Global Health Policy Event Aids 2012 Beyond Mdg 6 Hiv And Chronic Ncds Integrating Health Systems Toward Universal Health CoverageWith regard to your specific concerns on Social Security COLAs, as you are fully aware, after a person becomes entitled to receive Social Security benefits, his or her monthly benefit was designed to increase annually to maintain purchasing power over time. The amount of the COLA is based on inflation as measured by the Consumer Price Index. If the CPI rises, Social Security benefits for the next year increase proportionately. If the CPI falls, Social Security benefits stay the same. Like you, I too have long been critical of this formula that measures the level of inflation in our economy because older Americans have different needs than the "typical" American. In addition, the current CPI fails to adequately reflect the fact that seniors rely more on medical goods and services, which have a much higher inflation rate..The Social Security Trust Fund is the single biggest government account to which the U.S. Treasury owes money, with obligations currently totaling about .8 trillion dollars. From the mid 1980s until 2010, the Social Security Trust Funds received more revenues than required to pay benefits. Under current law, when surplus revenues are received, the Treasury issues special bonds or I.O.Us to the Trust Funds and excess revenues are used for other government spending. The government is required by law to pay interest on those I.O.U bonds..Your contact with Members of Congress is important now and could help clear the legislative path for this important legislation. Call your Member of Congress now toll free at. Calls to your elected lawmakers made on this number will be paid for by The Senior Citizens League. … Continued
Ncsl In Dc Publications And Resources Capitol To Capitol Nov 14 2018According to Rep. Deutch, the bill would extend the solvency of the Social Security trust funds for decades into the future by ensuring that the wealthiest Americans contribute to the program at the same rate as everyone else. Upon its introduction, he said, "Currently, most Americans contribute 6.2 percent of every paycheck they earn to Social Security, while a corporate lawyer earning 0,000 pays an annual rate of just 1.71 percent and a CEO earning million pays an annual rate of just 0.003 percent.".Our annual Senior Surveys indicate overwhelming public support for the major provisions of The Social Security 2100 Act. And based on your comments and email, that's pretty much the case, no matter which political party you happen to vote for. It's vital for all of us to make sure your Member of Congress knows how you think Social Security and Medicare should be "rescued." Please take our 2020 Senior Survey..Many lawmakers feel that major Medicare reform is necessary, even though Congress has already made significant changes to the program this year. Do you agree, and if so, what changes do you think must be made? … Continued