H.R. 4140, the SENIORS Act

AMAC, the Association of Mature American Citizens, is sponsoring a local rally to support Congressional approval of H.R. 4140, The Seniors Act, which will give recipients of Social Security benefits and veterans’ benefits a special one-time retroactive payment to offset the lack of a Social Security Cost of Living Increase this year. Here are the details:

The background on H.R. 4140

Seniors did not receive a Cost Of Living Adjustment (COLA) on their Social Security benefits this year. Medical costs went up; food costs went up; just about everything went up in cost, but because low gasoline prices kept the CPI artificially low, no COLA was given to our seniors! H. R. 4140 is a bi-partisan bill sponsored by Rep. Guinta of NH and co-sponsored by two Democrats and four Republicans. This bill will give Social Security beneficiaries a 1% increase in benefits retroactive for 2016.

The following Congressional Representatives have pledged their support for the bill: Rep. Derek Kilmer [D-WA-06], Rep. Frank Guinta [R-NH-01]—Lead Republican, Rep. Daniel Webster [R-FL-10], Rep. Kyrsten Sinema, [D-AZ-9]—Lead Democrat, Rep. Stephen Lee Fincher, [R-TN-8], Rep. Christopher P. Gibson, [R-NY-19], Rep. Richard B. Nugent, [R-FL-11].

The details on the rally

Date: May 16, 2016
Time: Doors Open at 3:00PM
Event: 3:30PM – 4:30PM
Location: The Savannah Center, The Villages, FL

We are going to tell Congress they need to pass H. R. 4140, the Seniors Act of 2015, which will give seniors – and veterans – a one-time retroactive increase in benefits this year.

We can make this happen if we stick together and make our voices heard. We expect our elected representatives to be present, as well as local news and media outlets. Edmund Burke said “The only thing necessary for the triumph of evil is for good men to do nothing.” Here’s our opportunity for good to triumph! Let’s tell Congress it’s unacceptable that almost everything went up in cost, but an outdated COLA formula meant our Seniors and Veterans got no increase in benefits. Now is the time to make our voices heard!

For those unable to join us

The May 16 rally is a local, Central Florida event, but for those unable to be with us, your voices can still join the movement. Just visit our “Contact Your Representative” page on the AMAC.us website and take action with a direct message to your Representative. You’ll join a growing number of patriots nationwide who share AMAC’s mission of protecting our seniors.

Comments On This Topic

  1. I am a senior living on Social Security & find it very hard to meet both ends each month. The price of food, utilities, gas, insurance, just about everything has grown so much! And there has been no increase on our social security at all. When is a cost of living wage increase going to happen? Juggling bills is maddening because I don’t have the finances to pay them all. Something has to happen and quickly.

    • Well, there is probably good news coming on the Social Security Cost of Living Adjustment (COLA) front this fall. Early predictions are that COLA for 2022 should raise your Social Security payment by about 6%. COLA for next year is determined by comparing the 3rd Quarter Consumer Price Index for Urban Workers and Wage Earners (CPI-W) to the CPI-W for the 3rd quarter of the previous year. The difference becomes the percentage of COLA increase for next year, and early predictions are that COLA will exceed 6%. While that is good news for those who rely heavily on Social Security, there is also a downside to that, which is this: the reason COLA will be so high is that inflation this year has caused consumer prices to rise sharply, which means that any extra money you get from Social Security will be consumed paying those higher prices. Pretty hard to get ahead when the price of things you buy spirals upward. Social Security’s COLA formula is fixed, so a benefit increase beyond that dictated by the Consumer Price Index won’t happen.
      You may wish to consider visiting a website sponsored by the National Council on Aging, at which you can enter your zip code, answer a few basic questions, and get information on all potential assistance available to you where you live. That website is http://www.benefitscheckup.org. The site is very easy to use and provides a wealth of information about where to find any additional help you qualify for.
      Russell Gloor
      National Social Security Advisor
      The AMAC Foundation

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