While most people have rebounded, too many mature workers are still struggling to find work, much less a good-paying job. According to a survey by AARP, half of mature workers who experienced unemployment between 2010-2014 were still looking for work five years later. .Because of the coronavirus, however, the BLS has been unable to gather much of the information from those two categories. Therefore, although they do not use the word, they are going to guess at those costs. It may be an educated guess, but it is still a guess, nonetheless. .When you buy an immediate annuity, you give up control of a hefty lump-sum of your retirement savings and you can't change your mind and get your money back once you buy it. When you and your beneficiary die, no money goes to your heirs. .However, in tough economic times, our seniors — many of whom live on fixed incomes — get hit the hardest. From increasing medical expense costs to the rising cost of living, our seniors are facing greater economic insecurities. This is why we must protect Social Security from cuts and work to lower medical costs for this generation and the generations to come. .That said, the SSDI program paid .2 billion in benefits to ineligible people in FY2012 according to the Social Security Administration's Office of the Inspector General. And skyrocketing enrollment is putting added financial strains on the program. Both the Social Security Trustees and the Congressional Budget Office have recently forecast that the SSDI trust fund will become fully depleted in three years. When that occurs, program revenues will only be sufficient to pay about 80% of benefits. Unless Congress takes action, severely disabled beneficiaries would face benefit cuts of 20%. .A majority of those at this week's hearings, however, were strongly opposed to the IPAB. Multiple Members referred to it as the "denial of care board," and Ranking Member of the Energy and Commerce Committee Frank Pallone (NJ) called it the fruits of a "growing, imperialistic presidency." Critics believe that it will undermine Congress's ability to represent their constituents, and that elected officials — not a Board of Presidential appointees — should be legislating healthcare policy. .To remedy this problem, TSCL supports Social Security "caregiving credits." These credits would be applied to a worker's Social Security earnings record to make up for years when people took time out of their working careers, and earned little or zero income, because they were caring for children, spouses, or older family members. .While the policy will mean that Medicare would spend less, patients will spend more— often, a lot more, and the charges would broadside most beneficiaries, coming as a complete surprise. TSCL is strongly opposed to this type of backdoor benefit cut, and has written a letter to President Biden urging him to rescind this CMS rule. Please sign our petition! .This week, one new cosponsor – Rep. Rich Nugent (FL-11) – signed on to the No Social Security for Illegal Immigrants Act (H.R. 1716). The cosponsor total is now up to thirty-two.