News
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Congressional Corner Windfall Elimination Provision Government Pension Offset Punishing Public Sector Employees
What does this new "pay for performance" mean for patients? Not much is known yet, but I got a first - hand experience of the new system recently. One of my doctors, a specialist, told me that due to a "quality initiative reorganization," he wouldn't be seeing me as a patient anymore. I'll have to find a new doctor. .In 2019 you are allowed to earn ,640, or ,470 per month. If, for example, you were to earn ,000 this year then you would have ,180 withheld from your Social Security benefits. Your earnings would be ,360 in excess of ,640. Half of that is ,180. The Social Security Administration collects this by withholding your monthly Social Security payments until it collects the ,180. Let's say you get a retirement benefit of ,000, that could mean Social Security would withhold your entire Social Security benefit for the next seven months. Once the ,180 is collected the difference will be sent later. .Of the more than 1,200 people who participated, 766 sent in comments. Most described their personal challenges in meeting their healthcare expenses. In what may be a sign of the times, a surprising number indicated they are working far longer than they ever thought they would, even into their late 70's and 80's, because they don't have enough to live on after paying their healthcare costs. Even seniors who do have good Medicare supplemental and drug coverage described how they keep costs in check by asking their doctor to prescribe generics, filling prescriptions for 90 days, splitting pills, and sticking to preferred pharmacies. … Continued
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Category Legislative News Page 20
This week, lawmakers in the House and Senate adjourned for a week-long holiday recess. They are expected to return to Washington on Tuesday, June 5th. In the meantime, many Members of Congress will be attending local events or hosting town hall meetings in their home states and districts. .The Obama Administration and proponents of Obamacare have continued to downplay the cancellations of the health insurance of 4.7 million individual policy-holders (including yours truly) who received notices that our polices would be ending in 2014 because they didn't comply with the new healthcare law. I was able to temporarily renew my so-called. .Now, another warning has been issued that some sanitizers made in both the U.S. and China contain benzene, a chemical known to cause blood cancers such as leukemias. … Continued
Gang of Eight Defends Immigration Reform Plan .TSCL would like to remind you that Members of both the House and the Senate will remain in their home states and districts until Monday, September 10th. We encourage you to contact your Members of Congress to request their support for fair cost-of-living adjustments, Notch fairness, and other issues affecting seniors. .The issue is of huge importance. Feds Shut Down .2 Billion Medicare Scheme — Finally , editor .Continuing Resolution Debate Grows Complex .Why Are My Social Security Benefits Taxed? This Is Double Taxation! .This week, one House Subcommittee approved a draft Medicare physician payment reform bill. In addition, The Senior Citizens League (TSCL) announced its support for legislation introduced by Rep. Dana Rohrabacher (CA-46), and four key bills gained new cosponsors. .This legislation will also create "Social Security Administration Senior Centers" as pilot projects in 10 SSA field offices that will work to streamline the application and delivery processes of federal, state and local programs that serve low-income elderly or disabled individuals. .The group of retirees born from 1917 through 1926 (1), who became eligible for retirement benefits immediately after the 1977 law changes, was affected. Those born during the Notch years generally received substantially lower benefits than those paid to retirees born before and after them. When represented on a chart, the disparity in benefits forms a deep "V" notch, hence the name. .Should Congress approve the ,000 Lump-Sum Settlement, you would continue to receive your monthly Social Security benefit without any adjustment. However, as the legislation is written, you will have a choice of annual additional lump-sum payments OR an increased monthly check.