(Washington, DC) – Susan Gross, a 66 - year old retired office assistant living in Central Virginia, spends most of her day caregiving. Her 46-year-old son, who is disabled from cerebral palsy, lives with her, as does h ...
Category: Issues
Social Security Benefits Lose 33% of Buying Power Since 2000
(Washington, DC) Social Security benefits have lost 33 percent of buying power since 2000, according to the latest Social Security Loss of Buying Power Study released today by The Senior Citizens League. “One would thi ...
Social Security Expansion Gets New Attention in US House
The idea that Social Security benefits should be modestly boosted, with an across-the-board benefit increase and a more generous cost-of-living (COLA) adjustment, is getting some serious attention in the U.S. House of Re ...
Failing to Lift Debt Limit Would Be “Disastrous” For Social Security and Medicare
The federal government shutdown that occurred from midnight December 22, 2018, until January 25, 2019, was the longest in U.S. history. It was so disruptive that an analysis from Standard and Poor’s (S & P) estimate ...
Benefit Bulletin: May 2019
When You Can’t Afford Your Prescription Drug Costs, Apply for “Extra Help” Rick Delaney, Chairman, TSCL The high cost of prescription drugs has been the topic of recent Congressional hearings. The combination of h ...
“Senior CPI” Would Provide More Adequate Social Security COLA Next Year
By Mary Johnson, editor This may be difficult to believe, but consumer price index data suggests that the annual Social Security cost-of-living adjustment (COLA) for 2020 could be close to zero next year — a mere 0.5 ...
S. 1132, Protecting and Preserving Social Security Act
If adopted, S. 1132 would base annual Social Security cost-of-living adjustments (COLAs) on the Consumer Price Index for Elderly Consumers (CPI-E). It would also improve the solvency of the Social Security program by pha ...
H.R. 2302, Protecting and Preserving Social Security Act
If adopted, H.R. 2302 would base annual Social Security cost-of-living adjustments (COLAs) on the Consumer Price Index for Elderly Consumers (CPI-E). It would also improve the solvency of the Social Security program by p ...
Q & A: April 2019
Can You Tell Me What to Expect in The Part D Doughnut Hole? Q: I read that the Medicare Part D doughnut hole is closing. What does that mean? I recently started on Lantus insulin, which my drug plan covers, but with t ...
COLA for 2020 May Be Zero. No, This is Not Normal!
At 2.8%, the annual cost-of-living adjustment (COLA) that Social Security beneficiaries received in 2019 was the highest in seven years. The average monthly retiree benefit of $1,425 increased by almost $40, but since O ...
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