(Washington, DC) – Chances are high that most retirees are paying too much for their Medicare health and drug plans, says The Senior Citizens League (TSCL). “Unless you match your needs to the lowest costing plan that s ...
Category: News
2021 Social Security COLA Likely To Be About 1.3%
(Washington, DC) – Social Security recipients are likely to get a 1.3 percent cost of living adjustment (COLA) in 2021, making it the second lowest ever paid, according to The Senior Citizens League (TSCL). “Our forecas ...
Congress Should Boost Social Security Benefits and Increase the Amount of Wages Subject to Payroll Tax
(Washington, DC) – Eighty-three percent (83%) of the participants in a recent survey by The Senior Citizens League (TSCL) agree that Congress should boost Social Security benefits by 2 percent. The same survey found tha ...
56% of Retirees Think We Need to Invest More In Medicare
(Washington, DC) – Fifty six percent of older adults think we need to invest more in Medicare in order to respond more quickly and effectively to a healthcare crisis like COVID-19, according to a new survey by The Senior ...
The Senior Citizens League (TSCL) Submits Petition to The Democratic National Committee for Platform Plank
(Washington, DC) – The Senior Citizens League (TSCL) is pleased to review the draft plan of the 2020 Democratic Party Platform. The draft platform plan for retirement security is a scant five paragraphs in an 80-page do ...
48% of Older Americans Have Gone Without Essentials During Pandemic
(Washington, DC) – A new survey seeking to learn the financial impact of the coronavirus on older Americans indicates that almost half of retirees say they have gone without essential items. According to the survey by T ...
Older Americans Not Concerned About Drug Makers’ Threat
(Washington, DC) – Drug manufacturers and some Members of Congress claim that allowing Medicare to negotiate drug prices would limit funding for research and development. But a new survey by The Senior Citizens League ( ...
Payroll Tax Cuts Worsen Social Security and Medicare Funding Issues
(Washington, DC) – President Trump is insisting on another payroll tax cut for any economic stimulus package. But the proposal is unlikely to provide financial help for unemployed workers who need the money, and would w ...
Half of Retirees Report Paying Tax on Social Security Benefits for 2019
(Washington, DC) – Half of retirees participating in a new survey by The Senior Citizens League (TSCL) say they paid income taxes on a portion of their Social Security benefit income for the 2019 tax year. “There was no ...
Social Security Benefits Lose 30% of Buying Power Since 2000 No COLA Likely For 2021
(Washington, DC) – Social Security benefits have lost 30 percent of buying power since 2000, according to the latest Social Security Loss of Buying Power study released today by The Senior Citizens League (TSCL). “This ...