Health Ncsl Prescription Drug Policy Resources CenterCenter for Disease Control says Face Coverings Remain Key.The 2021 Part B increase comes at the same time beneficiaries are receiving one of the lowest COLAs ever paid. The annual inflation adjustment will increase the average Social Security benefit by only .00 per month. Because Medicare Part B premiums and out-of-pocket costs grow several times faster than the annual COLA, healthcare costs take a rapidly growing share of Social Security benefits in retirement. The situation can leave older households without adequate income and dwindling savings just a few years after retiring..When people file a claim for benefits, Social Security determines both entitlement to, and the amount of, benefits based on earnings history, NOT the amount of taxes paid in. Under current law, all earnings for which there is evidence are used to determine an individual's benefits, even if the earnings were for jobs worked under invalid and fraudulent Social Security numbers. Thus executive action on immigration could open Social Security and Medicare to significant long-term costs based on work performed while illegal. … Continued
Blog Tech Ceos Offer Some Policy AdviceThey are willing to pay more for Social Security, if necessary, to keep the program strong..With 1.2 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. Its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. The Senior Citizens League is a proud affiliate of The Retired Enlisted Association. Visit for more information..Will higher-income workers pay their fair share of taxes to Social Security? … Continued