Upon introducing the bill, Rep. Schiff said, "We must work to ensure that public employees, just like retirees who have private pensions, receive the full Social Security benefits to which they are entitled. We have a responsibility to our educators, police officers, and fire fighters to act now to repeal these inequitable provisions, and ensure that hard work for the public good is justly compensated, even in retirement.".Because of your concerns in this regard, you will be pleased to learn of H.R. 1030, the Consumer Price Index for Elderly Consumers Act of 201This legislation would direct the Department of Labor to prepare and publish a monthly CPI for Elderly Consumers that indicates changes over time in expenditures for consumption that is typical for individuals 62 years or older. The bill would then amend current law to provide for the use of such new CPI in the computation of COLA increases for Social Security and Medicare benefits..The first day of each month - when big payments go out for Medicare reimbursements, military salaries, veterans' benefits, pensions for military and civilian federal employees and more - is particularly bad. The third day of each month and Wednesdays, when Social Security benefits go out, aren't great either. Interest payments to Treasury's creditors go out on the 15th and at the end of each month of beginning of the next..This week, TSCL announced its support for the Seniors and Veterans Emergency Benefits Act, which was introduced by Congressman Alan Grayson as a companion bill to Senator Elizabeth Warren's S. 2251.."Social Security Sees Slowdown in Retiree Rolls Amid COVID Deaths," Alexandre Tanzi, Bloomberg News, May 3, 202"U.S. Life Expectancy Drops A Year In Pandemic, Most Since WWII," Marilynn Marchione, Associated Press, February 17, 2021..President Obama Releases Budget Blueprint.If passed, the CPI-E Act would base Social Security cost of living adjustments on a consumer price index determined by the spending habits of elderly workers instead of the current formula geared toward younger members of the workforce..Social Security currently determines initial retirement benefits based on all earnings, even when individuals were working without legal authorization under stolen or fake Social Security numbers..Although the Social Security trust fund is often reported as being solvent until 2033, there are two separate trust funds, each with separate insolvency dates. The trust fund for the disability insurance program is in the biggest financial trouble and is estimated to become completely exhausted in 2016 or by 2017[1]. "With 2016 being a major presidential election year, either the next Congress will need to enact program changes next year, or risk running out the clock and triggering across the board benefit cuts," Cates points out.

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President Obama and House leadership are discussing support of a more "limited approach" to immigration reform. Under discussion is a plan to grant illegal immigrants limited legal status by providing the right to work in the U.S., but not citizenship..Medicare Advantage plan cuts. So far, seniors have not been widely affected by cuts to Medicare Advantage plans, but many of the changes in reimbursements to plans have not yet taken effect. TSCL remains concerned that the reimbursement cuts would cause plans to drop extra benefits like eyeglasses and hearing aids that they now provide. Of greater concern is whether plan payments will be adequate for insurers to maintain their contracts with Medicare to provide services. When Congress cut plan payments too deeply in the past, insurers pulled out of markets all over the United States, leaving millions of seniors scrambling to find another health plan - most often at higher out-of-pocket cost..Rescue committees may not even be needed for Social Security. The House is working on The Social Security 2100 Act introduced by Representative John Larson, and has the support of 208 co-sponsors. The bill would provide; … Continued

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The blueprint also calls for billion in Social Security cuts, and it would fully repeal the Affordable Care Act and replace it with the House-passed American Health Care Act. That change would leave millions of older Americans not yet eligible for Medicare without health insurance coverage due to high costs. It would also impact around 11 million Medicare beneficiaries who are also enrolled in the Medicaid program many of whom are patients in costly nursing home facilities..To learn more, see the Medicare Publication "Are You A Hospital Inpatient or Outpatient" Publication No.1143Call Medicare at..Another initiative announced on Monday will improve the quality and safety requirements for nursing homes and skilled nursing facilities. The new rule proposed by the Centers for Medicare and Medicaid Services will update the standards that have been in place for nearly twenty-five years. According to the administration, it will "improve quality of life, enhance person-centered care and services for residents in nursing homes, improve resident safety, and bring these regulatory requirements into closer alignment with current professional standards." … Continued

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