News

  • Legislative Update For Week Ending January 4 2013

    However, support in the House has gone to two bills of the bills, both of which moved forward this week: HR 5826, sponsored by Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee; and HR 5800, sponsored by Rep. Bobby Scott (D-VA), Chairman of the House Education and Labor Committee. While they each deal with the same issue the way they try to solve it is different. .On Thursday – one day later than promised – lawmakers on the House Ways and Means Committee released the text of legislation that will comprehensively reform the tax code if signed into law. Despite the delay, leaders in the House expressed their commitment to passing the legislation before the Thanksgiving recess begins on November 17th. Just eight legislative days remain before then. .With about 1 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. Located just outside Washington, D.C., its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. The Senior Citizens League is a proud affiliate of The Retired Enlisted Association. … Continued

  • Legislative Update November 2015

    Finally, in May, TSCL hosted a "Welcome Reception" on Capitol Hill for all Members of the 113th Congress and their aides. The event offered TSCL's Board of Trustees, legislative team, and staff the opportunity to speak with lawmakers about the issues that matter most to seniors. In total, more than 125 Members of Congress and/or staff were in attendance, and many of them expressed their support for key bills, making the event a great success. .Ask the Advisor: August 2021 Why Can't Legal Guardians Receive Social Security Benefits on Behalf of Grandchild? .If signed into law, S. 960 would base Social Security cost-of-living adjustments on the Consumer Price Index for Elderly Consumers (CPI-E) and gradually phase out the cap on income subject to the payroll tax. … Continued

I worked in a California city police department for 30 years and I'm now entitled to a pension. For the past 8 years, I've also paid into Social Security for. Q & 038; April/May 2020 How Much May I Earn in the Year I Turn Full Retirement Age? .Participants in The Senior Citizens League's surveys indicate that household medical expenses consume a significant portion of their monthly income. More than 39 percent of respondents to a recent survey say that they spend more than 0 per month on Medicare and other healthcare costs. In 2020, the average Social Security benefit is ,460, but the 1.6 percent COLA raised the average Social Security benefit by only .40 per month this year. The following chart illustrates ten of the fastest growing retiree costs since 2000. .The TSCL report which contains Social Security Administration (SSA) data from 1937 through 2013, includes the following findings: . Recently I read about a stimulus proposal that would allow people who are out of work to access ,000 of Social Security benefits in advance, in exchange for waiting a few months longer to get benefits when. Ask the Advisor: April/May 2020 I'm Entitled to a Pension for Work as a City Cop… .The amount of the credit will increase for many taxpayers. .That's because COLAs are currently based upon the way young, urban workers, rather than seniors spend their money. The Bureau of Labor Statistics (BLS) uses an inflation index called the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). It regularly underestimates the spending inflation that seniors experience since it fails to capture the rising costs of medical care, upon which older Americans spend a disproportionate share of their income. .My Ex Passed Away. Can I Claim A Widower's Benefit? .As of yet the White House has not put out President Biden's plans for drug pricing legislation, or how strongly they will push for it. .Legislation to allow the importation of less-costly FDA-approved prescription drugs from Canada and other nations is still pending in Congress, and TSCL continues to work for enactment. Seniors like you and your wife who order prescription drugs by mail from Canada faced a particularly tough decision about Medicare Part D. Either you enroll in a Part D plan and quite likely pay more than you do now, or don't enroll and face the risk of paying a steep penalty if you change their mind and sign up after the May 15 deadline.