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The 30 percent who are not protected by hold harmless include:.While neither platform outlines a comprehensive path forward for Social Security, they do offer two dramatically different stances on the program's future. The Democrats adopted a platform that prioritizes an expansion of Social Security, while the Republicans committed to reforming the program in a way that improves the program's financial outlook without using revenue increases to do so..Can you afford a 24% cut in your Social Security check? Can you afford to pay even more than you do now for your health care after you get a 24% cut in your Social Security?.The Senior Citizens League supports legislation that would provide a more fair and adequate COLA and is seeking input from the public. To participate in a survey about Social Security and Medicare, visit..That fear comes from the fact that some of those same lawmakers who are demanding action on the bipartisan infrastructure bill ahead of the reconciliation package have also expressed misgivings with taking on drug-pricing changes without Republican support..The BPC released its own estimate of the impacts of a coronavirus recession on Social Security, projecting that it would accelerate the depletion of the trust fund from 2035 to 202Without any changes, a depletion of the Social Security trust fund would trigger program wide benefit cuts of 23%, as benefits adjust to the level of revenues still received by the program.." The new Obama Administration policy is opening Social Security to as many as 1.2 million non-citizens who won't even have legal status, " Hyland says. This is occurring at the same time Congress and the President are debating major reforms that would cut the Social Security and Medicare benefits of U.S. senior citizens who paid into the system the legal way," he adds. TSCL supports the "No Social Security for Illegal Immigrants Act", introduced by Representative Dana Rohrabacher, which would ban the use of earnings for jobs worked while illegal to be used to determine entitlement..As negotiations continue over the coming days, TSCL will continue to monitor them closely and encourage lawmakers to avoid another shutdown on December 11th, since it would likely have a negative impact on Social Security and Medicare benefits. For updates, visit the Legislative News section of our website..Even if you aren't ready to sell your home, but just doing some planning for the future, homes maintain their highest value with careful regular maintenance and de-cluttering. It's not too early to start thinking ahead. To learn more, see: Selling Your House, Nolo's Essential Guide, by Iiona Bray, J.D.

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The Senior Citizens League's estimate is based on an expected Part B increase of .50 per month, from 4.00 in 2018 to 5.50 per month in 2019, as estimated by the Medicare Trustees in June of this year. "A Part B increase any more than .50 per month would mean that even more people at even higher benefit levels would potentially be affected by the Social Security 'hold-harmless' provision again in 2019," Johnson notes..Usually during economic downturns many older workers are forced into retirement when they lose jobs. While the pandemic may have caused more to retire earlier than planned, deaths removed hundreds of thousands of beneficiaries from Social Security rolls. In fact, life expectancy plunged by a full year in the first half of 2020, from 78.8 years to 77.8 years, the biggest drop since World War II..Much of Wednesday's hearing was focused on the repeal of the ACA. Several lawmakers in the majority party including Committee Chairman Lamar Alexander called for the establishment of a solid ACA replacement plan. He said: "The American people deserve health care reform that's done the right way, for the right reasons, in the right amount of time. It's not about developing a quick fix, it's about working toward long-term solutions that work for everyone." Congressman Price seemed to agree, and he expressed his support for a health system that ensures health insurance access but not a guarantee of coverage for all. … Continued

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Then in early 2018 when the 2017 payroll returns are filed by your employer, Social Security will verify how much you actually earned in 2017, and may repay any excess benefits that were withheld or let you know if they did not withhold enough. But beware! TSCL has learned of cases where these recalculations have been wrong and very time consuming to get corrected..To learn more about how Medicare covers hospital services, see your copy of the "Medicare & You" 2011 handbook that you received last fall, call or visit..Like the enormous sword of Greek legend hanging by a single hair above the head of Damocles, the U.S. Totalization agreement with Mexico continues to remain hanging over our nation's Social Security program. The agreement has not yet undergone final approval, but its fate has far-reaching implications for the benefits of 53 million U.S. Social Security beneficiaries. … Continued