TSCL Believes Benefits At Stake The amount of money that the federal government owes to its creditors — including the Social Security and Medicare Trust Funds — is now estimated to be as big as the entire U.S. economy ...
Category: Cost of Living Adjustment (COLA) Articles
No Deficit Reduction Plan? What Happens Now?
TSCL Senior Petitions Help Fend Off COLA Cuts The failure of the “Super Committee” to release a deficit reduction plan for a vote has Congress facing what some describe as “a ‘time bomb’ of its own making.” The failure ...
Seniors! How Did Two Years Without A Cost-of-Living Adjustment Affect You?
After two years without any cost-of-living adjustment (COLA), Social Security recipients will receive a sorely-needed 3.6% boost in 2012. Seniors are reporting that during the past two years of living without a COLA, the ...
Medicare Part B Premium Rises — How Much Will It Take Of Your COLA?
The Medicare Part B premium (covering doctors and outpatient services) is rising for most seniors in 2012. The Centers for Medicare and Medicaid Services recently announced the base monthly premium will be $99.90. Th ...
COLA 3.6% Next Year
TSCL Fights Plan To Cut COLAs For the first time in two years, seniors will get a cost-of-living adjustment (COLA) starting in January. But whether they see a boost in their bank statements is another matter. The So ...
Ask The Advisor: October 2011
Will We Get A COLA in 2012? Q: Can I expect a cost of living increase this next year? Something needs to happen! A: Something does need to happen. Seniors haven’t received any cost of living adjustment (COLA) ov ...
“Chaining” COLAs Still Under Consideration
“Chaining” COLAs Still Under Consideration By Mary Johnson The past two years without a cost-of-living adjustment (COLA) felt like the government clamped a lid on benefits. Now a Congressional debt reduction commit ...
“Chaining” COLAs Still Under Consideration
“Chaining” COLAs Still Under Consideration By Mary Johnson The past two years without a cost-of-living adjustment (COLA) felt like the government clamped a lid on benefits. Now a Congressional debt reduction committee ...
Legislative Update: September 2011
By Mike Watson, TSCL Legislative Assistant The Senior Citizens League (TSCL) often hears from seniors who, in their advanced age, have drawn down all of their assets and are relying solely on Social Security as their ...
COLAs & Medicare Remain on Deficit Reduction Cutting Table
Under growing pressure to reduce the federal deficit, the prospect of major Social Security and Medicare cuts is the greatest it’s been in almost three decades. The recent debt limit deal calls for a bipartisan committe ...
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