STILL needing names of any overseas military!! Please ask at your church or other clubs.
Month: November 2016
Legislative Report…Daniel Nnorth and Claudia Schott
Just a quick California Legislature update: You will be happy to know that bills SB1150 (Mortgages and Deeds of Trust, Leno) and SB1234 (Secure Choice Retirement Savings Plan, DeLeon) have passed both houses and have been chaptered, that is, made into statutes. Our writing campaign has paid off! And we can breathe a little easier, knowing that a) our houses can’t be sold out from under our surviving spouse, and b) our money is just a little safer.
And now for the bad news: Congress is only giving us a 0.3% increase in our Social Security benefits next year. The announcement came in September from the Social Security Administration. This is the smallest cost-of-living adjustment (COLA) since automatic raises began in the mid-1970s. And it comes after recipients received no bump up in benefits for 2016 because inflation was so low. For retired workers the average monthly benefit in January will go up $5 to $1,360. But beneficiaries will likely find this small sum eaten up by higher premiums for Medicare Part B, which covers doctor and outpatient hospital visits, experts say.
Social Security announced other changes. Beginning next year, the amount of earnings subject to Social Security tax will go up from $118,500 to $127,200. This change will affect about 12 million of the 173 million workers who pay into the system.
The COLA also will have an impact on Medicare Part B premiums. Premiums for 2017 haven’t been announced yet, but the Social Security Administration warned: “For some beneficiaries, their Social Security increase may be partially or completely offset by increases in Medicare premiums.” AARP and other groups last month wrote to lawmakers asking them to protect Medicare beneficiaries from potentially steep premium increases again next year. Let’s hope it works. You can help too, by writing your Congressman.
And on that note, all I have left to say at this point is: Please Vote!! If you don’t like the current lineup in Congress, change it! Remember: November 8th is Election Day. Make a difference! (And if you don’t vote, you can’t complain!)
Our New Website
Our new website is a work in progress being taught by Rick Loek to a few members. Check it out at campbellaarp.org.
Membership…Shelly Schwartz
Have you looked at your Red AARP National Membership Card to check on its expiration date? As you know, Membership in the National organization of AARP is required for all of our members. So, check the date on your card to make sure your membership has not expired. If you need to update your National Membership, make sure you let me know your new expiration date when your new card arrives. You can update by: 1)Going online at www.aarp.org 2)Calling 1-888-687-2277 or 3)Pick up a renewal form from me at the meeting. There was no room for the renewal form in this Dispatch; however e-mail recipients will receive one.
Election This Month
Election of the new officers will take place this month: President Ken Schiek; Vice President Gene Lennon; Treasurer Rick Loek; Assistant Treasurer Sue McMillan; Secretary Fannie Young. The new nominating committee consists of Karen Sanfillipo, Jan Delucchi, Shelly Swartz, Thelma Bridges; Chris Hejmanowski; Angie Jaggars, and Marlene Hruby.