. Lawmakers now have until early December to negotiate a broader funding bill to keep the federal government operating. For progress updates, follow TSCL on Facebook or Twitter..Recent healthcare reform legislation gradually reduces what beneficiaries must spend when they reach the Part D doughnut hole or gap in coverage. Medicare consumers who hit the doughnut hole receive a 50 percent discount on brand name drugs and a 7 percent discount on generics in 201While that's good news, don't breathe any sighs of relief just yet. Seniors and the disabled who hit the doughnut hole must still spend ,448 in total drug costs in 2011 before they reach catastrophic coverage period.
