Members of the House spent the week in their home districts, and are expected to return to Capitol Hill on Wednesday, May 30. Members of the Senate will recess next week for the Memorial Day holiday and will return on Monday, June 4..Under current law, workers earning more than 0,100 today pay no Social Security taxes on their earnings over that amount. A major proposal to extend the solvency of Social Security would increase or completely eliminate the taxable maximum. What is your position?.My Medigap premium is more than 0 per month. I'm paying 4.60 for Medicare Part B and per month for a Part D plan. I've learned there's a Medicare Advantage plan in my area that only charges a premium of a month, and that includes Part D and some vision benefits. I'm 7Is it a good idea to try Medicare Advantage?.Food is one of the top three categories of expenses for most people who rely on Social Security. While the price of gasoline has gone down, food costs, especially meats, have continued to climb. Here are five ways to lower the food bill:.TSCL is working for legislation that would eliminate the one-time gain "means test," and supports efforts that would repeal determination of Medicare benefits based on income. To learn more, please visit..Lawmakers on both sides of the aisle agreed at Wednesday's hearing that displaying the full Social Security number on Medicare cards puts seniors at risk for identity theft. However, the process of removing the numbers is costly and complex. Tony Trenkle, Director for the CMS Office of Information Services stated, "It's going to be a massive undertaking if we go down this road." He explained that the process would require a technology system update and massive education efforts for beneficiaries, providers, and business associates..The COLA is calculated using data from the Consumer Price Index for Urban Wage Earners and Clerical Workers. Of the CPI groups that the Bureau of Labor Statistics measures, the CPI-W covers only 28% of the total U.S. population, and specifically excludes households "with no one in the labor force, such as retirees.".TSCL was pleased to see seven new cosponsors sign on to the bill this week, and we will continue to advocate for it on Capitol Hill through the remainder of the 114th Congress..Sadly, Social Security benefits and cost-of-living adjustments specifically, have not kept up with inflation in recent years. The Senior Citizens League has estimated that the 2021 COLA will be just 1.3%., the second lowest in its history. This comes as our nation grapples with a once-in-a-century pandemic and seniors are relying on their Social Security benefits to get by more than ever before.

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Sen. Bernie Sanders introduced S. 2023 on September 10, 201It has since been referred to the Committee on Finance..This week, TSCL announced its support for the Improving Care for Vulnerable Older Citizens through Workforce Advancement Act, which was introduced by Sen. Bob Casey in the Senate, and by Rep. Matt Cartwright in the House. If signed into law, the bill would create six different demonstration projects that would focus on the coordination of care for elderly patients with multiple chronic illnesses. It would put Direct Care Workers such as nursing assistants, home health aides, or personal care aides in advanced roles, and it would test and evaluate different models of care coordination..To help protect the buying power of earned benefits, The Senior Citizens League is fighting proposals to cut COLAs. TSCL has developed an online calculator for the public to learn how much a COLA cut would cost in Social Security income. Visit seniorsleague.org/chained-cola-calculator/. … Continued

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This week, two new cosponsors Reps. David Cicilline and Steve Cohen signed on to the SAVE Benefits Act, which was recently introduced by Rep. Alan Grayson in the House. If signed into law, the bill would give Social Security beneficiaries a 3.9 percent COLA next year instead of the zero COLA they are expected to receive. It would cover the cost of the emergency COLA and extend the solvency of the Trust Funds by closing a loophole that allows corporations to deduct bonuses for CEOs from their taxes..Social Security disability benefits are financed through the taxes paid by workers and their employers on earnings up to a cap of 7,000. Of the 6.2% that each pays, 0.9% goes to Disability Insurance and the rest goes to pay retirement and survivors benefits..Making matters worse, many who are impacted by the WEP and GPO are unaware of their existence until they file for benefits and retire. Chairman Johnson said on Tuesday, "The Social Security statement that is required by law shows them … the amount of Social Security benefits they would receive if the WEP and GPO didn't exist. These workers, just like every other American, have a right to know what their Social Security benefits will be so they can best prepare for their retirements." … Continued

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