The Medicare Part B premium payment is automatically deducted from monthly Social Security benefits of most retired and disabled recipients. The hold-harmless provision is triggered when the dollar amount of a qualified individual's COLA is less than the dollar amount of the increase in their Medicare Part B premium. When this occurs, the individual's Medicare premium is adjusted in order to prevent a reduction in their net Social Security benefit from one year to the next..TSCL would like to remind you that now is the perfect time to approach your Members of Congress at local events and request their support for a fair Social Security cost-of-living adjustment and for other key issues..As things are scheduled for now, the Senate will return to the Capitol on Sept. In the meantime, it will be in a "pro-forma session." That happens in the Senate at a time during which no legislative business is conducted. The sessions are held to satisfy a provision of the Constitution that prohibits either chamber from adjourning for more than three days without the permission of the other chamber. When the House or Senate recesses or adjourns for more than three days, both chambers adopt concurrent resolutions providing for the recess or adjournment..While your Members of Congress are in their home states and districts, it is the perfect time to approach them at local events and request their support for a fair Social Security cost-of-living adjustment and other key issues..At what age do you think most people retire? According to the Social Security Administration, the largest group retires at age 62 with reduced benefits! Only 4% wait to start benefits at 70, the age at which they would get the maximum amount. Could the fact that most people file for Social Security benefits so early be simply because they hear so often that they can do so at 62? Does 62 become a distorting anchor on our thinking?.By US Representative Dennis A. Ross.New legislation passed in the House to repeal and replace Obamacare puts access to health care for the sickest, poorest, and even older Americans on Medicare at risk, warns The Senior Citizens League. Says TSCL's Medicare and Social Security policy analyst, Mary Johnson, "The GOP's American Health Care Act:.In addition, new retirees in 2017 or later would no longer have their benefits reduced by the WEP. Instead, all earnings would be considered when determining Social Security benefits. Ways and Means Committee Chairman Kevin Brady the sponsor of H.R. 711 explained on Tuesday, "No more unfair formula … Instead, we use the same benefit formula for everyone, looking at all earnings. And if some of those earnings aren't from Social Security covered employment, we adjust benefits to reflect the proportion that are.".Drug Makers Pour Huge Dollars into Campaigns
