02/19/2019 - On Feb. 13, Sen. Bernie Sanders (I-VT) introduced S. 478, the “Expand Social Security Act,” legislation that would expand benefits and add almost 50 years of solvency to the program. Social Security, in its current form, is paying out more money to recipients than it takes in, and will no longer be able to pay out full benefits by 2034. A companion bill, H.R. 1170 was introduced in the House on the same day by Rep. Peter DeFazio (D-OR-4).
News: Social Security, Medicare
11/05/2018 - (This article first appeared in the November/December 2018 issue of the American Postal Worker magazine)
By Retirees Department Director Nancy Olumekor
There is still work we must do to protect our federal pension, benefits and the Postal Service on behalf of retirees. The Social Security Fairness Act (HR.1205 and S.915), along with the Social Security Expansion Act (S.427) are needed legislation. There are still millions of Civil Service Retirement System (CSRS) annuitants watching and waiting for Congress to pass legislation to repeal the Windfall Elimination Provision (WPO) and Government Pension Offset (GPO) in order to provide us with a fair return on our investment in the Social Security system.
07/24/2018 - (This article first appeared in the July-August 2018 issue of The American Postal Worker magazine)
By Retirees Director Nancy Olumekor
Every year we recognize and celebrate the Social Security Act, enacted on Aug. 14, 1935, 83 years ago, and Medicare, enacted on July 30, 1965, 53 years ago. These two important laws were established to benefit workers in their old age, as retirees.
Our celebration this year during July and August includes continuing the fight to protect these earned benefits. All APWU members, along with their families, friends and neighbors, can participate in an action of recognition by supporting APWU legislative priorities for fair benefits for American seniors.
Retirees Friday Alert:
HEADLINES: 2018 Social Security COLA will be 2.0%: Not Enough to Offset Medicare Part B Premiums; House Slashes Medicare to Fund Children’s Health Insurance Program; President Trump Signs Health Care Executive Order, Ends Affordable Care Act Subsidies; CNN: Investigation Finds Drug May Be Inappropriately Prescribed Pill to Nursing Home Residents; Nebraska Alliance Elects Officers, Wisconsin Alliance Draws Gubernatorial Candidates.
09/01/2017 - (This article first appeared in the Sept-Oct 2017 issue of the American Postal Worker magazine)
By Retirees Director Nancy Olumekor
The USPS reports that each year postal employees throw away almost $200 million in retirement benefit matching funds by failing to save in their Thrift Savings Plan (TSP).
It is never too early or too late to start planning for retirement. You need to be clear about what you want your “golden years” to look like.
APWU Working with Allies to Address Unintended Consequences
10/20/2016 - The APWU has joined with 74 other organizations to urge Congress to correct an outrageous disparity, Retirees Department Director Nancy Olumekor reports. Unless the legislature takes action, a miniscule 0.3 percent 2017 cost-of-living adjustment for millions of retirees will result in a substantial reduction in the annuities of hundreds of thousands of postal and federal employees who are enrolled in Medicare.
During Tuesday night’s Republican presidential debate, Donald Trump answered a question about raising the minimum wage by saying that wages are too high. Rather than taking on Trump, Marco Rubio and Ben Carson helped reinforce that message by stating their own opposition to a minimum wage hike.
Sen. Elizabeth Warren Introduces Bill Providing One-time Payment of $581 to Social Security Beneficiaries, Veterans
On Thursday, Sen. Elizabeth Warren (D-MA) introduced S. 2251, the Seniors and Veterans Emergency Benefits Act. The bill would provide a one-time payment in 2016 to Social Security beneficiaries, veterans, and others of $581, or 3.9% of the average Social Security retirement benefit.
11/01/2015 - (This article first appeared in the November/December 2015 issue of The American Postal Worker magazine.)
We have a tradition in this country of celebrating birthdays by sending cards and giving gifts.
Rep. Allan Grayson (D-FL) celebrated Medicare’s 50th birthday by introducing the “Seniors Have Eyes, Ears, and Teeth Act” (H.R. 3308), which would expand Medicare coverage.
Congressional leaders and the White House announced on Monday that they had reached a deal to avert default and keep the government funded. Outgoing House Speaker John Boehner helped arrange the deal, which also cleared the way for new Speaker Paul Ryan to become the new Speaker without having to worry about clashes over the debt limit and budget issues until 2017.