TSCL is in the early stages of understanding the full scope of the impact of COVID-19 on the Social Security Trust Fund, as we continue to work with Congressional Offices to enact legislation to boost benefits and strengthen program financing..The Senior Citizens League supports legislation that protects Medicare benefits and lowers out-of-pocket costs for beneficiaries. To learn how to get involved, visit..Customers are asked to provide their Social Security numbers or other personal identifying information in exchange for a bank routing number that will allegedly pay their utility bills. In reality, there is no money, and customers believe they have paid their bills when in fact they have not..Washington, DC) How is the pandemic affecting retirement savings? Forty - eight percent of retirees with retirement accounts say that their savings have not recovered pre-pandemic levels, according to a new survey by The Senior Citizens League. "There's no doubt about it, the Coronavirus - caused recession is forcing many older adults to rethink retirement plans," says Mary Johnson, Social Security and Medicare policy analyst for The Senior Citizens League. "While the U.S. stock market ended 2020 at an all - time high, the retirement savings held by many retired adults do not appear to have benefited from the run up," Johnson says. "This is exactly why the guaranteed income nature of Social Security is so important," she notes..To learn more about how work affects your benefits, see the publication "How Work Affects Your Benefits," SSA Publication No. 05-1006You can find it at or by calling toll free at..TSCL on the Hill.Low inflation is often blamed on the economic recession and slow recovery, but there are other factors. Unbeknownst to most of the public, the federal government has quietly made numerous changes to the methodology used for the nation's inflation measurement - the consumer price index. Politicians claim the changes make the CPI more accurate, but virtually all of the changes since the 1980's have lowered the measured rate of inflation and reduced the growth of Social Security benefits..Upon introducing the bill, Rep. Grayson said, "Our seniors built this nation. Our veterans sacrificed to defend it. We owe them so much. This modest raise is one way to repay them."."Are You a Hospital Inpatient or Outpatient?" CMS, December 2009, Product No. 11435.

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According to the Social Security Administration, beneficiaries will receive a 1.7% COLA starting in January of next year. The low COLA comes close on the heels of two years when no COLA was paid, in 2010 and 201The COLA in 2012 was 3.6%. "The anemic growth in benefits will cause tens of millions of seniors to spend a bigger portion of their monthly Social Security payment on healthcare and other costs next year," says TSCL Chairman Larry Hyland..For the past 16 years, Johnson, has been helping friends and family members with the job of comparing health and drug plans. "It takes patience, but this is likely to be the best return on comparison shopping that you do all year," Johnson says. Here are some pointers:.This question is signficant in light of proposals to.Will Widows Of Notch Babies Be Included Under Notch Reform? “My husband passed away September 5, 200What will happen to his lump-sum if they ever decide to pass Notch Reform? What would happen to my lump-sum if I should die now? Would my daughter get it? It seems they are waiting for us all to die.” … Continued

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Your doctor signs a home health care certification, confirming that you are homebound and need intermittent skilled care. The certification also must state that your doctor as approved a plan of care for you and that the face to face meeting requirement was met..Women also tend to take their benefits sooner than men - before reaching the age for full un-reduced retirement benefits. When retiring before full retirement age, benefits are permanently reduced by up to 25% to 30%, depending on age..What executive actions did the President announce? … Continued

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