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Insider’s Report: What the outcome of the 2022 election means for your earned benefits
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As House Republicans gain a majority in the new Congress, one thing is clear: we could soon see proposals to slash benefits come up for a vote in Congress. And these proposals include everything from raising the retirement age to 70, cutting the annual Social Security Cost-of-Living Adjustment (COLA), rolling back critical drug pricing reforms, even privatizing Medicare for the benefit of huge insurance companies.
While these proposals may work out great for Wall Street, huge insurance companies and Big Pharma executives, they will devastate seniors — the vast majority of whom are counting on Social Security for most of their income in retirement. And so it’s more important than ever for the Senate and President Biden to serve as a firewall against proposed benefit cuts and harmful reforms to Social Security and Medicare.
As NCPSSM President and CEO Max Richtman and other seniors’ advocacy leaders wrote about recently in the Hartford Courant, “Too many seniors who have worked and paid into Social Security all their lives are living in poverty and struggling to make ends meet. To hold them hostage over the debt ceiling is unconscionable, yet that is exactly what the Republicans aim to do.”
This year marks the 40th anniversary of the National Committee. For four decades, thanks to the support we receive from our million+ members and supporters across the country, we’ve waged and won numerous battles on behalf of Social Security and Medicare — and your earned benefits. But every year these fights are getting tougher because the resolve in Washington to “do something” about these popular and effective programs gets stronger.
That’s why our work to mobilize millions of older Americans, advocate for polices that will protect and improve Social Security and Medicare and ensure the truth about your earned benefits is accurately represented by the media and decision makers in Washington remains mission critical.
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| Notice to the Class of a Proposed Clarification in Hospital “Observation Status” Case |
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In Alexander v. Becerra, a federal court found that certain beneficiaries must be allowed to appeal to Medicare when their hospitalizations are reclassified from “inpatient” to “outpatient receiving observation services.” As part of the implementation process, class counsel and the government recently asked the court to clarify how Medicare can address certain retrospective claims. The parties proposed this clarification in the interest of facilitating and streamlining the retrospective appeals process ordered by the court, and reducing administrative burden. The court ordered the parties to notify class members of the proposed clarification. If class members have any questions or comments about the proposed clarification, please contact class counsel by November 25, 2022. The proposed clarification and instructions for contacting class counsel can be found in the link below.
Read the notice of proposed clarification.
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| Ask Web |
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Our resident Social Security expert, Webster Phillips — a Senior Policy Analyst for the National Committee and a 31-year veteran at the Social Security Administration — is here to answer your questions about Social Security.
You can either search our archives for valuable advice on a broad range of concerns or submit your question here.
This week's question is: I am 75 years old; my wife is 61. I did not start collecting Social Security until age 70 and receive about $1,650 per month benefit. How much can my wife expect to receive at my death, assuming it happens this year? What would her benefit be at age 65, 66, 67?
Click here to read the answer.
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| Take Our Poll |
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Former President Trump just announced his bid to run for a second term in office. Do you believe a 2nd term Trump presidency would pose a threat to Social Security and Medicare?
Take our poll now!
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Ask Web
Whether you’re currently retired or approaching retirement, we can help answer your questions and provide valuable advice on Social Security. |
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Join Now
Your support sustains our campaigns in Washington to protect and strengthen Social Security and Medicare. |
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Aging, Health and Care
Find useful resources on everything from caregiving and hearing care to long-term care and transportation. |
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| NCPSSM-Endorsed Candidates Prevail in Mid-Terms |
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The National Committee to Preserve Social Security and Medicare congratulates the many seniors’ champions who prevailed in key races across the nation. More than 70 of the candidates who the National Committee enthusiastically endorsed have emerged victorious in crucial House and the Senate contests. (November 9, 2022, www.ncpssm.org, Entitled to Know blog)
Read More →
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| Why are Republicans telling voters they want to cut Social Security by a third? |
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If the Republicans take over the House, Rep. Kevin McCarthy has not ruled out cutting Social Security. So, it’s worth taking a look at what a Republican plan might look like. The proposal in a Republican Study Committee document — Make Social Security Solvent Again — is based on a bill put forward in 2016 by former Rep. Sam Johnson (R-TX). (November 7, 2022, Market Watch, Alicia H. Munnell)
Read More →
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