The retirement pensions of most average Americans, however, have not received the same level of dedicated protection from our elected lawmakers over the years. In 1977, Congress enacted changes to the Social Security benefit formula that cut benefits for persons who first became eligible to retire just two years later. Because of flaws in the transition and unexpectedly high inflation during the period, benefit reductions were even greater than anticipated. Seniors born from 1917 through 1926, known as Notch Babies, receive lower benefits than other seniors with similar work and earnings records. According to studies for TSCL, Notch Babies' benefits are ,000 to ,000 per year lower, on average, than those of other retirees with similar work and earnings records.."Medicare Beneficiary Savings and the Affordable Care Act," Department of Health and Human Services, February 201"Reliance on Capital Gains and Dividend Income Tends to Rise with Age," Tax Foundation, December 2005..The difference in drug prices between the lowest and highest costing plans, can be in the hundreds, or even thousands, of dollars. For brand name and specialty drugs, the most frequent reason that the drug costs so much more in the highest costing plan is lack of coverage. The drug is not listed on the high cost plan's formulary. For example, the lowest cost plan for Sovaldi, a drug used to treat Hepatitis C, charges ,600 in co-insurance. The highest cost drug plan charges 0,800, the full cost of the drug, because Sovaldi is not on the plan's formulary..Currently, because the Trust Funds are a part of the unified federal budget, Congress regularly uses the "excess funds" those not immediately needed for purposes other than to pay out benefits. TSCL believes that this practice is fundamentally unfair to current and future beneficiaries, and because both programs are facing insolvency within the next two decades, we believe it is now more important than ever for Congress to end the irresponsible practice. TSCL enthusiastically supports the Social Security and Medicare Lock-Box Act, and we look forward to working with Congressman Walberg in the coming months to help build support for it..Meanwhile, the House of Representatives announced they will also be taking the usual August recess if they get needed legislation passed before then..The Congressional Budget Office estimates the House GOP's American Health Care Act that passed in the House cuts federal spending on Medicaid by 4 billion over ten years, a funding cut of 25%. The Senate's health care bill would cut Medicaid even more deeply, by using a more slowly-growing inflation index to adjust reimbursements to states..I recently learned that my ex-spouse passed away due to the coronavirus. He was older than I am, and had already started Social Security. He was getting about ,875 before we divorced. I'm remarried now, but my husband hasn't started benefits. He's only working part time. Would I possibly qualify for Social Security widower's benefits based on my ex-husband's Social Security?.We tell more about all of those below..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.

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A controversial "Medicare" tax on net investment income that was signed into law shortly after passage of the 2010 Affordable Care Act is expected to once again come under debate according to The Senior Citizens League. "During the battle over The Affordable Care Act, a new source of funding - a 3.8% Medicare Net Investment tax was enacted - presumably as means to strengthen Medicare funding," says Mary Johnson, a Medicare policy analyst for The Senior Citizens League. "But the truth is those revenues, which the Joint Committee on Taxation estimates to be .5 billion for 2021, never actually made it into the Medicare Part A Trust Fund," she says.".According to the Congressional Budget Office, a growing share of the government's spending for Social Security is going to pay for disability benefits.[iii] Between 1990 and 2012, the ratio of disabled recipients to retirees changed dramatically, increasing 112.5%, from 3.2 to 6.7 beneficiaries per 100 covered workers.[iv] In testimony to the House Subcommittee on Social Security, the Congressional Budget Office said that legislation enacted in 1984 expanded the ways in which people could qualify for the DI program, which included allowing symptoms of mental illness and pain to be considered even in the absence of clear - cut medical diagnosis. In addition, disabled beneficiaries also receive coverage under Medicare, regardless of age, after a 24 - month waiting period..Congress has the ability to prevent these reductions before they take effect, but the questions is - will it do so? Legislation proposed in 2020 would protect the retirement benefits of individuals who were born in 1960 from declining. But TSCL is concerned that some Members of Congress may balk at taking timely action. To prevent lawmakers from looking the other way, they need to hear from as many constituents as possible to take action to protect retirement benefits. "These are benefit cuts that are directly caused by COVID-19 and should be addressed by emergency legislation, or in a comprehensive bill that would correct this problem. In addition, Social Security benefits still need to be boosted for all retirees," says TSCL's Executive Director, Shannon Benton. … Continued

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Key Bill Gains Support.However, House Appropriations Chair Hal Rogers remains optimistic and is pushing members of the committee to move quickly. He set a November 20th deadline for each subcommittee to preconference their sections of the omnibus bill. Any work that is not finished by the subcommittees this week will be handled by the leaders of the full Appropriations Committee..Use call block technology. If you have a smart phone, you can block calls from unknown numbers. Some land line phones also have similar technology. … Continued

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