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 ...
Category: Cost of Living Adjustment (COLA) Articles
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 ...
COLA Cuts “Easy Money”?
With deficit reduction negotiations running into the federal debt limit deadline, cost-of-living adjustment (COLA) cuts remain on a short list of dwindling options for Congressional leaders and the White House. With ...
Does The Social Security COLA Overpay Seniors? Deficit Cutters Say COLAs Need A “Trim”
Alexandria, VA (June 14, 2011) Cost-of-living-adjustments (COLAs) are "overpaying" Social Security recipients, and the government needs to switch to an "improved" method of measuring inflation that will give them a "smal ...
President’s Fiscal Commission Is Making The Case For Backdoor COLA Cuts
By Mary Johnson Your cost-of-living adjustment (COLA) “overpays” you. Yes, that is an outrageous statement — especially since you haven’t gotten a COLA boost for two years. Nevertheless, calling it “The Moment of Trut ...
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