(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 ...
Category: News
Growing Prescription Drug Shortage
(Washington, DC) – Concern is growing that prescription drug shortages due to the COVID-19 pandemic may cause significant spikes in prescription drug costs for retirees, The Senior Citizens League (TSCL) warns. “Some of ...
A Corona Virus Caused Recession Would Increase Number Claiming Social Security
(Washington, DC) – An emergency Social Security and Medicare payroll tax cut could weaken program financing at the same time a Coronavirus caused recession would significantly increase the number of people claiming Socia ...
Congress Should Cap Out-of-Pocket Costs For Medicare Part D Prescription Drugs
(Washington, DC) – Seventy-eight percent of retirees think Congress should cap what Medicare beneficiaries must spend out-of-pocket on prescription drugs, according to new survey by The Senior Citizens League (TSCL). Un ...
85% of Retirees Want Congress to Restrict “Surprise” Medical Bills
(Washington, DC) – Eighty-five (85) percent of retirees want Congress to enact legislation restricting “surprise” medical bills, according to a new survey by The Senior Citizens League (TSCL). This month Congress took t ...
45 Percent of Retirees See Little Growth in Social Security Benefits
(Washington, DC) – Forty- five percent of retirees, report that that their net monthly Social Security benefit grew by less than $10 in 2019 despite receiving a 2.8 percent cost-of-living adjustment according to new surv ...
Majority of Retirees Think All Wages Should be Taxed for Social Security Purposes
(Washington, DC) – Eighty-three percent of retirees think Congress should modify Social Security’s financing by applying the Social Security payroll tax to all wages, according to a new survey by The Senior Citizens Leag ...
Majority of Retirees Think Congress Should Modify Social Security COLA
(Washington, DC) – Eighty - five percent of retirees think Congress should modify Social Security to provide a higher annual cost-of-living adjustment (COLA), and they support very gradually raising payroll taxes to pay ...
Legislation Would Boost Average Social Security Benefits By About $70 In Ten Years
(Washington, DC) The average Social Security benefit would increase an additional $30 per month in 2020, if legislation under consideration in the House is signed into law before the end of the year, according to a new ...
Millions of Retirees Spend $5,000 Annually on Medicare Premiums
(Washington, DC) An estimated 10 million Medicare beneficiaries who are covered by a Medigap policy and a Part D plan, will spend about $5,000 in 2019 ($416 month) just for Medicare premiums, according to a national sur ...
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